COVID-19 clouds Sri Lanka’s growth prospects, Projected to fall to 2.2-pct in 2020: ADB
Apr 03, 2020 (LBO) - The Asian Development Bank’s (ADB) flagship annual economic publication, the Asian Development Outlook (ADO) 2020, forecasts …
Apr 03, 2020 (LBO) - The Asian Development Bank’s (ADB) flagship annual economic publication, the Asian Development Outlook (ADO) 2020, forecasts …
Apr 03, 2020 (LBO) – The coronavirus outbreak and the resultant prolonged business disruptions will put additional pressure on Sri Lankan finance and leasing …
Apr 01, 2020 (LBO) - The Commercial Bank of Ceylon of Ceylon has announced it is deploying its ‘Bank-on-Wheels’ Mobile ATM units in areas where curfews are …
Mar 31, 2020 (LBO) – The Monetary Board of the Central Bank of Sri Lanka has decided to introduce a number of measures to provide flexibility to Licensed …
Mar 31, 2020 (LBO) - A host of more financial and material benefits have been granted to low income and vulnerable families and individuals in the face of …
Mar 30, 2020 (LBO) – The Monetary Board of Sri Lanka's Central Bank has decided to introduce several extraordinary regulatory measures to provide flexibility …
Mar 26, 2020 (LBO) – President Gotabaya Rajapaksa has included the Central Bank of Sri Lanka, commercial banks, insurance services, and the Treasury in the …
Mar 26, 2020 (LBO) – Fitch Ratings has revised Sri Lanka's banking sector outlook for 2020 to negative as the coronavirus pandemic poses increased risks to …
Mar 22, 2020 (LBO) – Sri Lanka's Central Bank has requested all Licensed Commercial Banks and Licensed Specialised Banks to keep their branches open at least …
Mar 20, 2020 (LBO) - Trading at the Colombo stock exchange closed at midday as the S&P SL20 index of more liquid stocks fell 11.90 percent or 262.42 points …
I first heard of the BBK Partnership Sri Lanka in 2015. I first spoke with its co-founder Anandan Arnold in 2018, and finally met him in March 2020 at a …
Mar 19, 2020 (LBO) - The Colombo stock market will remain closed for the fourth consecutive day Thursday although an announcement was made that the market will …
Mar 18, 2020 (LBO) – Colombo Chamber of Commerce appeals to curb the spread of COVID-19 in the banking network. The chamber suggests the following steps to …
Mar 18, 2020 (LBO) - The Central Bank of Sri Lanka (CBSL) wishes to inform that the following measures have been adopted by CBSL during the public holiday …
Mar 17, 2020 (LBO) – Sri Lanka's President Gotabaya Rajapaksa orders banks and financial institutions to suspend the recovery of loans to businesses for a …
Mar 14, 2020 (LBO) - The Asian Development Bank (ADB) has allocated a $ 600,000 grant from the Health System Enhancement Project to the Government of Sri Lanka …
Mar 14, 2020 (LBO) - Tighter regulation in Sri Lanka on classification and measurement of credit facilities for finance and leasing companies (FLCs) will …
Mar 13, 2020 (LBO) - President Gotabaya Rajapaksa requested the heads of research organizations to find ways and means to uplift a small country like Sri Lanka …
Mar 12, 2020 (LBO) - The Members of the Commission of the Securities and Exchange Commission of Sri Lanka (SEC) convened a special meeting Thursday to assess …
Mar 12, 2020 (LBO) - The Colombo bourse recovered some of its losses after Wednesdays panic selling which led to the indices falling to an 8 year low, a market …