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Central Bank shifts focus to medium-term inflation strategy

Sri Lanka, Feb. 22 -- The Central Bank announced yesterday its intention to shift focus on inflation from the near term to medium term, citing the latter's greater relevance for the decision-making pr... Read More


Tax and supply chain woes propel inflation to 6.5%

Sri Lanka, Feb. 22 -- Pettah's night market, popularly known as 'torch market', where vendors light up the night with produce from across the island PIC BY NAZLY AHMED Sri Lanka's inflation expanded... Read More


Monetary Board minutes going public a possibility

Sri Lanka, Feb. 22 -- As the Central Bank is stepping up its efforts to be more transparent, there is a possibility for the public to peruse the meeting minutes of the Monetary Board. Responding to a... Read More


Seylan Bank reports subdued December on margin compression

Sri Lanka, Feb. 22 -- Seylan Bank PLC reported subdued financial performance in the final three months of last year, albeit seeing growth in its loans and fee incomes coming from cards and other lendi... Read More


Higher costs, taxes hurt DFCC profits

Sri Lanka, Feb. 22 -- DFCC Bank PLC reported improved performance in the three months ended in December 2023, as the bank saw the loans picking up, with the easing interest rates and the provisions we... Read More


Election fever to grip country after March

Sri Lanka, Feb. 22 -- The country is abuzz with election fever, despite the presidential election, constitutionally scheduled for this year, not yet being officially declared.The JVP-led National Peo... Read More


Comrade Dissanayake Must Visit Nuwara Eliya

Sri Lanka, Feb. 22 -- Nuwara Eliya's extreme cold condition might make the less affluent locals shiver, but it is promoted as a holiday destination among the rich At the time of writing this column, ... Read More


Restore the Senaka Bibile Policies

Sri Lanka, Feb. 22 -- With Sri Lanka facing its most painful public health crisis since independence, a sub-committee to formulate a "Charter for Ensuring Patients' Safety and Well-Being" was set up i... Read More


Old girls return to Ananda Balika Vidyalaya for Knowledge sharing

Sri Lanka, Feb. 22 -- The 'Knowledge Sharing Wing' of Past Pupils of Ananda Balika Vidyalaya Colombo hosted a workshop recently to equip students with the skills and mindset needed for success in thei... Read More


UPI payments to drive SME digital transformation

Sri Lanka, Feb. 22 -- The Federation of Information Technology Industry Sri Lanka (FITIS) has expressed its strong support for LankaPay's launch of the Unified Payments Interface (UPI) acceptance in t... Read More