Seylan Bank opens INR Nostro account to catalyse Indo-Lanka trade
Seylan Bank recently announced the opening of an Indian Rupee (INR) Nostro account with Indian Bank, Mumbai. This development will allow importers and …
Seylan Bank recently announced the opening of an Indian Rupee (INR) Nostro account with Indian Bank, Mumbai. This development will allow importers and …
The Department of Census and Statistics (DCS) states that the year-on-year GDP growth rate for the year 2022 has been estimated as a 7.8 percent negative …
Even though the present government said no, the Samagi Jana Balawega emphasized from the beginning that this country needs some sort of agreement and financial …
First Capital maintains the domestic debt restructuring (DDR) probability at 20%, highlighting that the domestic debt restructuring probabilities stand low for …
On 14th March 2023, the UK government held a series of events in Colombo for their new trade preferences scheme - the Developing Country Trading Scheme (DCTS), …
The Central Bank Executive Officers' Union (CBEOU) requests the Speaker and all the members of Parliament to seriously consider the concerns of CBEOU and take …
The World Bank Group (WBG) is preparing its new partnership framework with Sri Lanka for the 2023–2026 period. The process involves consultations with a …
HNB Deputy General Manager - Retail and SME Banking, Sanjay Wijemanne As more Sri Lankans face concerns over their personal financial security, and that of the …
On the occasion of Commonwealth Day, the Commonwealth of Nations Flag for Peace was raised on 13 March 2023 by State Minister of Foreign Affairs Tharaka …
The Long-Term Local-Currency IDR would be further downgraded if the government announces plans to restructure or defaults on its local-currency debt, says …
A high-profile team from Ekva LLC,a US company with strong Sri Lankan roots will launch their accelerator in mid-March in a bid to strengthen, support and grow …
The Government of Japan has contributed an additional US$6.6 million to the United Nations World Food Programme (WFP) to provide critical food and nutrition …
The Deputy Ambassador of the Chinese Embassy in Colombo Hu Wei officially presented the financial assurance letter issued by the Exim Bank of China to Mahinda …
Financial Institutions (FIs) have so far approved over 3.3 million requests for concessions, amounting to a total of Rs. 5,994 billion during the different …
Fitch Ratings has maintained Capital Alliance Investment Grade Fund's National Fund Credit Quality Rating of 'Af(lka)' and National Fund Market Risk …
Hambantota International Port's (HIP) industrial park will expand its industrial park’s scope to include 90+ diverse industrialized classes within its …
The Monetary Board of the Central Bank has decided to raise the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) of the Bank …
President Ranil Wickremesinghe emphasized that the only way to bring about a change of government is through a parliamentary election and not through street …
The tax package, including the new tax rate schedule for personal income tax, is in line with international comparison, defending the government's new tax …
Transparency International Sri Lanka (TISL) welcomes the landmark determination of the Court of Appeal this week that affirms the order of the Right to …