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Sri Lanka Telecom has traded in its Rs. 138 million interest free loan given to Mobitel, for an equity stake in the cellular operation.SLTs Board of …

Banyan Roots

Returning to where it was all supposed to begin over 10 years ago. Sri Lanka the prime destination for a concept that is intricately woven into the …

Aid +

The Asian Development Bank, on Tuesday finalised plans to raise its lending assistance to Sri Lanka to US$ 700 million over the next three years. The …

Next Step

Pramuka Depositors warned of possible legal action for damages against Central Bank, KPMG Ford Rhodes & Thornton and the bank management, if …

Stable Mode

The Central Bank on Tuesday opted not to cut its key benchmark interest rates, buoyed by strong economic recovery and an influx of foreign …

Live Trades

Becoming the first in the South Asian region, Sri Lanka quote s inter-bank payment and settlement system went live on Monday, with Rs. 119 bn worth …

Work Out

A new army is being raised to fight a war off the battle field. Soldiers on hire, ready to fight for any side. Building on the limitation of Sri …

Law Vacuum

Top lawyers say that the passing in to law of the Consumer Affairs Authority bill has left a vacuum in the countrys laws on mergers and …

New Limits

The Central Bank on Friday revised the limits on the daily foreign exchange net open positions (NOP) of commercial banks starting from September 1. …