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Vogue Jewellers was established in 1962 by Sarath Hemachandra. [3] During the 1960s, radio jingle "Mangala mudu mala valalu" penned by lyricist Karunaratne Abeysekera, was specifically created for Vogue Jewellers and it became one of the first few jingles to have been used in Sri Lanka. [2]
Central Bank of Sri Lanka bond scandal which is also referred as CBSL bond scam was a financial laundering scam which happened on 27 February 2015 and caused losses of more than US$ 11 million to the nation. [1] The bond scam is also regarded as the largest reported financial scam in Sri Lanka despite the country's reputation of having a solid ...
Even today Kandyan jewellery sets are auctioned off at the best auction houses in the United Kingdom and Europe with a throatlet and necklaces being valued at £5000 to £8000 and the entire sets being sold for prices ranging from £50,000 to £200,000 depending on the design and antiquity of the sets. In Sri Lanka these sets are available on a ...
Reserves of SDR, forex and gold in 2006 A Good Delivery bar, the standard for trade in the major international gold markets. Size of a 100 gram gold bar - packaged inside an assay for proof of authenticity - compared to a playing card. Of all the precious metals, gold is the most popular as an investment.
This is a list of countries by credit rating, showing long-term foreign currency credit ratings for sovereign bonds as reported by the largest three major credit rating agencies: Standard & Poor's, Fitch, and Moody's.
Sri Lanka has also sought an additional $500 million line of credit from India, and began negotiating a credit line of $1.5 billion. Sri Lankan minister of finance Ali Sabry has stated "We are a neutral country. We are a friend to all." [10] In May 2022, Sri Lanka defaulted on its debt for the first time in the country's history. [12]
Sri Lanka closed schools on Monday as heavy rain triggered floods and mudslides in many parts of the island nation, leaving at least 10 people dead and six others missing, officials said.
1982: BOC founded the first merchant bank in Sri Lanka, which was named the Merchant Bank of Sri Lanka. 1987: The bank moved into its 32-storey headquarters. Sri Lankans have nicknamed the building (Pittu bambuwa "පිට්ටු බම්බුව") a Sinhalese term used for a cylindrical cooking implement. The new building enabled the bank ...