CNL Reporter, Author at Colombo News Line

Central Bank keeps policy rate unchanged amid economic recovery

CNL Reporter
March 26, 2025
Banking and Financial
Central Bank keeps policy rate unchanged amid economic recovery
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The Monetary Policy Board of the Central Bank of Sri Lanka (CBSL) has decided to maintain the Overnight Policy Rate (OPR) at 8.00%,

Govt. asked to disclose ongoing development projects during election period

CNL Reporter
March 26, 2025
Political
Govt. asked to disclose ongoing development projects during election period
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The Election Commission has informed the government to provide details of ongoing development projects during the election period.Accordingly,

People crown LOLC for ninth consecutive year

CNL Reporter
March 26, 2025
Business News
People crown LOLC for ninth consecutive year
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LOLC once again emerges as the “People’s Financial Services Brand of the Year”,

Lanka India Business Association launched in Sri Lanka

CNL Reporter
March 26, 2025
Business News
Lanka India Business Association launched in Sri Lanka
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With India poised to become the second largest economy in the world by 2075 (FT report) and becoming the fastest growing economy in the world,

Major Bangladeshi human smuggling racket to Europe via Sri Lanka busted

CNL Reporter
March 26, 2025
News
Major Bangladeshi human smuggling racket to Europe via Sri Lanka busted
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A major human smuggling racket to migrate Bangladeshi nationals to European destinations via India,

Sri Lanka’s first cable car project to launch by year-end

CNL Reporter
March 26, 2025
News
Sri Lanka’s first cable car project to launch by year-end
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Cable car projects that operate more than a kilometre between two mountains without any support are rare in the world.

CPC to export lubricants to Bangladesh within two months

CNL Reporter
March 26, 2025
Business News
CPC to export lubricants to Bangladesh within two months
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Ceylon Petroleum Corporation (CPC) plans to begin exporting lubricating oil within the next two months.

NPP MPs submit letter proposing removal of Deshabandu Tennakoon

CNL Reporter
March 25, 2025
Political
NPP MPs submit letter proposing removal of Deshabandu Tennakoon
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A group of Parliamentarians of the National People’s Power (NPP) has handed over a letter proposing the removal of suspended Inspector General of Police (IGP) Deshabandu Tennakoon, to the Speaker of the House.

Russel’s Tea to provide 4% of sales proceeds for vedda community

CNL Reporter
March 25, 2025
Business News
Russel’s Tea to provide 4% of sales proceeds for vedda community
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Making a historic landmark in the tea industry, Russel’s (pvt) Ltd which launched five variants of Ceylon Tea to the

Sri Lanka, Thailand hold 6th bilateral political consultation

CNL Reporter
March 25, 2025
Political
Sri Lanka, Thailand hold 6th bilateral political consultation
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Sri Lanka and Thailand will hold the sixth round of bilateral political consultations on Tuesday (25) at the Ministry of Foreign Affairs of Thailand in Bangkok, the Colombo government said.