We will no longer take loans for projects, says Cabinet Spokesman
Dec 01, 2020 (LBO) – Sri Lanka's government has decided not to take loans for projects, Cabinet Spokesman Keheliya Rambukwella said. Speaking at the weekly …
Dec 01, 2020 (LBO) – Sri Lanka's government has decided not to take loans for projects, Cabinet Spokesman Keheliya Rambukwella said. Speaking at the weekly …
Dec 01, 2020 (LBO) – Sri Lanka's cabinet of ministers has decided to extend the validity period of the order issued under the Foreign Exchange Act regarding …
Addressing a special BIMSTEC public event held on 20- 21 November 2020 in Bangkok, Sri Lanka’s Ambassador to Thailand Samantha K. Jayasuriya said that Sri …
Nov 27, 2020 (LBO) – Fitch Ratings has downgraded Sri Lanka's Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'CCC'. Fitch typically does not …
Nov 27, 2020 (LBO) - World Bank’s new Country Director for Maldives, Nepal and Sri Lanka, Faris Hadad-Zervos, completing his first visit to the island said …
Asia Securities Wealth Management (Pvt) Ltd., the investment management arm of Asia Securities, launched the Asia Securities Money Market Fund today. Regulated …
The Asian Development Bank (ADB) and the Government of Sri Lanka today signed a $165 million loan agreement to provide immediate financing support for small …
Nov 26, 2020 (LBO) – Complementing the concessional loans schemes proposed by the Government in the Budget 2021, the Monetary Board of the Central Bank has …
2020 has been a profoundly challenging year for Sri Lanka and the world at large with the COVID-19 pandemic causing an unprecedented crisis, so much so that …
Foreign Secretary Admiral Prof. Jayanath Colombage together with Vice Minister of the Ministry of Foreign Affairs of China, Luo Zhaohui,chaired the …
The new Chairman of Ceylon Asset Management (CAM), Mr. Malaka Bandara highlighted “this is a rare opportunity to invest in SL Sovereign Bonds at discounted …
The Asian Development Bank (ADB) has approved a $165 million loan to Sri Lanka to provide immediate financing support for small and medium-enterprises (SMEs), …
Nov 24, 2020 (LBO) – First Capital Research believes that CBSL will maintain the same policy stance in this monetary policy review, but given the concerns …
Nov 23, 2020 (LBO) – Moody’s Investors Service does not expect Sri Lanka's 2021 budget to provide a meaningful boost to output, while increased spending …
Nov 22, 2020 (LBO) – Opposition Parliamentarian Harsha de Silva says that no other country in the world follows a hybrid accounting system that the Sri …
Nov 20, 2020 (LBO) – The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) organised the Annual Budget Seminar on Thursday which brought …
Nov 20, 2020 (LBO) – Sri Lanka's Foreign Minister Dinesh Gunawardena emphasizes that the current import restrictions are reviewed as the country moves along. …
Nov 19, 2020 (LBO) – The Sri Lanka Automotive Component Manufacturers’ Association has welcomed the 2021 Budget describing it as a ‘new era for local …
Nov 19, 2020 (LBO) – The current import restrictions are having a negative impact on Sri Lankan and European businesses, and on Foreign Direct Investment, …
The Ceylon Chamber of Commerce welcomes the proposals put forward by the Prime Minister in the National Budget 2021 which are business friendly, production …