Central Bank Governor Briefs Parliament on Economic Stabilisation Efforts
In a special session held on Tuesday, Dr. Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka (CBSL), provided a comprehensive briefing.
Finance
Economics
Middle East War Poses Risk to Sri Lanka’s Trade, Remittances: CBSL Warns
A broader conflict in the Middle East could significantly impact Sri Lanka’s tea exports, petroleum imports, and remittance inflows, according to the Central.
- September 5, 2024
Business
Inflation Drops to 0.5% in August 2024 as Prices Decline
Sri Lanka’s headline inflation, measured by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index (CCPI, 2021=100), dropped sharply to 0.5% in.
- September 2, 2024
Finance
Sri Lanka’s Loan Demand Rises in Q2 2024 Amid Lower Interest Rates and Exchange Rate Stability
Sri Lanka experienced a significant increase in loan demand across the retail, corporate, and small and medium enterprise (SME) sectors during the second.
- August 26, 2024
Industry Analysis
Sanjeewa Bandaranayake Appointed CEO/GM of People’s Leasing & Finance
People’s Leasing & Finance PLC (PLC), a leading non-bank financial services institution and a subsidiary of People’s Bank, has announced the appointment of.
- August 8, 2024
Economics
Central Bank Rules Out Interest Rate Regulations Amid Relief Calls
Last week, the Central Bank of Sri Lanka reaffirmed its stance against regulating interest rates, opting to let market forces dictate the rates..
- July 29, 2024
Economics
Sri Lanka Central Bank Cuts Interest Rates to Boost Economy
The Monetary Policy Board of the Central Bank of Sri Lanka, at its meeting held on July 23, 2024, decided to reduce the.
- July 24, 2024