Tag: CBSL

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Government’s revenue to miss the expected target in the New year

Government’s revenue proposals  for  2022 appears to be more of a stop-gap move  rather than one that sets out a framework on how revenues...

Debt moratorium for Covid-19 affected borrowers extended

In what is seen as the latest move to extend relief to the pandemic-affected borrowers, the Central Bank has asked the banks to extend...

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

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

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

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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CID Bypasses Navy Act in Ulugetenne Case, Sparking Security Concerns: Analyst

By:Staff Writer August 14, Colombo (LNW): A constitutional and national...

Cashew Industry in a Crunch amid Rising Demand and Bureaucratic Hurdles

By:Staff Writer August 14, Colombo (LNW): Sri Lanka's strategic plan...

Kerawalapitiya Power Deal Faces Misleading Data Claims

By:Staff Writer August 14, Colombo (LNW): Major power purchase agreement with...

Why Trump’s Tariff Isn’t Really 20%, closer to 28% — and the Risks of Reciprocity for Sri Lanka

By Adolf The recent US tariff announcement, according to IPS...

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