The operating environment in Sri Lanka continues to be challenging. Sri Lanka's real GDP contracted by 3.6% in 2020 as key economic sectors were severely disrupted due to the coronavirus pandemic and the related lockdowns. We expect economic growth to rebound by 3.8% in 2021 and 3.9% in 20...
Download apps by People's Bank of Sri Lanka, including People's Remittance Tracker, People's Wyn and People’s Wave.
there are unconfirmed reports of construction of a Chinese-run aircraft maintenance facility near Hambantota in order to service thePeoples Liberation ArmyAir Force(PLAAF) assets based in Sri Lanka. In neighboring Pakistan, the docking of a Chinese submarine inKarachi, following the handing over of ...
We pioneered Online Business Media properties in Sri lanka a decade back & are proud owners of the countries most respected Business media brands LBR, LBO available on a myriad of mediums ranging from Web, email, mobile, Online Videos, SMS & most unique
Colombo, city, executive and judicial capital of Sri Lanka. Situated on the west coast of the island, just south of the Kelani River, Colombo is a principal port on the Indian Ocean. It has one of the largest artificial harbors in the world. Its oldest d
media reports quoting forex market sources said reserves had plunged to less than $1.5 billion by mid-December and the latest position given by the Bank was following the drawdown of Yuan 10 billion ($1.5 billion) swap arrangement with the Peoples Bank of China. However, CBSL has said its ...
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International banks with operations in Sri Lanka include: Before your trip, check with your home bank whether they've a partnership with a bank in Sri Lanka. If they do, you might be able to withdraw from the partner’s ATMs free of charge or at a reduced cost. ...
ECONOMYNEXT – Sri Lanka’s public bank deposits and stability of the banking system will be safeguarded in any reorganization of domestic debt, Central Bank Governor Nandalal Weerasinghe said. “There is speculation about the stability of public deposits and banking system stability,” Governor Weera...
The previlage of a wind-blown ride through Sri Lanka's pot-hole avenue Nov 2 (LBO) Trishaw owners have become a privileged lot, first fuel subsidies and tax cuts from the government and now individual attention from Peoples Bank. The bank says there are 200,000 registered three wheelers,...