FMO supports Nations Trust Bank’s growth and drives job creation in Sri Lanka
Oct. 15, 2018 (LBO) - FMO, a Dutch Development Bank recently arranged a US 50 million dollar syndicated loan for Nations Trust Bank (NTB) in Sri Lanka. The …
Oct. 15, 2018 (LBO) - FMO, a Dutch Development Bank recently arranged a US 50 million dollar syndicated loan for Nations Trust Bank (NTB) in Sri Lanka. The …
Oct 15, 2018 (LBO) - Allianz Insurance Lanka Limited (Allianz Lanka) said, the acquisition of Janashakthi General Insurance in February 2018, has now been …
Oct 15, 2018 (LBO) - Sri Lanka's Prime Minister Ranil Wickremesinghe,highlighted the need to maintain freedom of navigation and freedom of digital connectivity …
Oct 12, 2018 (LBO) – Sri Lanka’s Central Bank has introduced a National Quick Response (QR) Code Standard for local currency payments with the aim of …
Oct 12, 2018 (LBO) – Central Bank says the allegations made by former Governor Nivard Cabraal in a recent newspaper article that the Central Bank has …
Oct 10, 2018 (LBO) - A new report by The Advocata Institute, titled “Price Controls in Sri Lanka: Political Theatre” finds that consumer price controls …
Oct 10, 2018 (LBO) - Global finance and reserve bank chiefs will gather this week in Bali, Indonesia for the annual gathering of the International Monetary …
Oct 10, 2018 (LBO) - The Megapolis and Western Development Ministry yesterday said Colombo Municipal Council (CMC) made an advance payment of 100 million …
Oct 09, 2018 (LBO) – Fitch Ratings on Tuesday said that they do not expect the government to raise electricity tariffs or implement a cost-reflective pricing …
Oct 09, 2018 (LBO) - Sri Lanka’s external sector recorded a moderate performance in July 2018. The trade deficit continued to widen in July 2018 …
Oct 09, 2018 (LBO) - Sri Lanka's Minister of Finance said the government aims to integrate small and medium scale enterprises into an official sector and …
Oct 08, 2018 (LBO) - The vilification of oil palm in Sri Lanka on the grounds of the crop’s purported adverse impact on the environment is completely …
Oct 08, 2018 (LBO) - If trade barriers are overcome, trade within South Asia can increase three-fold, from 23 billion US dollars to 67 billion US dollars, …
Oct 08, 2018 (LBO) - Real estate consultancy JLL Lanka commended the passing of recent legislation pertaining to foreign ownership of land in Sri Lanka, noting …
Oct 07, 2018 (LBO) – India will buy a total of 9 million barrels of oil from Iran in November, foreign media reported yesterday, citing an industry source, …
Oct 05, 2018 (LBO) - Sri Lanka is targeting 2.5 billion US dollars worth of foreign direct investments (FDI) for 2018 from 1.63 billion US dollars in 2017, a …
Oct 05, 2018 (LBO) – Senior Deputy Governor of Sri Lanka’s Central Bank, Nandalal Weerasinghe says that the fuel price formula will be useless if everyone …
Oct 05, 2018 (LBO) – Tourist arrivals to Sri Lanka were up 2.8 percent to 149,087 in September 2018 from a year earlier, official data showed. Last month, …
Oct 05, 2018 (LBO) - Special attention was drawn at a discussion regarding the promotion of Sri Lanka’s export sector and managing the devaluation of the …
Oct 04, 2018 (LBO) - Auction average for the month of September 2018 totalled Rs.537.77 compared to Rs.534.02 of August 2018 showing a marginal increase of …