Cabinet approves new orders for ‘Special Deposit Accounts’
Oct 07, 2020 (LBO) – The approval of the Cabinet of Ministers was granted at their meeting held in April 2020 for the issuance of orders under the …
Oct 07, 2020 (LBO) – The approval of the Cabinet of Ministers was granted at their meeting held in April 2020 for the issuance of orders under the …
Oct 02, 2020 (LBO ) – A panel of eminent economists urged that the Government take credible and decisive action to prevent a painful debt crisis in Sri …
Sep 30, 2020 (LBO) – The Advocata Institute has launched its latest public policy discussion series ‘DeepDive’. This series commences …
Sep 15, 2020 (LBO) – Economies across developing Asia will contract this year for the first time in nearly six decades but recovery will …
Sep 11, 2020 (LBO) – Mastercard has announced a proprietary virtual testing environment for central banks to evaluate Central Bank Digital Currencies (CBDCs) …
Aug 20, 2020 (LBO) – The Monetary Board of the Central Bank of Sri Lanka, at its meeting held on 19 August 2020, has decided to maintain the SDFR and the …
Aug 19, 2020 (LBO) – First Capital Research (FCR) says that the Central Bank either can choose to hold policy rates steady or cut by 25 bps or 50 bps while a …
Aug 18, 2020 (LBO) – CEAT Kelani Holdings has announced that in response to the Government’s policies to develop domestic industry, it has stepped …
Aug 07, 2020 (LBO) – Sri Lanka’s gross official reserves have improved to 7,102.0 million US dollars by the end of July from 6,693.2 million dollars in …
Aug 06, 2020 (LBO) – Sri Lanka’s GDP growth rate for the first quarter of 2020 has been estimated as 1.6 percent of negative growth rate, when …
Jul 23, 2020 (LBO) – The Tile & Sanitaryware Importers Association (TSIA), Sri Lanka’s main body established to address the grievances of tile and …
Jul 09, 2020 (LBO) – The Monetary Board of the Central Bank has decided to reduce the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility …
Jul 06, 2020 (LBO) – The Central Bank, in consultation with the Government of Sri Lanka, has introduced the Saubagya Covid-19 Renaissance Loan Scheme to …
Jul 02, 2020 (LBO) – The year on year inflation as measured by the Colombo Consumer Price Index (CCPI) is 3.9 percent in June 2020 and inflation …
Jun 30, 2020 (LBO) – First Capital Research (FCR) believes that there is a higher likelihood of 90% that CBSL may provide a rate cut to ensure the continued …
Jun 25, 2020 (LBO) – Ajith Nivard Cabraal, advisor to the Prime Minister on Economic Affairs says that Sri Lanka should aim for V-shaped economic …
Jun 19, 2020 (LBO) – First Capital Research allocates a policy rate cut expectation of 100bps bringing the SDFR and SLFR to 4.50% and 5.50%, respectively. …
Jun 16, 2020 (LBO) – The Monetary Board of the Central Bank has decided to reduce the Statutory Reserve Ratio (SRR) applicable on all rupee deposit …
Jun 02, 2020 (LBO) – The deficit in the trade account narrowed in March 2020 to US dollars 549 million, from US dollars 592 million in March 2019, as the …
May 24, 2020 (LBO) – President Gotabaya Rajapaksa yesterday asked Indian Prime Minister Narendra Modi to help Sri Lanka by providing a special SWAP facility …