Fitch Ratings: Is Sri Lanka Headed for Default?
Sri Lanka’s external liquidity position remains stressed, with USD26 billion in sovereign foreign-currency obligations coming due between now and 2026, …
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Empower your business in Sri Lanka and internationally with Prifinance expert corporate and financial services. Streamline company formation and investment opportunities with our tailored advice and solutions.Sri Lanka’s external liquidity position remains stressed, with USD26 billion in sovereign foreign-currency obligations coming due between now and 2026, …
The Monetary Policy Consultative Committee (MPCC) of the Central Bank has been reconstituted with effect from 5 October 2021. The reconstituted MPCC comprises …
Transparency International Sri Lanka (TISL) once again draws the attention of the general public to the serious concerns that were brought to light by the …
Export Advisory Committees have been appointed by the trade minister covering 24 sectors for a period of 5 years (from 2021 to 2026). In terms of Section 10 of …
State Minister of Regional Cooperation Tharaka Balasuriya, along with the Chairman of the Board of Investment Sanjay Mohottala, carried out a series of …
The Monetary Board has decided to maintain the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) of the Central Bank at their …
First Capital Research believes that the Central Bank may consider maintaining the same policy stance in this policy review but given the considerable …
Sri Lanka’s official reserves were 2.6 billion US dollars (USD 2,581.3mn) by the end of September, down from 3.5 billion US dollars in August, the latest …
There is a good reason why digitalisation is a top priority for banking. When done correctly, it enables paradigm shifting improvements in customer experience …
Regulating prices: from price mandates to more competition The government recently removed the maximum retail price (MRP) on rice with a decision to import a …
Sri Lanka’s economy is projected to grow by 3.3 percent in 2021, but the medium-term outlook is clouded by pre-existing macroeconomic weaknesses and the …
Sri Lanka's Central Bank on Friday outlined the key measures and tools they will use to ensure macroeconomic & financial system stability in the country …
Sri Lanka’s Central Bank has decided to discontinue the 100 percent cash margin deposit requirement against the importation of selected goods of …
Sri Lanka's Central Bank requests the government to tax profits of exporters at 28 percent and not 14 percent where forex is not repatriated & converted. …
Sri Lanka's government and the Asian Development Bank (ADB) today entered into a Memorandum of Understanding to hold the 55th Annual Meeting of the ADB in …
The Central Bank is to announce “A Six-Month Road Map for Ensuring Macroeconomic & Financial System Stability” on Friday, 01 October 2021. Accordingly, …
The Auditor General was not given the assignment to carry out the Forensic Audits, a recently released statement from the Central Bank said. "But instead, two …
Steps must be taken to strengthen the systems to ensure monitoring and to implement measures that lead to the complete repatriation and conversion of export …
The Colombo Stock Exchange (CSE) announces the appointment of Asanga C. Seneviratne as a Director of the CSE Board with effect from 23rd September 2021. …
Sri Lanka’s merchandise exports in August 2021 recorded an increase of 14.4 % to US$ 1,083.56 Mn as compared to US$ 947.2 Mn recorded in August 2020 as per …