Category : Economy & Market
CBSL caps gold-backed loans at 70% of collateral value
The Central Bank of Sri Lanka has imposed a 70% loan-to-value cap on gold-backed loan...
4,000 LCs by two companies: Vehicle Importers Seek Probe
Sri Lanka’s Vehicle Importers’ Association has urged the Finance Ministry and Central...
Sri Lankan Rupee slumps as Asia’s worst-performing currency this month
The Sri Lankan rupee has been identified as the worst-performing currency in Asia thi...
If no foreign investment: Govt to self-fund Mannar-Habrana wind transmission line
Sri Lanka may use state funds to build a proposed 400kV transmission line from the No...
Food processing industry warns: Unbearable retail price hikes
Sri Lanka’s Food Processing Association warns processed food prices may rise sharply ...
Minimum bus fare could increase to Rs. 40 due to rupee depreciation: Gemunu
The Lanka Private Bus Owners’ Association warns that Sri Lanka’s minimum bus fare cou...
Mulleriyawa supermarket fined Rs. 500,000 for overpricing rice
The Maligakanda Magistrate’s Court has fined a Mulleriyawa supermarket Rs. 500,000 fo...
Delayed coal shipments: No demurrages for this year
Energy Minister Anura Karunathilaka says Sri Lanka has not incurred demurrage charges...