CSE extends trading hours
Colombo Stock Exchange (CSE) announced that its trading hours will be extended till 2.30 pm from tomorrow (May 26) onwards.
The decision had been taken...
TFC crisis : CBSL will settle 93% of depositors with Deposit...
Approximately 93 percent of the total depositors of The Finance Company PLC (TFC), will be compensated via the CBSL’s Deposit Insurance Scheme, while the...
China tells US to stop ‘unreasonable suppression’ of Huawei
Beijing has urged the United States to stop the "unreasonable suppression of Huawei and Chinese enterprises" after Washington announced new export controls to restrict...
February trade deficit widened; outflows from CSE, Bonds and slowing remittances...
The trade deficit widened in February 2020 compared to the same month the previous year, as expenditure on imports increased at a faster pace...
Foreign investors return to Sri Lankan bonds after 4-months
Foreign investors returned to Sri Lanka government securities this week, the first time in four months, government data showed.
Government securities saw a net inflow...
COVID-19 to cost global economy between $5.8tn and $8.8tn
The Coronavirus pandemic could cost the global economy between $5.8tn and $8.8tn according to the Asian Development Bank (ADB).
That’s more than double last month’s...
SLT & Mobitel donate Rs. 50 Million to Covid-19 Fund
The Chairman, Board of Directors, representatives of the Management and Unions of Sri Lanka Telecom (SLT) and Mobitel handed over a cheque to the...
Bitcoin rises after eagerly awaited ‘halving’
Bitcoin rose Wednesday after undergoing an eagerly awaited adjustment that occurs every few years to limit the amount of the virtual currency on the...
China car sales begin recovery after virus plunge
The lifting of coronavirus lockdowns in China has given the stuttering auto industry a jumpstart, with sales rising for the first time in two...
More than 7,500 completed quarantine process so far
A total of 7,515 individuals who completed the quarantine at facilities operated by the Tri-forces have returned home so far.
The National Operation Centre for...
