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Deep depression to move closer to Sri Lanka s east coast, intensify into cyclonic storm
27 Nov 2024 (9:46 AM) Sri Lanka s Central Bank implements a single policy rate mechanism
26 Nov 2024 (11:38 PM) Red landslide early warning issued for areas in 3 districts
27 Nov 2024 (12:11 AM) Ceylon Chamber welcomes staff-level agreement for third review of IMF program
27 Nov 2024 (11:47 AM) ADB backs Sri Lanka s growing investment potential in key sectors
27 Nov 2024 (11:25 AM) Train services impacted due to adverse weather
27 Nov 2024 (12:57 PM) |
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. 
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 National Building Research Organisation (NBRO) has issued a Level 3 (Red) Landslide Early Warning for several divisional secretariat divisions (DSDs) in Kandy, Matale and Nuwara-Eliya districts urging the residents of these areas to evacuate to safer locations. 
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. 
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. 
The trains operating along the up-country and Batticaloa railway lines have been limited due to the prevailing adverse weather conditions, the Railway Department said. Copyright © 2007 - 2024 Col3neg. All Rights Reserved.
