November 15, 2024 1:21 pm
Results: 20
No dire need of emergency funding in Lanka - Mahendran
Sri Lanka is in no dire need of emergency funding as the country’s economy fared well in 2015 with reserves on a sound footing, Central Bank Governor Arjuna Mahendran said today. MORE...
Sri Lanka holds rates as Mahendran eyes next fiscal budget
Sri Lanka’s central bank kept interest rates unchanged for a sixth straight month and Governor Arjuna Mahendran said the government will focus on boosting revenue in its budget due November, the Bloomberg news agency reported today. MORE...
Petitions against Rajapaksa, Mahendran and Cabraal withdrawn
The petitions filed with the Colombo Magistrate’s Court against former President Mahinda Rajapaksa, Governor of the Central Bank Arjuna Mahendran and former CB Governor Ajith Nivard Cabraal have been withdrawn.
UPFA will modernise the FCID: Susil
Measures will be taken to modernise the Financial Crime Investigation Division (FCID), if the United People’s Freedom Alliance (UPFA) wins the forthcoming election, former Minister Susil Premajayantha asserted. MORE...
FR petition filed seeking COPE report made public
A petition was filed with the Supreme Court today seeking an order for the Committee on Public Enterprises (COPE) sub-committee report on the Central Bank bond issue to be made public. MORE..
Enjoining Order against COPE report dissolved
The Colombo District Court today dissolved the enjoining order granted earlier preventing the publication of the Committee on Public Enterprises (COPE) sub-committee report on the Central Bank bond issue. MORE..
Court order against publishing COPE report
The Colombo District Court today issued an interim injunction preventing the publishing of the Committee on Public Enterprises (COPE) sub-committee report on the controversial Central Bank bond issue, until July 23. MORE..
CB Governor seeks overseas loans to reduce debt costs
Sri Lankan central bank Governor Arjuna Mahendran is seeking concessional overseas loans to refinance costlier debt and reduce reliance on global bond markets. MORE..
Central Bank clarifies on new Governor, currency notes issue
The Central Bank of Sri Lanka today clarified on the validity of the appointment of its present governor and controversy surrounding the currency notes issued by the Bank on February 04, in view of frivolous allegations appearing in certain media. MORE..
Over 100 MPs signed no-confidence motion against PM - Wimal
National Freedom Front (NFF) leader Wimal Weerawansa says that the motion of no-confidence against Prime Minister Ranil Wickremesinghe will be submitted today. MORE..
Unfair to question CB governor’s citizenship – Ranil
Prime Minister Ranil Wickremesinghe says that it is unfair to question the citizenship of Central Bank Governor Arjuna Mahendran. MORE..
No-confidence motion against CB Governor next week- Peiris
The opposition will move a motion of no confidence against Central Bank Governor, Arjuna Mahendran, who is in the spotlight due to the controversy surrounding the treasury bond issue, former Foreign Minister G.L. Peiris said. MORE...
SC rejects FR against Arjuna Mahendran
The Supreme Court of Sri Lanka today rejected the Fundamental Rights (FR) petition seeking an independent inquiry into the controversial Central Bank Treasury bond issue and it’s Governor Arjuna Mahendran. MORE...
No-confidence motion against Ravi next week – Bandula
Former Minister Bandula Gunawardena says that a motion of no confidence will be submitted in Parliament next week against Finance Minister Ravi Karunanayake, who he claims is responsible for the crises that have befallen the country’s economy. MORE..
Sri Lanka economy grows 7.4% in 2014: CB Report
Sri Lanka’s economy grew by 7.4% (Agriculture 0.3%, Industry 11.4%, service 6.5%) last year, according to the Annual Report of the Central Bank of Sri Lanka for the year 2014 which was launched today. MORE..
Arjuna Mahendran resumes duty at Central Bank - sources
Central Bank Governor Arjuna Mahendran has resumed his duties after a more than five-week voluntary leave of absence after being cleared by a panel investigating a controversial government bond auction, according to a Reuters report. MORE..
Arjuna Mahendran questioned at Bribery Commission
The Bribery Commission has recorded a statement from the Governor of the Central Bank of Sri Lanka, Arjuna Mahendran. MORE..
CB Governor to take leave during probe: PM
Prime Minister Ranil Wickramasinghe on Tuesday (17) informed the Parliament that Central Bank Governor Arjuna Mahendran will be on leave until investigation on the treasury bonds issue is concluded. MORE...
JVP wants Central Bank Governor to resign
The People’s Liberation Front, popularly known as the Janatha Vimukthi Peramuna (JVP), today called for the resignation of Mr. Arjuna Mahendran as the Governor at Central Bank of Sri Lanka. MORE..
Sri Lanka keen on Indian investment - CB chief
Signalling potentially closer economic ties with India, Sri Lanka has invited several top Indian companies to invest in major projects in the island nation, particularly for collaborations in the manufacturing sector. MORE...