News

The IMF Executive Board completed the Fourth Review under the 48-month Extended Fund Facility with Sri Lanka, providing the country with immediate access to SDR 254 million (about US$350 million) to ...
Union Home Minister Amit Shah declared that Prime Minister Narendra Modi''s goal is to eliminate both terrorism and Naxalism ...
On 30 September 2024, the Central Bank of Sri Lanka (CBSL) issued the “Banking Act Direction No. 5 of 2024” (“the New ...
NEW DELHI : Currency exchange service provider BookMyForex (BMF), a MakeMyTrip company, has launched a new forex card with two key offerings—zero fee on ATM withdrawal and cross-currency conversion.
ECONOMYNEXT – The number of automated teller machines in Sri Lanka decreased 0.5 percent in 2024 from 2023, while transactions have steadily picked up over the past year, official data show. The ...
UAE - Arabian Travel Market (ATM), the leading global event for the travel and tourism sector which concluded in Dubai on Thursday, welcomed more than 55,000 industry professionals from 166 countries, ...
The Sri Lanka Tourism Promotion Bureau (SLTPB) outlined the country’s strategic tourism focus on community-based experiences, wellness and nature travel, and premium hospitality at the Arabian ...
BENGALURU: In a blow to postal savings account holders across the state, the Karnataka Postal Circle stopped operations of all its ATMs from March 12. This is on account of the problems faced by its ...
This requires action committees in Sri Lanka joining the International Workers Alliance of Rank-and-File Committees (IWA-RFC) to develop it as a coordinating centre for global struggles.
Fitch Ratings said it was upgrading Sri Lanka’s foreign currency rating out of restricted default (RD) status, to CCC+ after 98 percent of bondholders accepted an offer to restructure defaulted bonds ...
MANNAR, Sri Lanka — It was a proposal by Sri Lanka that resulted in the United Nations deciding in 2022 to designate March 1 as World Seagrass Day. And earlier this year, the Indian Ocean island ...
Sri Lanka has always held great potential for economic development, say experts; and this latest recovery again offers attractive prospects for outside investors. “The potential for the economy is ...