Financial Services

NSB re-launches flagship product Sthree Savings Account for striving women of Sri Lanka

/ Tuesday, 24 January 2017 00:07

The premier savings bank in the country, National Savings Bank (NSB) has re-launched its flagship product Sthree Savings Account which lends a help...


InsureMe.lk: Sri Lanka’s first insurance comparison website

/ Tuesday, 24 January 2017 00:06

Insurance made easy with InsureMe ​InsureMe Insurance Brokers Ltd. will be launching Sri Lanka’s first insurance compar...


DFCC Bank to offer greater convenience to business community in Pettah

/ Tuesday, 24 January 2017 00:04

DFCC Bank recently opened a fully-fledged branch in Pettah located at No 143, Main Street, Colombo 11. The inauguration witnessed the coming togeth...


Secondary bond market comes to a standstill

/ Tuesday, 24 January 2017 00:03

By Wealth Trust Securities Activity in the secondary bond market dried up once again yesterday, with only a limited amount of quotes being seen. ...


With Pan Asia Bank housing loans, building a house is not a dream anymore

/ Tuesday, 24 January 2017 00:02

In a bid to meet the rapidly increasing demand and varying requirements of customers, Pan Asia Bank, has been augmenting its popular housing loan p...


Swiss Re receives branch license to sell reinsurance in India

/ Tuesday, 24 January 2017 00:02

Reuters: Swiss Re has obtained regulatory approval to open a branch in India, the world’s second largest reinsurer said on Monday, part of th...


Stock market down to near 2-week low

/ Tuesday, 24 January 2017 00:01

Reuters: stocks closed at their lowest in nearly two weeks on Monday led by diversified shares as concerns about rising interest rates and the ongo...


Commercial Bank raises remittance stakes with ‘Gedarata Thégi’

/ Monday, 23 January 2017 00:24

Commercial Bank Deputy General Manager Personal Banking Sandra Walgama (left) and members of the bank’s corporate and senior managem...


Upward momentum in secondary market bond yields continue

/ Monday, 23 January 2017 00:23

By Wealth Trust Securities The secondary bond market ending 20 January witnessed a week of volatility as yields were seen decreasing at the begin...


NDB Balance Transfer at minimum of 2.5%

/ Monday, 23 January 2017 00:21

Credit cards have now become a common mode of transaction for many and are becoming increasingly dependent on more than one credit card. T...


Harris Premaratne joins Pan Asia Bank board

/ Monday, 23 January 2017 00:20

Veteran banker Harris Premaratne has been appointed to the Board of Pan Asia Banking Corporation as a Non-Executive Independent Director. Premara...


IBSL lists 3 unregulated entities

/ Monday, 23 January 2017 00:20

The Insurance Board of Sri Lanka (IBSL), the regulator of the insurance industry in a statement clarified that in terms of the Regulation of Insura...


Harsha keynote speaker at Standard Chartered’s Global Research Briefing 2017

/ Monday, 23 January 2017 00:19

Deputy Minister of Foreign Affairs Harsha de Silva, MP, will be the keynote speaker of Standard Chartered’s Global Research Briefing 2017 exc...


Lloyd’s of London says India reinsurance branch to open by April

/ Friday, 20 January 2017 00:00

Reuters: Lloyd’s of London said on Thursday it received final regulatory approval for its reinsurance branch in India and will open in time f...


Bourse slips to more than 1-week closing low

/ Friday, 20 January 2017 00:00

Reuters: Stocks hit a more than one-week closing low on Thursday, falling for a fourth straight session, as uncertainty over foreign investments an...


HSBC Premier Customers prepare for star-studded night at 59th GRAMMY Awards in LA

/ Friday, 20 January 2017 00:00

The winners Ranil De Silva and Shalika Samayadasa with HSBC Sri Lanka and Maldives CEO Mark Prothero, Mastercard Country Manager for Sri Lanka and ...


The year of the ‘pivot’?

/ Friday, 20 January 2017 00:00

By Steve Brice For the global economy and markets, the start of 2017 couldn’t have been more different from a year ago. Business confidence...


Citi helping grow SL innovation

/ Friday, 20 January 2017 00:00

By Madushka Balasuriya Sri Lanka is on the cusp of an explosion in innovation, and legacy brands and companies need to prepare for a shift in the...


Foreign selling drives up bond yields once again

/ Friday, 20 January 2017 00:00

By Wealth Trust Securities Secondary market bond yields were seen edging up once again yesterday mainly on the short end to the belly of the yiel...


CLC Savings Accounts now offers mobile reloads and bill payments through ‘CLC online’

/ Friday, 20 January 2017 00:00

Commercial Leasing and Finance PLC (CLC) takes another step in the journey towards providing optimal customer convenience and satisfaction in the e...


Today's Columnists

Sri Lanka ready to ride the global tourism trends in 2017?

24 January 2017

Strictly from a demand perspective, whilst Sri Lanka crossed the two million visitor arrivals, from a supply chain terrain, new properties coming into fray with brands like Anantara, RIU, Movenpick and very soon Shangri-La is encouraging for Sri L...


Too clever by three quarters on bonds

24 January 2017

‘Monk’s petition on eve of bond debate in House’ was the caption of a front page story in the Sunday Times of 22 January. The UNP has sent their emissary to Hulftsdorp together with footnotes. There is a palpable air of duplicity...


Steamrolling of Central Bank by Minister of Finance: An unsavoury development?

23 January 2017

An unsavoury rift between the Central Bank and Minister of Finance A growing rift between Finance Minister Ravi Karunanayake and the senior management of the Central Bank is surfacing now, worrying both financial markets and prospective fo...


Sustainability: How that translates to agriculture

23 January 2017

Once cultivated, traditional paddy that is grown organically will establish its own markets based on the consumer demand   For the longest time the word “sustainable agriculture” was a catch phrase only. I...


Columnists More