Oppositions MP Eran Wikramaratne has alleged that there is a bizarre situation in the implementation of the agreement with the International Monetary Fund, as …
IMF Managing Director Kristalina Georgieva says that it is now important for the authorities and creditors to make swift progress toward restoring debt …
Ceylinco Life policyholders received a mammoth Rs 18.9 billion in net claims and benefits in 2022, as the Company achieved its 19th consecutive year of market …
Seylan Bank recently announced the opening of an Indian Rupee (INR) Nostro account with Indian Bank, Mumbai. This development will allow importers and …
Even though the present government said no, the Samagi Jana Balawega emphasized from the beginning that this country needs some sort of agreement and financial …
First Capital maintains the domestic debt restructuring (DDR) probability at 20%, highlighting that the domestic debt restructuring probabilities stand low for …
HNB Deputy General Manager – Retail and SME Banking, Sanjay Wijemanne As more Sri Lankans face concerns over their personal financial security, and that …
Financial Institutions (FIs) have so far approved over 3.3 million requests for concessions, amounting to a total of Rs. 5,994 billion during the different …
The Sri Lanka Retailers’ Association (SLRA), the apex body of organised retail in Sri Lanka, recently concluded the annual Sri Lanka Retail Forum under the …
SJB alleges that it is a serious problem that the people have to take to the streets, as they have been burdened with heavy taxes while the working people have …
• The deficit in the merchandise trade account narrowed in January 2023, compared to a year ago. • Export earnings declined while import expenditure …
Income grows 71% to Rs 280.4 Bn. for the year and 94% to Rs 84.8 Bn. in Q4 Record impairment provisioning for the year – up 186% to Rs 71.9 Bn.; Rs …
The Sri Lanka Retail Forum (SLRF) 2023 conducted by the Sri Lanka Retailers Association (SLRA) on 1st March, 2023, will address many of the pressing challenges …
Total Assets touch Rs. 208 billion, up by 10% Customer deposit base reaches Rs. 162 billion, up by 11% Profit after tax for the year stood at Rs. 2 billion The …
The Colombo Stock Exchange (CSE) announces the amendment of Trading Rules on the Over the Counter (OTC) Platform, where Repurchase (REPO) transactions in …
With Australian companies increasingly eager to explore investment opportunities in Sri Lanka, trade and investment promotion and facilitation activities can …
France stands ready to support Sri Lanka in its efforts to restructure its debt, Ambassador for France His Excellency Jean-François Pactet announced at a …
Fitch Ratings has upgraded Bank of Ceylon’s (BOC) Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘CC’ from ‘RD’ …
DFCC Bank PLC, one of Sri Lanka’s most trusted banks and a leader in inward remittances, has partnered with Citizens Development Business Finance PLC …
The Commercial Bank of Ceylon has announced that it has opened an Indian Rupee denominated Nostro Account at the 116-year-old Indian Bank – Mumbai, to …