Workers’ remittances up 12.2% in July

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A substantial increase was observed in workers’ remittances in July 2020, recording the highest amount of monthly remittances since January 2018,...

Sri Lanka official reserves increase to $7.4bn in August 2020

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Sri Lanka’s gross official reserves grew by US$344.7 million to US$ 7,440.5 million in August 2020 from US$ 7,095.8 million in June...

Standard Chartered contributes USD500,000 to combat COVID-19 pandemic in Sri Lanka

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Standard Chartered Sri Lanka today announced donations totalling USD500,000 (approximately LKR 92.5 million) to support the fight against COVID-19 in the...

More than enough reserves to meet SL 2020 debt servicing obligations – Dr. Nandalal...

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Senior Deputy Governor of the Central Bank of Sri Lanka Dr. Nandalal Weerasinghe stated that Sri Lanka has more than sufficient...

Sri Lanka rupee remains flat at close, gilt yields down

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Sri Lanka rupee closed flat at 185.73/78 to US dollar in the spot market on Tuesday while bond yields down and stocks...

RBI’s US$400mn 3-month swap to Sri Lanka for to be rolled over

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A 400 million dollar swap from the Reserve Bank of India to Sri Lanka for three months will be rolled over twice...

Sri Lanka rupee opens steady, gilt yields flat

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Sri Lanka rupee was quoted at 185.75/83 to US dollar in the spot market on Monday while bond yields were flat, dealers...

Sri Lanka rupee firmer, bond yields flat at open

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Sri Lanka rupee was stronger at 185.70/80 to US dollar in the spot market on Friday while bond yields were flat in...

Sri Lanka anti-money laundering watchdog fines banks, finance companies

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Sri Lanka’s Financial Intelligence Unit, the island’s anti-money laundering watchdog, said it had fined two banks and three finance companies for violating...

EPF’s listed equity portfolio down by Rs.39 Bn end of 1Q 2020

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The country’s largest retirement fund, the Employees’ Provident Fund (EPF), which is under the custodianship of the Central Bank, posted a...

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IIHS promotes Sustainable Living through “Giving Back to Nature” Concept

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International Institute of Health Science (IIHS), Sri Lanka’s premier and leading healthcare education institute renowned for the high-quality education in Sri...

Second wave intensifies pressure on Sri Lanka Finance and Leasing companies: Fitch

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The risk of a second coronavirus wave, together with weak borrower sentiment in an already fragile operating environment, would put further...

MoU between University of Moratuwa and Aalto University, Finland

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The Cabinet of Ministers has granted approval for the University of Moratuwa and the University of Aalto in Finland to enter...