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Sri Lankan President Anura Kumara Dissanayake will travel to the island’s largest bilateral lender China for talks in January, he said on Saturday, days after completing a long-delayed foreign debt restructure.
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The government is hoping to initiate discussions with India to update the Free Trade Agreement between India and Sri Lanka, which was signed several decades ago, Foreign Minister Vijitha Herath said.
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The Colombo Lotus Tower Management Company (Private) Limited has announced extended operating hours for the festive season.
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Fitch Ratings has upgraded Sri Lanka’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘CCC+’ from ‘RD’ (Restricted Default)
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The government has decided to further ease certain restrictions imposed on outward remittances for a six month-period until June next year based on recommendation of the Central Bank (CB).
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The government has extended the temporary lifting of rice import restrictions, allowing private importers to bring in rice without a license until January 10.
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Central Bank (CBSL) yesterday said it has taken proactive measures to address the alarming increase in prohibited schemes under Section 83(C) of the Banking Act No 30 of 1988, as amended
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Ahead of the 2025 Sri Lanka Cricket (SLC) elections, SLC said that its membership at an extraordinary general meeting has decided to reduce the number of voting members from 147 to 60.
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