Fortune

DFCC Bank offers special loan scheme for self-employed

/ Tuesday, 9 September 2014 01:14

The Central Bank of Sri Lanka recently appointed DFCC Bank as one of the Participating Financial Institutions to offer loans under the Self Employment...


Senkadagala Finance acquires Newest Capital for Rs. 300 m

/ Tuesday, 9 September 2014 01:13

Under the Financial Sector Consolidation Scheme of the Central Bank of Sri Lanka, Senkadagala Finance PLC, a registered finance company, has been give...


Union Bank opens 61st branch in Akuressa

/ Tuesday, 9 September 2014 01:12

Union Bank of Colombo PLC declared opened its 61st branch in Akuressa recently. The new branch is located at 50A, D. C Vanigasekara Mawatha, Akuressa....


Asian Alliance Insurance launches latest branch in Ja-ela

/ Tuesday, 9 September 2014 01:11

Asian Alliance Insurance PLC announced the opening of its latest branch in Ja-ela recently with the objective of serving the general insurance needs o...


People’s Bank further reduces interest rates on gold pawning

/ Tuesday, 9 September 2014 01:09

As a leading contender in Sri Lanka’s pawning services arena, People’s Bank has further reduced its interest rate on gold pawning. In a statement...


Fitch downgrades John Keells Holdings to ‘AA+’ from AAA

/ Tuesday, 9 September 2014 01:04

Fitch Ratings has downgraded John Keells Holdings PLC’s (JKH) National Long-Term Rating to ‘AA+(lka)’ from ‘AAA(lka)’. The Outlook is Stabl...


People’s Mobile Banking facility extended to Sri Lankan migrants

/ Monday, 31 March 2014 00:00

The pioneering State bank, People’s Bank joined hands with Mobitel to offer all Sri Lankan migrants the facility of enrolling in the People’s Mobi...


Will Geneva act against Bourse?

/ Monday, 31 March 2014 00:00

By First Capital Equities Research In a sign of further intensification of political pressures on Sri Lanka, the US-sponsored resolution on Sri Lanka...


NDB makes home financing more affordable

/ Monday, 31 March 2014 00:00

The satisfaction of a place you can call your own is priceless. There are many financial and personal reasons why you would want your own home rather ...


Avurudu ‘Ganu Denu’ with Nations Trust Bank

/ Monday, 31 March 2014 00:00

As Sri Lankans get ready to celebrate the Sinhala and Tamil New Year, Nations Trust Bank will launch an Avurudu Campaign from 1 April to 30 April acro...


President opens People’s Bank Piliyandala branch new building

/ Monday, 31 March 2014 00:00

The new three storied building of the People’s Bank Piliyandala Town branch was recently opened by President Mahinda Rajapaksa. The branch is equipp...


CRIB to increase access to finance through STR

/ Monday, 31 March 2014 00:00

Access to finance is one of the biggest challenges faced by SMEs. Apparently more than 40% of SMEs have ceased to operate during the last 10 years. SM...


Kudos for Commercial Bank from Vignarajah

/ Monday, 31 March 2014 00:00

Good governance activist K.C. Vignarajah has showered praise on Commercial Bank its Chairman and its Board of Directors for what he described as being...


Yield curve reflects mixed fortunes during the week

/ Monday, 31 March 2014 00:00

By Wealth Trust Securities The Treasury yield curve witnessed mixed fortunes during the week ending 28 March, as short tenor yields were seen increas...


Rupee steady despite importer dollar demand

/ Friday, 28 March 2014 00:00

REUTERS: The rupee ended unchanged on Thursday despite importer dollar demand as dealers were reluctant to trade above the Rs. 130.70 level due to mor...


Secondary market bond yields dip following outcome of Bond auction

/ Friday, 28 March 2014 00:00

By Wealth Trust Securities The Treasury bond auctions conducted yesterday, the first in one month drew considerable interest recording impressive wei...


Bansei Royal Resorts debuts on Bourse

/ Friday, 28 March 2014 00:00

Bansei Royal Resorts Hikkaduwa Ltd. debuted on the Colombo Stock Exchange (CSE) yesterday, following a listing via introduction. Assigned BRR.N0000 an...


Rs. 1.9 b April bonanza for Ceylinco Life policyholders

/ Friday, 28 March 2014 00:00

More than 342,000 policyholders of Ceylinco Life will have an extra reason to celebrate this April, with the life insurance leader’s announcement of...


NAMAL assets under management exceed Rs. 15 b

/ Friday, 28 March 2014 00:00

National Asset Management Ltd. (NAMAL) announced that Assets under Management surpassed Rs. 15 billion for the first time. “NAMAL is proud to have ...


Bourse at 5-week high; Softlogic transfer of NDB stake boosts turnover

/ Friday, 28 March 2014 00:00

REUTERS: Stocks rose on Thursday to their highest in more than five weeks led by telcos and diversified shares, with an inter-company deal in National...


Today's Columnists

SAITM and private medical schools: One bad start should not lead to throwing away a good idea

20 February 2017

Opposition to SAITM SAITM, the abbreviation for Sri Lanka's newest private university, South Asian Institute of Technology and Medicine (available at: http://www.saitm.edu.lk/), has been denoting a derogatory meaning in Sri Lankans' pres...


Delightfully imperfect?

18 February 2017

  A foreign national passing through the Colombo Private Bus Terminal on the day of a private bus strike  – Pic by Shehan Gunasekara     “Forty-year-old Mrs. Doreen Kulandivelu ...


Mother Lanka pregnant for the third time!

18 February 2017

A nattami carrying goods at Manning Market; the National Flag is seen on the wall in the background                                      &nbs...


Acting now for a better Sri Lanka

17 February 2017

Soldiers looking for survivors after a massive landslide in Aranayaka last year. The consequences of climate change will create a new pool of conflicts and will force people to survive and find a suitable way to live somewhere else – Pic by ...


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