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The Monetary Board of the Central Bank of Sri Lanka has imposed a 100 per cent margin deposit requirement against Letters of Credit (LCs) opened with the commercial banks for the import of motor vehicles, which are generally used for non-commercial purposes, with immediate effect. MORE..
19 Sep 2018 (9:57 PM)
The Ministry of Finance and Media states that price hike of sugar will not be permitted as the international price of sugar has been drastically reduced due to excess sugar in the world market. MORE..
19 Sep 2018 (9:10 PM)
The Sri Lankan Rupee has further depreciated against the US Dollar as the selling price hikes up to Rs 167.14 per US Dollar. MORE..
19 Sep 2018 (3:07 PM)
The Ministry of Law and Order has recommended to the National Police Commission to place DIG Nalaka de Silva on compulsory leave with immediate effect, to facilitate the ongoing investigations into allegations against him. MORE..
19 Sep 2018 (3:06 PM)
Resource : Ada Derana