Sri Lanka News Explorer
Last 7 Days
Older News
- Older than 2023-Dec (1076)
Narrow by Category
- Business (1076)
Countries have achieved sustained growth and development by adopting a range of approaches. Successful outcomes have come from policies varying from state capitalism to those based on market-driven private sector-oriented models. A high premium needs to be attached to the pursuit of pragmatic policies that are appropriate for country-specific conditions at a given point in ...
- More private sector investments key for higher growth – ADB (Category: Business)
- Government and UNDP map out SDG investment for private sector to support recovery (Category: Breaking News)
- Plug the leaks (Category: Business)
- Govt. on right course, private sector must adapt and grow: Dr. P.B. (Category: Business)
The Asian Development Bank (ADB) is lending $ 130 million to help Sri Lanka expand the reach and quality of its electricity supply, with a focus on former conflict areas in the north and east of the country. It will also improve transmission and distribution network efficiency and develop renewable energy in other parts of ...
- ADB’s South Asia head meets Basil (Category: Business)
- $ 130 Mn. For Power (Category: Breaking News)
- ADB lends $130 mn to upgrade power supply (Category: Business)
- ADB’s new Sri Lanka partnership to target inclusive growth (Category: Business)
Confirming that sound investment strategies could pay off handsomely NDB Group yesterday announced it will receive $ 59 million (around Rs. 7.7 billion at current exchange rate) from its deal with AIA. “The net receipts of US$ 59 m, arising out of these transactions, give an opportunity for the NDB Group to further strengthen the ...
- Ayubowan AIA (Category: Business)
- Sri Lanka’s AVIVA Insurance acquired by AIA Group (Category: Breaking News)
- NDB launches full service investment banking operations (Category: Business)
- Aviva adds Sri Lanka, S. Korea, Malaysia to Asia exit list: Report (Category: Business)
Etisalat Sri Lanka has partnered with Commercial Bank to introduce mobile banking via USSD (Unstructured Supplementary Service Data) technology, a global system for mobile communication used to send a text between a mobile phone and an application program in a network. Etisalat users can now enjoy the convenience of conducting their banking activities with Commercial ...
- Mobile Banking (Category: Business)
- Pocket Money (Category: Business)
- Commercial Bank expands country’s largest ATM network to 500 (Category: Business)
The location of Sri Lanka has a strategic significance and this has been proven by the historical trading activities between Sri Lanka and ancient China, Egypt, and the Roman Empire. There is ample evidence to show that Sri Lanka was a main trading hub in Asia. The reasons for occupation of Sri Lanka by the ...
- Accelerating inclusive growth: The role of the external sector (Category: Business)
- Sri Lanka to revive FTA talks with India, China and Thailand (Category: Breaking News)
- Is Sri Lanka geared for globalisation? (Category: Business)
- EDB turns 33 (Category: Business)
At Standard Chartered, banking is certainly core business but this has never deterred or precluded the bank from contributing positively to communities which its business calls home. Standard Chartered is recognised globally as the single biggest corporate sponsor of avoidable blindness projects around the world. Seeing is Believing (SiB) is a major global public-private initiative ...
- Standard Chartered sponsors national athletes for Mumbai Marathon this weekend (Category: Business)
- Standard Chartered micro-finances Jaffna start-ups (Category: Business)
- Standard Chartered Bank continues supporting National Cancer Hospital (Category: Business)
- Standard Chartered Bank commemorates World Environment Day 2012 (Category: Business)
Asian Development Bank (ADB) Vice President Xiaoyu Zhao has declared that Sri Lanka has big potential than any other country in Asia to become the most viable and attractive regional economic hub. “Strategic location, post conflict infrastructure development initiatives, peace and stability, high economic growth and able leadership are the main factors behind these potential,” ...
- ADB’s South Asia head meets Basil (Category: Business)
- Sri Lanka has big potential to be a viable regional hub – ADB (Category: Breaking News)
- New ADB, Sri Lanka partnership strategy agreed to target growth (Category: Breaking News)
- ADB’s new Sri Lanka partnership to target inclusive growth (Category: Business)
The Commercial hub of the island, Colombo has recently drawn a great deal of positive attention from Standard Chartered. The bank’s regional teams, impressed with Sri Lanka’s recent economic progress and development in business, have recognised the city as an ideal venue to host global conferences. In the next few months the local branch office ...
