Outstanding credit to the private sector as at the end of April crossed the Rs. 8.5 trillion mark, with lower demand
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A new explainer titled “Factcheck.lk reservations on Sri Lanka’s reporting of foreign reserves” reveals that the official foreign reserves figure reported by Sri Lanka is overstated by approximately USD 1.4 billion,
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Governor of the Central Bank of Sri Lanka (CBSL) Dr. Nandalal Weerasinghe has acknowledged the strong
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News of the Day
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In a historic tie-up bridging hemispheric innovation, Dr. Karnika De Silva—a respected Senior Materials Expert of
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Sri Lanka banks are financing Indian business through syndicated loans, using their excess US dollar balances,
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The Cabinet of Ministers at their meeting on Monday approved allocating Rs. 100 million for a series of key initiatives aimed at boosting industrial and entrepreneurial projects.
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Following the recent hike in wholesale cement prices, the National Construction Employees’ Society (NCES) blamed
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The Government has generated Rs. 136 billion in revenue from motor vehicle imports between January and April 2025.This figure includes collections from Value Added Tax (VAT), Customs Duty, and Luxury Tax.
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The Governemnt is proceeding with a wide-ranging development initiative to provide underutilised State-owned
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