Weak leisure sector hinders JKH 2Q earnings; consumer, retail segments gain momentum
The performance of Sri Lanka’s largest listed company, John Keells Holdings PLC (JKH) was hampered by its weak leisure sector
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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
Read moreIncreased 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
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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
Read moreSri 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
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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
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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
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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
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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
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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
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