All News

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 …

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 …

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 …

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 …

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. …

Investor Surge

Malaysian investment volumes of Rs. 2.5 bn are projected to grow by 100 percent after successful investment promos in Kuala Lumpur recently, the …

Lease of Life

Kandy Hotels Company is finalising its lease agreement with leisure magnate Adrian Zechas Aman Resorts, to take over management of its Queens and …

Sweet Music

Telecom operator Suntel has posted a 451 percent growth in net profits for the first six months of this year, largely aided by a gradual drop in …

Spruced Up

Hoteliers in once conflict areas of the north and east can apply for low cost funding of up to Rs. 50 mn to refurbish properties damaged at the …