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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 wild elephant was killed early this morning (18) after being struck by a train traveling from Colombo to Batticaloa. MORE..

18 Jul 2025 (11:22 AM)

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)