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Startling revelations emerge at Central Bank bond scam probe - The Sunday Times Sri Lanka
Amystery Gazette notification on Central Bank bond issue dated January 1 2015 signed by former President Mahinda Rajapaksa raised some eyebrows on the 3rd day sittings of the Presidential Commission of Inquiry probing the controversial Treasury bond&nbsp.

Apparel makers seek concessions to import labour from regional countries
“We have tens of thousands of jobs that cannot be filled in the apparel ... Although poverty has fallen, inequality is rising as a serious problem in Sri Lanka as highlighted by both the World Bank and the Asian Development Bank this year.

GSP+: First round win but issues ahead - The Sunday Times Sri Lanka
The Sri Lanka Government claimed victory on Friday after an unexpected resolution before the European Parliament objecting to the resumption of GSP+ concessions was defeated but issues loom ahead when eventually concessions are secured. ... “This is a.

Why Sri Lanka needs more entrepreneurs
Numerous researchers have pointed out to entrepreneurships ability to thrust nations forward by creating new wealth, jobs and being an ... that both are essential. Sri Lanka ranks 110 amongst 190 countries in World Bank’s ease of doing business ranking.

Monetary Board suspends Pan Asia Bank's primary dealer status - Daily Mirror
“ Pan Asia Bank wishes to emphasize that the bank's regular banking activities or its ability to deal in government securities in the secondary market are not impacted or limited in any manner due to the above regulatory action of Central bank of Sri.

India: The Genie of Lawlessness is out of the Bottle
Vegetable prices crashed by as much as 50% as poor people who had lost their jobs were buying less ... Contrary to Pakistan, Sri Lanka or Bangladesh, freedom of speech managed to survive much longer in India. India wasn’t much better in other human.

PCoI allows counsel to represent Aloysius - Daily Mirror
At the previous sessions, the Pan Asia Bank Deputy General Manager testifying before the PCoI said Mr. Aloysius had requested his support at the proceedings prior to him giving evidence. It was revealed that Nihal Fernando PC, who has been appearing.

Arjun Aloysius asked witness' help at PCoI proceedings - Daily Mirror
Perpetual Treasuries Ltd owner Arjun Aloysius had interfered with the witness who was supposed to testify at the Presidential Commission of Inquiry on behalf of Pan Asia Bank , it was revealed today . It was revealed when Pan Asia Bank Deputy General&nbsp.

Aloysius requested me to 'conceal vital info.' : witness - Daily Mirror
The Pan Asia Bank (PABC), Deputy General Manager R. A. B. Dias today said that the owner of Perpetual Treasuries Ltd, Arjun Aloysius, had asked him “to conceal vital information” when testifying before the Presidential Commission of Inquiry. The.

Pan Asia Bank gets CB extension to beef up capital buffers - Daily Mirror
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Sri Lanka Fitch downgrades PABC, confirms ratings of 04 small, mid-size banks - EconomyNext
Fitch Ratings-Colombo-17 October 2016: Fitch Ratings Lanka has downgraded Pan Asia Banking Corporation PLC's (PABC) National Long-Term Rating to 'BBB-(lka)' from 'BBB(lka)'. The Outlook is revised to Stable from Negative. The agency has also&nbsp.

Laugfs boss Wegapitiya buys 6% stake in Pan Asia Bank from Nimal Perera - Daily Mirror
In a rather surprising move, Laugfs Holdings Chairman W.K.H. Wegapitiya, yesterday bought little over 27 million shares or approximately 6 percent stake in the mid-sized bank, Pan Asia Banking Corporation PLC, in a deal worth over Rs.500 million.

Central Bank Bond Scam: A new twist in the saga - Newsfirst
Sri Lanka's EPF manager interdicted, questioned by police EconomyNext.