The Cabinet has approved the memorandum presented by President Ranil Wickremesinghe to provide food and essential services to residents in Kolonnawa and other areas in the country affected by recent floods as a result of adverse weather conditions. This decision was made during the Cabinet meeting held yesterday (03). Following the President’s observation tour to assess the situation and discussions …
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President Ranil Wickremesinghe received the credentials of five newly appointed High Commissioners and nine Ambassadors to Sri Lanka at the Colombo Fort President’s House this morning (05). The High Commissioners representing New Zealand, the Republic of Cyprus, the Maldives, the Republic of Sierra Leone, and the Republic of Mauritius were present. Additionally, Ambassadors from the Republic of Guatemala, the People’s …
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Sigiriya Rock, known as the ‘eighth wonder’ by Sri Lankans, is a popular tourist destination not only among Sri Lankans but also among foreign tourists. Sigiriya, site in central Sri Lanka consisting of the ruins of an ancient stronghold that was built in the late 5th century CE on a remarkable monolithic rock pillar. The rock, which is so steep …
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South Africa humbled Sri Lanka by a 6-wicket thrashing completing the demolition in just 16.2 overs for 80 for 4 having bundled out out the islanders for 77 with Anrich Nortje claiming an impeccable 4 for 7 in the fourth fixture of the ICC 2024 T20 World Cup yesterday on a surface unhelpful to batsmen with the boundaries difficult to …
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The sky is the limit as former 2014 world champions Sri Lanka led by the imaginative attacking captain, Wanindu Hasaranga as his largely youthful side blended in the sole experience of long timer Angelo Mathews will necessarily need to exhibit that ultimate defining firepower in cricket’s most spellbindingly compelling short format 2024 ICC T20 World Cup flyer in a tilt …
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Headline inflation, as measured by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index (CCPI, 2021=100) decelerated to 0.9% in May 2024 from 1.5% in April 2024. This deceleration in the headline inflation is broadly in line with the projections of the Central Bank of Sri Lanka (CBSL). Prices of the items in the Food category, on year-onyear basis, remained unchanged in May 2024 …
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The Monetary Policy Board of the Central Bank of Sri Lanka, at its meeting held on 27 May 2024, decided to maintain the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) of the Central Bank at their current levels of 8.50 per cent and 9.50 per cent, respectively. The Board arrived at this decision after carefully …
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Today, on May 21, 2024, the Central Bank of Sri Lanka launched the Financial Literacy Roadmap of Sri Lanka, marking a significant step towards enhancing the financial capabilities of Sri Lankans. This Roadmap, a cornerstone of Sri Lanka’s National Financial Inclusion Strategy (NFIS), offers evidence-based guidance to all stakeholders engaged in financial literacy initiatives, aligning them towards a common objective: …
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