Tag: CBSL

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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...

Grace period of 03 months to settle US$200 million debt from Bangladesh

The Central Bank of Bangladesh has agreed to grant a grace period of three months to settle the US$ 200 million debt obtained under...

CB adds merry to season with extra incentives for workers’ remittances

Cash strapped Sri Lanka is making untiring efforts to boost its foreign reserves trying anything and everything in and outside the book to boost...

Central Bank expects foreign reserves over US $3 billion within a week

The Central Bank says  that the measures being taken at present will ensure that by end of 2021 official reserves will remain above US...

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Ban the Bag? Lessons from Britain—and Sri Lanka’s Reality Check

By Roger Srivasan Introduction I was born in the Northern part...

Dhammika part sells ComBank stake for Rs. 5.5 b

Business leader Dhammika Perera yesterday part sold his stake...

Colombo Port Achieves Record Profit in 2025 amid Strategic Expansion

The Port of Colombo has reported a record net...

CEB’s Proposed 6.8% Tariff Hike: Justified Reform or Unwarranted Burden?

Sri Lanka’s state-run Ceylon Electricity Board (CEB) has proposed...

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