Banking and Finance

Empty Chest

The Asian Development Bank admits it has not given a cent to Sri Lanka so far, as the US$ 150 mn tsunami assistance programme will only go before its board in …

Waiting Game

The Asian Development Bank has asked Sri Lanka to step up the momentum of tsunami reconstruction and said it was awaiting agreement between Tamil Tiger rebels …

Group Cover

LIC Lanka says Sri Lanka's low income workforce could be covered by a group insurance policy partially funded by the government. online pharmacy buy spiriva …

Hungry Mouths

HSBC Bank picked up Rs. 400 mn worth of leased backed paper, locking returns for up to four-years. online pharmacy buy ciprodex with best prices today in the …

Slow Pace

Reconstruction of tsunami-hit infrastructure and homes along Sri Lanka's ravaged coast has been delayed because pledged donor aid is only trickling in and …

BTT or Not?

Stiff political opposition stops Sri Lanka's key local body from raising taxes by four percent, for the first time in 15 years. online pharmacy buy abilify …

Indian Rumba

Merchant Bank of Sri Lanka is believed to be in serious talks with India's SBI Capital Markets Ltd to expand its corporate banking activity. buy champix online …

Fresh Aid

Japan is finalising a US$ 100 mn tsunami soft loan for Sri Lanka’s reconstruction work, expected to come through by mid next month.priligy buy metformin …

Aid Report

Sri Lanka has received a total of Rs. online pharmacy buy abilify with best prices today in the USA buy symbicort online buy symbicort online no prescription …

Switching Places

Consumer goods retailer Singer (Sri Lanka) Ltd plans to switch some of its expensive short-term debt with a Rs. buy cipro online …

Going Steady

The Central Bank on Wednesday said it will actively absorb liquidity from the financial markets to curb inflation in the coming months. online pharmacy buy …

Turn Off

Sri Lanka’s nine provincial councils will raise business turnover tax from one percent to five percent on “non-essential” commodities from April 1 to …

Shocking

The Finance Minister says improving financial reporting standards will reduce the strain on the government budget The Finance Minister says improving financial …

So, So

Tsunami-battered Sri Lanka on Friday jumped at an offer by the world's richest creditor nations to freeze its debt payments, but hardest-hit Indonesia was …

More Please

Tsunami-hit Sri Lanka has accepted a Paris Club offer to freeze its debt payments until the end of 2005, but plans to press lenders to extend the moratorium to …

Mix ‘n Match

The International Finance Corporation, the World Bank Group's private sector arm signed agreements with John Keells Holdings to speed the delivery of relief …

One Year Breather

Indonesia and Sri Lanka, devastated by the tsunami disaster in late December, have been given a moratorium until December 31 on repayment of their debt owed to …

Mind the gap

The International Monetary Fund says Sri Lanka still has to plug a US $ 420 mn gap in external financing to maintain reserves around US $ 2 bn in 2005, while …

Weight Watching

Commercial Bank of Ceylon is actively exploring ways to reduce its pension liability after a u-turn in tax policy cost the group an additional Rs. 67 mn. …

What Responsibility?

Sustainability reporting is still Greek to most listed companies in Sri Lanka while non-listed companies don’t even have annual reports, shows a recent …