The newly enacted legislative framework for the Port City Colombo project will help raise non-debt foreign exchange inflows for Sri Lanka, Governor of the Central Bank of Sri Lanka (CBSL) W.D. Lakshman said here on Monday.
Sri Lanka’s parliament on May 20 approved a bill to establish a service-oriented special economic zone in 269 hectares of land reclaimed from the ocean and annexed to the city of Colombo.
In an official statement on Monday, Lakshman dismissed speculation over Sri Lanka’s ability to service its debt as “unwarranted†and “harmfulâ€.
Lakshman said Sri Lanka’s external debt has been brought down despite adverse conditions posed by the COVID-19 pandemic. He said the CBSL was judiciously managing imports and foreign reserves.
President Anura Kumara Dissanayake is scheduled to commence his official visit to Japan today (27),…
Government is compelled to control social media with a view to preventing hate speech, insults…
President Anura Kumara Dissanayake said that investigations into the 2019 Easter Sunday bomb attacks are…
United States President Donald Trump announced on Thursday (Sep 25) new tariffs on pharmaceuticals, big-rig…
Nations Trust Bank PLC (NTB) shares closed up 22.72% yesterday, up Rs. 72.25 to Rs.…
Gampaha District SJB MP Prasad Siriwardana yesterday dismissed claims of rodents and unhygienic conditions in…
