Central Bank extends grace period of Working Capital Loan Scheme from 6 to 9 Months
Nov 06, 2020 (LBO) – Having considered the importance of facilitating and encouraging borrowers to repay the loans without any failure, the Central Bank has …
Economy
CCC to host first-ever virtual Sri Lanka Eco Summit 2020
The Ceylon Chamber of Commerce will be organizing the 20th Sri Lanka Economic Summit (SLES) on the 1st and 2nd of December 2020 and will be conducting the …
Central Bank projects Sri Lanka economy to contract by 1.7-pct in 2020, grow by 5.0-pct in 2021
Nov 01, 2020 (LBO) – Sri Lanka's Central Bank projects the economy to contract by 1.7 percent in 2020, reflecting the impact of the pandemic induced fallout, …
Special arrangements to provide uninterrupted EPF related services
Oct 29, 2020 (LBO) – EPF Department of the Central Bank informs all its stakeholders on the arrangements that have been made to provide its services …
World Bank Country Director meets Central Bank Governor
Oct 23, 2020 (LBO) – The World Bank Country Director for Maldives, Nepal, and Sri Lanka, Faris Hadad-Zervos, accompanied by the World Bank Country Manager …
Export companies in Gampaha District & curfew areas can operate: EDB
Oct 22, 2020 (LBO) – Export companies in the Gampaha district can continue to operate during the curfew period strictly following the Covid 19 health …
Unexpected COVID-19 cluster could somewhat affect near term growth momentum: CBSL
Oct 22, 2020 (LBO) – The Sri Lankan economy is expected to move along a faster recovery path, despite the latest surge in COVID-19 cases locally that could …
Central Bank approves Rs. 178bn worth loans through Saubagya Renaissance facility
Oct 16, 2020 (LBO) – Sri Lanka's Central Bank has thus far approved 61,907 loans amounting to Rs. 178 billion so far under the three Phases of the Saubagya …
SL’s Foreign Minister calls for advancing e-commerce and e-governance in Commonwealth states
Oct 15, 2020 (LBO) - Foreign Minister Dinesh Gunawardena leading the Sri Lanka delegation to the 20th Virtual Commonwealth Foreign Affairs Ministers Meeting …
President to create market with higher price for farmers and low for consumers
Oct 15, 2020 (LBO) - President Gotabaya Rajapaksa emphasizes the requirement of establishing a market that guarantees higher prices for farmers and a …
EDB facilitates continuous operations of exporters in curfew areas
Oct 15, 2020 (LBO) – Sri Lanka Export Development Board (EDB) is providing facilitation to ensure that the operations of non-BOI, export industries located …
Opinion: Disproportionate impact of COVID-19 on women in Sri Lanka
Shihara Maduwage Media and Communications Officer, EQUAL GROUND For months, Sri Lanka has been celebrated as a nation that succeeded in containing the spread …
Tax on essential goods removed
With due consideration to the current cost of living and difficulties associated with COVID – 19 the Government has removed import duties on essential …
Sri Lanka’s merchandize exports surpass USD 1 billion mark in September
Oct 13, 2020 (LBO) – Sri Lanka’s merchandize exports have surpassed the US$ 1 billion mark in September after July during this year, statistics of the …
Sri Lanka trade deficit improves in Aug 2020
Oct 12, 2020 (LBO) - Sri Lanka's trade deficit improved on a year-on-year basis with the deficit in the trade account in August 2020 narrowing to US dollars …
China grants RMB 600Mn for medical care, education, water supply, etc. in rural areas
Oct 12, 2020 (LBO) - Sri Lanka and China signed an agreement on economic and technical cooperation for providing RMB 600 million (Rs. 16.5 billion) in grant …
Sri Lanka and China discuss economic revival and COVID-19 assistance
Oct 11, 2020 (LBO) - As part of the Government’s sustained efforts at strengthening neighbourly relations, the Foreign Ministry facilitated on Friday (9/10) …
WB says SL economy to contract by 6.7-pct in 2020, Smart policies for informal workers key for recovery
Oct 08, 2020 (LBO) - The COVID-19 crisis in Sri Lanka has substantially clouded the outlook and exacerbated an already challenging macroeconomic situation with …
Chinese delegation to visit Colombo today
Oct 08, 2020 (LBO) - A high-powered Chinese delegation led by former Chinese Foreign Minister and the current Communist Party Political Bureau member his …
Cabinet approves new orders for ‘Special Deposit Accounts’
Oct 07, 2020 (LBO) - The approval of the Cabinet of Ministers was granted at their meeting held in April 2020 for the issuance of orders under the foreign …