- Standard Chartered Wins FT/IFC Sustainable Global Bank of the Year Award (Category: Business)
- Standard Chartered kicks off ‘Go Forward’ with Liverpool Football Club (Category: Business)
- Standard Chartered sponsors Colombo Art Biennale (Category: Business)
- StanChart eyes $ 3 b Singapore revenue in three years (Category: Business)
HDFC Bank, a specialized housing Bank launched the online Banking portal recently enabling customers to have access to their accounts at any time. This ensures fast, easy and secure access to HDFC accounts. HDFC Bank was in the process of upgrading its services continuously for the past period considering the evolving needs of its customers ...
- HDFC Launches HDFC EBanking (Category: Business)
- Affordable housing loans from HDFC (Category: Business)
- Commercial Bank widens mobile access to online services (Category: Business)
- Shared ATMs (Category: Breaking News)
The academics are marching. The students are marching. The Muslims are marching. Every day hundreds images of throngs of people shouting slogans and demonstrating blare across television screens, newspapers and of course, the internet. SMS news alerts about road closures and barricades abound as popular discontent rises to the surface through trade union agitation and ...
- No interference in Sri Lanka’s Judiciary, President asserts (Category: Business)
- Divi Neguma Bill to be back anew (Category: Business)
- Northwestern Provincial Council approves the Divi Neguma Bill (Category: Breaking News)
- SC order and govt.’s trial balloon (Category: Breaking News)
Global giant Standard Chartered Bank tips Sri Lanka’s economic growth to rebound in 2013, after contracting this year from 2011. It is forecasting economy to grow by 7.5% in 2013 and by 7.7% in 2014 from 6.8% this year. However, forecasts for the next two years are lower in comparison to record 8.3% growth achieved ...
- SCB checkmates cameo CB! (Category: Business)
- Value investors enter as speculators exit (Category: Business)
- Growth to slow down in 2012 –Central Bank (Category: Breaking News)
What is planning? Planning (also called forethought) is the process of thinking about and organising the activities required to achieve a desired goal. Planning involves the creation and maintenance of a plan. As such, planning is a fundamental property of intelligent behavior. This thought process is essential to the creation and refinement of a plan, ...
- Organisational sustainability (Category: Business)
- Business-to-business selling (Category: Business)
- Driving for ‘value’ (Category: Business)
- Directing performance management (Category: Business)
A number of articles which appeared in print media in the recent past signify the volatility in the economy. High volatility leads to vulnerability. Volatility and vulnerability are reflections of the haphazard nature of the economic policies and poor economic governance in a country. What is volatility? Volatility is the severity and the frequency with ...
- Achieving economic goals amidst global challenges (Category: Business)
- Raising the bar: The rise of the Sri Lankan economy (Category: Business)
- Lion leads frontier markets (Category: Business)
Fitch Ratings has assigned the Ceylon Income Fund an ‘A-(lka)’ National Fund Credit Rating. This is the first fund rating assigned by an international rating agency in Sri Lanka. The fund primarily invests in corporate debt instruments and is managed by Ceylon Asset Management (CAM). The ‘A-(lka)’ National Fund Credit Rating is driven by the ...
- Fitch assigns Ceylon Income Fund an ‘A-(lka)’ rating (Category: Breaking News)
- Singer (Sri Lanka) raised to AA (LKA) in the revised Fitch Ratings (Category: Breaking News)
- Fitch Ratings downgrades ratings of seven Sri Lankan insurers (Category: Breaking News)
- Fitch affirms Central Finance; Rates CP ‘F1’ (Category: Business)
Standard Chartered, in furtherance of the Memorandum of Agreement (MOA) signed with Youth Business Sri Lanka (YBSL), a project of the Ceylon Chamber of Commerce (CCC), handed out micro-financing facilities to 29 young men and women of Jaffna who had been affected by the war to start up businesses, on Friday, 21 September 2012. Nine ...
- PGTI debuts in Sri Lanka with Standard Chartered Open 2012 (Category: Business)
- Standard Chartered Bank commemorates World Environment Day 2012 (Category: Business)
- Standard Chartered Bank’s Pettah Branch moves to new location (Category: Business)
- 2012: Sri Lanka's growth to slowdown, rupee to depreciate (Category: Breaking News)
Leaving nobody out in the cold In India, the Rangarajan Committee on Financial Inclusion defined the concept as: “The process of ensuring access to financial services, timely and adequate credit where needed by vulnerable groups such as weaker sections and low income groups, at an affordable cost.” At the recent FutureGov SAARC Summit in Colombo, ...
