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Sri Lankan News 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) 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) 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) Over 77,000 people affected by adverse weather in Sri Lanka
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. 26 Nov 2024 (10:52 PM) Local Consortium of Sri Lanka commits support for govt s ISB restructuring
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).. 26 Nov 2024 (7:54 PM) |