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Money printing down to Rs. 47 Bn in first 10 months

BusinessTags: Print EditionGovernor Dr. Weerasinghe also stated that the Central Bank mainly borrows from short term tenure T-bills to manage high costs. Governor said further money printing has reduced in the first 10 months of 2022…
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SL managing well in terms of expenses

BusinessTags: Print EditionSpeaking on the progress of CBSL’s engagement with external creditors, Governor Dr. Weerasinghe said the Central Bank continues to have engagement with bi –lateral traders and has made satisfactory progress in…
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“CBSL stance on policy rates unchanged; current levels to be maintained”

BusinessTags: Print EditionSecondary market yield curve budged lower notably as buying interest strengthened over the week predominantly on mid-long tenor maturities as investor confidence improved, says First Capital Research. The Monetary…
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Only 23% goods export proceeds converted to rupees in Oct.

BusinessTags: Print EditionGovernor Dr. Weerasinghe also noted that the CBSL is monitoring the situation with regards to export proceeds conversion into rupee and to assess the current situation, monetary mechanisms have been implemented…
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IMF agreement without significant foreign creditor haircut is suicide – Former Greek FM

BusinessDinesh PereraTags: Print EditionFormer Greek Finance Minister Yanis Varoufakis noted that IMF restructuring without debt write-down could lead to decades of pain as debt unsustainability has not been solved. Varoufakis was speaking…
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High profile delegation from Colombo Port visits Bangladesh

BusinessChairman SLPA Keith D. Bernard and Chairman of the Chittagong Port Rear Admiral M Shahjahan. Tags: Print EditionA high profile delegation from the Port of Colombo led by the Chairman of Sri Lanka Ports Authority (SLPA) Keith D.…
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Ali Alhazmi Fahad-Group meets Port City officials to explore investment opportunities

BusinessTags: Print EditionMohammed Al-Ajlan Deputy Chairman, Ali Alhazmi Fahad-Group CEO, Al Semari -Senior Financial Advisor of Ajlan & Bros Holding Group, one of the largest private sector conglomerates in the Middle East region,…
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Australia explores new avenues in renewable & education sectors

BusinessFirst Secretary Shannon Murney, High Commissioner Paul Stephens, BOI Chairman Raja Edirisuriya and Country Director Sri Lanka and Maldives Shameel Javadh.Tags: Print EditionAustralian High Commissioner to Sri Lanka and Maldives Paul…
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Belgium in unconvincing 1-0 win over Canada

SportsBelgium’s Michy Batshuayi celebrates after scoring his side’s opening goal Tags: Print EditionMichy Batshuayi steered Belgium to an unconvincing 1-0 victory over Canada in the opening game of their 2022 FIFA World Cup campaign at…
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