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IMF Board Approves Sri Lanka's Fifth & Sixth Reviews, Unlocks USD 695 Mn for Reforms

SriLanka, May 27 -- The International Monetary Fund's Executive Board has completed the combined Fifth and Sixth Reviews of Sri Lanka's Extended Fund Facility, unlocking immediate access to SDR 508 mi... Read More


Sri Lanka Unveils South Asia's First Solar Bakery Oven in Landmark Clean Energy Milestone

Sri Lanka, May 26 -- Sri Lanka became the first country in South Asia to unveil a solar hybrid bakery oven, designed with both solar and biogas energy sources to ensure uninterrupted operation despite... Read More


Sri Lanka's Banking sector assures it is stable, equipped to address fraud incidents

Sri Lanka, May 26 -- Sri Lanka's banking sector has provided a collective and categorical assurance that it remains stable, resilient, and secure despite a few recent isolated incidents of financial f... Read More


Central Bank increases Overnight Policy Rate to 8.75-pct

SriLanka, May 26 -- The Monetary Policy Board, at its meeting held yesterday, decided to increase the Overnight Policy Rate (OPR) by 100 bps to 8.75%. Standing Deposit Facility Rate (SDFR) and Standi... Read More


Sri Lanka's Exports Surpass USD 5.7 Bn in First Four Months of 2026

SriLanka, May 25 -- Sri Lanka's total exports, including both merchandise and services, reached US$ 1,380.93 million in April 2026, marking a year-on-year growth of 6% compared to April 2025. Based o... Read More


CBSL introduces maximum Loan to Value ratio for gold backed lending & tightens LTV ratios for motor vehicles

Sri Lanka, May 24 -- The Governing Board of the CBSL decided to introduce a maximum LTV ratio for credit facilities secured by gold and tighten the maximum LTV ratios applicable to credit facilities g... Read More


Commercial Bank among the first banks to partner with Port City Colombo to open a branch

Sri Lanka, May 22 -- Demonstrating its commitment to supporting the nation's next phase of economic transformation, Commercial Bank of Ceylon has become one of the first banks in Sri Lanka to enter in... Read More


EDB Launches Awareness Programme for Exporters in the Light Engineering Sector

Sri Lanka, May 20 -- With the aim of strengthening the export competitiveness of Sri Lanka's light engineering industry, the Industrial Products Division of the Export Development Board (EDB) inaugura... Read More


Energy Minister Dispels Coal Demurrage Rumors: Zero Extra Cost to Consumers

Sri Lanka, May 19 -- Energy Minister Anura Karunathilake has strongly refuted widespread social media claims alleging that the government is paying massive delay charges (demurrage) for ongoing coal s... Read More


Central Bank of Sri Lanka launches Complaint Management System for Financial Consumers

SriLanka, May 15 -- The Central Bank of Sri Lanka (CBSL) announces the launch of an online Complaint Management System (CMS) marking a significant step to facilitate the submission of complaints and g... Read More