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The Yahapalanaya government launched the Enterprise Sri Lanka loan package as a part of its Vision 2025 strategies, as promised by the government in its election manifesto. [3] The weight of expectations also revolved around the importance on uplifting the spirits of the aspiring entrepreneurs by providing them fair and equal opportunities ...
As per the Payments and Settlements Systems Circular No. 7 of 2015 issued by the Central Bank dated 30 November 2015, all licensed banks in Sri Lanka should join the CAS, CEFTS, CPS, and CMobS networks by 31 March 2016, 30 September 2016, 31 December 2016, and 30 September 2017, respectively.
In January 2016, Commercial Bank of Ceylon announced that for the first time in Sri Lanka's banking history that the users of the bank's online banking facility could make instant, real-time transfers of funds from their commercial bank accounts to accounts in other banks via LankaPay-CEFTS. [10]
Sri Lanka's president said Wednesday that he is seeking a loan repayment moratorium until 2028 as the debt-ridden county tries to emerge from bankruptcy. President Ranil Wickremesinghe told ...
Sri Lanka’s Cabinet on Wednesday approved a program to restructure the country's staggering domestic debt as the island nation struggles to emerge from an economic crisis that has engulfed it ...
Sri Lanka’s Parliament voted to support a proposal to restructure a staggering domestic debt in a special session Saturday as the Indian ocean island nation struggles to emerge from an ...
Housing Development Finance Corporation Bank of Sri Lanka (Amendment) Act 2011: 21 November: 46/2011: 61: Agrarian Development Act (Amendment) Act 2011: 22 November: 47/2011: 62: Notaries (Amendment) Act 2011: 24 November: 48/2011: 63: Registration of documents (Amendment) Act 2011: 24 November: 49/2011: 64: Coast Conservation Act 2011: 30 ...
Sri Lanka’s government says the bill will provide protection against online abuse, but rights groups have criticized its position, claiming the bill is instead aimed at stifling dissent and ...