Sri Lanka s government appears increasingly upbeat about its chances of receiving International Monetary Fund (IMF) board approval for a USD 2.9 billion bailout by December, but the multilateral lender has cautioned that the time frame remains uncertain, and much depends on discussions with the heavily indebted country s creditors. MORE..
29 Sep 2022 (3:02 PM)
Japan is prepared to "do its part" over Sri Lanka s debt issue, but other creditors, such as China and India, should also be involved in efforts to resolve it, Finance Minister Shunichi Suzuki said Thursday. MORE..
30 Sep 2022 (1:53 AM)
The Court of Appeal has issued summons on State Minister Sanath Nishantha ordering him to make an appearance before the court on October 13. MORE..
29 Sep 2022 (2:39 PM)
Two out of three Octane 92 petrol dispensers have been sealed off at a filling station in Colombo 07, owned by the Ceylon petroleum Corporation (CPC) due to short delivery. MORE..
29 Sep 2022 (6:38 PM)
The Central Bank of Sri Lanka (CBSL) today raised Rs.127.31 billion through an auction of treasury bonds under three maturities. MORE..
29 Sep 2022 (11:03 PM)
It has been decided to appoint two sub-committees related to national policies and economic stabilization in the inaugural meeting of the National Council , held with the participation of the ruling party and the opposition parliamentarians. MORE..
29 Sep 2022 (8:39 PM)