ECONOMYNEXT – Sri Lanka will turn billions of rupees worth contractors bills due from government into money at 4 percent,…
Cabinet approves deferring 2Q taxes payment until year endTax arrears to be released, induction orders on banks suspended until April…
Insists all steps taken within its mandatePoints out provided liquidity to Govt., managed currency pressures in April, preserved reserves Brought rates…
The Central Bank has approved 13,861 loan applications under the Phase-I of Saubagya (Prosperity) Loan Scheme, totaling Rs. 27.9 billion,…
Says announced measures were already underway and decided at Monetary Board prior to incident The decisions that were taken last…
The Cabinet has approved a proposal from Agriculture Minister Chamal Rajapaksa to manufacture Phosphate Fertilizer at Eppawela aimed at Sri…
Says the move will inject around Rs.115bn additional liquidity to money market Says it will enable financial system to expedite credit…
The Cabinet of Ministers, at a recent meeting has decided to increase the concessionary financing from Rs. 25 billion to…
Sri Lanka Insurance emerged as the only insurer in Sri Lanka to maintain National Insurer Financial Strength (IFS) rating of…
Construction sector is expected to demonstrate resilience compared to other economic sectors of Sri Lanka ICRA Lanka in their Construction…