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The Bangladesh Bank, the central bank of Bangladesh, has instructed banks in the country to refrain from transactions with Sri Lanka through the ACU system, foreign media reported.The post Bangladeshi banks asked to stop ACU transactions with Sri Lanka appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Bangladeshi banks asked to stop ACU transactions with Sri Lanka (Category: Breaking News)
- Sri Lanka’s forex reserves further hit by Bangladeshi move (Category: Breaking News)
- Sri Lanka given more time to repay Bangladesh’s $200 Million loan (Category: Breaking News)
- Indian Government allows Sri Lankans to hold $10,000 worth of rupee in cash (Category: Breaking News)
The Bangladesh Bank, the central bank of Bangladesh, has instructed banks in the country to refrain from transactions with Sri Lanka through the ACU system, foreign media reported.
The Asian Infrastructure Investment Bank (AIIB), in its annual financial report, has outlined a fund of USD 100 million for crisis-hit Sri Lanka.The post AIIB outlines USD 100 million fund for Sri Lanka appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- AIIB outlines USD 100 million fund for Sri Lanka (Category: Breaking News)
- AIIB considering a grant of USD 100 million to Sri Lanka (Category: Breaking News)
- AIIB considering a grant of USD 100 Million to Sri Lanka (Category: Breaking News)
- AIIB willing to finance USD 220 mn for Sri Lanka s energy development projects (Category: Breaking News)
The Asian Infrastructure Investment Bank (AIIB), in its annual financial report, has outlined a fund of USD 100 million for crisis-hit Sri Lanka.
[…]The post UK’s Bumpy Fall, Change Of Guard & Lessons Beyond! appeared first on Colombo Telegraph.
- UK and EU reach post-Brexit trade agreement after months of negotiations (Category: Breaking News)
- UK and EU reach post-Brexit trade agreement after months of negotiations (Category: Breaking News)
- UK parliament passes Boris Johnson’s Brexit deal (Category: USA, New York)
- UK parliament passes Boris Johnson’s Brexit deal (Category: USA, New York)
The shrinking value of the currencies of most developing economies is driving up food and fuel prices in ways that could deepen the food and energy crises that many of them already face, according to the World Bank’s latest Commodity Markets Outlook report.The post Currency depreciations risk intensifying global food, energy crisis – World Bank appeared first on Sri Lanka News - Latest Break...
- Sri Lanka a ‘warning sign’ for countries with high debt levels and limited policy space – IMF (Category: Breaking News)
- No inflation respite for Asia despite fall in food, fuel prices (Category: Business)
- Recession risk unless oil prices fall further (Category: Business)
- World Bank’s Malpass, IMF’s Georgieva see rising risks of Global Recession (Category: Breaking News)
Quality of public buses is low - except on expressways - due to regulated pricing and a rigid licensing system.
- Serial bus yobs ban (Category: South Australia)
- SLTB to deploy 500 more buses (Category: Breaking News)
- Express Travel (Category: Business)
- Electric buses to be on Albuquerque streets (Category: USA, New Mexico)
Thursday 27th October, 2022 The biggest problem ordinary Sri Lankans are grappling with, amidst the national feeling of doom and gloom, is keeping the wolf from the door. Besides, the state coffers are empty and foreign currency reserves extremely low. The country continues to be mired in debt with no prospect of recovery in the […]
- PAFFREL wants Speaker to act (Category: Breaking News)
- Passage of 22A: Jayasumana asks Speaker to remove dual citizens from Parliament (Category: Breaking News)
- Diana’s ouster (Category: Breaking News)
- Diana ousted, focus now on dual citizens in Parliament (Category: Breaking News)
* Sources fresh fruits and vegetables from a network of over 5,000 farmers * Contributes over 14% of the national milk production * Expanding network generates thousands of livelihood opportunities by Sanath Nanayakkare The home-grown Sri Lankan brand, Cargills Food City, marked another milestone yesterday with the opening of its 500th retail outlet in Akuregoda, […]
- Effective supply chain management benefits end-consumer: CB Governor (Category: Breaking News)
- US based T.G.I Friday's to open a restaurant chain in Sri Lanka (Category: Breaking News)
- Cargills Food City Maradana employee infected (Category: Breaking News)
- Cargills Food City Maradana employee infected (Category: Breaking News)
The Colombo Magistrate’s Court today granted bail to former Governor of the Central Bank of Sri Lanka, Ajith Nivard Cabraal but extended an overseas travel ban on him until 24 November. The ban was imposed over a case filed by former Southern Province Governor Rajitha Keerthi Tennakoon. The former Central Bank Governor was accused of […]
- Overseas travel ban on Cabraal further extended (Category: Breaking News)
- Overseas travel ban on Cabraal extended (Category: Breaking News)
- Overseas travel ban on Cabraal extended (Category: Breaking News)
- Overseas travel ban on Cabraal extended (Category: Breaking News)
Only 69bn rupees out of 80 billion sold
- Sri Lanka sell Rs60bn mostly in 3-month bills, yield up (Category: Breaking News)
- Sri Lanka sells Rs80bn in mostly 3-month bills, down 18bp (Category: Breaking News)
- Sri Lanka 3-month Treasuries yield up 107bp, not all offered bills sold (Category: Breaking News)
- Sri Lanka sells Rs81bn in Treasuries, yields steady (Category: Breaking News)
"Do not increase taxes for IT, or for tourism," said Premadasa.
