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Text and Pictures by Steve A. Morrell Fifty per cent Sri Lankan families living in the provinces lack the basic needs of existence. They exist in abject poverty, being able to afford only two meals a day. Most are farmers, who already face the dysfunctional effects of the past Gotabhaya Rajapaksa government’s failed fertilizer policies […]
People’s Bank’s ‘People’s Remittance Vaasi Kotiyai, Bonanza’ selected its third millionaire winner recently. The lucky winner was A. Nagalechchami, who received his Rs.1 million prize from Sri Lanka’s Ambassador to Kuwait – Mohamad Jawhar and Senior Officer of embassy – W.A.U Poshitha Perera at the Sri Lanka embassy in Kuwait. People’s Bank launched “People’s Remittance […]
The Commercial Bank of Ceylon has introduced a fixed deposit scheme with high interest rates of up to 22% per annum, to encourage short term deposits and give the Bank’s customers an unbeatable and secure return for their investments in less than a year. Under this special scheme, Commercial Bank customers can open fixed deposit […]
Seylan Bank, the Bank with a Heart, encouraged its employees to join the home cultivation drive to help them face the challenge of increasing food prices by growing essential vegetables and fruit plants at home. As such, the Seylan Staff Welfare Association partnered with the Department of Agriculture on a project to share knowledge and […]
By Hiran H.Senewiratne Negative macro-economic factors have sent the CSE’s investor sentiment to negative territory. Prime Minister Ranil Wickremesinghe yesterday stated in parliament that Sri Lanka requires at least US $ 5 billion to provide essential items this year, including fuel, as monetary instability continued, market sources said. Prime Minister Wickremesinghe said Sri Lanka needs […]