SriLanka’s foreign Reserves falls to record low levels
Sri Lanka’s gross foreign reserves fell to $5.54 billion, the lowest levels seen since April 2017. Amidst, COVID-19 infused crisis,…
Sri Lanka’s gross foreign reserves fell to $5.54 billion, the lowest levels seen since April 2017. Amidst, COVID-19 infused crisis,…
Sri Lanka’s banking sector was more open to lending for borrowers in retail, corporate, and SME categories in the third…
Sri Lanka’s gross financing needs are projected to top $20 billion next year, a 22.3 percent increase compared to this…
Sri Lanka’s President Gotabaya Rajapaksa vowed to bring in new laws to protect both local and foreign investors as the…
Sri Lanka’s banks would be reluctant to absorb their finance and leasing companies (FLC) due to the significant difference between their…
First Capital Research predicted a 50% chance for a policy rate cut by the Central Bank (CB) at its upcoming…
The Monetary Board of the Central Bank (CB) has thrown out the time-bound repayment plans submitted by two illegal Finance…
The government plans to exempt investments in the housing market through Sri Lanka Real Estate Investment Trusts (SLREIT) to be…
The government announced a proposal to grant 50 percent income tax relief for new listings at Colombo Stock Exchange (CSE).…
The government announced a Special Goods and Services Tax (GST) to be introduced for telecommunication, alcohol, cigarettes, vehicles, and betting…