Colombo (News1st): Central Bank Governor Dr. Indrajit Coomaraswamy was left speechless for a few moments when a question was posed to him by a Journalist regarding a suspended transaction worth Rs 150 million, which he claimed was being debited to the bank account of a minister. Responding to the...

COLOMBO (News 1st) - The CEO's Forum 2018 organized by the  Postgraduate Institute of Management of the Sri Jayawardenapura University was held in Colombo under the theme "The Development Landscape of Sri Lanka in 2025" on Friday (August 31). The forum saw the participation of the Minister of Fin...

Colombo (News1st) - The Central Bank says it is working towards implementing a flexible inflation targeting framework from next year. Under a flexible inflation targeting regime, the central bank will announce the inflation target for a period of time and raise or lower interest rates accordingly...

COLOMBO (News 1st) - A public lecture on the "Challenges of Late Converging Economies" at the Central Bank of Sri Lanka was delivered by the Chief Economic Advisor to the Govt. of India Dr Arvind Subramanian. Addressing the event, Governor of the Central Bank of Sri Lanka, Dr Indrajit Coomaraswam...

COLOMBO (News 1st) - The Central Bank of Sri Lanka says allegations that the Central Bank is involved in manipulating GDP estimates are totally unfounded. Issuing a media release today, the CBSL stated that since 2007 the sole responsibility of compiling the GDP estimates is vested with the Departme...