Business

Union Bank September earnings up on portfolio realignment

Union Bank of Colombo PLC reported higher earnings for the period ended September 30, 2019 (3Q19), but the core-banking operations…

5 years ago

Increased efforts on marketing urged to link SMEs with supply chains

The Central Bank (CB) has called for a robust institutional structure and more efforts on marketing to connect micro, small…

5 years ago

England expect the unexpected from New Zealand

Eddie Jones said his England team were braced to deal with the unexpected when they play New Zealand in the…

5 years ago

Sri Lanka set to become outlier in slowing global economy: stockbroker

Softlogic Stockbrokers says economy likely to grow over 5% next year Says Sri Lanka has acute malnutrition problem Expects corporate…

5 years ago

ComBank gets US$ 25mn Proparco loan to support local SMEs

SMEs make up about 75% of SL’s companies  AFD Group’s investments in SL cross EUR 850mn  Proparco, a subsidiary of…

5 years ago

CB keeps rates steady to stabilize inflation

The Monetary Board of the Central Bank (CB) yesterday decided to maintain policy interest rates at their current levels, awaiting…

5 years ago

CB tells banks to prepare for sweeping industry changes with new Banking Act

New Banking Act to come into effect in 2021  Banks will have to address supervisory concerns or risk monetary penalties…

5 years ago

Altair infuses US$ 25 mn via syndicated loan

Representatives of Bank of Ceylon, NDB Bank, National Savings Bank, NDB Investment Bank and Altair at the signing of the…

5 years ago

HNB one of the best capitalised banks in the country: Managing Director

Jonathan Alles, Managing Director and Chief Executive of Hatton National Bank (HNB) in an interview with Mirror Business speaks about…

5 years ago

Construction work begins to launch CineCity Waterfront and Art Centre by 2020

Bringing in new hopes to the Sri Lankan cinema industry, construction work for Cinecity Waterfront and Art Centre commenced yesterday.…

5 years ago