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

2019-10-09   |   Business

Jonathan Alles, Managing Director and Chief Executive of Hatton National Bank (HNB) in an interview with Mirror Business speaks about the bank’s key...

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Hemas wins Asia’s Most Socially Responsible Company Award

2019-09-25   |   Business

Shiromi Masakorala, General Manager – Sustainability and Corporate Communications of Hemas Holdings PLC and Executive Director of Hemas Outreach Fou...

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Important yogas in

2019-09-24   |   Business

Vedic Astrology gives an important place among predictive techniques to yogas or special combinations or configurations of planets in a horoscope. In ...

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IFC evaluating nearly US $ 250mn investment opportunities in Sri Lanka’s private sector

2019-09-18   |   Business

The International Finance Corporation (IFC), the private sector arm of the World Bank Group, is evaluating nearly US $ 250 million worth of investment...

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Effective public financial mgt. crucial to achieve economic prosperity: CB Governor

2019-09-12   |   Business

Considering the important role government activities play in an economy, the need for effective public financial management, which is built on trustwo...

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Higher credit costs and taxes to put banking sector profitability under pressure: Moody’s

2019-09-03   |   Business

Moody’s maintains negative outlook for Sri Lanka’s banking sector Forecasts SL’s GDP growth to slow to 2.6% in 2019 from 3.2% in 2018 Say...

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Trade war fractures Asian global value chains

2019-08-28   |   Business

On August 24, US President Donald Trump announced an increase from 25 to 30 percent for the existing tariffs on US $ 250 billion of Chinese imports fr...

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Central Bank slashes rates to revive economy

2019-08-26   |   Business

Cuts policy rates by 50 basis points CB Governor says noteworthy current negative output gap led to the rate cute According to CB, monetary pol...

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India’s Mahindra Finance to acquire control of Ideal Finance for Rs.2bn

2019-08-22   |   Business

From left :Ideal Finance Ltd Chairman Nalin Welgama (fourth from left) exchanging agreement with Mahindra Finance Executive Director & Chief Finan...

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Softlogic 1Q hurt by Easter attacks, higher finance costs

2019-08-20   |   Business

Records net loss of Rs.752.6mn Retail, hospitals and leisure record slow growth Net finance cost surges 51% to Rs.1.4bn Diversified conglomera...

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