Simplebooks Outlines the Step-by-Step Guided Process in Initiating FDIs in Sri Lanka
As a leading private business registration firm in Sri Lanka, Simplebooks has assisted countless companies to set up and grow…
Tag: Sri Lanka
Sri Lanka end 2020 with $5.7 billion in FX Reserves
The Central Bank (CB) estimated the country’s foreign reserves st $5.7 at the end of 2020, with an import cover…
Central Bank Promotes Yvette Fernando, Dhammika Nanayakkara as Deputy Governors
The Central Bank (CB) announced that Yvette Fernando, Dhammika Nanayakkara promoted as Deputy Governors to fill the positions vacated by…
Financial Regulators to face dilemma once the withdrawal from Covid-19 measures begins
The Financial Regulators across the World will face a dilemma once the withdrawal from Covid-19 measures begins as to how…
Binance adds Sri Lankan Rupee to its P2P trading list
Binance, one of the largest cryptocurrency exchanges in the World has added Sri Lanka Rupee to its peer-to-peer trading list.…
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 banks became more flexible in lending in 3Q
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 requirements top $20 billion next year – EMFI Securities
Sri Lanka’s gross financing needs are projected to top $20 billion next year, a 22.3 percent increase compared to this…
Sri Lanka to introduce new laws to protect investments
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 to show reluctance to absorb their subsidiary Finance Firms – Fitch Ratings
Sri Lanka’s banks would be reluctant to absorb their finance and leasing companies (FLC) due to the significant difference between their…