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 Consolidation of Non-Bank Financial Institutions expedited

 Sri Lanka’s Masterplan for Consolidation of Non-Bank Financial Institutions is now being implemented expeditiously, Central Bank announced to day (Monday 31)    Under this   Masterplan nine finance...

CB’s dollar revenue proposal to allow vehicle imports puts into to back burner   

The Central Bank’s proposal to allow vehicle imports for persons who can pay in foreign exchange to import vehicles and pay taxes in hard...

Sri Lanka foregoes US$1.04 billion in man –made crop disaster

Sri Lanka’s unplanned shift to organic farming from chemical based agriculture practices has triggered a man-made crop disaster and incurred a massive loss of...

CEB to buy fuel directly from LIOC amidst imminent 4 hour power cut      

In the wake of fuel short supply due to the dollar crisis, Ceylon Electricity Board (CEB) is preparing to purchase fuel directly from the...

Illegal foreign employment racket of a language academy busted   

Sri Lanka Foreign Employment Bureau (SLFEB) has busted an illegal foreign employment racket being carried out under the guise of conducting Japanese language classes,...

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Weighing Costs and Risks: Sri Lanka’s Emergency IMF Loan Under Scrutiny

 Sri Lanka’s emergency request for $200 million from the...

Sri Lanka’s IMF Emergency Borrowing: Expensive Shortcut or Necessary Relief?

 Sri Lanka’s decision to seek emergency financing from the...

Western Province Dominates GDP, Other Regions Show Steady Gains

Sri Lanka’s Western Province retained its position as the...

Media Freedom Intact, Action Needed Against Fake News – Minister Nalinda Jayatissa

Media Minister Nalinda Jayatissa has rejected allegations that the...
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