Tag: Business

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GENESIS OF A NEW ERA FOR SIYAPATHA FINANCE PLC

GENESIS OF A NEW ERA FOR SIYAPATHA FINANCE PLC

SLIM signs a Memorandum of Understanding (MoU) with SLASSCOM (Guarantee) Limited

SLIM signs a Memorandum of Understanding (MoU) with SLASSCOM (Guarantee) Limited

Downgrades and its impact on banks

The Daily FT reported on Monday that Fitch Ratings had downgraded Bank of Ceylon's (BOC) Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'CC', from...

Commercial banks at risk amid deficit of Rs. 455 billion

The commercial banks in Sri Lanka are suffering from a deficit of Rs. 455 billion, revealed former deputy Governor of the Central Bank of...

Private sector jointly expresses concern on currency shortage impact

Ten chambers of commerce and industry in a joint statement expressed serious concern over the impact of the foreign currency shortage in the country. The...

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Sri Lanka’s Biggest US Trade Mission Sparks Investment Optimism

Sri Lanka has launched its largest-ever corporate delegation to...

Renewable Power Firms Sound Alarm over Rs.10bn crisis

Sri Lanka’s renewable energy sector has warned of a...

Festive Welfare Payment Chaos Raises Administrative Competence Issues

The Government’s admission that duplicate Aswesuma welfare payments totaling...

PayPal finally arrives in Sri Lanka after Years of Delays and Debate

After years of uncertainty, stalled negotiations, and repeated public...

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