Sri Lanka Hosts Regional Meeting on Financial Stability and Cross-Border Payments
FSB’s RCG Asia convenes in Colombo with global financial institutions Sri Lanka’s central bank announced that key discussions on financial system stability and.
Finance
Finance
Sri Lanka’s Financial System Set for Recovery Amid Asset Quality Gains and Stronger Capital Buffers
Sri Lanka’s financial system is on the path to recovery, with expectations of improved asset quality and strengthened capital buffers, according to the.
- October 14, 2024
Economics
World Bank Signs $200 Million Deal to Support Sri Lanka’s Economic Reforms
The World Bank and the Government of Sri Lanka signed the Second Resilience, Stability, and Economic Turnaround (RESET) Development Policy Operation (DPO) yesterday,.
- October 8, 2024
Politics
Sri Lanka’s Economy Will Not Collapse Under NPP, Assures Anura Kumara Dissanayake
Sri Lanka’s economy will remain stable under the National People’s Power (NPP) administration, according to party leader Anura Kumara Dissanayake. Addressing the business.
- September 5, 2024
Finance
Sri Lanka’s Positive Growth Momentum Expected to Continue: CB Governor
Sri Lanka’s positive economic growth, seen in early 2024, is likely to continue, supported by low inflation and a stable exchange rate, according.
- August 14, 2024
Finance
NDB Bank Empowers Tech Professionals with Financial Mastery Workshop
NDB Bank recently hosted a transformative financial mastery workshop aimed at empowering tech professionals with crucial financial skills. Held on July 12th at.
- July 25, 2024
Industry & Analysis
Fitch Affirms ‘A-(lka)’ Rating for National Development Bank with Stable Outlook
Fitch Ratings has reaffirmed the ‘A-(lka)’ National Long-Term Rating for Sri Lanka’s National Development Bank Plc (NDB), maintaining a Stable outlook. This decision.
- July 25, 2024
Finance
Fitch Affirms ‘BBB(lka)’ Rating for NITF, Highlights Reinsurance Challenges
Fitch Ratings has affirmed the ‘BBB(lka)’ insurer rating for Sri Lanka’s National Insurance Trust Fund (NITF), maintaining a stable outlook but cautioning about.
- July 18, 2024
Economics
Sri Lanka to Implement Cost-Based Water Pricing Formula in 2025
Sri Lanka’s cabinet of ministers has approved a cost-based pricing formula for the state-run National Water Supply and Drainage Board, according to Minister.
- July 17, 2024
Economics
IMF Warns of Global Growth Risks Amidst Elevated Inflation
IMF Cautions on Global Growth Threats from Persistent Inflation The International Monetary Fund (IMF) has issued a warning that global growth is at.
- July 17, 2024