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Central Bank grants concessions to affected Borrowers of Licensed banks
With the outbreak of the COVID-19 pandemic, the Central Bank of Sri Lanka (CBSL) has introduced several concessionary schemes since March 2020, to assist affected borrowers
Veteran broadcaster Pradeep Amirthanayagam appointed again to People’s Leasing Board
Pradeep Amirthanayagam has been appointed as an Independent Non-Executive Director of the Board of the People’s Leasing and Finance PLC with effect from 15 July.
Present administration to resurrect the collapsed economy soon
The present administration has taken every possible step to resurrect the collapsed economy amidst social unrest and unprecedented challenges to bring back the day to day activities to normalcy easing fuel and food crisis to a certain extent , official source said.
IMF hopes to complete Sri Lanka aid talks ‘as quickly as possible’
The International Monetary Fund hopes to complete rescue talks with Sri Lanka “as quickly as possible,” Managing Director Kristalina Georgieva said on Wednesday, hours before the crisis-hit South Asian nation elected a new president.
Sri Lanka crisis: Is India gaining over China in island nation?
During the ongoing anti-government protests in Sri Lanka, protesters shouted slogans targeting former president Gotabaya Rajapaksa and his family. But they also raised chants against India.