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Mr. Bean Saves Democracy!

Sri Lanka, March 23 -- Sri Lanka's Prime Minister Ranil Wickremesinghe turns 70 years old tomorrow on March 24, 2019. The PM, one of the most prominent figures in Sri Lankan political history, turns ... Read More


Foreign flows in/out of Sri Lanka's capital markets stabilising

Sri Lanka, March 23 -- Foreign flows into and out of Sri Lanka's capital markets appear to be stabilising after a period of significant outflows. The stabilisation of flows has also resulted in stabil... Read More


Opinion: Cabraal's criticism of $ 2.4bn sovereign bond offering undermines CBSL

Sri Lanka, March 22 -- Former Governor of the Central Bank of Sri Lanka (CBSL) during the Mahinda Rajapaksa administration, Ajith Nivard Cabraal, has come out with criticisms of the pricing and intere... Read More


Opinion: Cabraal's criticisms of $ 2.4bn bond offering undermine CBSL

Sri Lanka, March 22 -- Former Governor of the Central Bank of Sri Lanka (CBSL) during the Mahinda Rajapaksa administration, Ajith Nivard Cabraal, has come out with criticisms of the pricing and intere... Read More


BOI clarifies news report regarding oil refinery project in Hambantota

Sri Lanka, March 22 -- Issuing a statement the Board of Investment of Sri Lanka said they are aware that there is no agreement signed between Oman's Ministry of Oil and Gas and Silver Park Internation... Read More


Sri Lanka to discuss draft national policy on LNG

Sri Lanka, March 22 -- The Ministry of Highways and Road Development together with Petroleum Resources Development has developed the draft national policy on natural gas with a view to establish and d... Read More


Commercial Bank wins 19th global finance 'Best Bank in Sri Lanka' award

Sri Lanka, March 22 -- (PRESS RELEASE) The Commercial Bank of Ceylon has been adjudged Sri Lanka's Best Bank in 2019 by the USA-based Global Finance magazine, giving the Bank its 19th such accolade f... Read More


Concessional loan of USD 989Mn from China's EXIM Bank for Central Expressway

Sri Lanka, March 22 -- The Export- Import Bank of China (EXIM Bank) has agreed to provide a concessional loan amounting to US 989 million dollars covering 85 percent of the contract price, for the Cen... Read More


Sri Lankan Banks manage capital impact of SLFRS 9

Sri Lanka, March 22 -- Sri Lankan banks have been able to manage the capital impact of first-time adoption of SLFRS 9 accounting standards, in line with our expectations, due to capital infusions ahea... Read More


"Open, free, secure and resilient cyberspace vital for development and democracy" British HC to SL

Sri Lanka, March 22 -- At the launch of the "Cyber Resilience for Development" project, British High Commissioner to Sri Lanka James Dauris noted the importance of an open, free, secure and resilient ... Read More