Three major Sri Lankan authorities have banded together to form a blended finance platform where donor assistance is combined with additional private and public financing to leverage funds to back sustainable projects, officials said.
The Central Bank (CB) will roll out a national digital currency by the end of the year with the aim of modernising the country’s financial transactions and regulatory framework, a senior official disclosed to a parliamentary committee recently.
Govt. revenue in January surge 62% on economic turnaround, higher taxes
January revenue and grants amounted Rs. 283 bn
March outstanding credit card balance stands at Rs. 148.7 bn
Credit card ceiling rate due for downward revision as other lending rates descend fast
Ebrahim Raisi, Iran’s president, dies in helicopter crash aged 63
Iranian president was travelling by helicopter in the country’s East Azerbaijan province when it came down in a forested area.
Iran's President Ebrahim Raisi killed in helicopter crash - state TV
Ebrahim Raisi is a hardline cleric close to Iran's Supreme Leader Ayatollah Ali Khamenei. His election as president in 2021 consolidated the control of conservatives over every part of the Islamic Republic.
China hits back at US and EU as trade rows deepen
China has launched an anti-dumping probe into imports of a widely used plastic from the US, EU, Taiwan and Japan.
BOI trade unions oppose Economic Transformation Act
Allege real purpose is to secure financial benefits by transferring 15 profitable and well-operating Investment Zones under BOI to their associates before elections
National War Heroes Day Commemorated under the patronage of the Prime Minister
The 15th National War Heroes Day, commemoration to honour the war heroes, who sacrificed their lives to protect the unity of the motherland, was held under the patronage of Prime Minister Dinesh Gunawardena today (19.05.2024) in front of the National War Memorial at Sri Jayawardenapura Parliament Grounds.
For the first time, a Vesak festival is organized at Sanchi Vihara
The Buddhists of India's Bhopal area are making arrangements to hold the Vesak festival in a grand manner for the first time this year in association with the Sanchi Maha Vihara.
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Sri Lanka-China Friendship Association Unveils “Sri Lanka Cheena Mithudama” book
Colombo, Sri Lanka – 18th May 2024 – The Sri Lanka-China Friendship Association (SLCFA) proudly launched the book “Sri Lanka Cheena Mithudama” (Sri Lanka China
By Rohana Jith
SL economic reforms gets underway amidst the US pledge of extending advice at the moment
Sri Lanka falls short on 19 commitments to IMF programme - report
Sri Lanka has not met 30% of its due commitments to the IMF programme by the end of April 2024, which translates to a total of 19 unfulfilled obligations, according to a report by Verité Research.
Sri Lanka attracts over 46,000 tourists from May 1 – 12 this year
Sri Lanka welcomed over 46,000 international tourists for the first 12 days of May, a drop in momentum due to the start of the off peak season.