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Sri Lankan News Sri Lanka s Central Bank implements a single policy rate mechanism
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). 26 Nov 2024 (11:38 PM) ADB backs Sri Lanka s growing investment potential in key sectors
The Asian Development Bank (ADB) has pledged its support for investment opportunities in Sri Lanka, citing increased foreign investor interest fuelled by the government s systematic financial reforms, the President s Media Division (PMD) said in a statement. 27 Nov 2024 (11:25 AM) India seizes 5.5 tonnes of Myanmar meth in biggest drug bust
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. 26 Nov 2024 (8:20 PM) Six flights diverted due to bad weather at BIA
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. 26 Nov 2024 (11:22 PM) Ceylon Chamber welcomes staff-level agreement for third review of IMF program
The Ceylon Chamber of Commerce has welcomed the announcement of a staff-level agreement for the third review under the International Monetary Fund (IMF) Extended Fund Facility program for Sri Lanka. 27 Nov 2024 (11:47 AM) Deep depression to move closer to Sri Lanka s east coast, intensify into cyclonic storm
The Meteorology Department says the deep depression over the southwest Bay of Bengal was located to 190 km southeast of Trincomalee at around 11-30 p.m. of November 26, 2024. 27 Nov 2024 (9:46 AM) |