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)
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)
The Cabinet Spokesman, Minister Dr. Nalinda Jayatissa clarified that no decision has been taken to ban tuition classes in the country. MORE..
26 Nov 2024 (4:03 PM)