Despite the heavy toll of the COVID-19 pandemic on Sri Lanka’s economy and the lives of its people, the economy will recover in 2021, though challenges …
The Central Bank (CBSL) has commenced payment of the increased compensation amount of Rs 500,000/- under the Sri Lanka Deposit Insurance and Liquidity Support …
SANASA Development Bank has resolved to raise capital through the issuance of new Ordinary Voting Shares to the public via a Secondary Public Offering (SPO), …
The Management of Pyramid Wilmar (Private) Limited (“Pyramid Wilmar”) wishes to make the following statement in response to recent media and social reports …
Fitch Ratings Lanka has assigned Sampath Bank PLC's (AA-(lka)/Stable) proposed Basel III-compliant subordinated unsecured debentures a National Long-Term …
Sampath Bank joined hands with LankaClear to become one of the first banks in the country to facilitate real-time online payments to the Inland Revenue …
The Ceylon Chamber of Commerce (CCC) and industry stakeholders propose an Extended Producer Responsibility (EPR) initiative as a more cohesive alternative to …
“The only answer to the problem of cost of living is to increase production and income received by the people. Price of imported goods is determined by the …
By Sangeeta Dey , Senior Education Specialist, World Bank & Shobhana Sosale , Senior Education Specialist , World Bank Despite robust growth and reduced …
Global Rubber Industries (Pvt) Ltd. has partnered with Kingslake, Sri Lanka’s manufacturing solutions experts, to lay the foundation for its next phase of …
Prime Minister and Minister of Finance, Mahinda Rajapaksa emphasizes the need to appoint an authorized person to look into the process of …
Fitch Ratings has assigned Seylan Bank PLC's (A(lka)/Stable) proposed Basel III-compliant subordinated unsecured debentures a National Long-Term Rating of …
State Minister of Finance, Capital Markets, and State Enterprise Reforms Ajith Nivard Cabral says the International Monetary Fund (IMF) …
In a report issued today, the research arm of leading independent Investment Banking firm Asia Securities, reiterated that it does not see a risk of sovereign …
LSEG (London Stock Exchange Group) and Refinitiv have combined to become a leading global financial markets infrastructure and data provider. LSEG and …
PAYable (Pvt) Ltd., Sri Lanka’s cashless payment solution provider, announced that it has processed 15 billion rupees in transactions on its platform to …
Fitch Ratings has withdrawn Seylan Bank PLC's 'A(lka)(EXP)' expected rating, assigned on 21 August 2020, for its proposed senior debenture issuance. Fitch is …
The Media Gender Charter (MGC) is a local initiative to guide media institutions in the need for a fair and equal gender portrayal within the media, …
NDB and the Norwegian Development Finance Institution, Norfund, have reached an agreement for Norfund to invest up to 9.99% in National Development Bank PLC …
The Emirates Group has announced the appointment of Steve Allen as the Executive Vice President of dnata, a global leading air services provider. Steve Allen …