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CBSL Assistant Governor correctly cites flawed reserve reporting - Fact Check

CBSL Assistant Governor correctly cites flawed reserve reporting - Fact Check
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BIA receives a Nihon Kohden Automated External Defibrillator from Hemas Surgicals & Diagnostics

‘Sudden Deaths’ due to cardiac arrest has become one of the leading causes of deaths in Sri Lanka. Receiving Cardiopulmonary Resuscitation (CPR) and an electric shock to the heart from a Defibrillator immediately during a cardiac arrest, gives a 50% – 70% chance of survival. An Automated External Defibrillator (AED) is a device made for […]

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Swarnamahal Financial Services PLC – cancellation of the licence

The Monetary Board of the Central Bank of Sri Lanka decided to cancel the Finance Business Licence issued to Swarnamahal Financial Services PLC (SFSP), in terms of Section 37(3) of the Finance Business Act, No. 42 of 2011 (FBA) with effect from 28th December 2022. Accordingly, SFSP is not permitted to engage in Finance Business […]

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DFCC Bank leads space in People Management Best Practices underscored by values

The functions of Human Resources (HR) departments have grown more complex over time as organizations have realized the true value of human capital. A leader in the banking and financial services space, and a pioneer in sustainable finance, DFCC Bank is also a leader in the space for People Management best practices. Understanding how People […]

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Performance of tea industry in 2022 up to Nov. and prospects for end of 2022

by Pavithri Peiris Year 2022 began with a lot of optimism. Monthly auction average prices continuously increased and more sharply from April. However, as anticipated, the crop shortfall was inevitable due to the fertilizer crisis. As the year progressed, the Sri Lankan tea industry faced numerous challenges. Subsequent to the banning of Chemical fertilizer by […]

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