The Central Bank of Sri Lanka (CBSL) wishes to announce the issuance of the Banking Act Directions No. 05 of 2024 on Corporate Governance for Licensed Banks on 30.09.2024. These Directions were issued with a view to strengthening the corporate governance processes and practices of the licensed commercial banks and licensed specialised banks (hereinafter referred to as licensed banks), thus …
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The Election Commission has announced that it is geared to conduct the much-delayed 2023 Local Government Elections shortly after the upcoming General Elections. In a special statement, the Commission said dates for the Local Government elections will be announced soon after the General elections conclude. The Commission’s announcement follows a series of legal proceedings and financial discussions regarding the allocation …
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Says the President as he takes on the role of Minister of Agriculture, Lands, Livestock, Irrigation, Fisheries, and Aquatic Resources. President Anura Kumara Dissanayake affirmed his commitment to supporting public servants who dedicate themselves to creating an efficient, citizen-focused public service. He emphasized that unlike under previous administrations government officials working in the interest of the people will no longer …
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Sri Lanka has reported a staggering 239 elephant deaths within the last eight months owing to a plethora of reasons, Wildlife Department sources said. The deaths include 40 from gunshots, 31 from electrocution, 28 from ‘hakka patas’ , 04 from poisoning, 05 from train accidents, 06 from a road accident, 11 by drowning, and 07 from other accidents. Further, the …
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A high-level delegation from the International Monetary Fund (IMF) arrived in Sri Lanka today (02) to engage with the newly formed government led by President Anura Kumara Dissanayake. The primary objective of the visit was to initiate discussions on the progress of the IMF Program and necessary steps towards the release of the fourth tranche of the $ 2.9 billion …
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Former president Ranil Wickremesinghe-led government was negotiating with the IMF for the release of the fourth tranche of the $2.9 billion facility A high-level team of the International Monetary Fund will arrive in Sri Lanka on Wednesday (October 2, 2024) to meet the new government headed by President Anura Kumara Dissanayake and discuss the latest economic reforms supported by the …
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The selling rate of the US dollar has fallen below Rs. 300 for the first time since June 8, 2023. According to the Central Bank of Sri Lanka, the selling rate of a US dollar was recorded at Rs. 299.35 while the current buying rate stands at Rs. 290.30.
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President Anura Kumara Dissanayake is scheduled to engage in talks today (02) with ambassadors, high commissioners, and representatives from seven countries. In line with the current government’s policy of strengthening bilateral relations globally, the President will meet with these foreign diplomats and representatives for discussions. The ambassadors, high commissioners, and representatives from Cuba, the United Kingdom, Australia, China, Japan, Canada, …
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The US Embassy in Colombo announced the start of the 2026 Diversity Visa Lottery Program, also known as the “Green Card” Lottery. The programme will be open for online registration from today, October 2, at 12:00 p.m. till November 5, 2024. This programme allows people from countries with low U.S. immigration rates, who meet eligibility requirements, to apply for a …
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Due to an increase in bad cholesterol, the body becomes vulnerable to heart diseases. In such a situation, people consider a bad lifestyle responsible for controlling it and this is justified too. Bad cholesterol increases rapidly due to irregular eating habits, junk food, excessive consumption of alcohol, and lack of exercise. But let us tell you that lifestyle is not …
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