Financial Services

Yield curve replicates parallel shift upwards for 2nd consecutive week

/ Tuesday, 24 May 2016 00:33

Policy rates held unchanged for a third consecutive week By Wealth Trust Securities The secondary bond market remained activ...


Monetary Board keeps policy rates unchanged

/ Tuesday, 24 May 2016 00:30

Private sector borrowing up 27.7% in February; broad money supply expansion slows to 18.9% from 19.8% Renewed foreign interest in...


GIH Capital and RIU launch Islamic Finance Country Report 2016 Sri Lanka

/ Tuesday, 24 May 2016 00:06

GIH Capital, in association with RIU has introduced the Islamic Finance Country Report 2016. The interest shown by a multitude of stakehol...


Fitch affirms Continental Insurance Lanka at ‘A’

/ Tuesday, 24 May 2016 00:04

Move commensurable with its capitalisation, market position and performance As the first insurance company to be assigned with a Natio...


FinanceAsia declares Commercial Bank Best Bank in Sri Lanka

/ Tuesday, 24 May 2016 00:03

Confers two prestigious awards – Country Award for 2016 and one-off Platinum Award for 2 decades of country-leading performance ...


Don’t impose taxes on financial instruments for they promote economic development

/ Tuesday, 24 May 2016 00:02

By R.M.B. Senanayake The late N.U. Jayawardene was well versed in both the theory and practice or applications of economic principles. Whenever a...


Taiwan to launch futures contracts for US, India benchmark indexes

/ Tuesday, 24 May 2016 00:01

Reuters: Taiwan will launch futures contracts for trading on the island of benchmark stock indexes from the US and India, a senior Taiwanese securi...


Vallibel Finance chooses technology innovator EPIC Lanka for its documentation solution.

/ Friday, 20 May 2016 00:00

(from left) Vallibel Finance Deputy General Manager Chaminda Jayawardena, Vallibel  Finance CEO Jayantha Rangamuwa, EPIC Technology Group Exec...


BOC ‘Mithuru Pola’ opens linkage for micro entrepreneurs to prospective markets

/ Friday, 20 May 2016 00:00

    In support of the Government’s poverty alleviation and enterprise development strategy the Bank of Ceylon has o...


Amana Takaful Life outperforms industry with impressive 3 5% GWP growth in 2015

/ Friday, 20 May 2016 00:00

Amana Takaful Life Limited (ATLL) has concluded its first complete financial year post-segregation on a high note, outperforming the local life ins...


Stock market falls to over one-week low amid foreign outflows

/ Friday, 20 May 2016 00:00

  Reuters: Shares fell on Thursday to an over one-week low, led by heavyweights amid foreign selling along with sluggish busi...


Primary market rates continue to increase

/ Friday, 20 May 2016 00:00

    By Wealth Trust Securities The weighted averages on the Treasury bond maturities of 15.11.2018, 01.05.2020 and 01.0...


CB expected to keep policy rates steady

/ Thursday, 19 May 2016 00:28

Reuters - Sri Lanka’s central bank is expected to keep its key interest rates steady for a third straight month on Friday, a Reuters poll sho...


HDFC Bank teams up with NEDA for SME development

/ Thursday, 19 May 2016 00:28

HDFC Bank General Manager/CEO Upali Hettiarachchi and the NEDA Chairman/Director General Omar Kamil shake hands after signing of the MoU i...


Weekly averages continue to increase ahead of bond auctions

/ Thursday, 19 May 2016 00:27

 By Wealth Trust Securities The weighted average on the 364 day bill was seen increasing to a seven week high of 10.48% at its weekly Treasu...


Aravinda Perera honoured with ‘The CEO Leadership Achievement Award 2016’

/ Thursday, 19 May 2016 00:25

Sampath Bank’s Managing Director Aravinda Perera was honoured with the CEO Leadership Achievement Award 2016 at the Asian Banker Leadership A...


Stock market edges up; block trades boost turnover

/ Thursday, 19 May 2016 00:23

Reuters - Sri Lankan shares edged up on Wednesday, led by large caps on strong buying by foreign investors, while some large block trades by high n...


Rupee forwards end steady amid CB moral suasion

/ Thursday, 19 May 2016 00:22

Reuters - Sri Lankan rupee forwards ended steady on Wednesday as dealers were reluctant to trade at levels lower than 147.00 due to moral suasion b...


HNB Assurance Sales Convention 2015: An evening of celebration

/ Thursday, 19 May 2016 00:00

From left: U. K. K. C. Silva – Best Sales Person, Rose Cooray – Chairperson, Niranjan Manickam – Acting CEO, Prasantha F...


Asian Alliance Life Sales Advisors get ‘eAdvisor’ innovation

/ Thursday, 19 May 2016 00:00

Asian Alliance Insurance DGM Life Operations – Lasitha Wimalaratne and DGM IT – Amal Dharmapriya presenting an ‘eAdvisor’ t...


Today's Columnists

Coming out of the economic crisis: Time is running out for Sri Lanka

24 May 2016

For Sri Lanka to attain its goal, it is of utmost importance to consolidate the budget which has gone out of control due to falling revenue and soaring expenditure   Crisis manifesting as a foreign exchange shortage Sr...


Authentic leaders: Are they here?

24 May 2016

Perhaps the natural disaster we are currently facing could be a wakeup call for managers and administrators at all levels alike to think and act like authentic leaders     Overview We still bear the bru...


Decision to decide against the tea hub

24 May 2016

The tea plant was brought into the country by the British in 1824 for non-commercial purposes and later developed to be a key export commodity out of (Ceylon) Sri Lanka. Today Sri Lanka is the world’s fourth largest producer of tea and expor...


Disaster risk reduction, empathy and message design

21 May 2016

On 14 May I retweeted a satellite image of a weather system over Sri Lanka.  The tweet said “WEATHER ALERT - Severe rain over #LK will continue for next 24/48hrs. Public cautioned over flash floods & landslides.”  The ha...


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