Financial Services

LB Finance brings next level of customer interaction with launch of LB GiftStore

/ Thursday, 30 March 2017 00:23

    In a bid to strengthen their customer relationship further, LB Finance – a leading leasing solutions provider i...


Rupee ends higher on exporter dollar sales

/ Thursday, 30 March 2017 00:22

Reuters: The rupee ended firmer on Wednesday, helped by exporter dollar sales and inward remittances but importer demand for the greenback from a s...


Seylan Bank celebrates 29th anniversary

/ Thursday, 30 March 2017 00:21

A special ceremony was held at the Seylan Bank head office on the 28 March to celebrate its 29th anniversary. The event was graced by Chai...


Asia stocks gains with dollar, sterling hit by Brexit woes

/ Thursday, 30 March 2017 00:21

Reuters: Asian shares inched ahead on Wednesday while the dollar and commodities rallied as investors shook off disappointment about U.S. President...


People’s Bank Marandagahamula Branch relocates

/ Thursday, 30 March 2017 00:20

  The new two-storey building and Self Banking Unit of People’s Bank Marandagahamula Branch was declared open by People...


Hunting unicorns, Singapore Exchange turns to dual share system

/ Thursday, 30 March 2017 00:15

SINGAPORE (Reuters): Singapore’s plans to become the first Asian bourse to allow dual class share listings is catching the attention of tech ...


CSE and Sydney Stock Exchange move to improve capital market ties

/ Thursday, 30 March 2017 00:00

CSE Chairman Mr. Vajira Kulatilaka (seated left) and SSX CEO Tony Sacre at the signing ceremony. Others from left: CSE Director Anton Godfrey, CSE ...


Primary market rates continue to increase

/ Thursday, 30 March 2017 00:00

    By Wealth Trust Securities The weighted averages at yesterday’s weekly Treasury bill auction increased across...


HNB celebrates opening of new Student Savings Unit at St. Joseph’s College, Colombo

/ Wednesday, 29 March 2017 01:11

St. Joseph’s College, Colombo Rector Rev. Fr. Travis Gabriel and HNB Managing Director/CEO Jonathan Alles opening the new Student Sa...


NDB Kiribathgoda Branch relocated to serve you better

/ Wednesday, 29 March 2017 01:10

From left: NDB Branch Network Management Vice President SanjayaPerera, NDB Director/CEO Dimantha Seneviratne, NDB Kiribathgoda Branch Mana...


‘BOC Triple Wasi’ Draw concludes raising 125 lucky winners around the country

/ Wednesday, 29 March 2017 01:09

(Left): The bank’s General Manager D.M. Gunasekera and Chief Financial Officer/DGM Russell Fonseka handing the winning cheque to a w...


Singer parent sheds more stake to boost liquidity

/ Wednesday, 29 March 2017 01:08

Singer Sri Lanka’s parent has shed a further stake of 8% to broaden shareholding and boost liquidity of its shares. The company said its pa...


RIL Property IPO Investor Forum ends on a high note

/ Wednesday, 29 March 2017 01:08

Commercial Bank of Ceylon Senior Manager, Capital Markets Duminda De Silva addressing the gathering RIL Property Ltd., a lead...


Secondary market bond yields continue to decrease ahead of weekly bill auction

/ Wednesday, 29 March 2017 01:06

By Wealth Trust Securities Secondary market bond yields continued to decrease for a fifth consecutive day, with buying interest of the liquid mat...


Bank of England to check banks ready for disorderly Brexit

/ Wednesday, 29 March 2017 00:08

BoE tells banks to brace for “range of outcomes” from Brexit BoE also launches probe into surging consumer lendi...


Global stocks, dollar recover as markets try to move past Trump’s policy stumble

/ Wednesday, 29 March 2017 00:07

Reuters: Asian stocks advanced on Tuesday after Wall Street stabilised and the dollar was steady, as anxiety over Donald Trump’s setback on h...


China Development Bank makes $290 b transport financing pledge

/ Wednesday, 29 March 2017 00:06

Shanghai (Reuters): China Development Bank (CDB) has agreed to provide China’s transport ministry with at least 2 trillion yuan ($290.38 bill...


Citigroup to seek bids for Asia general insurance distribution deal

/ Wednesday, 29 March 2017 00:04

Singapore (Reuters): Citigroup Inc will seek bids from global insurers keen to sell general insurance products across the bank’s Asia-Pacific...


Dubai’s DFSA regulates first peer to peer lender

/ Wednesday, 29 March 2017 00:03

DUBAI (Reuters): Dubai-based Beehive said recently it had become the first peer-to-peer lender to become regulated by the Dubai Financial Services ...


Qatar wealth fund to open office in Silicon Valley

/ Wednesday, 29 March 2017 00:02

LONDON (Reuters): The Qatar Investment Authority, the Gulf Arab state’s acquisitive sovereign wealth fund, is setting up an office in San Fra...


Today's Columnists

Plastic bags: So easy to substitute and so difficult to get rid of

30 March 2017

  Lately very encouraging news was published related to an increased number of countries and cities banning non-reusable plastic bags. Amongst them, Kenya and Delhi.  Currently Botswana, Eritrea, Kenya, Mauritania, Mor...


The political hypocrisy of President Maithripala Sirisena: Muslim IDPs tossed out

29 March 2017

President Maithripala Sirisena A Tamil saying goes thus: “Stealing the neighbour’s chicken for the mother’s almsgiving.”  President Sirisena in his total betrayal of the Muslims did just that with on...


The new technology revolution

29 March 2017

Japan, China, Singapore, Thailand and even India are automating industry at speed   By C. R. de Silva Current global developments Revolutionary changes in technology, following on the heels of globalisation, are c...


People management in a rapidly transforming business world

29 March 2017

It is well known that businesses have to constantly evolve to keep pace with the changes around them. The rise of digital technologies is disrupting the way we work and live. Technologies that didn’t exist till about a decade ago have now be...


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