'Non-banking financial institutions to recover sooner than expected'

Sri Lanka, July 17 -- The Finance Houses Association of Sri Lanka (FHA) said that the post COVID recovery of non-banking financial institutions (NBFIs) would be sooner than expected provided that ther... Read More

Continuation of Measures Taken to Preserve the Foreign Currency Reserve Position of Sri Lanka

Sri Lanka, July 17 -- With a view to preserving the foreign currency reserve position of the country and considering the possible negative impact on the Sri Lankan economy due to the outbreak of Covid... Read More

Japan grants JPY 800 million to help Sri Lanka's fight against COVID-19

Sri Lanka, July 10 -- Japan grants JPY 800 million (approx. Rs. 1,400 million) to help Sri Lanka's fight against COVID-19 through the provision of medical equipment The Government of Japan has provid... Read More

Compensation Payments to the depositors of The Finance Company PLC - Second Stage

Sri Lanka, June 29 -- The Central Bank of Sri Lanka (CBSL) has taken measures to commence the second stage of the compensation payments to the depositors of The Finance Company PLC (TFC) with effect f... Read More

Imports restricted: Now commence production - President tells industrialists

Sri Lanka, June 25 -- Opportunity is now open to commence productions in many sectors with the limiting of imports of several non-essential items, President Gotabaya Rajapaksa said. As pledged in "Sa... Read More

Central Bank Approved Rs. 28 billion loans at 4% among 13,861 businesses affected by the COVID-19 Outbreak

Sri Lanka, June 25 -- Having identified the urgent need of reviving the businesses adversely affected by the COVID-19 outbreak and thereby to promote economic activity in the country, the Central Bank... Read More