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CCPI-based headline inflation continued to remain in the negative territory in December 2024

In line with the Central Bank’s near term projections, headline inflation, as measured by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index (CCPI, 2021=100) remained in the negative territory for the fourth consecutive month, recording a deflation of 1.7% in December 2024 compared to...

Major General Ruwan Wanigasooriya appointed Chief of National Intelligence

Major General Ruwan Wanigasooriya (Retd) has been appointed as the new Chief of National Intelligence, the Ministry of Defence said. He officially received his letter of appointment from Defence Secretary Air Vice Marshal Sampath Thuyacontha (Retd) yesterday. Major General Wanigasooriya...
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Passport queues to exist further in New Year

The crisis involved in the issuance of passports is to exist further in the New Year, since the available stock is sufficient only for the first half of this year, and the government is still at a loss to call...

President instructs Officials to Curb Drug Trafficking and Underworld Activities in Prisons

President Anura Kumara Dissanayake directed officials to take immediate measures to suppress drug trafficking and underworld activities that operated within the prison system. These instructions were issued during a discussion held at the Presidential Secretariat today (30). The President emphasized...

Appointed as New Army and Navy Commanders

President Anura Kumar Disanayake has appointed Major General Lasantha Rodrigo as the new Commander of the Army and Rear Admiral Kanchnna Banagoda as the new Commander of the Navy. The official appointment letters were presented to the newly appointed commanders...

Unusual activities reported in areas of elephant-human conflicts

Unusual activities are being reported in the areas where the elephants are being cased or captured to prevent elephant-human conflicts, advisor to the board of the Association of Veterinarians for Humane Management of Animal Population, Dr. Chamith Nanayakkara said. He...

Resolving ‘Rilava’ issue hits a snag

Efforts to capture and sterilize toque macaques planned by the government has hit a snag. This is due to the shortage of veterinary surgeons, transport facilities and other facilities at the Giritale Sterilizing Centre while an environmentalist said sterilizing will...

Moody’s raises Sri Lanka’s rating after debt overhaul approval

Dec 23 (Reuters) - Credit ratings agency Moody's on Monday raised Sri Lanka's long-term foreign currency issuer rating to 'Caa1' from 'Ca' with a stable outlook, after the country's creditors approved a $12.55 billion debt overhaul last week. Sri Lanka's...

President Leads Discussion on Sri Lanka’s Framework for Combating Money Laundering and Terrorism Financing

A high-level discussion on the critical preparations for Sri Lanka’s upcoming Mutual Evaluation (ME) by the Asia/Pacific Group on Money Laundering (APG) was held today (23) at the Presidential Secretariat under the patronage of President Anura Kumara Disanayake. The meeting...

SMEs Guide SL: Relief Measures to Assist the Affected Small and Medium Enterprises

The Central Bank of Sri Lanka issued a Circular to Licensed Banks on 19.12.2024, highlighting relief measures to be provided to the Small and Medium Enterprises (SMEs) affected due to the Easter Sunday attack, COVID-19 pandemic, and the extraordinary macroeconomic...
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