Faizal Salieh was unanimously elected as the Chairman of The Sri Lanka Institute of Directors (SLID) for the year 2021/22 at the fully virtual Annual Membership Meeting held on August 11th. ..
CA Sri Lanka, CFA Society encourage corporates to adopt ESG in biz practices
Amidst challenges stemming from global warming to social unrest, two of the country’s top professional bodies, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) and the CFA Society …
Sri Lanka’s Hemas Holdings profits up 136-pct in June 2021 amid cost rises
Profits at Sri Lanka’s Hemas Holdings, which has interests in consumer and healthcare rose 136 percent in the June 2021 quarter recovering from a lockdown last year, but inflation and currency …
Philippines extends ban on travellers from Sri Lanka
The Philippines has extended a ban on travellers from Sri Lanka until the end of August. President Rodrigo Duterte, upo …
Sri Lanka Banks’ National Ratings Constrained by Sovereign Rating
The National Ratings on Sri Lankan banks remain constrained by the sovereign credit profile (CCC), Fitch Ratings says. The highest National Rating for domestic banks with ratings driven by their …
Sri Lanka has Rajapaksas all over. It may import autocratic values from CCP model
Like in Europe, where China has built a ‘Balkan Backdoor’ to enter the European Union, it will enter South Asia from autocratic states such as Sri Lanka.
Sri Lanka will tap into underutilized assets to generate new inflows, says minister
Ajith Nivard Cabraal, Sri Lanka’s state minister of finance, capital markets and state enterprise reforms, says the utilization of underused assets will be able to rake in at least $400 million to aid …
Sri Lanka is looking to Reset Ties with India, Bridge the ‘Trust Deficit’
The Chinese presence in and domination of the Sri Lanka scene, especially in economic and political fields, has nullified all efforts at improved ties between Colombo and New Delhi in the post-war era …
A diversified and resilient business model guides Sampath Bank to navigate through challenges
COVID – 19 has had an unprecedented impact on both the local and global economy. After recovering during the 1st quarter of 2021, the Sri Lankan economy experienced renewed disruptions following the …
A diversified and resilient business model guides Sampath Bank to navigate through challenges
COVID – 19 has had an unprecedented impact on both the local and global economy. After recovering during the 1st quarter of 2021, the Sri Lankan economy experienced renewed disruptions following the …