Banking and Finance

Fishing Expedition

Apr.07 (LBO) - Sri Lanka's main tax authority plans to net in 40,000 new taxpayers in 2006, its newly appointed head said. buy metformin online …

Euro Credit

Apr.07 (LBO) – The European Investment Bank Friday extended a 70 million euro special credit line to Sri Lanka, to help rebuild small and med-sized …

Second Life

Apr.06 (LBO) -- Sri Lanka is going ahead with reviving Pramuka Bank and also setting up an institutional framework to recover debts of Pramuka and other state …

Wider Reach

Apr.06 (LBO) – Norway plans to step up financial assistance in Sri Lanka following a request by President Mahinda Rajapakse to raise its profile in the …

Little Treat

Apr.04 (LBO) – Sri Lanka Tuesday formalised an US$8.5 million grant on top of an already pledged US$7.0 million by Switzerland towards tsunami rebuilding …

Switching Gears

Apr.04 (LBO) – Sri Lanka's Associated Motorways Ltd said Tuesday that they had invested Rs. 100 million to start a fully owned leasing company. AMW …

Fresh Date

Mar. 31 (LBO) – Sri Lanka's Sampath Bank put off its extraordinary general meeting Friday to discuss a proposal to lift minimum shareholder limits at a …

Buying Time

Mar. 30 (LBO) – Sri Lanka's Commercial Bank of Ceylon Thursday put off its annual and extraordinary general meetings till next week, as shareholder …

Costly Plastic

Mar. 30 (LBO) – Sri Lanka's treasury secretary P B Jayasundara has asked the two state banks to step up credit card sales to public servants, following …

Extended Invitation

Mar. 29 (LBO) - Sri Lanka's Department of Inland Revenue is giving three extra months to pay back-taxes without facing penalties. online pharmacy buy strattera …

Expensive Joke

Mar. 29 (LBO) – Sri Lanka will introduce stamp duties from April on a range of services like credit cards, leasing and insurance policies, as the …

Audit Protest

Mar.26 (LBO) - Sri Lanka's government auditors are threatening industrial action against chronic inaction by authorities and the parliament to crackdown on …

Legal Muscle

Mar. 21 (LBO) – Sri Lanka's Parliament Tuesday passed amendments to several financial bills, including a tax on foreign television programmes and …

Dollar Gush

Mar. 20 (LBO) – Non-governmental organisations operating in Sri Lanka's tsunami-hit regions has received Rs40.1 billion (US$400 million) in aid for …

Good Marks

Mar. 17 (LBO) – Sri Lanka's Central Finance Company Ltd., picked up a A+(sri) credit rating from Fitch Ratings Lanka Ltd for their senior unsecured …

Direct Link

Mar. 16 (LBO) – Deutsche Bank AG's Colombo branch plans to scale up its presence here by luring big corporates and multinationals to use their state of …

Extra Support

Mar. 14 (LBO) – The International Finance Corp. said Tuesday that they have tied up with four Sri Lankan banks to increase access to finance small and …

Digital Actuaries

Mar13. (LBO) -- Sri Lanka’s accountants have come up with a digital solution to combat the shortage of actuaries in the country. The solution involves …

Debt Swap

Mar. 09 (LBO) -- State-run People's Bank is negotiating with the treasury to replace over Rs. online pharmacy buy spiriva inhaler with best prices today in the …

Mighty Atom

Mar. 08 (LBO) – Sri Lanka is pushing for greater access into the Indian banking industry when both countries meet for bilateral trade talks in May, …