Carbon Riches
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Buying Tickets
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Reserving Costs
Central Bank is seeking more flexibility to cut commercial bank quote s statutory reserve ratios in the future and also pay interest on reserves if it reaches …
Moving On
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Going Fishing
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Downgraded
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Dollar Hunt
Leading global investment banks have shown interest in raising 350 million dollars for the government in the international financial markets.The Central Bank, …
Taking Tension Out Of Pension
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Fresh Look
The Act will be brought in line Basle requirements and international best practices.rnrnThe Banking Law governs commercial and specialized banks.rnrnThe SEC …
Tinkering With Monetary Laws
The amended Monetary Law will refocus the Central Bank to key objectives of economic, price and the financial system stability.The Central Bank presently …
IDD Getting Cheaper
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Mega Zones Coming
The Industries Ministry says that roads dedicated for factories and associated infrastructure like housing and recreation would be set up all over the island. …
Raising Dollars
Around ten parties answered Central Banks call to raise up to US$ 350 million in medium term funds in the overseas market.rnrnCentral Bank officials say they …
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Smoke Screen
Cleaning up its bad boy image, Ceylon Tobacco Company (CTC) is sponsoring regional IT training centers to enrich rural youth with computer
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Banking On Locals
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Sri Lankas largest private bank, Hatton National Bank (HNB), said its debenture was oversubscribed by a little over Rs. 1 bn when the issue opened Tuesday. …