Central Bank further relaxes its monetary policy stance

Central Bank further relaxes its monetary policy stance

The Monetary Policy Board of the Central Bank of Sri Lanka (CBSL) has decided to further reduce the Standing Deposit...

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Thailand-Sri Lanka free trade talks set to start next week

Thailand-Sri Lanka free trade talks set to start next week

Thailand and Sri Lanka plan to conclude negotiations for a bilateral free trade agreement (FTA) by the end of this...

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Union Assurance Strengthens ‘Go Green’ Initiatives with Policy Certificates and e-Policy Documents

Union Assurance Strengthens ‘Go Green’ Initiatives with Policy Certificates and e-Policy Documents

Union Assurance, Sri Lanka’s leading Life Insurer, has continuously recognized the importance of sustainability and environmental responsibility with ‘Go Green’...

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Sri Lanka’s inflation climbs to 1.0% in October

Sri Lanka’s inflation climbs to 1.0% in October

The overall rate of inflation as measured by the National Consumer Price Index (NCPI) on year-on-year (Y-o-Y) basis has gone...

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China, Sri Lanka to further strengthen economic, trade, investment and cultural ties

China, Sri Lanka to further strengthen economic, trade, investment and cultural ties

Chinese President Xi Jinping’s Special Envoy and State Councilor, Shen Yiqin who is in Sri Lanka on an official visit...

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ICC to deliberate on SLC’s suspension, hosting of U-19 World Cup today

ICC to deliberate on SLC’s suspension, hosting of U-19 World Cup today

The International Cricket Council (ICC) is slated to make a decision in respect of the temporary ban imposed on the...

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Cabinet takes decision to fix sugar shortage after control price

Cabinet takes decision to fix sugar shortage after control price

The Government has decided to take over the stocks of sugar already imported under the previous levy of 25 cents...

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Terms of Sri Lanka’s debt deal with China shared with other creditors – report

Terms of Sri Lanka’s debt deal with China shared with other creditors – report

Sri Lanka’s central bank chief said the government has shared the terms of a $4.2 billion China debt deal with...

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Sri Lanka’s ambitious budget agenda faces high implementation risks – Fitch

Sri Lanka’s ambitious budget agenda faces high implementation risks – Fitch

The targets laid out in Sri Lanka’s budget for 2024 will be challenging to meet, even with the economic recovery...

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Union Assurance Paves Way for Inspiring Efforts of Teacher and Students

Union Assurance Paves Way for Inspiring Efforts of Teacher and Students

Union Assurance, Sri Lanka's leading Life Insurer, has recently donated musical instruments to Gairanagama Vidyalaya in recognition and support of...

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Economic growth of 1.8% is expected in 2024 – Semasinghe

Economic growth of 1.8% is expected in 2024 – Semasinghe

State Minister of Finance, Shehan Semasinghe says an anticipated economic growth for the year 2024 is projected at 1.8%. Addressing...

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Ceypetco seeks term gasoil supplies for 2024 delivery

Ceypetco seeks term gasoil supplies for 2024 delivery

Ceylon Petroleum Corporation (Ceypetco) is seeking to buy term supplies of 500 ppm sulphur gasoil for delivery between February and...

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Meta OKs deleting Threads without losing Instagram

Meta OKs deleting Threads without losing Instagram

Changes are being rolled out to the Threads app that will enable users to delete their account while keeping the...

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$150 million from World Bank to strengthen Sri Lanka’s financial sector

$150 million from World Bank to strengthen Sri Lanka’s financial sector

The World Bank’s Board of Executive Directors on Thursday (Nov. 09) approved $150 million in financing for Sri Lanka to...

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Govt confident food inflation will decline further in 2024

Govt confident food inflation will decline further in 2024

Trade, Commerce and Food Security Minister Nalin Fernando says food inflation is expected to decline further in 2024. Fernando mentioned...

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IMF Executive Board approves a proposal to increase financial quotas

IMF Executive Board approves a proposal to increase financial quotas

The Executive Board has approved a proposal to be considered by the Board of Governors to conclude the 16th General...

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Gulf countries to introduce unified tourist visa

Gulf countries to introduce unified tourist visa

Interior ministers of the Gulf Cooperation Council states have unanimously approved the introduction of a unified Gulf tourist visa. During...

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Union Assurance Rewards Annual Awards 2022 Gold Winners

Union Assurance Rewards Annual Awards 2022 Gold Winners

Union Assurance, Sri Lanka’s formidable Life Insurer, recently celebrated its Annual Awards 2022 gold winners with an unforgettable luxury hotel...

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