Financial Services

Secondary market bond yields continue to increase ahead of weekly auction

/ Wednesday, 27 July 2016 00:00

By Wealth Trust Securities The continued selling interest, mainly on the belly end of the yield curve for a fifth consecutive day, saw secondary ...


Gifts for August babies from Bank of Ceylon in celebration of 77th anniversary

/ Wednesday, 27 July 2016 00:00

In celebration of the bank’s 77th anniversary, Bankers to Nation – Bank of Ceylon will gift babies born in the month of August 2016 wit...


IFAC forum calls for outcome-focused regulation and regular reviews

/ Wednesday, 27 July 2016 00:00

Almost a decade after the global financial crisis, more than 50 thought leaders from across the public, private, and academic communities called fo...


IFC, Sampath Bank boost trade finance for small businesses in Sri Lanka

/ Tuesday, 26 July 2016 00:07

IFC, a member of the World Bank Group, is partnering with Sampath Bank PLC to provide trade financing for Sri Lankan exporters to help them access ...


HSBC Premier announces tie-up with Cinnamon Life

/ Tuesday, 26 July 2016 00:06

Cinnamon Life, an iconic mixed development project by the John Keells Group, announced a tie-up with HSBC Premier, where Premier customers can obta...


Commercial Credit first finance company to join LankaPay Common ATM Network

/ Tuesday, 26 July 2016 00:05

Commercial Credit & Finance PLC in a groundbreaking initiative towards enhancing customer convenience recently joined the LankaPay Common ATM N...


Secondary market bond yields increase across the curve

/ Tuesday, 26 July 2016 00:04

By Wealth Trust Securities The secondary bond markets remained active yesterday as yields were seen increasing across the yield curve mainly on t...


Asian Alliance Insurance recognised by IATA-AASL for contribution to members

/ Tuesday, 26 July 2016 00:03

For its commitment and contribution to its members, Asian Alliance Insurance PLC has been recognised by the International Air Transportation Associ...


‘People’s Bank Foreign Remittance Gold Fortune 2016’ sees completion of 4th draw

/ Tuesday, 26 July 2016 00:02

People’s Bank Foreign Remittance Gold Fortune 2016 recently saw the completion of its 4th draw, announcing  M. G. D. Ranil Kumara of the...


Ceylinco General Insurance introduces comprehensive natural disaster cover for traders and homes

/ Tuesday, 26 July 2016 00:01

Ceylinco General Insurance announced recently a comprehensive Natural Disaster Cover for Traders and Homeowners, enabling traders to cover their pr...


Amãna Bank powers inaugural Islamic Finance Forum of South Asia

/ Monday, 25 July 2016 00:00

With an objective of promoting the growing non-interest based Islamic banking and finance industry in Sri Lanka and the region, Amãna Bank h...


BOC excels at Excellence in Integrated Reporting Awards 2016

/ Monday, 25 July 2016 00:00

BOC Assistant General Manager (Budget and Strategic Planning and MIS) Vipula Jayabahu receiving the award from Finance Minister Ravi Karunanayake w...


People’s Bank opens milestone 500th ATM at Military Hospital, Narahenpita

/ Monday, 25 July 2016 00:00

People’s Bank CEO/General Manager N. Vasantha Kumar and Army Health Services Director General Major General S.H. Munasinghe declare ...


Foreign buying in to rupee bonds peak; Week on week increase of Rs. 19 b

/ Monday, 25 July 2016 00:00

By Wealth Trust Securities The foreign buying in to rupee bonds for the week ending 20 July, peaked to a two-year high of Rs. 19 billion on a we...


Top Indian professional to address money laundering seminar

/ Monday, 25 July 2016 00:00

Fintelekt CEO Shirish Pathak will make a presentation that will cover the evolution of FIU India from its establishment 12 years ago until today, t...


UB Finance performs strongly in challenging operating environment

/ Monday, 25 July 2016 00:00

UB Finance’s 2015/16 results have highlighted an impressive growth reflecting the development initiatives undertaken by the company ...


Emerging market debt triples since 2005, posing threat, Moody’s says

/ Monday, 25 July 2016 00:00

LONDON (Reuters) - Developing countries have nearly tripled their external debt over the past decade, outpacing economic growth and increases in fo...


Asian shares at 9-month highs as oil prices, Fed hike views strengthen

/ Friday, 22 July 2016 00:00

Reuters: Asian stocks climbed to nine-month highs on Thursday, helped by a recovery in global oil prices, while the dollar strengthened against the...


NDB Wealth picks winner for ‘Share Your Savings Stories’ online competition

/ Friday, 22 July 2016 00:00

NDB Wealth team with online competition winner Prasanthika Gayani De Mel from Homagama Retired Commissioned Officer (Katunayake Internation...


Union Assurance relocates Nikaweratiya Regional Office, offering better service to customers

/ Friday, 22 July 2016 00:00

Assistant General Manager (Marketing and Distribution)Dharshana Amarasiynghe, Head of Sales (Cluster 03)Parakrama Embogama, Zonal Manager (North We...


Today's Columnists

Sustainability now: The waste challenge

27 July 2016

Shifting waste from one place to another is no solution; nor is burning it in the backyard. The moment waste is understood as resource, a multitude of solutions are already available to develop a waste free Sri Lanka   ...


Elephant-human conflict, the most crucial issue not even identified

27 July 2016

Since 1950, a minimum of 4,200 elephants have perished in the wild as a direct result of the conflict between man and elephant in Sri Lanka. During the last 12 years, a total of 1,464 elephants were killed, along with 672 humans &...


Let us say ‘Black July: Never again’ through the right electoral system

27 July 2016

    The challenge in constitutional reforms is to have the long-term goal of a Sri Lankan identity, while giving the space for identity politics in the short term and convincing the Sinhala majority the necessity for doing s...


Kilinochchi: The forgotten city of today!

26 July 2016

I still remember travelling in an armed car on route to Kilinochchi and then taking an Air Force chopper that hugged a railway track to avoid sniper attacks way back in 2007-2009. At that time Kilinochchi was making headline news daily, given that...


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