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Milk powder price likely to soar again

News MIAP -
The price of milk powder may have to be increased from tomorrow (30), said the Milk Powder Importers Association said. Accordingly, the increased prices...

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...

Many state media heads to be dismissed – ITN Chief already left

News MIAP -
The Mass Media Ministry has reportedly informed the heads of the Independent Television Network (ITN) and the Selacine Television Institute to resign from their...

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),...

SJB urges to reveal mode of reserve position surge

News MIAP -
The mode in which the foreign reserves amounting to US$ 1.6 billion have surged up to US$ 3.1 billion must be disclosed before the...
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