Financial Services

CIMA discussion forum on integrated reporting on 6 October

/ Wednesday, 28 September 2016 00:01

CIMA Sri Lanka will be hosting a breakfast forum on integrated reporting themed ‘Towards Better Reporting’ exclusively designed for sus...


Stock market ends at 2-week closing high; blue chips lead

/ Wednesday, 28 September 2016 00:01

Reuters - Sri Lankan stocks ended slightly firmer on Tuesday to a two-week closing high led by blue chips, amid foreign outflows and tax hike conce...


Fitch rates DFCC Bank’s Rs. 7 b debentures ‘A+ ( EXP)’

/ Wednesday, 28 September 2016 00:01

Fitch Ratings has assigned DFCC Bank PLC’s (DFCC; AA-(lka)/Negative) proposed subordinated debentures of up to Rs. 7 billion an expected Nati...


Stock market ends flat amid foreign outflows

/ Tuesday, 27 September 2016 00:05

Reuters:  Stocks ended steady on Monday, as gains in financial shares were offset by losses in consumer staples, amid foreign outflow...


CDB well-positioned to provide Islamic financial expertise to diverse segments

/ Tuesday, 27 September 2016 00:04

Having driven its commitment unwaveringly to provide innovative and attractive financial solutions to diverse customer segments diligently, Citizen...


CB to stand pat this week, assessing impact of previous hikes

/ Tuesday, 27 September 2016 00:03

Policy rates last raised in July in a surprise move Credit growth still higher despite early tightening measures Policy ...


Secondary bond market remains active as downward trend persists

/ Tuesday, 27 September 2016 00:02

By Wealth Trust Securities The secondary bond market continued to remain active yesterday as yields were seen declining for a second consecutive ...


Rupee slips on seasonal importer dollar demand

/ Tuesday, 27 September 2016 00:01

Reuters:  The rupee ended weaker on Monday as seasonal demand for dollars from importers exceeded sales by exporters and banks, dealers said. ...


CFA delivering investment skills that promote investor confidence

/ Monday, 26 September 2016 00:01

No credential is as widely regarded in the global financial industry for its rigorous focus on current investment knowledge, analytical skill, and ...


COMBank Board gets new IFC nominee

/ Monday, 26 September 2016 00:01

The International Finance Corporation (IFC) has appointed its Global Head, Financial Innovation Giriraj Sinh Jadeja to the Board of Commercial Bank...


SAFA to assist Maldives to set up Professional Accounting Body

/ Monday, 26 September 2016 00:01

Prof. Lakshman R. Watawala making a presentation of the CMA journal to the Auditor General of Maldives Hassan Ziyath at the meeting with t...


Tomorrow’s transactions: Driving the growth of digital payments in Sri Lanka

/ Monday, 26 September 2016 00:01

From Left: Jonathan Alles, Dharmasiri Kumaratunga, Anthony Watson, Priyantha Talwatte and Roshantha Jayatunga With the emergence o...


ACCA elects new chairman member network panel for 2016/2017

/ Monday, 26 September 2016 00:01

The newly elected Executive Committee of ACCA Sri Lanka for the year 2016/2017 with ACCA Sri Lanka Head Nilusha Ranasinghe and Business De...


CIMA organises Tax Update on Recent Developments in the tax arena

/ Monday, 26 September 2016 00:01

The Chartered Institute of Management Accountants (CIMA) Sri Lanka has organised a seminar titled “Tax Update – Recent Development on V...


Memories of Malaysia for AIA customers

/ Monday, 26 September 2016 00:01

AIA customers at the Petronas Towers AIA believes in making real life better for its customers. So whether you are a first-time to...


Bond yields fluctuate during the week on back of substantial activity

/ Monday, 26 September 2016 00:01

By Wealth Trust Securities Activity in secondary bond markets increased considerably towards the latter part of the week, mainly on F...


New look for SDB Bank

/ Friday, 23 September 2016 00:10

SDB Bank Chairperson Samadanie Kiriwandeniya launches the bank’s new logo as (from left) SDB Bank Head of Finance Terrance Kumara, SDB Bank C...


Fitch affirms Abans at ‘BBB+(lka); Outlook Stable

/ Friday, 23 September 2016 00:02

Fitch Ratings has affirmed Sri Lanka-based retailer Abans PLC’s National Long-Term Rating at ‘BBB+(lka)’ with a Stable outlook. F...


Short tenor yields edge up marginally

/ Friday, 23 September 2016 00:01

By Wealth Trust Securities The secondary bond market witnessed mixed fortunes yesterday, as yields on the short end of the curve increased margin...


Fitch affirms Alliance Finance Company’s Rating at ‘BB+(lka)’

/ Friday, 23 September 2016 00:01

Fitch Ratings Lanka has affirmed Alliance Finance Company PLC’s (AFC) National Long-Term Rating at ‘BB+(lka)’ with a Stable Outlo...


Today's Columnists

Bringing up the bodies – again

28 September 2016

One government cruelly executes bothersome editors acting as the gadfly conscience of a war-wracked country. Another government carefully – or is it carelessly – exhumes the body. Feels like we have watched the procession of a...


Strategic approach towards banking the unbanked persons in Sri Lanka

28 September 2016

  Financial inclusion has drawn the heightened attention of policy making authorities worldwide. This should also be a vital element in policy architecture for the financial sector in Sri Lanka. Hence, identifying key attributes for ...


STP In action: Philippines tourism

27 September 2016

Given the celebration of tourism week, it is interesting to study the different practices of countries in driving tourism strategy. One case study which emerged showing a destination which drove the basics of business - Segmentation, Targeting and...


Top 5 new racists in Sri Lanka

27 September 2016

Lankan politicians believe they deserve to be treated as royalty simply because they got the people’s vote   When asked from Morgan Freeman (not Nelson Mandela) “how are we going to get rid of racism?” he ans...


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