The Monetary Policy Board of the Central Bank of Sri Lanka (CBSL) has decided to reduce the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) of the Central Bank by 100 basis points (bps) to 10.00% and 11.00%, respectively. MORE..
5 Oct 2023 (9:34 AM)
Laugfs Gas PLC, one of the two largest Liquefied Petroleum (LP) gas suppliers in the country, also decided to revise the prices of domestic LP gas cylinders. MORE..
4 Oct 2023 (6:21 PM)
Sri Lanka s is facing a big challenge from its largest bilateral lender, China to secure a concrete debt relief framework, as it is blocking access to desperately needed cash bailout of 3 billion US dollars from International Monetary fund, Nikkei Asia reported. MORE..
4 Oct 2023 (11:39 PM)
Sri Lanka team secured the bronze medal in the Women s 4x400m relay event at the 2023 Asian Games being held in Hangzhou, China, a short while ago. MORE..
4 Oct 2023 (7:31 PM)
At least 10 people have been killed in India s state of Sikkim and 82 others, including 23 army personnel, are missing after heavy rainfall caused the glacial Lhonak Lake to overflow, spurring catastrophic flooding in the region. MORE..
5 Oct 2023 (9:45 AM)
Crisis-hit Sri Lanka will focus on improving tax collection to reduce budget deficits as it streamlines the structure of the tax system, the Treasury Secretary said on Wednesday, with new legislation planned to improve public finances. MORE..
4 Oct 2023 (6:34 PM)