Tag Archives Sri Lanka financial news

Revitalizing Sri Lanka’s Tea Industry: A Crucial Step for Economic Growth

Revitalizing Sri Lanka’s Tea Industry: A Crucial Step for Economic Growth

By Posted on 5min read

Sri Lanka’s tea industry, known worldwide for its distinctive Ceylon tea, holds a significant position in ...

Sri Lanka’s Economic Recovery: A Financial Perspective

Sri Lanka’s Economic Recovery: A Financial Perspective

By Posted on 3min read

Sri Lanka has faced a significant economic crisis over the past few years, exacerbated by the ...

Visa recognises ComBank for excellence in the launch of Corporate cards

Visa recognises ComBank for excellence in the launch of Corporate cards

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Visa, the global payment solutions company, honoured Commercial Bank of Ceylon for ‘Excellence in Launch of ...

IMF and Sri Lankan Authorities Reach Staff-Level Agreement on Economic Policies

IMF and Sri Lankan Authorities Reach Staff-Level Agreement on Economic Policies

By Posted on 4min read

IMF Reaches Staff-Level Agreement on the Second Review of Sri Lanka’s Extended Fund Facility and Concludes ...

ComBank and Visa launch Corporate Credit Cards in Sri Lanka

ComBank and Visa launch Corporate Credit Cards in Sri Lanka

PRESS RELEASE The Combank has launched the Visa Signature and Visa Platinum Corporate Credit Cards in ...

Sri Lankan Apparel Industry’s  Recovery hits $415.6M

Sri Lankan Apparel Industry’s Recovery hits $415.6M

Sri Lanka Apparel Industry is set to recover from the downturn seen in the last few ...

Central Bank of Sri Lanka Unveils A Vision of Economic Resilience for 2024

Central Bank of Sri Lanka, in a groundbreaking announcement, revealed its strategic vision for 2024, focusing on the adoption of a singular policy rate mechanism. The move aims to bolster economic recovery while concurrently sustaining a low-interest environment and advancing key initiatives like the International Monetary Fund (IMF) program, external debt restructuring, and comprehensive reforms.

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Sri Lanka’s VAT targets to meet LKR 1,400 Billion in 2024

Sri Lanka’s VAT targets to meet LKR 1,400 Billion in 2024

By Posted on 3min read

Sri Lanka's VAT is poised to achieve a significant boost in revenue, anticipating a whopping ...