Sri Lanka is confronting a growing challenge in meeting its US$7 billion foreign reserve target for 2025, as stipulated under the IMF’s Extended Fund Facility program
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News of the day
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Sri Lankan banks have raised fresh red flags over the growing threat of phishing scams targeting online banking users,
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The Commercial Bank of Ceylon PLC has become the first Sri Lankan bank to achieve a market capitalisation of over USD 1 billion,
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Local banks have urged customers to remain vigilant as scammers circulate fraudulent links via emails and text messages,
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Sri Lanka’s central bank has repaid over US$1.1 billion in reserve-related debt in the year to March 2025,
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People’s Bank yesterday said it reported an all-time-high Profit before Tax (PBT) of Rs. 28 billion in the first half of 2025.
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The Parliament Secretariat yesterday said the National Audit (Amendment) Bill scheduled to be debated in Parliament received the approval of the Sectoral Oversight Committee on Governance,
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Sri Lanka’s MetroCorp, which has interests in office automation, renewable energy, leisure and infrastructure, has raised its stake in National Development Bank to 4.7 percent,
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The Central Bank of Sri Lanka (CBSL) on Friday said it projected Sri Lanka’s economy to grow 4.5% in 2025,
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