Cabinet Approves Amendments to Streamline Tax Appeal Process
The Cabinet of Ministers has approved a set of amendments aimed at expediting the tax appeal process to address delays that have impeded.
Finance
Finance
Fitch Affirms ‘BBB(lka)’ Rating for NITF, Highlights Reinsurance Challenges
Fitch Ratings has affirmed the ‘BBB(lka)’ insurer rating for Sri Lanka’s National Insurance Trust Fund (NITF), maintaining a stable outlook but cautioning about.
- July 18, 2024
Finance
Sri Lanka Approves Five Firms for Airport Foreign Exchange Counters
Sri Lanka’s cabinet has approved five companies to operate foreign exchange counters at Bandaranaike International Airport, according to Minister Bandula Gunawardana. Following a.
- July 17, 2024
Finance
Sri Lanka Achieves Milestone in Debt Restructuring with IMF Support
The International Monetary Fund (IMF) announced that it welcomes Sri Lanka’s finalization of debt restructuring agreements with major creditor nations, marking a significant.
- June 28, 2024
Finance
Industry Analysis
Sampath Bank’s First Quarter Report Reveals Profit After Tax Soaring to Rs3.4 Billion
Sampath Bank has announced robust financial results for the first quarter of 2024, posting a profit before tax (PBT) of Rs 6.2 billion.
- May 16, 2024
Finance
Industry Analysis
CSE and USAID Host Issuer Forum in Southern Region, Educating SMEs on Opportunities
The Colombo Stock Exchange (CSE) and the United States Agency for International Development (USAID) recently collaborated on an informative forum aimed at assisting.
- May 14, 2024
Finance
Industry Analysis
HNB FINANCE Broadens Outreach to Rural Areas, Strengthening Community Connections
HNB FINANCE PLC, a prominent financial services provider, has announced a strategic collaboration with the Co-operative Thrift and Credit Union (Sanasa) aimed at.
- May 13, 2024
Finance
Industry Analysis
Sampath Bank Introduces ‘Vishwa’ Retail App, Revolutionizing Customer Experience
Sampath Bank has made waves in Sri Lanka’s banking industry with the launch of its cutting-edge mobile application, Sampath Vishwa Retail. This innovative.
- May 9, 2024
Finance
Industry Analysis
Vallibel Finance Expands with New Branch Opening in Athurugiriya
Vallibel Finance recently inaugurated its new branch in Athurugiriya, introducing its renowned financial services to the community. The event, graced by Managing Director.
- May 8, 2024
Finance
Industry Analysis
Central Bank of Sri Lanka Calls for Public Input on Proposed Amendments to Finance Leasing Act
The Central Bank of Sri Lanka is seeking public feedback on proposed amendments to the Finance Leasing Act (FLA), inviting individuals to submit.
- May 7, 2024