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- onlanka.com - Category : Breaking News - Relavancy : 1.0

The Sri Lankan Rupee (LKR) has appreciated against the US dollar (USD) today (February 02), according to the Central Bank of Sri Lanka (CBSL).The post Sri Lankan Rupee appreciated against U.S. Dollar on February 02, 2024 appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.

- adaderana.lk - Category : Breaking News - Relavancy : 1.0

President Joe Biden is expected to issue an executive order targeting Israeli settlers in the West Bank who have been attacking Palestinians in the occupied territory, according to four people familiar with the matter.

- colombogazette.com - Category : Breaking News - Relavancy : 1.0

EXCLUSIVE Threaten to push IMF to block next tranche Litigation by bond holders not ruled out Govt. assures will expedite communications Sri Lanka keen on win-win solution   By Easwaran Rutnam Private creditors have threatened to do all it can to persuade the International Monetary Fund (IMF) to hold back the next tranche of funding […]

- island.lk - Category : Breaking News - Relavancy : 1.0

Secretary to the Treasury and Finance Ministry Mahinda Siriwardana has said that even if Sri Lanka achieves the goal of zero corruption, tax revenue will still have to be increased to bridge the budget deficit and lessen the country’s debt burden. Referring to the Supreme Court ruling pertaining to economic management delivered on Nov 14, […]

- island.lk - Category : Breaking News - Relavancy : 1.0

Attorney-at-Law Rajeev Amarasuriya has been appointed to the Governing Board of the Central Bank of Sri Lanka (CBSL). The former Secretary to the Bar Association of Sri Lanka (BASL) was appointed by President Ranil Wickremesinghe, after having received the approval of the Constitutional Council.

- adaderana.lk - Category : Breaking News - Relavancy : 1.0

Attorney-at-Law Rajeev Amarasuriya has been appointed to the Governing Board of the Central Bank of Sri Lanka (CBSL).

- colombogazette.com - Category : Breaking News - Relavancy : 1.0

The Bill and Melinda Gates Foundation is to support the Sri Lankan President’s Office and will also act as partners providing active contributions to the Government of Sri Lanka. The Office of the President plays an important role in the ongoing reform programs by providing guidance on policy issues and monitoring government programs, the Government […]

- adaderana.lk - Category : Breaking News - Relavancy : 1.0

Israeli forces have killed three militants inside a hospital in Jenin, in the occupied West Bank.

- island.lk - Category : Breaking News - Relavancy : 1.0

The Cabinet of Ministers approved the proposal presented by the President in his capacity as the Minister of Finance, Economic Stabilization and National Policies to publish the bill amending the Banking Act No. 30 of 1988 (including provisions to strengthen the existing regulatory standards in areas including Issuance of bank licenses, bank ownership, joint supervision, […]

- island.lk - Category : Breaking News - Relavancy : 1.0

The Cabinet of Ministers approved the proposal made by the Minister of Power and Energy to establish a wind power station on Mannar Island on a build, own and operate (BOO) basis with private sector investors selected on a competitive basis with an operational period of 20 years. Initially the Cabinet of Ministers at a  […]

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- island.lk - Category : Breaking News - Relavancy : 1.0

The Cabinet of Ministers approved the proposal presented by the President in his capacity as the Minister of Finance, Economic Stabilization and National Policies to commence the operations of the Institute of National Credit Insurance. Cabinet approval was granted on 27.04.2021 for the establishment of the Institute of National Credit Insurance for the purpose of […]

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- colombogazette.com - Category : Breaking News - Relavancy : 1.0

Widespread protests and anger is sweeping across the mountains and valleys of Gilgit Baltistan over Pakistan’s government’s myopic decisions which have made life hell for the people of this otherwise beautiful region in the Himalayas. So deep is the frustration among the people that many are crying to become Indians! The immediate trigger for the […]

- island.lk - Category : Breaking News - Relavancy : 1.0

Annually Jaffna district receives around 1.36 billion cubic meters of water through rainfall (Land area 1,025 square km and average annual rainfall of 1326 mm (average 2006-2020)). If at least 30% of this rainfall is collected, retained and recharged the amount of water would be 407 million cubic meters per year. This amount will provide […]

- colombotelegraph.com - Category : Breaking News - Relavancy : 1.0

[…]The post Flight Of Human Capital – A Catastrophic Fait Accompli appeared first on Colombo Telegraph.

- adaderana.lk - Category : Breaking News - Relavancy : 1.0

Sri Lanka s total exports for the year 2023 reached USD 14.49 billion, the Export Development Bank (ED) reported, adding that it is only a minor decline of 0.39% compared to 2022.

- colombotelegraph.com - Category : Breaking News - Relavancy : 1.0

[…]The post Chips Are Everywhere: But Can Sri Lanka Ride The Wave? appeared first on Colombo Telegraph.

