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New board brings new hopes for SriLankan

New director board hopes to return the airline to black within 3 years Currently studying restructuring... 


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Rate cut signals end to tightening bias: Central Bank

  By Indika Sakalasooriya  The 25 basis point lending policy rate cut announced yesterday... 


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FinMin puts bunching debt figure at US $ 15bn between 2019-2022

Headroom to tackle Sri Lanka’s worsening public debt situation appears to be disappearing as... 


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e-Roc makes registering a company one-day affair

Industry and Commerce Ministry Secretary Ranjith Asoka officially launches e-ROC digital platform in... 


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SEC to get tough on insider trading as new Bill widens scope

  From left: Suhadini Wickremasinghe, Senior Assistant Manager, Legal and Enforcement at the... 


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Dialog Axiata Digital Innovation Fund invests in Roar, InsureMe and MyDoctor.lk

Sri Lanka’s first venture fund to focus on digital startups, is managed by BOV Capital From... 


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Coca-Cola commits US $ 50mn to Sri Lanka over next 5 years

From left: Lakshan Madurasinghe-Country Public Affairs and Communication Manager, Coca-Cola Beverages... 


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Japan’s ORIX divests LOLC stake to Ishara for Rs.12.8bn

  By Indika Sakalasooriya  Japanese financial services major, ORIX Corporation, yesterday... 


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CB may go easy on capital if banks hit severely by IFRS 9

But says banks need to do proper estimate on impact on profits and capital Says can allow staggered... 


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German Industry and Commerce delegation in town

A visiting delegation of German Industry and Commerce had a preliminary meeting with Development... 


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