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Moody’s downgrading seen as having ‘no major negative impact’ on banking sector

Moody’s Investors Service downgrading of three local commercial banks will not be having a major negative impact on the banking and financial sector in the country, Central Bank Deputy Governor Dr Nandalal Weerasinghe said. Moody's revised their rating outlooks to negative...

Mobile number portability desirable or not?

Many users of telecom services in Sri Lanka after a while tend to stick with their respective mobile service provider. This tends to be the case even when rival service providers offer attractive incentives such as free minutes, free messaging, etc. One reason for this is due to...

CSE slump may last – Even If Global Markets Stabilize, The CSE Will Fall

January was a bloody month for global equity. Worries that a Chinese economic slowdown was imminent proved right. Markets then panicked when official data showed that Chinese economic growth fell to a 25-year low. The equity sell-off started in China and spread quickly across...

UNFPA Sri Lanka Launches its First Inter-generational Dialogue: Generation to Generation for Our Sri Lanka

The United Nations Population Fund (UNFPA) launched its first in a series of inter-generational dialogues on the shifting population dimensions in Sri Lanka and its significance in shaping future policies. By bringing generations together from across all spheres of the Sri...