Category : Economy & Market

CBSL caps gold-backed loans at 70% of collateral value

The Central Bank of Sri Lanka has imposed a 70% loan-to-value cap on gold-backed loan...

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4,000 LCs by two companies: Vehicle Importers Seek Probe

Sri Lanka’s Vehicle Importers’ Association has urged the Finance Ministry and Central...

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Sri Lankan Rupee slumps as Asia’s worst-performing currency this month

The Sri Lankan rupee has been identified as the worst-performing currency in Asia thi...

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If no foreign investment: Govt to self-fund Mannar-Habrana wind transmission line

Sri Lanka may use state funds to build a proposed 400kV transmission line from the No...

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Food processing industry warns: Unbearable retail price hikes

Sri Lanka’s Food Processing Association warns processed food prices may rise sharply ...

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Minimum bus fare could increase to Rs. 40 due to rupee depreciation: Gemunu

The Lanka Private Bus Owners’ Association warns that Sri Lanka’s minimum bus fare cou...

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Mulleriyawa supermarket fined Rs. 500,000 for overpricing rice

The Maligakanda Magistrate’s Court has fined a Mulleriyawa supermarket Rs. 500,000 fo...

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Delayed coal shipments: No demurrages for this year

Energy Minister Anura Karunathilaka says Sri Lanka has not incurred demurrage charges...

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