Sri Lanka raise rates, slows lending
Sri Lanka's central bank on Friday raised its key interest rate for the first time in five years and asked commercial banks to reduce lending in the face of a worsening trade deficit.
Sri Lanka's central bank on Friday raised its key interest rate for the first time in five years and asked commercial banks to reduce lending in the face of a worsening trade deficit.
The new Bill on electricity sector reforms will be gazetted in the next two weeks, Minister of Power and Energy Kanchana Wijesekera said.
Assets worth more than Rs. 100 million  including two multi-day fishing craft, three-wheelers, motorcycles and plots of land  owned by underworld figures have been confiscated.
In the wake of vessel re-routings aimed at avoiding the Red Sea, bunker demand across ports in both India and Sri Lanka has witnessed a significant surge, highlighting a growing challenge for the maritime industry.
An online platform enabling the swift removal of websites, photos, and videos containing or potentially containing instances of child sexual abuse was launched yesterday (March 28) at the Presidential Secretariat under the patronage of Sri Lankan President Ranil Wickremesinghe.The post Online platform targeting swift removal of child sexual abuse content launched appeared first on ONLANKA - Sri La...
The Cabinet of Ministers has accepted the proposal to suspend the Special Commodity Levy Act from 01 January 2025, says Finance State Minister Ranjith Siyambalapitiya.
The railway operations on the Coastal Line are experiencing delays on Friday (29), Saturday (30) and Sunday (31), the Department of Railways said.
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