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

BPM – finance and accounting: Sri Lankan perspective

18 January 2017

Overview  BPM or Business Process Management, FAO or Finance Accounting Outsourcing, and HRO or Human Resource Outsourcing are a few of the acronyms that getbandiedabout in relation to the Outsourcing industry. The potenti...


How has the drought affected retailers and farmers in Sri Lanka?

18 January 2017

In Sri Lanka, drought is looming into a larger issue as one-third of the population is engaged in agriculture-related activities. According to the Department of Agriculture, 1.8 million farming households across the island are engaged i...


Fighters with no arms, no legs

17 January 2017

    Lessons they teach all of us Life without limbs yet without limits; changing obstacles into opportunities. The only person keeping us from reaching our full potential is our own self as False Evide...


CTF report and the Raviraj case judgement

17 January 2017

    The Report of the Consultation Task Force on Reconciliation Mechanisms was handed over to former President Chandrika Kumaratunga by Task Force Chairperson Manouri Muttetuwegama on 3 January.  The Consultation T...


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