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Local Consortium of Sri Lanka commits support for govt s ISB restructuring
26 Nov 2024 (7:54 PM) Sri Lanka s Central Bank implements a single policy rate mechanism
26 Nov 2024 (11:38 PM) Over 77,000 people affected by adverse weather in Sri Lanka
26 Nov 2024 (10:52 PM) Flood warnings issued for low-lying areas of Malwathu Oya
27 Nov 2024 (10:26 AM) Six flights diverted due to bad weather at BIA
26 Nov 2024 (11:22 PM) India seizes 5.5 tonnes of Myanmar meth in biggest drug bust
26 Nov 2024 (8:20 PM) |
The Local Consortium of Sri Lanka (LCSL), comprised of domestic commercial banks and financial institutions, has committed its full support for the Exchange Offer and Consent Solicitation launched today by the Government of Sri Lanka to restructure the US$12.55bn in outstanding International Sovereign Bonds (ISBs).. 
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). 
The Disaster Management Centre (DMC) says that the prevailing inclement weather conditions in the country have so far affected 77,670 persons from 22,532 families across 15 districts. 
The Irrigation Department has issued a flood warning for several low-lying areas of Malwathu Oya Basin, effective until 5.30 a.m. on November 29, 2024. 
A total of six flights scheduled to land at the Bandaranaike International Airport (BIA) in Katunayake have been diverted to the Mattala Airport and the Thiruvananthapuram International Airport in India due to adverse weather conditions. 
India s coast guard said Tuesday they had seized their biggest haul of illicit drugs when they stopped a fishing boat smuggling 5.5 tonnes of methamphetamine from war-torn Myanmar. Copyright © 2007 - 2024 Col3neg. All Rights Reserved.
