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The Colombo High Court today (May 31), has ordered the release of former Governor of the Central Bank of Sri Lanka (CBSL), Ajith Nivard Cabraal, and four other defendants in a case filed against them.The post Ajith Nivard Cabraal and 4 others released from 2012 Greek Bonds case appeared first on Sri Lanka News | Breaking News & Top Stories in Sri Lanka | ONLANKA.
The Colombo High Court today (31) ordered the release of former Governor of the Central Bank of Sri Lanka (CBSL) Ajith Nivard Cabraal and three other defendants in a case filed against them alleging financial losses caused to the government of Sri Lanka through investments in Greek treasury bonds in 2012.
[…]The post “VFS” The Whole Lot! appeared first on Colombo Telegraph.
Sri Lanka has again requested Canada not to repeat baseless allegations of genocide here. Foreign Secretary Aruni Wijewardane took up the issue when she met Canadian Deputy Minister for International Development Christopher MacLennan at the Ministry of Foreign Affairs on Wednesday (28) Recently, Foreign Ministry accused Canadian Prime Minister Justin Trudeau of repeatedly propagating lies […...
During the “Advancing Energy Transition” round table discussion at the Hilton Colombo on Wednesday (29) morning, President Ranil Wickremesinghe emphasized the need for a comprehensive plan to exploit renewable energy and explore future trends in green hydrogen in Sri Lanka. The event, held in collaboration with the World Bank, the Ministry of Power and Energy, […]
Sri Lanka is studying South Australia’s energy transition policy, which looks at net-zero emissions by 2050. President Ranil Wickremesinghe said that Sri Lanka needs to decide if it requires energy transition legislation. “Some countries have energy transition legislation. We have also looked at that. We have looked at some areas such as South Australia. It […]
[…]The post Quo Vadis? – Feeding The 225; Don’t Wait For The State; Let’s Act On Our Own appeared first on Colombo Telegraph.
by Rex Clementine You’ve got to appreciate the frankness with which Upul Tharanga has gone about his business as Chairman of Selectors. The clarity the former captain has shown had it been followed by his predecessors, Sri Lanka wouldn’t have got knocked out of next year’s Champions Trophy. One question that everyone seemed to be […]
[…]The post Stop Using Schools As Political Platforms! appeared first on Colombo Telegraph.
Labour and Foreign Employment Minister Manusha Nanayakkara announced that the Cabinet has approved a proposal to provide social security benefits to all workers aged 55 and above across various industries. This initiative includes the preparation of necessary legal provisions, which will be developed alongside the “Garusaru” program. Addressing the press briefing titled “Collective Path to […...
[…]The post Celebrating Menstrual Hygiene Day: Reproductive Rights & The Fight Against Period Poverty appeared first on Colombo Telegraph.
Union Bank commenced the launch of digital zones providing 24/7 Smart Banking services from its Head Office in April 2024. This was followed by the opening of several new digital zones in other area including Pettah, Rajagiriya, Kandy, Gampaha, Negombo and Kurunegala, offering customers seamless transactions including cash deposits, cash withdrawals, cardless deposits, fund transfers […]
The Central Bank of Sri Lanka has decided to maintain the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) at their current levels of 8.50 per cent and 9.50 per cent, respectively. The Monetary Policy Board of the Central Bank of Sri Lanka arrived at this decision after carefully assessing the […]
The Central Bank of Sri Lanka (CBSL) states that there is a possibility to further reduce the market interest rates.
The United National Party (UNP), led by President Ranil Wickremesinghe, has proposed a referendum to extend the terms of both the Sri Lankan President and Parliament by two years.The post UNP proposes referendum to Extend Presidential and Parliamentary terms by two years appeared first on Sri Lanka News | Breaking News & Top Stories in Sri Lanka | ONLANKA.
The Monetary Policy Board of the Central Bank of Sri Lanka (CBSL) has decided to maintain the Standing Deposit Facility Rate (SDFR) at 8.50 percent and the Standing Lending Facility Rate (SLFR) at 9.50 percent.The post Central Bank of Sri Lanka maintains Policy Rates to support Economic Recovery appeared first on Sri Lanka News | Breaking News & Top Stories in Sri Lanka | ONLANKA.
The Monetary Policy Board of the Central Bank of Sri Lanka (CBSL) has decided to maintain the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) at their current levels of 8.50 per cent and 9.50 per cent, respectively.
An individual employed at the Excise Department and a person who is said to be a manager of a private bank are among 08 suspects arrested by Alawathugoda Police in connection with a drug racket.
In an attempt to address the unique financial needs of freelancers, DFCC Bank proudly introduces the DFCC Freelancer World Mastercard credit card. DFCC Freelancer is a financial solution uniquely designed to cater specifically to the dynamic needs of Sri Lanka’s growing freelancer community. DFCC Bank is the first bank in the country to directly appeal […]
The plantation industry raised its strongest possible objections to the Government’s ”arbitrary, reckless, unilateral decision” to drastically hike minimum wages for tea and rubber sector workers by an unprecedented 70%. All producer stakeholders issued a unified warning against the devastating impact the latest increase will have on the plantation sector, leading crippling opera...
The world economy had not recovered from the daunting impact of coronavirus, the geo-political headwinds such as Russia-Ukraine war impacted the recovery process in 2022 and before this war settled, Israel-Gaza conflict deepened the geo-politics and geo-political fragmentation. The geo-political disturbances and geo-political fragmentations caused price escalations in the international commodity p...
Monday 27th May, 2024 An attempt by the Committee on Public Finance (COPF) to convene a meeting as part of its ongoing inquiry into the on-arrival visa scandal has come a cropper once again owing to the unavailability of relevant state officials, according to media reports quoting an ‘X’ message posted by COPF Chairman Dr. […]
The announcement that India will overtake Japan in nominal gross domestic product in dollar terms in 2025 has shocked Tokyo. Until 2010, Japan had been home to the world’s undisputed second-largest economy, but it’s now on the brink of slipping to fifth place. In estimates released in late April, the International Monetary Fund indicated that […]
[…]The post Gamini Karunathilake Offers Practical Handbook On Credit Evaluation appeared first on Colombo Telegraph.
[…]The post President Ranil Wickremesinghe Rescued & Stable Economy In Sri Lanka – An Inquiry appeared first on Colombo Telegraph.
[…]The post Whither The National Education Policy Framework Of Sri Lanka? appeared first on Colombo Telegraph.
The Central Bank of Sri Lanka (CBSL) states that in order to implement the actions under its Financial Literacy Roadmap for the country, it plans to use the current network systems of government offices to create and deliver financial-related content to targeted audience, which are the youth and women.
[…]The post Economic Stability With SOE Reforms Need System Change appeared first on Colombo Telegraph.
A fake report about a new cyber heist in Bangladesh Bank (BB) has hit news headlines in some media outlets in Bangladesh and some foreign countries. News coverage about the latest false rumour on cyber heist blames officials of the central bank of Bangladesh and aims to malign the Bangladesh government. It may be recalled […]
The Sri Lankan Foreign Ministry, in a hard-hitting statement alleged yesterday that repeated statements by Canadian Prime Minister Justin Trudeau with regard to Sri Lanka are the outcome of electoral vote bank politics there, funded by a small number of Canadians of Sri Lankan origin with vested and personal interests. The Ministry alleged Premier Trudeau’s […]