- colombotelegraph.com - Category : Breaking News - Relavancy : 1.0

[…]The post RW, IMF & The Economy appeared first on Colombo Telegraph.

- colombogazette.com - Category : Breaking News - Relavancy : 1.0

In a recent agreement, the United States through the United States Agency for International Development’s CATALYZE Private Sector Development (PSD) Activity has extended support to Union Bank, enhancing the bank’s efforts to foster its women-focused financial services. This impactful collaboration will promote financial inclusion by addressing the specific needs of female customers in the ba...

- colombogazette.com - Category : Breaking News - Relavancy : 1.0

The head of the UN agency for Palestinian refugees UNRWA has urged the countries that halted funding to reconsider their “shocking” decision. “UNRWA is the primary humanitarian agency in Gaza, with over two million people depending on it for their sheer survival,” Philippe Lazzarini said. Nine countries, including the UK, earlier paused funding the agency. […]

- adaderana.lk - Category : Breaking News - Relavancy : 1.0

Sri Lanka is aiming to negotiate a debt restructuring with holders of its defaulted US dollar bonds within Âa couple of monthsÂ, the Governor of the Central Bank of Sri Lanka (CBSL) told the Financial Times, despite complaints by private creditors that they are being left in the dark.

- island.lk - Category : Breaking News - Relavancy : 1.0

Saturday 27th January, 2024 Thursday’s tragic accident on the Colombo-Katunayake expressway, where State Minister Sanath Nishantha and his security officer died, has rekindled public debate on road safety. That fatal accident could have been avoided if the driver of the ill-fated vehicle had abided by road rules, we are told. A foreigner was killed yesterday […]

- island.lk - Category : Breaking News - Relavancy : 1.0

President Ranil Wickremesinghe extended an invitation to all political party leaders in the Parliament to engage in discussions with the Managing Director of the International Monetary Fund (IMF) on the implementation of the agreement with the IMF. Emphasizing the importance of unity in leading the country to success, he reiterated that withdrawing from the agreement […]

- colombotelegraph.com - Category : Breaking News - Relavancy : 1.0

[…]The post Challenges In The Forthcoming Presidential Elections appeared first on Colombo Telegraph.

- island.lk - Category : Breaking News - Relavancy : 1.0

By Rathindra Kuruwita Technical and Vocational Education and Training (TVET) neededs to change as the world had transformed with the advent of new technologies, Dr. Harsha Aturupane, World Bank’s lead economist and programme leader for human development for Sri Lanka and the Maldives, said in a televised interview recently. Dr. Athurupane said complex and advanced […]

- island.lk - Category : Breaking News - Relavancy : 1.0

I write this very short note to express my appreciation of Dr. Amali Wedagedara’s article- Surpassing Neo Liberal Fictions towards mission-orientated state (1/19). This is the only sensible article I have read in recent time pertaining to the economic situation facing us. It rekindled in me the pleasure I derived on reading GVS De Silva’s […]

- island.lk - Category : Breaking News - Relavancy : 1.0

In the global political landscape of 2024, Reuters provides a comprehensive overview of key elections shaping the economic and geopolitical landscape across diverse regions. From Europe, where the rise of Eurosceptic far-right parties poses challenges to the European Union’s integration, to Russia, where Vladimir Putin is set for another term amid heightened tensions with the […]

- island.lk - Category : Breaking News - Relavancy : 1.0

By Hiran H.Senewiratne Sri Lanka’s inflation could rise to 7 percent in January 2024 due to the VAT increase, the Governor of the Central Bank of Sri Lanka (CBSL), Dr. Nandalal Weerasinghe warned. Speaking at a special press briefing held yesterday, Dr. Weerasinghe explained that an increase in inflation is likely due to the increase […]

- island.lk - Category : Breaking News - Relavancy : 1.0

By Rathindra Kuruwita Inflation could rise to about 7% in January 2024, Governor of the Central Bank (CBSL), Dr. Nandalal Weerasinghe has said. Addressing the media on the first monetary policy review of 2024, Dr. Weerasinghe said on Tuesday that the increase in the Value Added Tax (VAT) and the increased prices of vegetables due […]

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- colombogazette.com - Category : Breaking News - Relavancy : 1.0

The Monetary Policy Board of the Central Bank of Sri Lanka decided to maintain the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) of the Central Bank at their current levels of 9.00 per cent and 10.00 per cent, respectively. The Board arrived at this decision following a comprehensive assessment of […]

- onlanka.com - Category : Breaking News - Relavancy : 1.0

Sri Lanka's central bank kept interest rates steady on Tuesday, in line with market expectations, forgoing a rate cut as a new tax threatened upward pressure on expenses and fuelled concerns about inflation.The post Sri Lanka central bank keeps policy rates unchanged to tame inflation appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.

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