Tag: SL Government

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Govt to present new budget to meet IMF expectations

The Government is preparing a new budget taking into account the measures proposed by the International Monetary Fund (IMF) to restore debt sustainability in Sri Lanka.

Government plans to tap Indian tourists to revive tourism

Sri Lanka plans to tap Indian tourists to revive the South Asian island’s battered tourism sector and shore up its depleted foreign exchange reserves.

Sri Lanka’s headline inflation to hit 70% in coming months

Sri Lanka’s headline inflation is expected to rise to 70 per cent in the coming months from the current level of 50%, the Governor of the Central Bank of Sri Lanka, Dr. Nandalal Weerasinghe says.

Shinzo Abe: former Japan prime minister confirmed dead after being shot

Japan's former prime minister Shinzo Abe has died in hospital after he was shot at a political campaign event, say local media. Mr Abe was...

Probe the huge profit margins CPC makes on imports, sales of fuel: PUCSL Head

The Public Utilities Commission of Sri Lanka (PUCSL) Chairman, Janaka Rathnayake, today urged the government to investigate the Ceylon Petroleum Corporation (CPC) for making huge profit margins on fuel imports and sales.

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Sri Lanka’s First Post-Crisis Dollar Bond Signals Renewed Investor Faith

Sri Lanka’s return to foreign-currency borrowing took a significant...

HSBC Exit Marks Shift toward Local Dominance in Banking

HSBC’s decision to exit Sri Lanka’s retail banking business—now...

Sri Lanka Set for Strong Market Upswing as Stability, Lift Investor Confidence

Sri Lanka’s capital market is entering its most promising...

New Tariff Policy Aims to End Decades of Protectionist Drift

Sri Lanka is preparing to introduce a landmark national...

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