Business

JICA plans new support for Sri Lanka’s estate sector

7 hours ago

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Sri Lanka’s estate sector community is likely to receive significant multinational support, with the Japan International Cooperation Agency (JICA) looking to extend its assistance to improve the soc

SLT-Mobitel achieves financial recovery in 3Q 2024

SLT-Mobitel achieves financial recovery in 3Q 2024

8 hours ago

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The SLT-Mobitel group has reported a profit after tax (PAT) of Rs.1,093 million for 3Q 2024, compared to a loss of Rs.1,543 million for the same period last year, demonstrating a significant 171 perce

Cartoon  14.11.2024

Cartoon 14.11.2024

8 hours ago

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NDB delivers solid profits amidst gradually reviving economic conditions

NDB delivers solid profits amidst gradually reviving economic conditions

8 hours ago

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National Development Bank PLC (NDB) reported a resilient performance for the nine months ended September 30, 2024, navigating the challenges and optimising the emerging opportunities in a reviving eco

ComBank accelerates lending in 3Q as strong fundamentals spur growth

ComBank accelerates lending in 3Q as strong fundamentals spur growth

8 hours ago

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The Commercial Bank of Ceylon group has achieved impressive growth at the end of the third quarter of 2024 by banking on judicious portfolio management and continued improvement of its CASA ratio to c

Heartbreak for Yupun as he falls in 100m heats

Effective taxation and combating corruption

25 Jul 2024

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Jean-Baptiste Colbert, who served as the French Minister of Finance under King Louis XIV, once said, “The art of taxation consists in so plucking the goose as to obtain the largest possible amount o

Heartbreak for Yupun as he falls in 100m heats

Proposed 13% primary expenditure rule for Sri Lanka departs from economic theory and practice

24 Jul 2024

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On May 22, 2024, the government of Sri Lanka gazetted the Public Financial Management (PFM) Bill, aiming to implement wide-ranging reforms to enhance transparency, accountability and control of public

Heartbreak for Yupun as he falls in 100m heats

SL economy outperforms in 1Q, but uncertainty looms due to elections: ADB

19 Jul 2024

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Sri Lanka’s economy outperformed expectations in the first quarter, but the outlook for the rest of the year and beyond remains uncertain, according to the Asian Development Bank (ADB).

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Economy

CBSL says no intention of regulating interest rates

CBSL says no intention of regulating interest rates

29 Jul 2024

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​The Central Bank last week said it does not want to intervene in setting the interest rates, and will leave them to market forces.

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