- Govt waits for clearance to implement India-funded Unique ID card project (Category: Breaking News)
- Is JVP/NPP signalling left and turning right? (Category: Breaking News)
- India aids Sri Lanka to fund its digital identity project (Category: Breaking News)
- Moneylenders - Exploiters or providers of a vital financial service? (Category: Business)
Bartleet Finance PLC, which has been in the forefront of providing financial services in the Embilipitiya area, moved to a convenient and spacious location in the heart of the town to provide better services to its clients. The relocation will provide it greater opportunity to synergise with its customers and enhance their potential to grow ...
- Bartleet Finance opens 17th branch in Ratnapura (Category: Breaking News)
- Bartleet Finance opens 17th branch in Ratnapura (Category: Business)
- Bartleet Finance launches savings accounts (Category: Business)
- Bartleet Finance opens 18th branch in Anuradhapura (Category: Business)
$ 450 m mega project to be completed in 2014 By Uditha Jayasinghe The Government has leased the iconic Transworks House land to India’s Krrish Group for 99 years at $ 49 million, whilst the $ 450 million mega project is slated to be completed by 2014. The land encompasses the Transworks House, a colonial ...
- Ambitious $ 460 m 4-towers Krrish Square at Fort to start selling units from today (Category: Business)
- $ 450 m Transworks Towers to transform city (Category: Business)
- People will be resettled in Sampur: Basil Rajapaksa (Category: Breaking News)
- Gains, Pains In Paki FDI (Category: Breaking News)
In clear signs that Sri Lanka’s trade with India is set to grow further and recent noise about Sri Lanka in Tamil Nadu has almost no impact on the surging Business-to-Business (B2B) linkages, a 45-member strong biz delegation led by S. Rethinavelu, Senior President of the Tamil Nadu Chamber of Commerce and Industries (TCCI) is ...
- Coast Guard stand on TN fisherman ‘outrageous’: Jayalalitha (Category: Breaking News)
- Passenger ferry service between TN and Sri Lanka likely from October (Category: Breaking News)
- TN Chamber of Commerce concerned over attack on Sri Lankans (Category: Breaking News)
- TN Chamber of Commerce concerned over attack on Sri Lankans (Category: Breaking News)
SriLankan Airlines established its presence in the most bustling district of the Southern Province, Hambantota, with the opening of a new sales office on Friday, 21 September. The branch office will facilitate travel formalities to a large clientele in the south-eastern coast area. The modern facility is equipped to handle reservations, ticketing, Prepaid Ticket Advices ...
- SriLankan Airlines opens an office in Hambantota (Category: Breaking News)
- Classic Travel opens branch at World Trade Centre (Category: Business)
- SriLankan Airlines opens passenger sales agency in Hambantota (Category: Breaking News)
- SriLankan Airlines now in Jaffna (Category: Breaking News)
The Central Bank of Sri Lanka (CBSL) recently provided a Technical Assistance (TA) to the Maldives Monetary Authority (MMA) aimed at developing foreign reserves management skills of the Maldivian Central Bank. This program helped to build MMA’s institutional capacity to formulate foreign reserves management policies and procedures and to manage its foreign reserves so as ...
- Substantial Gains In Foreign Reserves – CB (Category: Breaking News)
- Reserve Stock (Category: Business)
- Substantial Gains In Foreign Reserves (Category: Breaking News)
- Maldives acquires Sri Lankan expertise on foreign reserves management (Category: Breaking News)
By Amantha Perera JEJU, South Korea (IPS): As ravenous consumers of natural resources, companies are beginning to recognise that they owe a monetary debt to the planet, and are sharpening their pencils to calculate it. In 2004, when the International Union for Conservation of Nature (IUCN) held its four-yearly World Conservation Congress in Bangkok, Thailand, ...
- IUCN Puts The Accent On Business (Category: Breaking News)
- Facebook IPO: Mark Zuckerberg’s letter to prospective investors outlines core values (Category: Business)
- Nature Trails – setting the trend in eco-tourism (Category: Business)
- Power: Form, flexibility and force (Category: Business)
Sri Lanka’s falling external deficits should allow the central bank to review its tight monetary and credit policies towards the end of the year, Governor Ajith Nivard Cabraal told Reuters yesterday.
The Central Bank (CB) yesterday in a statement issued new directives on foreign exchange activities that broadly cover market practices and ethical standards. The bank, with the view to further improve the standard of business conduct and good market practices for the effective and efficient functioning of the foreign exchange trading activities in Sri Lanka, ...
