In a bid to fix interbank rates to within a few basis points, which leads to excess liquidity, external instability and ...

Fitch Ratings has upgraded the National Insurer Financial Strength (IFS) Ratings of four Sri Lankan insurers following the ...

who are preparing to sacrifice Sri Lanka as the Catholic Inquisitors of the past. Thank you Charles. Godage and Brothers (Pvt) Ltd are directly responsible for the sales. However I do know, with my ...

SEC updated ESG Product Platform with key information on SRI Funds to promote sustainable investments. Platform provides easy access to accurate and up-to-date information for investors and the public ...

Colombo, Sri Lanka – January 22, 2025 – World Bank Vice President for South Asia, Martin Raiser, concluded a 2-day visit to Sri Lanka today, where he met with His Excellency President Anura Kumara ...

The Securities and Exchange Commission is rolling out a new cryptocurrency task force, the first big move in the crypto space of Donald Trump's second term in the White House. The SEC announced ...

, said the task force will be dedicated to coming up with a “comprehensive and clear” regulatory framework for crypto assets. It will be led by SEC Commissioner Hester Peirce, who has been ...

With 75% of petroleum imports used for transport (nearly $ 3 billion in 2023), switching to electric transport can lead to substantial foreign exchange savings. Sri Lanka can enhance energy efficiency ...

Sri Lanka declared bankruptcy in 2022 and halted repayments on some repayments on some US$83 billion in domestic and foreign loans. In November 2023, Sri Lanka reached an agreement with China ...

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Sinopec, China's state-owned and largest oil refiner, signed an agreement with Sri Lanka's energy ministry to invest $3.7 billion in a state-of-the-art oil refinery with a capacity of 200,000 ...