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The Local Consortium of Sri Lanka (LCSL), comprised of domestic commercial banks and financial institutions, has committed its full support for the Exchange Offer and Consent Solicitation launched today by the Government of Sri Lanka to restructure the US$12.55bn in outstanding International Sovereign Bonds (ISBs).. MORE..

26 Nov 2024 (7:54 PM)

Sri Lanka Police has established a special hotline, 107 , dedicated for Tamil-speaking individuals to report or seek assistance regarding the prevailing adverse weather conditions, according to Police Spokesman DIG Nihal Thalduwa.

27 Nov 2024 (12:49 PM)

The Monetary Policy Board of the Central Bank of Sri Lanka (CBSL) has decided to implement a single policy interest rate mechanism, the Overnight Policy Rate (OPR), transitioning from its dual policy interest rate mechanism with effect from today (27 November). MORE..

26 Nov 2024 (11:38 PM)

IMF Managing Director Kristalina Georgieva says the continued support from international financial institutions and other official creditors, together with the participation of bondholders in a debt exchange consistent with debt sustainability, is necessary to underpin the success of Sri Lanka s economic reform efforts. MORE..

27 Nov 2024 (10:01 AM)

The Meteorology Department says the deep depression over the southwest Bay of Bengal was located to 190 km southeast of Trincomalee at around 11-30 p.m. of November 26, 2024. MORE..

27 Nov 2024 (9:46 AM)

The Ceylon Chamber of Commerce has welcomed the announcement of a staff-level agreement for the third review under the International Monetary Fund (IMF) Extended Fund Facility program for Sri Lanka. MORE..

27 Nov 2024 (11:47 AM)