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Sri Lanka private sector credit down on anticipation of rate decline

By: Staff Writer Colombo (LNW): Sri Lanka’s private sector credit growth has been on the decline due to expectations of market interest rates falling, Central...

CB says “good progress” made on IMF – EFF quantitative targets.

By: Staff Writer Colombo (LNW): Central bank governor Nandalal Weerasinghe dismissed concerns over Sri Lanka purportedly failing to meet a number of commitments made...

Colombo Port City receives approval for Businesses of Strategic Importance

By: Staff Writer Colombo (LNW): Colombo Port City Commission has received the parliamentary approval for its proposal to implement a comprehensive incentives programme in consultation...

Dutch State Secretary to sign ownership transfer of colonial-era treasures

By: Staff Writer Colombo (LNW): A Dutch cultural delegation is scheduled to visit Sri Lanka from August 27 - 31 to sign the legal document...

Central Bank to issue circular pertaining to market lending rates today

By: Staff Writer Colombo (LNW):Sri Lanka kept its key interest rates unchanged in a surprise move on Thursday but announced caps on lending rates in...

Breaking

Star Garments Expands to Africa amid Sri Lanka Apparel Sector Struggles

Star Garments Expands to Africa amid Sri Lanka Apparel Sector Struggles

Sri Lanka’s Tea Exports Surge in May despite Mixed Market Trends

Sri Lanka’s Tea Exports Surge in May despite Mixed Market Trends

Sinopec Hambantota Oil Refinery Delayed Over Local Market Share Dispute

Sinopec Hambantota Oil Refinery Delayed Over Local Market Share Dispute

Young group rescued after going missing in Hanthana Mountains amid adverse weather

Young group rescued after going missing in Hanthana Mountains amid adverse weather
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