People's Bank wishes to place on record the following with regard to certain opinions expressed or reported recently on media; People's Bank, as a state owned …
Fitch Ratings has taken rating action on Sri Lankan non-financial corporates following the recalibration of its Sri Lankan National Rating scale to reflect …
The Central Bank of Sri Lanka recently issued a statement on penalties imposed against several financial institutions, including Softlogic Finance PLC for …
Jan 12, 2021 (LBO) – The Central Bank has made an order permitting Swarnamahal Financial Services PLC to resume business notionally for a limited purpose and …
Jan 12, 2021 (LBO) – The Monetary Board of the Central Bank has decided to cause Director, Supervision of Non-Bank Financial Institutions to make an …
In an effort to provide improved access to critical working capital for Sri Lankan businesses impacted by the COVID-19 pandemic and to help preserve jobs, IFC, …
Jan 11, 2021 (LBO) – Financial Intelligence Unit (FIU) as the regulator for Anti-Money Laundering and Countering the Financing of Terrorism in the country, …
Asia Securities, a stockbroking firm says that all signs point to a strong GDP growth trajectory in 2021. The latest Economic Outlook report titled Balancing …
Following a year of volatility, leading stockbroking firm Asia Securities (Pvt) Ltd, notes that the road ahead for Sri Lanka’s capital markets is optimistic, …
Jan 04, 2021 (LBO) – Sri Lanka's Central Bank has already commenced discussions with international payment service providers, such as PayPal, to enable …
A simple “Hi” is all it now takes to access services at the Commercial Bank of Ceylon. Demonstrating its innovative use of new-age communications, the …
Dec 31, 2020 (LBO) – The Commercial Bank of Ceylon has announced the launch of CBC Finance Ltd., the Bank’s fully-owned Licenced Non-bank Finance …
Dec 30, 2020 (LBO) – The United Kingdom has authorised the use of a second COVID-19 vaccine, becoming the first country to approve of an easy-to-handle shot …
The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) hosted the 24th SAFA Best Presented Annual Reports (BPA) Awards Ceremony in Colombo last …
I was overcome with grief when the passing away of my dear friend Dion was conveyed to me by phone on the morning of 18th December 2020. Death is …
Not limiting to the approval of Power Generation Plan the Commission urged the relevant parties to implement the power generation plans without a delay The …
Sluggish economic activity, external and domestic vulnerabilities, muted private credit growth and the sovereign's weakened credit profile are significant …
The Asian Development Bank (ADB) has launched a $9 billion vaccine initiative—the Asia Pacific Vaccine Access Facility (APVAX)—offering rapid and equitable …
Dec 13, 2020 (LBO) – The Central Bank requires the licensed commercial banks and National Savings Bank (NSB) to suspend the purchase of Sri Lanka …
Dec 08, 2020 (LBO) – Shandong Haohua Tire Co. Limited of China has submitted a project proposal to the Board of Investment with an investment of 300 million …