Finance Today

HOW TO MANAGE THE SO-CALLED BURDENSOME PUBLIC SECTOR EMPLOYMENT?

There is a lot of talk about borrowing from the International Monetary Fund (IMF) to alleviate the current severe economic and financial crisis in...

Remittances to reach $630B in 2022 with record flows into Ukraine

Officially-recorded remittance flows to low- and middle-income countries (LMICs) are expected to increase by 4.2 per cent this year to reach $630 billion. This...

WAYs rise, 152, 53 BPs at T Bond auction

Over 20 per cent inflation, further fuelled by political uncertainty, got the better of yesterday’s Rs 35 billion Treasury (T) Bond auction, with the...

ComBank Group navigates devaluation impact in complex Q1 performance

The Commercial Bank Group has posted a balanced financial performance for the first quarter of 2022, highly influenced by the sharp devaluation of the...

Sampath Bank PBT, PAT posts marginal growth

Notwithstanding the extremely challenging economic conditions which prevailed, Sampath Bank registered a profit before tax (PBT) of Rs 6.5 billion and a profit after...

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