An earthquake of magnitude 4.2 on the Richter scale jolted Northern Sumatra in Indonesia, the National Centre for Seismology (NCS) said on Monday. Read more: Sri Lanka’s ex-presid …
Interest rates to be reduced in 2023: Sri Lanka’s central bank chief
He said that Sri Lanka’s inflation rate eased to 57.2 per cent in December from 61 per cent in November, noting that this reflected that the policies they have taken from April 2022 were successful …
Sri Lanka carries forward its low foreign reserves and unusable Chinese currency swap into 2023
Sanath Nanayakkare Sri Lanka has entered into 2023 with low foreign exchange reserves and its unusable Chinese currency swap.According to the Central Bank of Sri Lanka (CBSL), Sri Lanka’s gross …
IND vs SL T20Is: Irfan Pathan Names Sri Lanka Players Who Could Be ‘Real Threats’ To India
Team India’s former all-rounder Irfan Pathan has advised India to be careful with some Sri Lankan players who could pose a threat to the hosts.
FPJ Rewind 2022: Five major protests from around the world, from Sri Lanka to Russia
Sri Lankan Protests: Sri Lanka was in the midst of a major political crisis, with protests taking place across the country. The main source of discontent was the government of President Mahinda Rajapaksa,
Sri Lanka’s central bank chief favours reduction in interest rates
Steps will be taken in 2023 to reduce key interest rates in Sri Lanka, said Governor of Central Bank of Sri Lanka (CBSL) Nandalal Weerasinghe on Sunday.
Sri Lanka’s central bank chief says to reduce interest rates in 2023
He said that Sri Lanka’s inflation rate eased to 57.2 percent in December from 61 percent in November, noting that this reflected that the policies they have taken from April 2022 were successful.
2023 will be critical, plan to turn around the economy: Sri Lankan Prez
Sri Lanka President Ranil Wickremesinghe on Sunday said 2023 will be a critical year for the cash-strapped country, as his regime desperately scrambles to inject much-needed impetus to galvanise the …
2023 Will Be ‘Critical Year’, Plan To Turn Around The Economy, Says Sri Lanka President Wickremesinghe In New Year’s Message
Sri Lanka was hit by an unprecedented financial crisis in 2022 due to a severe paucity in foreign exchange reserves that also sparked political turmoil in the island nation that led to the ouster of t …
Sri Lanka stares at food shortage, President Wickremesinghe asks for help
The critical situation of the currency crisis in Sri Lanka has resulted in political, economic and social turmoil. Further, this currency collapse has resulted in a rise in food prices by 100 per cent …