Rs. 104 billion printed in two weeks
The Central Bank of Sri Lanka (CBSL) has printed Rs. 104 billion within the two-week period of 11-24 May, as Prime Minister Ranil Wickremesinghe wants to print Rs. 1 trillion to cover Government expe Read More »
Deadline for minimum capital requirement of banks extended by one year
As a measure to support the banking sector, the Central Bank of Sri lanka (CBSL) has extended the current deadline for licensed banks to meet the enhanced minimum capital requirement 31 December 2022 Read More »
‘$ 120 mn promised for essential imports’
Central Bank of Sri Lanka (CBSL) Governor Dr. Nandalal Weerasinghe has promised to provide $ 100-120 million to importers of essential items through banks, after the importers warned of food shortages Read More »
Harsha, Sajith slam Govt. on BOC loss
The main Opposition party, the Samagi Jana Balawegaya (SJB), slammed the Government of Sri Lanka (GoSL), alleging that its conduct had caused the Bank of Ceylon (BOC) to suffer losses. Read More »
STF Corporate Advisory secures $ 15 mn from US DFC
STF Corporate Advisory has managed to source and secure a $ 15 million loan from Washington-based United States International Development Finance Corporation (US DFC), America’s development finance in Read More »
WSO2 completes $ 93 mn funding round
WSO2, a company in digital transformation technology, announced that it has completed its Series E funding round with the addition of RedStart Labs (India), a subsidiary of Info Edge Ltd. (NSE: NAUKRI Read More »
Oil edges higher on tight supply
Oil prices rose yesterday (25), buoyed by tight supplies and the prospect of rising demand from the summer driving season in the US, the world’s biggest crude consumer. Read More »