Central Bank of Sri Lanka announces official US dollar rates for today

The Central Bank of Sri Lanka has announced the official exchange rates for the day with the US dollar buying rate recorded at Rs. 225.20.



Don’t create more issues for Sri Lanka – Ex-PM Wickremesinghe tells Government

Former Prime Minister Ranil Wickremesinghe says the decision taken by the Special Presidential Commission of Inquiry to summon a number of Members of Parliament is problematic and also a security threat.



2,500 Metric Tons of Gas shipment arrives and distribution to begin

Litro Gas says 2,500 metric tons of domestic liquefied petroleum gas (LPG) has arrived in Sri Lanka and is currently being unloaded at the company’s storage terminal in Kerawalapitiya.



Supreme Court delivers Prevention of Terrorism Act Bill determination to Parliament

The Supreme Court has determined that certain clauses in the Bill to amend the Prevention of Terrorism (Temporary Provisions) Act No. 48 of 1979 need to be revised, Speaker of Mahinda Yapa Abeywardena informed the Parliament today (March 08).



Additional Rs. 38 for every US dollar sent by expats

The Central Bank has decided to pay an additional premium of Rs.38 for every US dollar sent by expatriate workers through approved channels.



Sri Lanka’s official reserves at USD 2.31 billion in February – CBSL

Sri Lanka has maintained its official reserves at USD 2.31 billion (USD 2,314 million) in February, says the Central Bank of Sri Lanka.



Hundreds of bakeries shut in Sri Lanka after cooking gas runs out

Nearly 1,000 bakeries have closed in Sri Lanka due to a severe shortage of cooking gas, an industry association said on Monday, as the impact of dwindling foreign exchange reserves ricochets through the country’s economy.



Cardinal tells UNHRC Easter Sunday carnage was part of a grand political plot

The Easter Sunday cranage of 2019 had been part of a grand political plot, Archbishop of Colombo, Malcolm Cardinal Ranjith, said at the 49th Session of the United Nations Human Rights Council yesterday.



Sri Lanka to allow rupee to weaken to 230 per dollar

Sri Lanka’s central bank on Monday set an exchange rate limit of 230 rupees to the dollar, effectively allowing a currency depreciation it hopes will attract investment and remittances to help ease the worst financial crisis in years.



One US Dollar risen to 230 Sri Lanka Rupees

The Central Bank of Sri Lanka (CBSL) has decided to increase the selling price of the US dollar to a maximum of Rs. 230 with immediate effect.



Sri Lanka’s largest cement factory declared open in Hambantota

President Gotabaya Rajapaksa and Prime Minister Mahinda Rajapaksa today (March 07) inaugurated the cement manufacturing facility of Lanwa Sanstha Cement Corporation (Pvt) Ltd., the largest cement factory in Sri Lanka, located in the Magampura Lanka Industrial Zone.



Nadungamuwa Raja to be declared as National Treasure

President Gotabaya Rajapaksa has issued directives today (March 07) to declare Nadungamuwa Raja who was the main casket bearer of the Esala perahera held in Kandy as a national treasure.



Fuel Queues become a common sight in Sri Lanka

Long queues can still be seen near filling stations across the country to obtain fuel amidst the prevailing Diesel shortage.



Nadungamuwa Raja passes away

Nadungamuwa Vijaya Raja, popularly known as Nadungamuwa Raja passed away this morning (March 07) at the age of 69, the caretaker of the elephant Harsha Dharmawijeya said.



International Finance Corporation re-affirms commitment to Sri Lanka with more investments

A top International Finance Corporation (IFC) official said the organization aims to boost its investments in Sri Lanka, with a focus on supporting private sector job creation, paving the way for investments to help spur the country’s recovery and future growth.



Vasudeva Nanayakkara to boycott Cabinet meetings

Minister of Water Supply, Vasudeva Nanayakkara, said he will notify President Gotabaya Rajapaksa in writing that he will not attend Cabinet meetings but will carry out his ministerial responsibilities.