Tag: SL Government

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SL’s banking sector faces asset quality issues amidst higher bad loans

Sri Lanka’s banking sector, already facing pandemic-related asset quality challenges, has been further hit by its increasing exposure to the sovereign debts, several banking and finance analysts claimed.

CID to take over investigation into fake fool proof liquor sticker

The Criminal Investigation Department is set to take over the investigation into alleged malpractices in the introduction of fool proof liquor with QR code for all liquor products without addressing practical issues and mal practices in the implementation of this scheme.

Ambassador of Japan to Sri Lanka meets Commander of the Navy

The Ambassador of Japan to Sri Lanka, H. E. Hideaki MIZUKOSHI met with Commander of the Navy, Vice Admiral Priyantha Perera at the Navy...

India’s Ashok Leyland to supply 500 busses to Sri Lanka

India's heavy commercial vehicle maker Ashok Leyland on Wednesday announced that it has bagged an order from the Sri Lanka Transport Board to supply 500 buses.

New embarkation levies to boost state revenue comes into effect soon

The Sri Lanka government has announced the revision of the embarkation levy to be paid by passengers who leave the country through an international airport or seaport.

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Private Credit Boom Signals Recovery but Tests Sri Lanka’s Stability

Private Credit Boom Signals Recovery but Tests Sri Lanka’s Stability

Police Warn of Rising Blackmail Cases Involving Secretly Filmed Intimate Videos

Police Warn of Rising Blackmail Cases Involving Secretly Filmed Intimate Videos

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