- Sri Lanka likely to go ahead with new income tax regime, but president “ready to discuss” (Category: Breaking News)
- Sri Lanka president, main opposition SJB to hold talks on August 05 (Category: Breaking News)
- Sri Lanka main opposition demands to know if COPE, COPA chairs will be theirs (Category: Breaking News)
- Sri Lanka PM must present fiscal consolidation plan, go for SOE reform: opposition MP (Category: Breaking News)
The Colombo Magistrate s Court has ordered the overseas travel ban imposed on the former Governor of the Central Bank of Sri Lanka (CBSL), Ajith Nivard Cabraal to be extended until November 24.
Under a gazette notice issued, up to 25,000 metric tonnes of broken rice would allowed to be imported.
- Food Liberty (Category: Business)
- Sri Lanka to import maize, slash import taxes (Category: Breaking News)
- Sri Lanka to allow maize, soybean imports on open account (Category: Breaking News)
- 15,000 metric tonnes of Maize to be imported for production of poultry feed (Category: Breaking News)
It is easy to criticise measures taken by authorities and those in power without providing any alternatives, Governor of the Central Bank of Sri Lanka (CBSL) Nandalal Weerasinghe said.The post Sri Lanka’s Central Bank Governor asks critics to provide alternatives appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- USD 500 million entered the market in seven days – CBSL Governor (Category: Breaking News)
- Sri Lanka has no alternative other than IMF – CBSL chief (Category: Breaking News)
- Sri Lanka will have to go for another DDO strategy if targets of current plan not achieved – CBS... (Category: Breaking News)
- Economic situation will worsen if political stability is not established soon  CBSL chief (Category: Breaking News)
The founder of the Pohottuwa party, Basil Rajapaksa, has suffered a severe setback. All political parties, represented in Parliament, sunk their differences to bring back constitutional impediment that prevents Basil Rajapaksa’s return to Parliament. The UNP’s only MP, Wajira Abeywardena, and the vast majority of the145-member SLPP parliamentary group, voted for 21st Amendment that would […]
- 22A and Basil’s Catch-22 (Category: Breaking News)
- SJB alleges Prez under SLPP pressure to give up power to dissolve Parliament (Category: Breaking News)
- A dream come true — for Ranil (Category: Breaking News)
- President’s agenda on track (Category: Breaking News)
During the talks held on restructuring Sri Lanka s debt, the creditors have expressed willingness to support the island nation, the Governor of Central Bank of Sri Lanka (CBSL) says.
The findings of a survey conducted by the Central Bank of Sri Lanka (CBSL) have revealed that 57.9 percent of adults are financially literate in Sri Lanka.
ASPI lowest close since Aug 09
- Sri Lanka shares fall on profit taking (Category: Breaking News)
- Sri Lanka sells Rs81bn in Treasuries, yields steady (Category: Breaking News)
- Sri Lanka sells Rs127bn in bonds, 2032 on tap at 30.09-pct (Category: Breaking News)
- Sri Lanka stocks gain on financials; Sampath Bank leads (Category: Breaking News)
In the nine months to September, exports were up 11.83 percent to 10 billion US dollars.