- Central Bank Issues Direction On Foreign Exchange Trading Activities (Category: Business)
- Sri Lanka issues new directions on forex trading (Category: Breaking News)
- Sri Lanka's Central Bank issues direction on foreign exchange trading activities (Category: Breaking News)
- Sri Lanka’s SEC lifts the 10% price band (Category: Breaking News)
In an attempt to increase loan access to middle class consumers, DFCC Vardhana Bank and the Asian Development Bank (ADB) yesterday signed an agreement for a US$ 15 million 10-year lending facility. The facility granted to DFCC is expected to be disbursed amongst young entrepreneurs, first-time home ownership by family units, self-employed individuals and women ...
- Fitch affirms DFCC Bank at ‘AA’; Outlook stable (Category: Business)
- Central Bank decides to keep policy rates unchanged (Category: Breaking News)
- Central Bank further reduces policy interest rates (Category: Breaking News)
- Bank of Canada holds rate steady (Category: Canada, Ontario)
ESPNcricinfo: Northamptonshire have decided not to renew Chaminda Vaas’ contract for 2013, citing the 38-year-old’s troubles with fitness last season. A variety of injuries saw the former Sri Lanka seam bowler play in only six of Northants’ 16 Division Two Championship matches and he also missed much of the Clydesdale Bank 40. Vaas had been ...
- Lionheart Vaas is roaring again (Category: Sports)
- Veteran Vaas shows his class (Category: Sports)
- Cricket Squad (Category: Business)
- Getting Set (Category: Business)
Cabraal says that price pressures will remain, keeps policy rates and growth figures steady The Central Bank kept policy rates unchanged yesterday, on expectations that inflation would remain contained to single digit levels on policy changes to reduce demand. The concerted efforts by the Central Bank and the Government earlier this year to curb the ...
- Credit growth to slow to 27% by December – Cabraal (Category: Business)
- CB seen keeping rates steady for fifth straight month (Category: Business)
- Sri Lanka to grow at 7.2% (Category: Business)
- CB banks on policy changes (Category: Business)
Issue oversubscribed by two times, says Central Bank The Central Bank has had its latest issue of Sri Lanka Development Bonds oversubscribed by two times, bringing the total bid to US$ 121.05 million, the monetary institution said in a statement. The Central Bank of Sri Lanka, on behalf of the Government of Sri Lanka, ...
- Central Bank successful at 1st Sri Lanka Development Bonds issue in 2010 (Category: Business)
- Sri Lanka plans to issue sovereign bond for up to $1 bn (Category: Breaking News)
- Sri Lanka`s 12 billion rupees T-bills oversubscribed (Category: Breaking News)
- Sri Lanka Central Bank to remove old currency notes from circulation (Category: Breaking News)
Commendable achievements Over the years Sri Lanka has gained a considerable reputation for its achievements in social development. It punches above its weight on the UNDP’s Human Development Index. It has also performed very well in meeting the internationally agreed Millennium Development Goals (MDGs), which focus on indicators related to poverty, health, education and gender ...
- From poverty to sustainability in Sri Lanka (Category: Business)
- Equity and well-being in Sri Lanka (Category: Business)
- “Connecting People to Prosperity” in Sri Lanka. A reality check with “Mahinda Chinthanaya” (Category: Breaking News)
- ‘Divi Neguma’ Dept: Development catalyst, dependency creator or a white elephant? (Category: Business)
The exchange of goods and services has been around for as long as civilisations themselves, if not longer. Humans, being extremely adaptive to their environments, have always found ways to utilise resources and build surplus. This surplus was then used to trade in order to obtain resources and goods that weren’t abundantly available. Evolution of ...
- Dialog empowers 7.5m with mobile money transactions (Category: Business)
- ComBank records highest growth in ‘Inter-Bank Electronic’ payments (Category: Business)
- Banking foresight – Shaping integrated development (Category: Business)
Popular Topics
- International Monetary Fund (1076)
- Political crisis (256)
- Foreign exchange reserves (557)
- Shortage (21)
- Bank reserves (1076)
- Anonymous (2)
- Fuel (85)
- Economy of Sri Lanka (1075)
- Russia (28)
- Sri Lanka Tea (1075)
- Tourism (159)
- Sri Lanka Quality Tea (1075)
- Sri Lanka Tourism (1075)
- Sri Lanka Cricket (1076)
- Sri Lanka Hotels (1075)
- Sri Lanka Elections (1076)
- Hiru Tv (39)
- ITN News (73)
- Shakthi Tv (42)
- Rupavahini (2)
- Derana Dream Star (64)
- EPF (56)
- BBC (6)
- Rob Ford (11)
- Amanda Knox (1)