Business

LNP – Govt. must take lead in providing social welfare, not private sector: IPS

Says COVID relief provided to private sector should be linked to retaining jobsPoints out govt.’s spend on social welfare during…

4 years ago

LNP – CSE offers scholarships for business journalists to follow Diploma in Financial Markets

Following the successful completion of its second intake in 2019 the Advance Diploma in Financial Markets (ADFM) offered by the…

4 years ago

LNP – . Korea donates 4000 re-usable fabric masks to SL Army

On October 14 Woonjin Jeong, ambassador of the Republic of Korea to Sri Lanka met with Lieutenant General Shavendra Silva,…

4 years ago

LNP -NBFI sector to incur substantial losses in FY-21 – First Capital

The Non-bank financial institution (NBFI) sector may record substantial losses and display the weakest performance in the decade for FY21E…

4 years ago

LNP – Fresh US$ 500mn Chinese loan for Budgetary support

By Kelum BandaraThe government will use the US$500 million loan from the China Development Bank (CDB) for budgetary support, Money,…

4 years ago

LNP – Deposit rates fall further in Sept. as banks re-price liabilities swiftly to maintain margins

Deposits and lending rates during first nine months fall in lockstep in rare occurrence of harmony Deposit rates offered to…

4 years ago

LNP – August trade deficit narrows amid lower imports

Trade balance in Aug. narrows to US$ 342mn from US$ 541mn in Aug. 2019Narrows by over US$ 1bn to US$…

4 years ago

LNP – Central Bank likely to maintain surplus liquidity in rupee money markets

Speculation was rife that bond payment could create a shortage in rupee liquidity marketBut CB purchased T-bills worth Rs.123.1bn on…

4 years ago

LNP – Government to set up export exhibition centre

Aimed at assisting exporters to display sample products to foreign buyers Trade Minister Bandula Gunawardane said an export exhibition centre…

4 years ago

LNP – Deputy Governors Weerasinghe and Karunaratne retire

Deputy Governors Dr. Nandalal Weerasinghe and H.A. Karunaratne have retired from the Central Bank. Senior Deputy Governor Dr. Weerasinghe had…

4 years ago