New Forex regulations were recently issued by the Central Bank of Sri Lanka [CBSL]. Policy measures have been in effect since the 22nd of March 2021. Accordingly the CBSL announced that revisions had been made under the Foreign Exchange Act, No. 12 of 2017
The World Bank recently issued a statement pledging its support to Sri
DFCC Bank PLC, recorded a profit before tax (PBT) of Rs. 1,915
The Urban Development Authority (UDA) in Sri Lanka has given due notice,
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The Colombo Port City Economic Commission Act was passed in Parliament on May 19 and has now been ratified by the speaker.
It has been decided that Sri Lanka’s WindForce Ltd will be developing Karadiyana Waste to Energy Power Plant. This news was revealed
In a joint effort to curb the spread of the virus, the Sri Lanka Medical Association (SLMA), along with the Association of
Chairman of Melstacorp PLC Harry Jayawardena recently paid a visit to the project development site of Port City Colombo. He was able
DFCC Bank PLC, recorded a profit before tax (PBT) of Rs. 1,915 million and a profit after tax (PAT) ofRs. 1,479 million
Ceylon Petroleum Storage Terminal Ltd (CPSTL), hit a record figure of Rs. 2.1 billion in profit, although it witnessed a 19% drop
The tourism industry has been hard hit, following the first covid-19 outbreak in March 2020 in Sri Lanka. However the industry has
Statistics show that upto one in two people worldwide, suffered losses in income due to the coronavirus pandemic. Low income countries in
The Central Bank Annual Report which was released recently, showed that there was a stronger credit demand by State-owned Enterprises (SOEs) resulting
The European Palm Oil Alliance (EPOA) has expressed its disapproval with regards to the decision made by the Sri Lankan Government, to
