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    First cheque deposit machine

    First cheque deposit machine

    The Commercial Bank of Ceylon launched the first fully-automated cheque deposit service machine at its City Office in York Street, Colombo this week. This cheque deposit machine eliminates the need for the filling up of cheque and account details on a deposit envelope. The depositor is required only…

    Mangala leads lankan delegation to adb manila confab

    Mangala leads lankan delegation to adb manila confab

    Finance and Mass Media Minister Mangala Samaraweera will lead the Sri Lankan delegation at the 51st Asian Development Bank (ADB) Board of Governors’ Annual Meeting 2018 at the ADB Headquarters in Mandaluyong City in Manila. Minister Samaraweera, who is also the ADB Governor for Sri Lanka, will address…

    Sri Lanka targets USD2.5Bn in FDI in 2018, USD 5Bn by 2020:Fin Min

    Sri Lanka targets USD2.5Bn in FDI in 2018, USD 5Bn by 2020:Fin Min

    Sri Lanka’s government is looking at attracting up to US 2.5 billion dollars in Foreign Direct Investments (FDI) in 2018, and to double it to US 5 billion by 2020, a statement said. In 2017 the the highest FDI inflows came from China, followed by Hong Kong, India and…

    Lanka’s forex reserve increases to US$ 7.9 bn in February

    Lanka’s forex reserve increases to US$ 7.9 bn in February

    Sri Lanka’s forex reserve assets increased to US$ 7.9 billion in February 2018, above the average four month…

    Sri Lanka must enhance fiscal income to offset narrowing external drains: Fin Min

    Sri Lanka’s Finance minister says the island must optimize utilizing local resources with a well-managed and efficient tax…

    Sri Lanka to raise USD5Bn from Sovereign and Development Bonds in 2018

    Sri Lanka to raise USD5Bn from Sovereign and Development Bonds in 2018

    Sri Lanka’s cabinet of ministers have given approval to raise up to US 2 billion dollars through foreign commercial…

    ADB doubles its assistance to Sri Lanka to USD1bn

    Asian Development Bank (ADB) has doubled its multi-sectoral assistance to Sri Lanka as a result of the merger…

    IMF, WB praise country’s economic performance – Minister Karunanayake

    IMF, WB praise country’s economic performance – Minister Karunanayake

    The current economic performance of Sri Lanka was given a special praise during the ongoing biannual summit of…

    Sri Lanka finance minister pledges fiscal discipline

    Sri Lanka finance minister pledges fiscal discipline

    After a warning from the International Monetary Fund about its thin foreign-currency reserves, the Sri Lankan government has…

    ADB to introduce new partnership strategy with Sri Lanka

    ADB to introduce new partnership strategy with Sri Lanka

    Asian Development Bank is working on a new country partnership strategy with Sri Lanka’s government to address dynamic…

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