manusath-derana

Top News

Sri Lankan shares hit near one-week closing low on profit-taking

Reuters – Sri Lankan shares ended down for a second straight session on Tuesday, slipping further from their highest close in more than 10 weeks hit last week, with investors booking profits in telecom stocks while block deals boosted the turnover, brokers said. The Colombo stock index ended 0.36 percent weaker at 6,572.05, its lowest…

(0)Comments | October 18, 2017 12:13 am

Angie sizzles on ‘Anything But …. with Kumar de Silva’

Angela R.K. Seneviratne sizzles on “Anything But … with Kumar de Silva” this week in an open and frank chat about love and life and everything in between as the show uploads at 13h on Friday 20th October 2017 on www.pulse.lk, Facebook, YouTube, and across all social media. Film star, stage and television actress, writer,…

(0)Comments | October 17, 2017 8:30 pm

SAARCLAW Conference 2017 marks a milestone 25-year celebration in Sri Lanka

In October 1991, SAARCLAW was established in Colombo with 175 members of the legal communities including judges, legal practitioners and academics of the SAARC countries, signing the SAARCLAW Charter, which provided for its establishment. Its preamble articulated the basis for its formation. On the same day, the first ever SAARCLAW Conference which was organized by…

(0)Comments | October 17, 2017 8:18 pm

New Entry Period for Diversity Visa Program DV-2019

Due to technical issues, the registration period for DV-2019 is being restarted and all entries made prior to October 18, 2017 will need to be resubmitted for the entrant to be considered.  The technical issue was a failure to properly account for country of eligibility if the entrant was selecting a country of eligibility other…

(0)Comments | October 17, 2017 4:32 pm

IMF Reaches Staff-Level Agreement on the Third Review of Sri Lanka’s Extended Fund Facility

The 2018 budget should continue fiscal consolidation, supported by the new Inland Revenue Act. Monetary policy should remain vigilant to pressures on inflation and credit growth. Upholding the reform momentum is key to addressing vulnerabilities and sustaining inclusive growth. After constructive discussions with the authorities in Colombo and during the Annual Meetings, an IMF staff…

(0)Comments | October 17, 2017 2:47 pm

JBIC reiterates support for Sri Lanka’s economic program

Japan Bank for International Cooperation (JBIC) reiterated their support for Sri Lanka’s economic program during a meeting with Minister of Finance and Media Mangala Samaraweera. The meeting was held on the sidelines of the WB/IMF Annual Meeting in Washington, D.C. on 14th October. CEO and Executive Managing Director of JBIC, Tadashi Maeda, will lead a…

(0)Comments | October 17, 2017 2:38 pm

Pathfinder Foundation participate at Sagar Discourse 2017 in Goa, India

The first ever track 1.5 discourse on the Indian Governments ambitious initiative Security and Growth for All in the Region (SAGAR) was conducted in the port city of Goa, India last week end. This event was organized by Forum for Integrated National Security (FINS) in association with Ministry of External affairs, Government of India. The…

(0)Comments | October 17, 2017 2:31 pm

Big Bad Wolf Rewards Sri Lankan Scholarship high performers

The Big Bad Wolf Book Sale which was launched in Sri Lanka from 5th – 15th October of this year at the Sri Lanka Exhibition and Convention Centre (SLECC) proved to be a success amongst the masses in the country. In keeping with their objective of promoting reading and English proficiency in countries where English…

(0)Comments | October 17, 2017 2:25 pm

Fitch affirms Amãna Bank’s National Long Term Rating

In its latest rating review, Fitch Ratings Lanka has affirmed the National Long-Term Rating of Amãna Bank at BB(lka) with a Stable outlook.  The global rating agency has commended the Bank’s asset quality, which remained relatively better in comparison to its peers whilst also maintaining an above industry CASA (Current Accounts and Savings Accounts) ratio…

(0)Comments | October 17, 2017 12:35 pm

Fitch Rates NTB’s Basel III Sub-Debt Issue ‘A-(lka) (EXP)’

Fitch Ratings has assigned Nations Trust Bank PLC’s (NTB, A(lka)/Stable) Sri Lanka rupee-denominated proposed Basel III-compliant subordinated unsecured debentures an expected National Long-Term Rating of ‘A-(lka)(EXP)’. The debentures, totalling LKR3.5 billion, will have maturities of five years and carry fixed coupons. The debentures qualify as regulatory Tier 2 capital for the bank and include a…

(0)Comments | October 17, 2017 10:24 am