Sri Lanka has been taking an increasingly active role in the global discourse on climate finance for vulnerable economies.

By Dr Lakmini Fernando and Sunimalee Madurawala Sri Lanka’s economic crisis, fuelled by unsustainable debt and a default in ...

A deflationary environment in Sri Lanka is expected to continue in early 2025, according to the central bank governor, ...

Sri Lanka will focus on stronger recovery this year after the island nation posted real GDP growth of 5% in 2024, the highest ...

In a landmark development for Sri Lanka's renewable energy sector, Liege Capital Holdings successfully concluded the second ...

1 Day MCB -2.28% DJIA -0.77% Russell 2K -1.56% Financial Services -0.95% ...

One financial firm that I have been very interested in as of late has been Metropolitan Bank Holding Corp. (NYSE:MCB), a fairly small bank with a market capitalization of $659.7 million as of this ...

Bank of Ceylon (BOC) has once again been entrusted with the role of the settlement bank for Sri Lanka’s interbank US Dollar Online payment system (USD Online) and US Dollar Draft Online Image Transfer ...

COLOMBO: Twenty years after the massive Indian Ocean tsunami wreaked havoc on Sri Lanka, some survivors are still trying to pick up the pieces. Those living in poorly-constructed settlements ...

The tsunami of December 2004 devastated over two-thirds of Sri Lanka’s coastline. Over 50,000 lives were lost and more than 100,000 households were displaced.

The Economic Times - Public sector lender Indian Bank was fined ₹5.85 lakh by the Central Bank of Sri Lanka - Financial Intelligence Unit for non compliance on financial transaction reporting.

In 2019, Sri Lanka was removed for the second time from the grey list of FATF, a global anti-money laundering body, after the Central Bank took some actions mandated by the FATF. Sri Lanka is at risk ...