CNL Reporter, Author at Colombo News Line

Two including Constable arrested for helping ex-IGP Deshabandu to hide

CNL Reporter
March 29, 2025
Political
Deshabandu
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A Police Constable attached to the Special Protection Division and another individual from Thalawathugoda

Derivative exchange to be set up in Port City

CNL Reporter
March 28, 2025
News
Port City
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Sri Lanka’s Securities and Exchange Commission is evaluating proposals to set up a derivative exchange, Chairman Hareendra Dissabandara said.The exchange is to be set up in Colombo Port City.

S L exchange rate to be flexible, but not so volatile: CB Governor

CNL Reporter
March 28, 2025
Banking and Financial
CB Governor
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Sri Lanka’s central bank is not for a fixed exchange rate, but a much more ‘predictable’ regime, where investors can take positions, Central Bank Governor Nandalal Weerasinghe said.

Sri Lanka credit growth reflects economic recovery

CNL Reporter
March 28, 2025
Banking and Financial
Sri Lanka
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Sri Lanka’s steady credit growth has been reflecting the country’s economic recovery, Central Bank Governor Nandalal Weerasinghe said.

Govt. reverses decision to liquidate CWC, plans revival

In a bold policy shift, the Cabinet of Ministers on Monday (24) scrapped the previous decision to liquidate the Co-operative Wholesale Corporation (CWC),

Starlink satellite internet service to launch in Sri Lanka next month :

CNL Reporter
March 28, 2025
News
Sri Lanka, Starlink
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The revolutionary Starlink satellite broadband services will be available in the country from next month Cabinet Spokesman and Minister Dr. Nalinda Jayatissa announced yesterday

SMEs urged to apply for CBSL relief measures before 31 March deadline

CNL Reporter
March 28, 2025
Banking and Financial
SMEs urged to apply for CBSL relief measures before 31 March deadline
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The Central Bank of Sri Lanka (CBSL) this week urged borrowers to avail themselves of relief measures introduced to support small and medium-sized enterprises (SMEs) before the March 31, 2025 deadline.

No need to raise funds from global debt markets even in 2028: CB Governor

Can regain access possibly in two years Debt-for-Nature Swaps preferred over Green Bonds

Government open to all options for SriLankan, including privatisation

CNL Reporter
March 28, 2025
Political
Government open to all options for SriLankan, including privatisation
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The government is currently exploring all potential avenues to determine the most effective strategy for restructuring the debt-laden national carrier, SriLankan Airlines,

Former ASP Udugampola acquitted from Millennium City case

CNL Reporter
March 27, 2025
Political
Former ASP Udugampola acquitted from Millennium City case
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The Colombo High Court has acquitted former Assistant Superintendent of Police (ASP) Kulasiri Udugampola from the charges of revealing confidential information regarding Army intelligence personnel.