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Tag: Sri Lanka

Posted on July 18, 2025

How Did Sri Lanka’s Economy Collapse? Causes & Economic Reforms

Sri Lanka’s economy was valued at $85.2 billion in 2021, holding steady from previous years in spite of the effects of the COVID-19 pandemic on tourism, one of its biggest contributors to earnings.
Posted on July 18, 2025

Sri Lanka still has no finance minister amid continuing anti-government …

The public health system is breaking down. Sri Lanka imports more than 85 percent of its pharmaceutical needs and the government has no US dollars to pay for them.
Posted on July 18, 2025

SRI LANKA IN VIRTUAL TALKS WITH US TO REDUCE TARIFFS

The Sri Lankan government is holding a virtual discussion with the US Trade Representative today (18) with the aim of reducing the proposed tariffs by the United States. The meeting includes the …
Posted on July 18, 2025

Sri Lanka’s Central Bank imposes new caps on vehicle loan ratios

In a decisive move to strengthen macroprudential policy and mitigate systemic financial risks, the Central Bank of Sri Lanka (CBSL), acting as the Macroprudential Authority, has issued new Directions …
Posted on July 18, 2025

Bangladesh Bank honours Sri Lankan bankers for foiling 2016 cyber heist

Bangladesh’s central bank (Bangladesh Bank) hosted a special award ceremony to formally recognise officials from Sri Lanka’s Pan Asia Banking Corporation PLC (PABC) for their role in preventing a US$2 …
Posted on July 18, 2025

Bangladesh Bank honours Sri Lankan bankers for foiling 2016 cyber heist

Bangladesh’s central bank (Bangladesh Bank) hosted a special award ceremony to formally recognise officials from Sri Lanka’s Pan Asia Banking Corporation PLC (PABC) for their role in preventing a US$2 …
Posted on July 18, 2025

Port City Colombo showcases investment potential at Sri Lanka Investor Trade and Tourism Forum 2025 in Malaysia

Port City Colombo participated as a Strategic Partner at the Sri Lanka Investor Trade & Tourism Forum 2025, held on 11 July, in Kuala Lumpur, Malaysia. The event was organised by the Sri Lankan High …

( read original story …)



Posted on July 18, 2025

US breaching OCC agreements with Sri Lanka: ex-President

The United States is breaching the Official Creditor Committee agreements by making it difficult to repay creditors by imposing sudden tariffs on the country, ex-President Ranil Wickremesinghe said.

( read original story …)



Posted on July 18, 2025

NDB Bank Honoured with Prestigious Titles at Asian Banking & Finance Awards 2025

This year’s honours follow closely on the heels of NDB’s earlier win under the Wholesale Banking Awards category, where the Bank was named Domestic Project Finance Bank of the Year – Sri Lanka, …
Posted on July 18, 2025

2016 Bangladesh Bank heist: Sri Lankan bankers honoured for vigilance, professionalism

Bangladesh Bank arranged a special award ceremony at its headquarters in Motijheel on Thursday to formally recognize and honor officials from Sri Lanka’s Pan Asia Banking Corporation PLC (PABC).

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