Pay Up
Sri Lanka's Central Bank on Friday raised the minimum capital requirement for commercial banks by 400 percent to promote a robust and stable financial system. …
Banking and Finance
Joint Forces
The government says is it has not yet been able to set up a joint mechanism to fund the North and East, and is waiting for a word from the LTTE top brass. …
Hic Hic
Sri Lanka's warring parties are yet to agree on how to disburse millions of dollars in foreign aid for tsunami survivors more than three months after the …
Short Selling
The Public Enterprises Reform Commission (PERC) has billed just over a million rupees for the government so far, selling its minority stakes in listed …
Swiss Aid
Switzerland on Wednesday gave Sri Lanka US$ 7 mn as aid for cash grants to rebuild houses outside the coastal buffer zone in tsunami affected areas. online …
Thrice Over
Destitute Hambantota entreprenuers, who were hit by the tsunami, then battered by the government's buffer zone rules, are now caught in another vicious trap as …
People Power
People’s Bank said last year’s profits beat targets set in its restructuring plan despite increasing pressure on margins and higher provision for staff …
Big Mama
Treasury Secretary says the country’s risk-averse banking sector has failed to assist entrepreneurs especially in the small and medium sector. buy zithromax …
Abracadabra
State-run People's Bank is counting on an asset revaluation plus a Rs. 8 bn cash injection from the Asian Development Bank to stay afloat in the coming years. …
Top Insurer
The Insurance Board of Sri Lanka has posted Lasinee Seresinhe as it new Director General. online pharmacy buy strattera with best prices today in the USA …
Millennium Challenge Corporation of US asks Sri Lanka to whip its economy into shape
Mar 31, 2005 (LBO) - The Millennium Challenge Corporation has asked Sri Lanka to whip its economic plan into suitable shape to access funds in its US$ 1 bn …
Fee Offer
Merchant Bank of Sri Lanka will expand its fee based capital market service portfolio in a tie up with Indian investment banking giant SBI Caps on …
Single Window
The birth of new financial services powerhouse that seeks to take capital-related activities to a new paradigm and across national borders, was announced today …
Second Window
The Commercial Bank of Ceylon has extended its reach in Bangladesh with the opening of a branch at the Bangladesh Export Processing Zone Authority (BEPZA) …
Pension Plans
Over 3000 employees from the three state banks and the Central Bank want the government to reintroduce an employer contributed pension scheme. online pharmacy …
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 …