DIRECTOR OF FINANCE COURSE
Conducted by a Veteran Finance Professional Nirmalan Nagendra recently conducted an extensive Director of Finance Course for Executive Committee Members of …
Economy & Markets
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100bps rate cut on the cards to push banks for lending: First Capital Research
Jun 19, 2020 (LBO) – First Capital Research allocates a policy rate cut expectation of 100bps bringing the SDFR and SLFR to 4.50% and 5.50%, respectively. …
“Exporters optimistic about new market opportunities” new USAID survey
Jun 19, 2020 (LBO) - “Sri Lankan exporters are cautiously optimistic about business continuity amidst a global pandemic,” reveals the findings of a new …
Developing Asia to grow just 0.1-pct in 2020:ADB
Jun 19, 2020 (LBO) - Developing Asia will barely grow in 2020 as containment measures to address the coronavirus disease (COVID-19) pandemic hamper economic …
Central Bank increases funding for businesses affected by COVID-19
Jun 16, 2020 (LBO) – Central Bank has decided to provide funding to Licensed Commercial Banks (LCBs) at the concessionary rate of 1.00 percent against the …
Sri Lanka’s Central Bank further reduces Statutory Reserve Ratio
Jun 16, 2020 (LBO) – The Monetary Board of the Central Bank has decided to reduce the Statutory Reserve Ratio (SRR) applicable on all rupee deposit …
Coronavirus compounds Sri Lankan Banks’ stresses: Fitch Ratings
Jun 16, 2020 (LBO) – Sri Lankan banks' operating environment and financial profiles ace escalating risks from the economic fallout of the coronavirus. Fitch …
State Banks must play their bounden role in economic revival: President
Jun 16, 2020 (LBO) - The State Banks should make their bounden contribution to rebuild the economy which is in a perilous state due to COVID – 19 pandemic. …
Jaffna’s Institute of Medical Sciences bringing medical careers and care to the Northern Province
By Jekhan Aruliah During the 2020 COVID-19 “Corona” Virus pandemic we really loved our health workers. We all loved them because COVID-19 hit everyone. Not …
SEC Chairman calls on Central Bank Governor
Jun 14, 2020 (LBO) – The Chairman of the Securities and Exchange Commission (SEC) Viraj Dayaratne PC, paid a courtesy call on Professor W.D. Lakshman, …
Housing for middle and low income families a priority: President
Jun 12, 2020 (LBO) - President Gotabaya Rajapaksa instructed the officials of the State Development and Construction Corporation to pay attention to the …
Foreign Ministry helps local exporters overcome adverse impact of COVID 19
Jun 12, 2020 (LBO) - Comprehensive measures taken by the Ministry of Foreign Relations, in close coordination with the key Government Economic Agencies and the …
Technical assistance grant of Euro 11 mn from Germany
Jun 10, 2020 (LBO) – An agreement was signed by the Government of Sri Lanka with the Government of Germany today to obtain a technical assistance grant of …
President wants quick solutions to fertilizer related issues
Jun 10, 2020 (LBO) - President Gotabaya Rajapaksa instructed officials to find immediate solutions to issues faced by farmers relating to the supply, …
Verite Research launches the first phase of a new public finance platform
Jun 09, 2020 (LBO) – Verité Research launched the first phase of publicfinance.lk, an online platform that will eventually be a one-stop-shop for all public …
Fitch revises Sunshine Holdings’ National long-term rating to ‘A(lka)’ from ‘A-(lka)’
Jun 08, 2020 (LBO) - Fitch Ratings has revised the National Long-Term Rating of Sunshine Holdings (CSE:SUN), to ‘A(lka)’ from ‘A-(lka)’ and has …
MarCom collective commissions Ernst & Young to study industry’s economic significance
Jun 08, 2020 (LBO) - The MarCom Collective has commissioned Ernst and Young Sri Lanka (EYSL) to undertake a comprehensive study on the country’s marketing …
All possible measures are taken to ensure safety of deposits: CB Governor
Jun 07, 2020 (LBO) – Sri Lanka's Central Bank assures the general public that it will continue to take all possible measures to ensure the safety of public …
Sri Lanka’s budget transparency: improving but still behind international standards
Jun 05, 2020 (LBO) – The Open Budget Survey (OBS) scores countries on the openness of their budget process and is the world’s only independent assessment …
Economic Zone:A catalyst for modern services in Sri Lanka
Jun 03, 2020 (LBO) - The Lakshman Kadirgamar Institute of International Relations and Strategic Studies (LKI), is set to discuss the topic of “Port …