November 2020

Sri Lanka’s banks to show reluctance to absorb their subsidiary Finance Firms – Fitch Ratings

Sri Lanka’s banks would be reluctant to absorb their finance and leasing companies (FLC) due to the significant difference between their…

First Capital Research predicted a 50% chance for a policy rate cut by the Central Bank (CB) at its upcoming…

The Monetary Board of the Central Bank (CB) has thrown out the time-bound repayment plans submitted by two illegal Finance…

The government plans to exempt investments in the housing market through Sri Lanka Real Estate Investment Trusts (SLREIT) to be…

The government announced a proposal to grant 50 percent income tax relief for new listings at Colombo Stock Exchange (CSE).…

The government announced a Special Goods and Services Tax (GST) to be introduced for telecommunication, alcohol, cigarettes, vehicles, and betting…

The project company of the Port City, CHEC Port City Colombo today stressed any employees at the Port City site…

Sri Lanka High Commission in London in collaboration with the Association of Professional Sri Lankans in the UK (APSL UK)…

Point-of-Sale (POS) terminals deployed by the Commercial Bank of Ceylon at retail outlets across Sri Lanka have shown exponential growth…

Business

Sri Lanka’s most trusted poultry group Crysbro, commends the government’s initiative to revive and reinforce Sri Lanka’s maize cultivation industry…