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‘s Finance Minister should resign; he has no plan: Dhammika Perera

‘s Finance Minister should resign; he has no plan: Dhammika Perera

Newly-appointed Minister of Investment Promotion Dhammika Perera calls for the immediate resignation of Finance Minister Ranil Wickremesinghe. “Sri Lanka’s Finance Minister plans for a disaster. The Minister of Finance has no plan or appetite to resolve the current dollar crisis,” Perera pointed out. “I think for these reasons, the Minister of Finance should resign.” Perera […]

ComBank ranked among world’s Top 1000 banks for 12th consecutive year

The globally-respected UK magazine ‘The Banker’ has once again included the Commercial Bank of Ceylon in its prestigious ‘Top 1000 World Banks’ ranking, making Commercial Bank the only Sri Lankan bank to be ranked among the elite global giants in banking for 12 consecutive years. This ranking of the global who’s who of banking is […]

Sri Lanka’s Security Exchange Commission

SEC overhauls regulations; introduces a Code for Collective Investment Schemes

The Securities and Exchange Commission of Sri Lanka (SEC), the securities market regulator has prepared Rules pertaining to Market Institutions, Market Intermediaries and a Code for Collective Investment Schemes following the enactment of the new Securities and Exchange Commission Act No. 19 of 2021. These Rules which were made in terms of the powers vested in […]

Consular Affairs Division of Ministry of Foreign Affairs Resumes its Regular Services

Consular Affairs Division of Ministry of Foreign Affairs Resumes its Regular Services

Considering the heavy demand for Consular Services and in order to provide for the public needs in this regard, the Consular Affairs Division will be open to the public on all weekdays, Monday to Friday commencing July 04, 2022. The Regional Consular offices in Jaffna, Matara, Kandy, Trincomalee and Kurunegala will also follow the same working […]

CCPI-based headline inflation recorded at 55-pct in June; food inflation at 80-pct

Headline inflation, as measured by the year-on-year change in the Colombo Consumer Price Index increased to 54.6% in June 2022 from 39.1% in May 2022 driven by the monthly increases in both Food and Non-Food categories. Accordingly, Food inflation (Y-o-Y) increased to 80.1% in June 2022 from 57.4% in May 2022, while Non-Food inflation (Y-o-Y) […]

Nandalal Weerasinghe Re-appointed as Central Bank Governor

The Central Bank announces that President Gotabaya Rajapaksa has re-appointed Dr. P. Nandalal Weerasinghe as the Governor of the Central Bank for a further term of six years, with effect from 4th July 2022. The relevant appointment letter was handed over to Dr. Nandalal Weerasinghe by President Gotabaya Rajapaksa, at President’s House in Colombo, today […]

Russian Ambassador calls on Foreign Minister Peiris

Ambassador of the Russian Federation to Sri Lanka, Yury Materiy, called on the Minister of Foreign Affairs, Professor G.L. Peiris yesterday at the Ministry of Foreign Affairs. Foreign Minister Peiris and Ambassador Materiy discussed several issues aimed at enhancing the multi-faceted bilateral relations which celebrated its 65th anniversary in 2022. Foreign Minister Peiris briefed Ambassador […]

CFA Capital Market Awards 2022 fetes best in the investment profession

The ninth annual CFA Capital Market Awards, organized by the CFA Society Sri Lanka, was held on Wednesday (29 June) at the Oak Room of Cinnamon Grand Colombo, recognizing and rewarding excellence in the local capital markets, with this year’s event focusing on the theme ‘Blockchain Revolution in Sri Lanka’s Capital Market’. Delivering the opening […]

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