Reuters – The Sri Lankan rupee closed weaker for the fourth consecutive session on Monday, as worries about more attacks after the Easter Sunday bombings weighed on investor sentiment, while stocks extended gains into the fourth day after hitting a more than six-year closing low last week. ** Sri Lankan security officials have warned that…
Dialog will Double Every Donation up to Rs.100 Million. ‘Dialog Foundation’, a charitable trust under the aegis of Dialog Axiata PLC invites all Sri Lankans to help victims of the tragic events on 21st April, 2019, that claimed the lives of 253 people and injured hundreds. Dialog pledged to double every donation up to Rs.100…
The Central Bank of Sri Lanka has observed high interest rates charged on lending products and excessively high interest rates offered on deposit products by licensed commercial banks and licensed specialized banks (licensed banks) and Non-Bank Financial Institutions (NBFIs) despite the measures taken to bring down overnight interest rates and enhance market liquidity through the…
Following the tragic Easter Sunday attacks, President Trump immediately extended an offer of comprehensive support to Sri Lanka to support investigation and recovery efforts. The Sri Lankan government accepted this offer and U.S. teams are already working closely with their Sri Lankan partners on efforts including explosives detection, crime scene investigation, and forensics analysis. All…
President Maithripala Sirisena said that he has fullest confidence that the law and order machinery has all the required capabilities to meet the challenge of terrorism and bring back peace and normalcy very soon. Addressing heads of media today (April 26)at the President’s House in Colombo, he detailed out the short term and long term…
Reuters – The Sri Lankan rupee closed 0.1 percent weaker on Thursday as a bomb scare after the Easter Sunday attacks weighed on the currency, while stocks edged up for the second straight session after hitting a more than six-year low. ** Dollar-denominated bonds issued by Sri Lanka’s government tumbled across the curve on Thursday…
In terms of Section 35 of the Monetary Law Act No. 58 of 1949, the sixty ninth Annual Report of the Monetary Board of the Central Bank of Sri Lanka was presented to Hon. Mangala Samaraweera, the Minister of Finance, by Dr. Indrajit Coomaraswamy, the Governor of the Central Bank of Sri Lanka. A summary…
LONDON, (Reuters) – Britain said terrorists were likely to try to carry out further attacks in Sri Lanka and warned its nationals to avoid the country unless it was absolutely necessary following the Easter Sunday bombings that killed 359 people. The British Foreign Office said future attacks could be indiscriminate, including in places visited by…
The Telegraph – An IT director from Manchester has been named among the 310 people killed in the Sri Lanka attacks. Lorraine Campbell, 55, was staying at the Cinnamon Grand Hotel in Colombo when it was targeted by suicide bombers during a series of co-ordinated attacks on Easter Sunday. Ms Campbell was in Sri Lanka…
Bloomberg – An expected extension of Sri Lanka’s lending arrangement with the International Monetary Fund should give a critical cushion to the economy in the aftermath of the Easter Sunday terrorist attacks, a fund official said. “This will provide additional time to the authorities to anchor macroeconomic stability and complete their economic reform agenda,” Manuela Goretti,…
Video Story
