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Economic, fiscal & credit impact of disaster likely most material for Sri Lanka: Moody's Ratings

Sri Lanka, Dec. 8 -- According to Moody's Ratings, South and Southeast Asian countries have been severely impacted by several tropical cyclones and unusually heavy monsoon rains since mid-November, le... Read More


EDB Launches Fast-Track Relief to Support Exporters Affected by Adverse Weather

Sri Lanka, Dec. 8 -- The Export Development Board (EDB) has launched a rapid relief and recovery program following the severe impact of adverse weather conditions on Sri Lanka's export sector. A discu... Read More


Hambantota International Port Remains Fully Operational Despite Extreme Weather

Sri Lanka, Dec. 7 -- As Sri Lanka experiences one of the worst flood situations recorded in its history, which has crippled national infrastructure and forced operations to suspend at the Port of Colo... Read More


Relief Measures to Assist Businesses affected by Recent Disasters by Banks

Sri Lanka, Dec. 6 -- The Central Bank of Sri Lanka (CBSL), in view of the adverse effects of the recent cyclonic and flood disasters, having considered the proposals of the Sri Lanka Banks' Associatio... Read More


IMF Considers USD 200 Mn Emergency Aid for Cyclone-Hit Sri Lanka

Sri Lanka, Dec. 5 -- International Monetary Fund (IMF) Mission Chief for Sri Lanka, Evan Papageorgiou, issued a statement today addressing the impact of Cyclone Ditwah and the resulting financial requ... Read More


IMF Exploring Options for Further Support to Sri Lanka's Recovery After Cyclone Devastation

Sri Lanka, Dec. 5 -- The International Monetary Fund (IMF) is actively investigating options to further support Sri Lanka in the recovery process following the devastating cyclone and widespread flood... Read More


Sri Lanka economic summit opened with focus on recovery and resilience after cyclone Ditwah

Sri Lanka, Dec. 3 -- The Ceylon Chamber of Commerce opened the Sri Lanka Economic & Investment Summit on Tuesday with a renewed sense of purpose, reframing the annual event as a platform for national ... Read More


Banks Association pledges strong support for economic revival

Sri Lanka, Dec. 3 -- The Sri Lanka Banks Association (SLBA) in a meeting with the Governor of the Central Bank of Sri Lanka (CBSL) today pledged its fullest support to revive the country's economy fol... Read More


Sri Lanka introduces duty-free mechanism for overseas disaster relief donations

Sri Lanka, Dec. 2 -- Due to the current disaster situation in the country, various inquiries have been made by foreign countries, organizations, individuals, as well as Sri Lankans living abroad, rega... Read More


Ceylon Chamber affirms support for National recovery efforts following cyclone Ditwah

Sri Lanka, Dec. 2 -- The Ceylon Chamber of Commerce is deeply saddened by the devastation caused by Cyclone Ditwah, and our thoughts are with all individuals, families, and communities affected by thi... Read More