Sinawe Kathawe

The Ministry of Finance has initiated ongoing discussions aimed at reducing the trade tariffs proposed to be imposed by the United States on exports from Sri Lanka. MORE..

18 Jul 2025 (1:56 PM)

Sri Lanka s Central Bank imposes new caps on vehicle loan ratios

In a decisive move to strengthen macroprudential policy and mitigate systemic financial risks, the Central Bank of Sri Lanka (CBSL), acting as the Macroprudential Authority, has issued new Directions to licensed financial institutions to impose maximum caps on loan-to-value (LTV) ratios for vehicle-related credit facilities. MORE..

18 Jul 2025 (4:39 PM)

Fairly heavy rainfall above 50 mm likely in some areas

Showers will occur at times in the Sabaragamuwa province and in the Kandy, Nuwara-Eliya, Galle and Matara districts today (18), the Department of Meteorology said. MORE..

18 Jul 2025 (7:30 AM)

Resource : Ada Derana