The Central Bank of Sri Lanka (CBSL) has directed licensed commercial banks and licensed specialized banks (hereinafter referred to as licensed banks) to extend the debt moratorium to COVID-19 affected businesses and individuals...
In line with the government’s policy of developing regional industrialization, the Board of Investment (BOI) of Sri Lanka recently entered into a supplementary agreement with Jay Jay Mills Lanka, to lay foundation to...
In an era of disruptive technology, mobility, intelligent connectivity and smart devices that enable the country’s development, agile innovation with fast optical technology is critical to sustain a thriving digital ecosystem. It enables...
In August 2021, Sri Lanka received its share of the global SDR allocation by the IMF and the initial disbursements under the bilateral currency swap arrangement between the Central Bank of Sri Lanka...
Capital Alliance Limited (CAL) – one of Sri Lanka’s leading full-service investment solution providers – introduced Video KYC (Know Your Customer) via their CAL Customer Portal to facilitate paperless, digital signature backed onboarding for investment products,...Read more
In early trade today, the All Share Price Index (ASPI) surpassed 9000 points. According to the Colombo Stock Exchange (CSE), the ASPI has reached a new high for the first time in market history. The ASPI...Read more
The Finance Bill debated in Parliament on Thursday (07) was passed with amendments by a majority vote. During the second reading of the Bill, Chief Opposition Whip Lakshman Kiriella called for...Read more
The emergency regulations on essential food supply formulated as per section 5 of the Public Security Ordinance were declared in a gazette, as per the powers vested in terms of section...Read more
COVID-19 vaccinations for people aged 20 to 29 in the Colombo, Gampaha, Kalutara, and Galle districts will begin today (Sept. 06), according to the head of the National Operation Centre for...Read more
An oximeter's maximum retail price has been fixed at Rs 3,000, according to a gazette notification. As a result of the increased demand for oximeters, their price has just surpassed Rs...Read more
Chairman of the National People's Congress (NPC) Standing Committee (Hon. Speaker of the Parliament of the People's Republic of China) H.E. Li Zhanshu assured Hon. Speaker of Parliament Mahinda Yapa Abeywardena...Read more
The report submitted by the three-member committee, appointed by the Hon. Minister of Public Services, Provincial Councils and Local Government to review the Local Government Election system was taken into consideration...Read more
As part of the economic diplomacy programme of the High Commission, the High Commissioner of Sri Lanka to Kenya Velupillai Kananathan, visited ...Read more
Central Bank of Sri Lanka: Headline inflation, as measured by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index (CCPI, 2013=100), increased to 6.0 percent in August 2021 from 5.7 percent in July 2021. This...Read more
S&P Global cut Sri Lanka's CCC+ sovereign rating outlook to negative from stable on Friday, warning the government may find it increasingly difficult to finance itself over the next 12 months. "The negative outlook reflects our...Read more
Q Khan thrilled to be owner of Dambulla Giants, a formidable team in the LPL Innovative Production Group (IPG) FZE,...Read more
|Date: 17/08/2021||Source: CBSL|