Go India

National carrier, SriLankan Airlines is increasing its Indian frequency by to 77, by adding 11 more flights from October.National carrier, SriLankan Airlines is increasing its Indian frequency by to 77, by adding 11 more flights from October. Currently one of the biggest operators into India, SriLankan will add daily or more frequencies to nine of […]

Lifting The Veil

The Central Bank sent out a detailed statement justifying its reasons for winding up the failed Pramuka Savings & Development Bank. The Central Bank sent out a detailed statement justifying its reasons for winding up the failed Pramuka Savings & Development Bank. The bank suspended Pramuka’s licence two years ago, for alleged frauds and mounting […]

Shopper’s Dream

Standard Chartered Bank is offering zero interest rate instalment schemes on purchases made on its credit cards.“People usually have about two or three cards in their wallet, but we want to be the preferred card, when it comes to purchasing things as there is a lot of value addition,” says Vishnu Mohan, CEO Standard Chartered […]

‘s Dream

Standard Chartered Bank is offering zero interest rate instalment schemes on purchases made on its credit cards.“People usually have about two or three cards in their wallet, but we want to be the preferred card, when it comes to purchasing things as there is a lot of value addition,” says Vishnu Mohan, CEO Standard Chartered […]

Change Of Address

Pramuka Bank’s operations have been shifted to the Central Bank’s Staff Training Centre in Rajagiriya, freeing up precious millions to pay up depositors, the Central Bank said Thursday. Pramuka Bank’s operations have been shifted to the Central Bank’s Staff Training Centre in Rajagiriya, freeing up precious millions to pay up depositors, the Central Bank said […]

Behave!

Police behaviour is under fire again with yet another human rights group demanding greater disciplinary control over Sri Lanka’s 65,000 strong police force. Police behaviour is under fire again with yet another human rights group demanding greater disciplinary control over Sri Lanka’s 65,000 strong police force. A civil rights group called Janasandanaya is the latest […]

Sri Lanka Telecom hires Fitch and Standards &’s for an international rating

Triple A rated Sri Lanka Telecom has signed up for a rating with two top international agencies, Fitch Ratings of USA and Standards & Poor’s as it embarks on an overseas roadshow for its upcoming debt issue next month. Triple A rated Sri Lanka Telecom has signed up for a rating with two top international […]

Borrowed Feathers

The Chartered Institute of Management Accountants (CIMA) launched Sri Lanka’s first student loan scheme for professional education, as it takes strides to penetrate its reach further.The Chartered Institute of Management Accountants (CIMA) launched Sri Lanka’s first student loan scheme for professional education, as it takes strides to penetrate its reach further. CIMA students can now […]

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