It was a rude shock to Bangladesh’s economy. Nearly $80 million were stolen from Bangladesh’s Central Bank by hackers, one of the largest known bank thefts in history. The hackers breached Bangladesh Bank’s systems and stole its credentials for payment transfers. They then bombarded the Federal Reserve Bank of New York with nearly three dozen…
Featuring a Comprehensive Set of Benchmarks That Effectively Measure Sri Lanka’s Economy S&P Dow Jones Indices (“S&P DJI”), one of the world’s leading index providers, and the Colombo Stock Exchange (CSE) today (06) jointly announced the launch of the S&P/CSE Sector and Industry Group Indices. The comprehensive index series is designed to measure the performance…
The Seventh IMF-Japan High Level Tax Conference For Asian Countries, organized by the International Monitory Fund commenced Tuesday (05th) at the Dai-ichi hotel, Tokyo, Japan with the participation of the Finance Ministers of the countries in the Asian Region and large number of intellectuals. Photographs shows – Finance Minister, Ravi Karunanayake with Mr. Daikichi Momma,…
Reuters – Sri Lankan shares rose 1.3 percent on Tuesday to a five-week closing high, as local retail investors bought beaten-down banking and diversified stocks while continued offloading by foreign investors amid worries over macroeconomic stability weighed on sentiment. Foreign investors sold a net 226.2 million rupees ($1.57 million) worth of equities, their fourth straight…
A nine member Sri Lankan business delegation will visit Pakistan from 06th to 09th of this month in a bid to explore trade and investment opportunities. The delegation, led by the Sri Lanka – Pakistan Business Council of the Ceylon Chamber of Commerce, will also take part in the Textile sector specific exhibition ‘TeXpo 2016,’…
EUR 30,000 (ca. 4.7 Mio. LKR) prize and training for the best renewable energy idea in Sri Lanka The German Ministry of Foreign Affairs together with The Ministry of Power and Renewable Energy of Sri Lanka, and the project implementing partner Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH and supporting partners Sri Lanka Sustainable Energy…
The Securities and Exchange Commission of Sri Lanka (SEC) with the participation of the Colombo Stock Exchange (CSE) is conducting a forum to discuss the rules imposed on maintaining a Minimum Public Float. The forum will be held on the 6th of April at Cinnamon Lakeside Colombo from 2.00 pm – 4.30 pm. “Minimum Public…
Finance Minister Hon. Ravi Karunanayake says that Sri Lanka is gearing up for a significant economic transformation in the next one and a half years. The minister says that already plans are afoot and changes are been made to increase economic competitiveness and growth. New strategies, both mid-term and long-term will be unveiled to support…
Indonesia says it is now offering visa free entry to Sri Lankans in a bid to help enhance commercial activities between the two countries. “We will offer visa free entry to Sri Lankans visiting Indonesia and it will last for 30 days,’ said his excellency Harimawan Suyitno, Indonesian ambassador in Sri Lanka. He made this…
MTD Walkers PLC ,today stated that they would like to clear any confusion that may have occurred as a result of the article that appeared in a leading English newspaper in Sri Lanka. MTD Walkers PLC wishes to confirm that it is neither a JV partner nor the local partner of M/s IVRCL of India….
Video Story
