BUSINESS

More dollars pour into CB’s fund for essential imports 

More dollars are pouring into the fund set up by the Central bank to collect a few dollars more for the use of the...

IMF,WB ,ADB and other donors ask SL to restore social stability 

The Ministry of Finance says international financial institutions (IFIs), including the IMF, the ADB and the World Bank, have emphasized the importance of maintaining...

Film star Jacqueline Fernandez’s assets frozen in  money-laundering case

Sri Lankan actress turned  Indian film star Jacqueline Fernandez’s assets worth Rs 7 cr frozen in connection with Sukesh’s money-laundering case.  Rs 7-crore fixed deposit...

Sri Lanka’s several top corporates affect by stressed environment:

Some rated Sri Lankan corporates are more affected by the challenging macroeconomic environment stemming from the Sri Lanka sovereign’s distressed credit profile, Fitch Ratings...

CB to  gradually relax forced conversion rule of export proceeds

Sri Lanka plans to remove a forced conversion rule of services exports as part of plans to gradually relax controls imposed on earnings of...

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