News

CBSL Directs Banks to Establish Business Revival Units for Struggling Enterprises

October 19, Colombo (LNW) The Central Bank of Sri Lanka (CBSL) has issued a directive to all banks to establish dedicated business revival units...

CEB Clarifies Stance on Competitive Diesel Procurement for Electricity Generation

October 19, Colombo (LNW) The Ceylon Electricity Board (CEB) clarified that its new management has not made any decisions against competitive procurement of diesel...

Sri Lanka Original Narrative Summary: 19/10

The Ministry of Defense has been petitioned in the Court of Appeal, seeking to overturn a directive that requires individuals holding firearms for personal...

Sri Lanka’s Debt Relief Falls Short of Expectations amid New Bond Structure

October 19, Colombo (LNW) Sri Lanka, which entered a crucial debt restructuring agreement in September 2024, initially aimed for a 30% reduction in the...

Tea Production Sees Significant Growth despite Challenges both Locally and Globally   

October 19, Colombo (LNW) Sri Lanka's tea producers have been badly hit by previous government’s order to increase wages by 70%, although the industry...

Popular

spot_imgspot_img