CBSL creates new department to facilitate & streamline workers’ remittances
Sri Lanka's Central Bank has established a new department named "Foreign Remittances Facilitation Department" (FRFD) to facilitate and streamline workers' …
Sri Lanka's Central Bank has established a new department named "Foreign Remittances Facilitation Department" (FRFD) to facilitate and streamline workers' …
The Chartered Accountancy profession must use its position of trust to act on tackling the challenges of the recovery after Covid-19 and on building towards a …
Secretary to the President P. B. Jayasundera said that he believes a budget with a new vision and programme that goes beyond the traditional budget will be …
Headline inflation, as measured by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index, increased to 7.6 percent in October 2021 from 5.7 …
The Monetary Board of the Central Bank has issued new rules, in respect of repatriation of export proceeds into Sri Lanka and conversion of such export …
Moody's Investors Service ("Moody's") has downgraded the Government of Sri Lanka's long-term foreign currency issuer and senior unsecured debt ratings to Caa2 …
Independent research institute and think tank in Sri Lanka, Verité Research highlights that the level of openness of government agencies is a major concern in …
Lanka Credit and Business Finance Limited (LCBF) initial public offering (IPO) for a total issue of 125,000,000 ordinary voting shares at an issue price of …
The Central Bank on Tuesday revealed the progress of securing foreign exchange inflows and highlighted a series of direct engagements that the Sri Lankan …
Capital Alliance (CAL) is empowering private investors with the chance to capitalize on investment opportunities by subscribing to Initial Public Offerings …
First Capital Treasuries PLC, Sri Lanka’s leading non-bank primary dealer recently announced the firm’s intention to enter an Initial Public Offering …
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 …