- Sri Lanka exports up 10-pct up to August 2022 (Category: Breaking News)
- Sri Lanka exports up 11.8-pct up to July 2022 (Category: Breaking News)
- Sri Lanka exports rise 20-pct in June 2022 amid forex shortages (Category: Breaking News)
- Sri Lanka exports up 9-pct in May 2022, US up 25-pct, India 49-pct (Category: Breaking News)
The Museum of Modern and Contemporary Art Sri Lanka (MMCA Sri Lanka) works with many lenders and private collectors to curate its exhibitions, with the objective of helping the public to learn more about modern and contemporary Sri Lankan art. In 2021, the museum was given access to the George Keyt Foundation Collection (GKF) which […]
- An Audience Engaged Approach to Education: The Museum of Modern and Contemporary Art Sri Lanka (Category: Breaking News)
- MMCA Sri Lanka and Selyn introduce a limited edition series of fabrics (Category: Breaking News)
- The Museum of Modern and Contemporary Art Sri Lanka opens Rotation 3 of ‘Encounters’ (Category: Breaking News)
- The MMCA Sri Lanka hosts its first international event (Category: Breaking News)
Top losers were Ceylon Tobacco Company, LOLC and Sampath Bank
Extending maturity of domestic debt by 10 years would reduce debt to GDP ratio faster
- Sri Lanka has no final decision yet on domestic debt re-structuring (Category: Breaking News)
- Crisis-hit Sri Lanka’s interim budget aims ambitious revenue, debt cut targets (Category: Breaking News)
- Sri Lanka plans to cut deficit to 6.8-pct of GDP in 2023 (Category: Breaking News)
- A resolute Sri Lankan economy (Category: Business)
[…]The post Child’s Guide To Ranilnomics: Economic Reforms Unproductive Unless Extractive Institutions Are Halted appeared first on Colombo Telegraph.
- Good Governance & Economic Development – Part III (Category: Breaking News)
- Child’s Guide To Ranilnomics: Don’t Ignore The Message Delivered By IPS SOE22 (Category: Breaking News)
- Review Of Dr W.A Wijewardena’s Book ‘A Child’s Guide To Ranilnomics, Cryptos & Currency Boards’ (Category: Breaking News)
- Strategic Strides From A Strategy Guru: Prof Ajantha Dharmasiri (Category: Breaking News)
[…]The post Auditors Could Have Prevented Alleged ‘Thico’/Thilini Scandal appeared first on Colombo Telegraph.
- Litro Gas & Sri Lanka Ports Authority File Challenges To RTI Commission Orders In CA (Category: Breaking News)
- CA Sri Lanka helps fight cyber crime (Category: Business)
- CA Sri Lanka goes to Kalmunai (Category: Business)
- CA Sri Lanka Members’ Night (Category: Business)
Sri Lank’s most customer-friendly bank, HNB PLC, signed on as the official leasing partner to the Ceylon Motor Traders Association (CMTA), the representative body of Sri Lanka’s automotive industry. The strategic tie-up between the two organizations will offer CMTA members access to a wide range of leasing facilities provided by the bank. . HNB DGM […]
- Motor vehicle industry in Sri Lanka facing mass exodus (Category: Breaking News)
- Automotive trade association questions fairness of import regulations (Category: Breaking News)
- HNB renews partnership with Indra Traders to offer exclusive benefits for registered and unregis... (Category: Breaking News)
- HNB strikes Gold and Silver at SLIM DIGIS 2.2 (Category: Breaking News)
In an unparalleled effort to support the backbone of Sri Lanka’s tea production industry, Seylan Bank, the Bank with a Heart, has become one of the Participating Financial Institutions in a scheme introduced by the Asian Development Bank (ADB) and the Ministry of Finance to develop the island’s tea smallholders. ADB, via the Project Management […]
- Union Assurance rewards top Bancassurance performers in Seylan Bank (Category: Breaking News)
- Seylan expands accreditation of Lean Six Sigma Yellow Belts (Category: Breaking News)
- HNB supports rural businesses: revives Gami Pubuduwa Pola to showcase successful MSMEs (Category: Breaking News)
- Seylan Bank secures Silver Award at Dragons of Asia 2022 (Category: Breaking News)
The price of Litro gas cylinders would be further reduced in the first week of November in accordance with the gas price formula which would come into effect on the 5th of every month, The Chairman of Litro Gas Company, Muditha Peiris said.The post Litro Gas prices to reduce further in November – Chairman appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Litro to increase LP gas prices (Category: Breaking News)
- Litro Gas to release limited gas stocks to market until Wednesday (Category: Breaking News)
- No price revision today in Litro domestic LP gas – Chairman (Category: Breaking News)
- Litro Gas to reduce prices tomorrow (April 04) (Category: Breaking News)
"World Bank lent 70 million USD to solve our LPG problem. Now we are returning that money to Treasury in rupees."
- Shell to become Litro Gas (Category: Breaking News)
- Litro Gas turning a profit after years - Chairman (Category: Breaking News)
- No gas distribution tomorrow as well - Litro (Category: Breaking News)
- Domestic LP gas cylinders not distributed tomorrow as well (Category: Breaking News)
the overall expectations for manufacturing activities in the next 3-months are very low due to demand-side impacts
- Opportunity for Sri Lanka as China's labour costs rise (Category: Breaking News)
- Sri Lanka could be a new South Asia hub for food manufacturers (Category: Breaking News)
- Using viruses to do our manufacturing (Category: Technology)
- Export Outlook (Category: Business)
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