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Month: October 2022

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  • Russia Invites Sri Lankan Exporters to Diversity Export Basket to Russia

Russia Invites Sri Lankan Exporters to Diversity Export Basket to Russia

Calling on Sri Lankan businesses to leverage the resumption of direct flights to Moscow to diversify theexport basket, the Charge d’Affaires of the Embassy of the Russian Federation in Sri…

Economic Reformist from Georgia Among Headliners at the Sri Lanka Economic Summit 2022

As Sri Lanka prepares to formulate and implement reforms that will enable economic revival, theSri Lanka Economic Summit 2022 organized by the Ceylon Chamber of Commerce will explorenecessary reforms and…

Sri Lanka holds rates as crisis-hit economy banks on govt reforms, IMF bailout

The Central Bank of SRI Lanka held policy rates steady on Thursday (Oct 6), saying monetary conditions remain “sufficiently tight” after a massive rate-hike campaign earlier in the year as…

Ministerial Consultative Committee cleares Amendments to Petroleum Products Act to liberalize duopoly Petroleum market

The Petroleum Products (Special Provisions) Amendment Bill was approved by the Ministerial Consultative Committee on Power and Energy with amendments in accordance with the decisions given by the Supreme Court.…

Central Bank Expected to Hold the Key Policy Rates

First Capital Research (FCR) weighed in on a 75 percent probability to maintain the rates while also assigning a lower probability of 25 percent towards a monetary relaxation. “We believe…