http://www.amarasara.info/amnews/ This is an XML content feed of; News Portal from Sri Lanka : Last 10 News Bulletins Copyright (c) 2006-2007 Web Wiz NewsPad - All Rights Reserved. Sat, 04 Sep 2010 13:12:09 +0000 Tue, 09 Mar 2010 11:04:53 +0000 http://blogs.law.harvard.edu/tech/rss Web Wiz NewsPad 1.02 30 www.amarasara.info/amnews/RSS_news_feed.asphttp://www.amarasara.info/amnews/images/amarasara-news1.jpghttp://www.amarasara.info/amnews/http://www.amarasara.info/amnews/rss_view_newsletter.asp?article=383Foreign exchange transactions relaxed
(09.03.2010 - Daily News, SL)

The Central Bank of Sri Lanka yesterday announced further relaxation of foreign exchange transactions with the following measures to be implemented with effect from March 11 in relation to foreign exchange transactions.

A Sri Lankan resident who is earning foreign exchange from investments abroad as approved by the Central Bank, engaged in providing international professional services in Sri Lanka or abroad, engaged in any occupation abroad or who have proceeded outside Sri Lanka for education and/or for medical treatment and exporters of goods will be permitted to open and maintain bank accounts abroad, the bank said.
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]]>Tue, 09 Mar 2010 11:04:53 +0000http://www.amarasara.info/amnews/newsletter.asp?article=3832010-03-09 11:04:53 http://www.amarasara.info/amnews/rss_view_newsletter.asp?article=321Senior citizens get bonus on interest
(05.03.2010 - Daily News, SL)

All Sri Lankan citizens above 60 will receive a bonus interest of 20 percent on the interest drawn from their savings and fixed deposit accounts maintained at any state or private registered bank in Sri Lanka from January 1 this year, Export Development and International Trade Minister and Cabinet Spokesman Prof. G. L. Peiris said.
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]]>Thu, 04 Mar 2010 22:53:33 +0000http://www.amarasara.info/amnews/newsletter.asp?article=3212010-03-04 22:53:33 http://www.amarasara.info/amnews/rss_view_newsletter.asp?article=213Banks : Have we used them well enough ?
- by Thanushka Jayasundera
(24.02.2010 - Daily News, SL)

At times as you walk along the road, you see many advertisements by banks and you may wonder if Sri Lanka is over banked. If we divide the total population of Sri Lanka by the number of banks in operation we only have around less than half a million customers per bank.

However it is no secret that even today most of us only use banks to withdraw salaries or to maintain our day to day savings.
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]]>Wed, 24 Feb 2010 13:47:22 +0000http://www.amarasara.info/amnews/newsletter.asp?article=2132010-02-24 13:47:22 http://www.amarasara.info/amnews/rss_view_newsletter.asp?article=132SL has reached required reserve level; Unlikely to buy more IMF gold – Central Bank Governor
(19.02.2010 - info.gov.lk)

Sri Lanka Central Bank is unlikely to buy more gold from the International Monetary Fund (IMF) right now as the country has already reached its required reserve level, Central Bank Governor, Ajith Nivard Cabraal said.
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]]>Fri, 19 Feb 2010 22:39:58 +0000http://www.amarasara.info/amnews/newsletter.asp?article=1322010-02-19 22:39:58 http://www.amarasara.info/amnews/rss_view_newsletter.asp?article=116Learning Tamil for growth - Central Bank launches scheme to enhance proficiency in official languages
(18.02.2010 - The Island, SL)

The Central Bank of Sri Lanka, having understood the importance of possessing proficiency in Tamil language of its staff, has launched a scheme for facilitating its staff to enhance the mastery of Tamil languages with the collaboration of the Department of Official Languages (DOL).
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]]>Thu, 18 Feb 2010 17:20:36 +0000http://www.amarasara.info/amnews/newsletter.asp?article=1162010-02-18 17:20:36 http://www.amarasara.info/amnews/rss_view_newsletter.asp?article=38HSBC returns to Jaffna : To build international investor confidence
(14.02.2010 - Sunday Observer, SL)

HSBC is the first foreign bank to open a branch in Jaffna after the 30 year conflict. The branch was opened on February 11. On this occasion the Sunday Observer interviewed the CEO of HSBC Nick Nicalaou on the bank’s decision to open a branch and what plans are in place for the branch. The excerpts of the interview.

Q: What made HSBC open a branch in Jaffna?
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]]>Mon, 15 Feb 2010 10:11:19 +0000http://www.amarasara.info/amnews/newsletter.asp?article=382010-02-15 10:11:19 http://www.amarasara.info/amnews/rss_view_newsletter.asp?article=31More than 30 bank branches to open in Jaffna this quarter
(14.02.2010 - Sunday Times, SL)

Jaffna : Out of the 43 Central Bank (CB) approved commercial bank branches, 10 have already started operations in Jaffna, according to CB officials. “There are 33 more to start business and many are slated to open branches this quarter,” Ananda Silva, Deputy Governor CB told Business Times on the sidelines of the opening ceremony of HSBC’s branch in Jaffna.
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]]>Mon, 15 Feb 2010 08:24:14 +0000http://www.amarasara.info/amnews/newsletter.asp?article=312010-02-15 08:24:14 http://www.amarasara.info/amnews/rss_view_newsletter.asp?article=19BoC to shift focus to investment banking
(14.02.2010 - The Nation, SL)

Bank of Ceylon (BoC), Sri Lanka’s largest state-owned commercial bank, has plans to shift its medium-term corporate strategy from conventional banking methods to focus on the lucrative investment banking as a means to achieve its targeted growth.

The new plan looks towards a future vision for the ‘Bankers to the nation’, outlining the direction, focus, and vision that positions the bank to enter its next phase of growth with a sharply defined strategy congruent with Sri Lanka’s own development transformation process.
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]]>Sun, 14 Feb 2010 16:44:22 +0000http://www.amarasara.info/amnews/newsletter.asp?article=192010-02-14 16:44:22