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AMC Bite

An asset management company primarily created to take over half the dud loans of Peoples Bank will come with a bite that is stronger than the bark.According to …

Firm Hand

All financial services are being pulled out from under the new Consumer Affairs Authority, with a financial ombudsman being floated to take up consumer …

Top Brews

A high powered Sri Lankan team will lobby Russian authorities for more favourable tariffs for local value added tea exports. The team headed by Minister of …

Friendly Chat

The Central Bank said told Supreme Court on Monday they will meet bankers and other potential investors of Pramuka this week, to give effect to an Appeals …

Aye for an eye

Government is planning to set up powerful Parliamentary committees to act as watchdogs on State institutions.The special committees will include committees to …

An Act For Audits

The top Government Auditors job is to be made independent with the enactment of a new Law, which will also give the department wide ranging powers.The Auditor …

Hurdles in Law

The private sector is calling for a new law to facilitate asset securitisation transactions in the country and a high-powered financial reforms committee is …