Sri Lanka CB maintains policy rates
The Monetary Board of the Central Bank of Sri Lanka, at its meeting held on 18 May 2022, decided to maintain the Standing Deposit Facility Rate (SDFR) and the …
Featured
Pour une stratégie crypto intuitive, choisissez IMMEDIATE PEAK. Pour une stratégie crypto énergique, choisissez IMMEDIATE PEAK.
“Rajapaksa government does not support PM Wickremesinghe,” Eran in Parliament
SJB Parliamentarian Eran Wickramaratne said that although Prime Minister Ranil Wickremesinghe had proposed that a female be elected unopposed to the vacant …
Ceylon Chamber meets Party Leaders to discuss economic and political crises
The Ceylon Chamber of Commerce officials met with the leaders of several key political parties during the last 4 days to discuss the serious economic and …
Sri Lankan mutual funds’ outflows rise amid economic turmoil: Fitch
The Sri Lankan mutual fund industry experienced large outflows in March 2022 with total assets under management (AUM) shrinking by more than 8% to LKR178 …
MR and 16 others get overseas travel ban
The Colombo Fort Magistrate’s Court has imposed an overseas travel ban on Former Prime Minister Mahinda Rajapaksa and 16 others. The list includes …
Sri Lanka’s trade deficit widens in Feb 2022 despite above USD 1Bn of export earnings
The momentum of export earnings continued with over US dollars 1.0 billion for the ninth consecutive month in February 2022. Meanwhile, import expenditure also …
Serious concerns of current crisis as outlined by Sri Lanka Shippers’ Council
The Sri Lanka Shippers’ Council expresses its grave concern at the violence unleashed on peaceful protestors in Colombo on 9th May 2022. While recognizing …
“I will resign if political stability is not achieved soon” CB Governor
Sri Lanka’s Central Bank Governor Nandalal Weerasinghe says without political stability in the island, the bank’s steps towards the revival of the …
Secretaries appointed to Ministries of Defence, Public Security and Finance
Three Secretaries have been appointed to the Ministries of Defence, Public Security and Finance from yesterday (10) to ensure the normalcy of the livelihood of …
Sri Lanka: Declaration by High Representative on behalf of EU on latest developments
The European Union (EU) and its 27 Member States are monitoring closely developments in Sri Lanka. The EU condemns the recent vicious attack against peaceful …
Joint Chambers call for appointment of interim PM and cabinet
Joint Chambers together with Institute of Chartered Accountants of Sri Lanka call upon the President to take immediate steps to appoint a competent person as …
Protests at the Naval Base in Trinco
A protest erupted outside the Trincomalee Naval Base as reports have said that former prime minister Mahinda Rajapaksa and some of his family members have …
IGP orders CID to probe attack on “Temple Trees and Galle Face Green”
The Inspector General Of Police has ordered the Criminal Investigations Department to immediately initiate investigations into the incident in which a group of …
Sri Lanka imposes curfew under Section 16 of Public Security Ordinance
Curfew has been imposed on the entire country from 7.00 pm Monday (09) to 7.00 am Tuesday (10) in accordance with the provisions of section 16 of the Public …
Sri Lanka PM steps down triggering cabinet resignations following month long protests
Cabinet Ministers have begun to resign following the resignation of the Prime Minister Mahinda Rajapaksa from his post. Channa Jayasumana and Widura …
Ceylon Chamber calls for immediate action be taken against attacks on protesters
The Ceylon Chamber of Commerce is alarmed by the violent attacks on protestors outside Temple Trees and at Galle Face and calls upon the Government and the …
Due consideration will be given to proposals in compliance with Constitution: President tells BASL
President Gotabaya Rajapaksa stated that he will consider acting in compliance with the Constitution on the proposals put forward by the Bar Association of Sri …
Uncovering the human element in ESG at Kelani Valley Plantations;Report
The challenge of driving meaningful progress in Environmental, Social and Governance (ESG) standards hinges on people more than it does processes or policies. …
New payment terms related to importation of goods gazetted
Regulations have been promulgated under the Imports and Exports Control Act, No. 01 of 1969 and published in the Gazette No. 2278/21 dated 6th May 2022 to …
Year on year food prices increase close to 50-pct: Advocata
Advocata’s Bath Curry Indicator (BCI) , which tracks the monthly changes in the retail price of food, recorded an increase of 14% from March 2022 to …