Banks ordered to halt facilitating import of vehicles, non-essential goods
The Central Bank of Sri Lanka (CBSL) has introduced several measures to ease the pressure on the exchange rate and prevent financial market panic...
CSE to reopen for trading tomorrow after four days
The Colombo Stock Exchange (CSE) will reopen for trading tomorrow (20) morning, after remaining closed for four days amidst the Coronavirus outbreak in Sri...
European stocks steadier as ECB bazooka targets virus
European stock markets were steadier Thursday after the European Central Bank stepped up its stimulus action to combat the huge economic fallout from the...
Welcomes HE President’s initiatives, says extending support
Sri Lankan SMEs bear the brunt of Coronavirus onslaught. “We welcome HE President Gotabaya Rajapakse for his initiative to remove taxes from mask imports....
General Motors, Ford and Fiat Chrysler to temporarily close all US...
Detroit’s Big Three automakers plan to temporarily close all U.S. factories as the coronavirus sweeps across the country.
The companies bowed to pressure from union leaders and...
Dow loses almost all that it gained during Trump’s presidency
As Wall Street extended its deep sell-off on Wednesday over fears about the coronavirus, the Dow Jones Industrial Average effectively erased the last of...
Maximum retail price for Big Onions
The Consumer Affairs Authority (CAA) says that a maximum retail price of Rs 150 per kilogram of Big Onions (B. Onions) has been gazetted...
Taxes on imported face masks, sanitizers waived off
All taxes on imported face masks and sanitizers have been waived off, stated the Ministry of Finance.
The decision will come into effect from midnight...
IMF rejects crisis-hit Venezuela’s request for $5 bn virus aid
The International Monetary Fund on Tuesday rejected economically devastated Venezuela's request for a $5 billion loan to help it cope with the onslaught of...
CSE closed today
A decision has been reached to close the Colombo Stock Exchange for the 3rd straight session, today.
Issuing a statement, the CSE said the decision...
