IMF ends Sri Lanka mission without staff-level deal, presses on tax and anti-corruption
IMF staff conclude Seventh Review and Article IV talks without a staff-level deal, praising 4.2% growth but flagging tax and anti-corruption gaps.
Shipping agents say they cannot get approval to resupply 20 stranded Iranian tankers, even as captains request food and water.
IMF staff conclude Seventh Review and Article IV talks without a staff-level deal, praising 4.2% growth but flagging tax and anti-corruption gaps.
CBSL keeps the Overnight Policy Rate unchanged, projecting high single-digit inflation through Q1-2027 before easing toward its 5% target.
IDA Crisis Response Window financing extends the Inclusive Connectivity project by three years, taking total investment to $610 million.
The former minister gave a statement to CIABOC on a Cabinet paper he submitted in 2007. Hiru says it concerns a Rs. 90 million transfer from the Registrar of Companies fund.
Transfers to the reopened Kandy prison have begun, the Prisons Department says. About 1,000 remand inmates will move there from two Colombo prisons.
Nandalal Weerasinghe says deposit-taking cultivation companies cannot sustain 40% returns, and that only illegal deposit accounts were frozen.
A break on the Colombo-bound track near Wellawatte has delayed Coastal Line services, the Railways Department says. