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- onlanka.com - Category : Breaking News - Relavancy : 0.08441678

Sri Lanka's President, Ranil Wickremesinghe, asserted that the nation’s economy is experiencing robust growth due to the government’s initiatives.The post Sri Lanka’s President says Government initiatives drive robust economic growth appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.

- news.lk - Category : Breaking News - Relavancy : 0.14069463

President Ranil Wickremesinghe underscored the on-going efforts to nurture female entrepreneurs capable of adapting to the country’s economic transformation. The President highlighted the significant role women entrepreneurs can play in fostering the digital and green economy, affirming the government’s commitment to supporting the empowerment of the women business community. President Ranil Wickr...

- island.lk - Category : Breaking News - Relavancy : 0.22511141

By Steve A. Morrell Brokers’ comparative analysis of tea production in Sri Lanka for January 2024 and January 2023 did not yield any noteworthy and positive statistics that merit elaborate commentary. Year 2023 ended with a production of some 256 million Kgs, with 2021 recording around 299 million Kgs. Data gleaned from the Asia Siyaka […]

- onlanka.com - Category : Breaking News - Relavancy : 5.914581

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.

- onlanka.com - Category : Breaking News - Relavancy : 0.14069463

Rising gold-backed lending among Sri Lanka’s finance and leasing companies (FLC) sector is exposing financiers to higher collateral price risk and making them more susceptible to any adverse movements in gold prices, says Fitch Ratings.The post Rising gold-backed loans elevate risks for Sri Lankan finance companies – Fitch appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top St...

- onlanka.com - Category : Breaking News - Relavancy : 0.19697249

Sri Lanka’s Supreme Court today (November 14) ruled that former President Gotabaya Rajapaksa, former Prime Minister Mahinda Rajapaksa and former Finance Minister Basil Rajapaksa and several others are responsible for the economic crisis in Sri Lanka due to mismanaging the economy between 2019 and 2022.The post Supreme Court ruled Gotabaya, Mahinda, Basil & others responsible for economic cris...

- island.lk - Category : Breaking News - Relavancy : 0.19697249

The cost of foreign loan interest that the Sri Lanka Ports Authority (SLPA) had to pay in 2022 increased by 200 percent compared to the previous year due to the depreciation of the Sri Lanka rupee, the SLPA’s 2022 Annual Report states. However, the SLPA reported a net after tax profit of 42.3 billion rupees […]

- onlanka.com - Category : Breaking News - Relavancy : 0.16883355

Sri Lanka stood pat on borrowing costs for the first time in three meetings, after slashing the cash ratio for banks to bolster domestic liquidity and growth.The post Sri Lanka Holds Rates After Bank Cash Ratio Cut for Growth appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.098486245

[…]The post Hero Syndrome & Unlawful Acts: Politicians In The Fantasyland Of Omnipotence appeared first on Colombo Telegraph.

- onlanka.com - Category : Breaking News - Relavancy : 5.914581

The Sri Lankan Rupee (LKR) has appreciated against the US dollar (USD) today (August 02), according to the Central Bank of Sri Lanka (CBSL).The post Sri Lankan Rupee appreciated against U.S. Dollar on August 02, 2023 appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.

- adaderana.lk - Category : Breaking News - Relavancy : 1.269995

State Minister of Finance Ranjith Siyambalapitiya says that the depreciation of the Sri Lankan Rupee in recent days is a temporary situation which has been fluctuated based on the demand and the supply.

- onlanka.com - Category : Breaking News - Relavancy : 5.914581

The Sri Lankan Rupee (LKR) has depreciated against the US dollar (USD) today (July 26), according to the Central Bank of Sri Lanka (CBSL).The post Sri Lankan Rupee depreciates against U.S. Dollar on July 26, 2023 appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.

- island.lk - Category : Breaking News - Relavancy : 0.16883355

Summarised below are the key operational and financial highlights of our performance during the quarter under review: Group PBT at Rs.1.40 billion in the first quarter of the financial year 2023/24 is a decrease over the Rs.14.80 billion recorded in the previous financial year. The first quarter of the previous year included Rs.10.12 billion of […]

- NewsFirst - Category : Video - Relavancy : 5.914581

Video: Bloomberg reports that the Sri Lankan Rupee went from Asia’s best to worst currency in th...

- adaderana.lk - Category : Breaking News - Relavancy : 1.1112456

The Sri Lankan rupee has turned into Asia s worst-performing currency from being the best in the first half of the year, and is poised to extend losses amid headwinds from interest-rate cuts and loosening of import controls, Bloomberg reports.

