CBSL approves Ananda as NDB Chairman
The Central Bank has approved the appointment of Ananda Athukorala as a director of the National Development Bank (NDB) and…
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Europe's Apple tax ruling sparks US anger
Wednesday, 31 August 2016 11:01Ireland should recover up to €13bn (£11bn) from Apple in back taxes, the European Commission has ruled.
Minister’s deal with Hayleys to buy Maldives islet!
Wednesday, 31 August 2016 10:18A powerful government minister has mediated in the deal by Hayleys Plc., whose majority shareholder is Dhammika Perera, to buy an islet of The Maldives, according to reports reaching Sri Lanka.
Nimal Perera leaves PABC
Wednesday, 31 August 2016 08:22Nimal Perera is reportedly due to relinquish his position as chairman and director board member of Pan Asia Bank Corporation today (31) after a nine year tenure.
People's Bank chairman wants PM to conduct inquiry
Tuesday, 30 August 2016 22:52People’s Bank chairman Hemasiri Fernando says he will be happy if the Prime Minister conducts an inquiry into the purchase of digital equipment hardware for the bank.
DFCC Bank keeps growing in Kandy
Tuesday, 30 August 2016 11:22DFCC Bank further extended its footprint in Kandy with the opening of two fully fledged branches in the Kandy City Centre (KCC) and Peradeniya, on the 26th of August 2016.
Volkswagen project, temporarily halted - Eran
Monday, 29 August 2016 14:58The proposed project to set up a Volkswagen car plant in Sri Lanka has temporarily been halted, Deputy Minister Eran Wickramaratne has said.
Sino - Lanka FTA negotiations to end by Feb. 2017
Monday, 29 August 2016 11:35Sri Lanka –China Free Trade Agreement (CSFTA) negotiations are to be completed by February 2017 and the FTA will be ready for signing thereafter, Ministry of Industry and Commerce official said.
6 ailing finance companies to be merged under FIRA
Friday, 26 August 2016 09:49The Central Bank’s handling of failing finance companies came into barrage of criticism at a recent top-level official meeting chaired by the Prime Minister.
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