BUSINESS

CEB goes ahead with emergency power purchase plan 

The Public Utilities Commission of Sri Lanka (PUCSL) says it has approved the request of the Ceylon Electricity Board for emergency power purchase subject...

Extraordinary Gazette Notification from the CBSL on Export Earnings

The Central Bank of Sri Lanka has issued a special gazette notification imposing rules on the importation of export earnings to Sri Lanka. Accordingly, foreign...

Governor of CBSL explains government talks with IMF

The Governor of the Central Bank of Sri Lanka Ajith Nivard Cabraal has stated that the Government of Sri Lanka will hold discussions with...

Sri Lanka explores the possibility of renegotiating US$ 480 MCC deal

Cash strapped Sri Lanka is now exploring the possibility of negotiating the US$ 480 Millennium Challenge Corporation (MCC) compact which was discontinued by the...

CB Governor‘s move improves macro economy but food prices soaring

The Central Bank of Sri Lanka assures that the current economic downturn will ease and the market will stabilize soon. The Governor of the Central...

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