- onlanka.com - Category : Breaking News - Relavancy : 0.7937468

The Sri Lankan rupee has turned into Asia’s worst-performing currency from being the best in the first half of the year, and is poised to extend losses amid headwinds from interest-rate cuts and loosening of import controls.The post Sri Lanka Rupee goes from Asia’s Best to Worst

- adaderana.lk - Category : Breaking News - Relavancy : 7.097497

The Sri Lankan Rupee registered slightly firmer against the US Dollar today (24), as per the figures of the Central Bank of Sri Lanka (CBSL).

- onlanka.com - Category : Breaking News - Relavancy : 5.914581

The Sri Lankan Rupee (LKR) has depreciated against the US dollar (USD) today (July 18), according to the Central Bank of Sri Lanka (CBSL).The post Sri Lankan Rupee depreciates against U.S. Dollar on July 18, 2023 appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.

- onlanka.com - Category : Breaking News - Relavancy : 5.914581

The Sri Lankan Rupee (LKR) has depreciated against the US dollar (USD) today (July 17), according to the Central Bank of Sri Lanka (CBSL).The post Sri Lankan Rupee depreciates against U.S. Dollar on July 17, 2023 appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.

- colombogazette.com - Category : Breaking News - Relavancy : 0.14069463

Sri Lanka must ensure access to adequate nutrition for all pregnant and breastfeeding women amid the ongoing economic crisis in the country, Amnesty International said today in a new research briefing. The briefing, ‘Foregoing Meals to Make-Do’, examines the impact of the economic crisis on access to nutrition for pregnant and breastfeeding women, with a […]

- onlanka.com - Category : Breaking News - Relavancy : 5.914581

The Sri Lankan Rupee (LKR) has depreciated against the US dollar (USD) today (July 11), according to the Central Bank of Sri Lanka (CBSL).The post Sri Lankan Rupee depreciates against U.S. Dollar on July 11, 2023 appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.

- onlanka.com - Category : Breaking News - Relavancy : 5.914581

The Sri Lankan Rupee (LKR) has depreciated against the US dollar (USD) today (July 10), according to the Central Bank of Sri Lanka (CBSL).The post Sri Lankan Rupee depreciates against U.S. Dollar on July 10, 2023 appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.

- onlanka.com - Category : Breaking News - Relavancy : 5.914581

The Sri Lankan Rupee (LKR) has appreciated against the US dollar (USD) today (July 06), according to the Central Bank of Sri Lanka (CBSL).The post Sri Lankan Rupee appreciates against U.S. Dollar on July 06, 2023 appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.

- onlanka.com - Category : Breaking News - Relavancy : 0.1591778

Fitch Ratings has downgraded Sri Lanka's Long-Term Local-Currency (LTLC) Issuer Default Rating (IDR) to 'C' from 'CC'. The issue ratings on local-currency bonds have also been downgraded to 'C' from 'CC'.The post Fitch Downgrades Sri Lanka’s Long-Term Local-Currency IDR to ‘C’ appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.

- colombogazette.com - Category : Breaking News - Relavancy : 0.14069463

Fitch Ratings has warned of risks in Sri Lanka’s domestic debt restructuring plan but noted that it resolves uncertainties around its impact on the local banking sector. The Sri Lankan Government’s proposal for treatment of domestic debt marks a significant step towards resolving uncertainties around the impact of the sovereign’s debt restructuring on the local […]

- colombogazette.com - Category : Breaking News - Relavancy : 8.280413

The Sri Lankan Rupee saw a slight appreciation against the US Dollar today after depreciating last week. The Central Bank of Sri Lanka said that the SL Rupee was selling at Rs. 314.98 and buying at Rs. 299.87. Meanwhile, the Colombo stock market recorded a strong performance

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- adaderana.lk - Category : Breaking News - Relavancy : 7.097497

Sri Lankan Rupee ended slightly stronger against the US Dollar today, as per the figures of Central Bank of Sri Lanka (CBSL).

- adaderana.lk - Category : Breaking News - Relavancy : 7.097497

The Sri Lankan Rupee has marginally appreciated today, based on the latest data regarding the buying and selling rates of the US Dollar released by the Central Bank of Sri Lanka (CBSL).

- island.lk - Category : Breaking News - Relavancy : 0.95249623

By Rathindra Kuruwita The appreciation of Sri Lankan rupee against major foreign currencies alone was not an indication of economic stabilisation, H M C G Bandara, Senior Lecturer at the Sabaragamuwa University says.Bandara said that exchange rates, interest rate and inflation had become hot topics

- onlanka.com - Category : Breaking News - Relavancy : 0.22511141

Sri Lanka’s State Minister of Finance Ranjith Siyambalapitiya said on Friday (June 16) that import of vehicles cannot be allowed at this moment under the prevailing economic situation.The post Sri Lanka’s Finance State Minister says vehicle imports cannot be allowed yet appeared first on ONLANKA News - Sri Lanka Latest Breaking News and Live Updates - Sri Lanka News.

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