The Steering Committee of the Ad Hoc Group of Sri Lanka Bondholders has announced its support for the restructuring terms of all 11 series of Sri Lanka s c.$12.55 billion in outstanding sovereign bonds, as detailed in Sri Lanka s Exchange Offer and Consent Solicitation Memorandum published today. MORE..
26 Nov 2024 (7:13 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 Police Special Task Force (STF) has arrested two individuals who were in the possession of a total of more than 86 kilograms of narcotic substance in the Watareka area in Padukka. MORE..
26 Nov 2024 (5:33 PM)
The Department of Meteorology has issued a Red alert warning for the land and the deep and sallow sea areas around the island due to the deep depression over Southwest Bay of Bengal. MORE..
26 Nov 2024 (5:53 PM)
Sri Lanka s new government has responded to allegations over the lack of Muslim representation in its Cabinet of Ministers. MORE..
26 Nov 2024 (4:50 PM)
The Ceylon Electricity Board (CEB) has strongly refuted recent claims regarding the revision of electricity tariffs. MORE..
26 Nov 2024 (1:35 PM)