(MENAFN - Colombo Gazette) President Gotabaya Rajapaksa and Prime Minister Mahinda Rajapaksa who is also the Minister of Finance, Economy and Policy Development, have issued directives to Chairmen and CEOs of all banks to suspend the recovery of loans obtained by the SME sector. The Government has taken a decision to take up new initiatives to revive SMEs of which outstanding … [Read more...] about Sri Lanka- Banks directed to suspend recovery of SME loans
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Business News, Stock/Share Market Investment, Live BSE/NSE Sensex & Nifty, Mutual Funds, Commodity Market, Finance Portfolio Investment/Management, Startup news India, Financial News
By Market Capitalisation.Net Sales.Net Profit.Total Assets.Excise.Other Income.Raw Materials.Power & Fuel.Employee Cost.PBDIT.Interest.Tax.EPS.Investments.Sundry Debtors.Cash/Bank.Inventory.Debt.Contingent Liabilities. AbrasivesAerospace & DefenceAgricultureAir ConditionersAirlinesAluminium & Aluminium … [Read more...] about Business News, Stock/Share Market Investment, Live BSE/NSE Sensex & Nifty, Mutual Funds, Commodity Market, Finance Portfolio Investment/Management, Startup news India, Financial News
Daily Mirror – Eliminating burden of state-owned enterprises on Sri Lankan people
No-one seems to know precisely how many business enterprises the government owns. Official government figures suggest 55 businesses, but these are only those which are considered to be strategic.The Mid-Year Fiscal Position Report - 2019 issued by the Minister of Finance suggests that there are 422 state-owned enterprises (SOEs), whilst the a research based on data … [Read more...] about Daily Mirror – Eliminating burden of state-owned enterprises on Sri Lankan people
Daily Mirror – New Treasury Secy. pledges to restore Finance Ministry’s lost honour
New Treasury Secretary and Finance Ministry Secretary S.R. Attygalle assuming duties at Finance Ministry in the presence of senior Finance Ministry officials and Acting Inspector General of Police C.D. Wickramaratne The new Treasury Secretary and Finance Ministry Secretary S.R. Attygalle yesterday pledged to rebuild the lost honour and glory of the Treasury, working … [Read more...] about Daily Mirror – New Treasury Secy. pledges to restore Finance Ministry’s lost honour
Daily Mirror – Sri Lanka Food Processors Association holds 22nd AGM
The Sri Lanka Food Processors Association recently held its 22nd Annual General Meeting at the Winchester Hall of the Kingsbury Hotel in Colombo. Founded in 1997 as an advocacy group, the Sri Lanka Food Processors’ Association currently consists of over 130 member companies, which include large and multi-national, as well as small and medium enterprises (SME’S) … [Read more...] about Daily Mirror – Sri Lanka Food Processors Association holds 22nd AGM
Daily Mirror – WB cuts SL’s economic growth forecast to 2.7%
Says growth continues to be adversely affected by shocks Expects growth to pick up as security concerns and political uncertainty dissipate Lists out five priority reform areas in latest Asia Economic Focus report In its latest edition of the South Asia Economic Focus, the World Bank expects Sri Lanka’s economic growth to decelerate to 2.7 percent by the end this year … [Read more...] about Daily Mirror – WB cuts SL’s economic growth forecast to 2.7%
Daily Mirror – SL Economic Summit 2019 opens today
The country’s foremost economic event, Sri Lanka Economic Summit (SLES) 2019, kicks off at Cinnamon Grand Colombo, today. The two-day event is themed around Recalibrating Sri Lanka’s Economic Trajectory Towards 2025, to guide Sri Lanka’s journey towards development and prosperity.Today’s event brings together over 450 local and international participants consisting of … [Read more...] about Daily Mirror – SL Economic Summit 2019 opens today
3 Point Analysis | Will RBI surplus transfer boost market?
On August 26, the central board of Reserve Bank of India (RBI) decided to transfer a surplus of Rs 1.76 lakh crore to the government. Jerome Anthony does a 3-Point Analysis on whether or not this windfall from RBI result in any gains for the equity markets.Follow us: Website: https://www.moneycontrol.com/ Facebook: https://www.facebook.com/moneycontrolFB/ Twitter: … [Read more...] about 3 Point Analysis | Will RBI surplus transfer boost market?
Irrational Economic Summit 2019 Trailer
Why attend Irrational Economic Summit 2019? We asked some of last year’s attendees why they chose to come, what they look forward to, & how we’re set apart from other investing resources. Watch, register, & get a head start on preparing for what’s next. https://pro.dentresearch.com/m/1328588source … [Read more...] about Irrational Economic Summit 2019 Trailer
Daily Mirror – Rocky path ahead for Sri Lanka’s small and mid-sized lenders, says Fitch
Sri Lanka’s small and medium-sized banks (SMBs) will have to brace for a turbulent period ahead, stemming from the weaker asset quality and pressure on profits among a host of other problems in a hobbling economy, Fitch Ratings said in a brief note on the club of seven banks.Fitch Ratings, which analysed the profiles of the small and mid-sized banks operating in Sri … [Read more...] about Daily Mirror – Rocky path ahead for Sri Lanka’s small and mid-sized lenders, says Fitch
