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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)

A pilot test of a secure AI platform to modernize the system of preparing Hansard reports and minutes of committee meetings in Parliament has been conducted during a meeting of the Committee on Public Finance. MORE..

17 Jul 2025 (9:34 PM)

The U.S. government designated The Resistance Front, considered an offshoot of the Pakistani extremist group Lashkar-e-Taiba, as a "foreign terrorist organization" over the April 22 Islamist militant attack in India-administered Kashmir that killed 26 people, Secretary of State Marco Rubio said on Thursday. MORE..

18 Jul 2025 (11:59 AM)