BUSINESS

Reserve position surge claimed by CBSL Chief like ‘Cobra appeared out of Kelani River’

BUSINESS MIAP -
The spontaneous surge of the foreign reserve position to US$3.1 billion claimed by the CBSL Governor is merely a media showoff resembling the 'Cobra...

25 per cent of dollar reserves in commercial banks to be transferred to CBSL

BUSINESS MIAP -
25 per cent of dollar reserves possessed by commercial banks in Sri Lanka must be transferred to the Central Bank of Sri Lanka (CBSL),...

Foreign reserves rise to 3.1 billion – Cabraal announces in a Tweet

BUSINESS CN -
At present Sri Lanka's official foreign exchange reserves have increased to US $ 3.1 billion. The Governor of the Central Bank Ajith Nivard Cabraal...

Building a technology hub in Sri Lanka

BUSINESS CN -
PreambleI was mooted to write a review of the proceedings of the recent webinar that was organised by SLID. The initiative of building a...

Sri Lanka goes ahead with the decision to shut three overseas missions

BUSINESS CN -
Sri Lanka is to go ahead with a decision to temporarily close three overseas missions from Friday, 31 December 2021. The Foreign Ministry said that...
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