Cinnamon Life’s office tower to open in Q1 2020
Oct 03, 2019 (LBO) - John Keells Properties announced that Cinnamon Life projects office tower complex will officially open for business in early 2020. In May …
Oct 03, 2019 (LBO) - John Keells Properties announced that Cinnamon Life projects office tower complex will officially open for business in early 2020. In May …
Oct 03, 2019 (LBO) - Hatto National Bank was recognized as Sri Lanka’s strongest bank by balance sheet evaluation by the Asian Banker Magazine. “There are …
Oct 01, 2019 (LBO) – Sri Lanka's Central Bank says that the imposition of caps on lending rates of licensed banks would, in fact, be credit positive, …
Sep 27, 2019 (LBO) – Sri Lanka’s recent lending rate cut will compress banks' net interest margins (NIMs) and add to their existing profitability …
September 27, 2019 (LBO) - Economist Deshal de Mel has been appointed as an Independent Non-Executive Director to the board of Sampath Bank. De Mel perviously …
Sep 27, 2019 (LBO) - The monthly salary of all public servants will be increased by a minimum amount of 3000.00 rupees and, a maximum of 24,000.00 rupees per …
Sep 26, 2019 (LBO) - Sri Lanka's gross official reserves stood at US 8.3 billion dollars by end July 2019, equivalent to 4.9 months of imports, the Central …
Sep 26, 2019 (LBO) - The trade deficit widened in July 2019 as exports fell more than the decline in imports, new data shows. Export earnings recorded a …
Sep 25, 2019 (LBO) – The Monetary Board of the Central Bank has decided to withdraw the Monetary Law Act Order No. 01 of 2019 issued on 26 April 2019 …
Sep 24, 2019 (LBO) – Monetary Board of the Central Bank has decided to order the Licensed Banks to reduce interest rates applicable on all rupee-denominated …
Sep 20, 2019 (LBO) - The Finance Ministry has made arrangments to reach the people and conduct Enterprise Sri Lanka mobile service island-wide in order to …
Sep 19, 2019 (LBO) – Monetary Board of the Central Bank of Sri Lanka has decided to provide Sinhaputhra Finance with an opportunity to implement the proposed …
Sep 19, 2019 (LBO) – Sri Lanka's Monetary Board of the Central Bank has decided to cancel the licence issued to TKS Finance Limited (TKSF) to carry on …
Sep 19, 2019 (LBO) - Sri Lanka's Gross Domestic Product (GDP) growth rate for the second quarter of 2019 has been estimated as 1.6 percent, a new report said. …
Sep 18, 2019 (LBO) - Sri Lanka's Prime Minister Ranil Wickremesinghe says the government's plans to put the island on a leapfrog trajectory to growth so that …
Sep 18, 2019 (LBO) – Sri Lanka’s troubled The Finance Company is to call Expressions of Interest (EOIs) from potential investors and to request such …
Sep 17, 2019 (LBO) - The Sri Lanka Economic Summit (SLES) 2019 themed on Re-calibrating Sri Lanka’s Economic Trajectory Towards 2025, to guide Sri Lanka’s …
Fitch Ratings has affirmed Sri Lanka-based Hatton National Bank PLC's (HNB) National Long-Term Rating at 'AA-(lka)'. The Outlook is Stable. At the same time, …
Sep 05, 2019 (LBO) - As an initiative to facilitate the renewal of licenses much faster which is an annual requirement and to deliver enhanced satisfaction to …
Sep 03, 2019 (LBO) - Sri Lanka’s Union Bank said that it was in discussions with identified investor/s to explore strategic options for its subsidiary, UB …