1 min read
Ishara Nanayakkara-led LOLC Holdings acquired a 9.99% stake in DFCC Bank PLC through the Bank's recently concluded rights issue. "In...
Central Bank of Sri Lanka
1 min read
3 min read
It is unreasonable to claim that the country lost nearly Rs. 500 billion due to the change in tax policies...
1 min read
Sri Lanka's Prime Minister informed the Parliament yesterday that the country's economy is set to contract by 6.5 percent due...
3 min read
The new revenue proposals plan to raise Rs. 295 billion per annum, constituting about 20% incremental revenue assuming last year’s...
1 min read
The Parliamentary Council decided to concur with the recommendation to appoint Anthony Nihal Fonseka as a member of the Monetary...
3 min read
Sri Lanka is looking to fast-track talks with the International Monetary Fund and agree on a loan by mid-June so...
2 min read
The Monetary Board of the Central Bank of Sri Lanka (CBSL), at its meeting held on 18 May 2022, decidedto...
2 min read
Sri Lanka's state-owned petroleum corporation on Thursday re-introduced fuel rationing for vehicles, as the worst economic crisis in decades roils...
1 min read
Sri Lanka will seek additional loans of $300 million to $700 million from the World Bank, the island’s finance minister...
1 min read
In one of the first, the Central Bank of Sri Lanka (CBSL) published the weighted average yields (WAY) of the...
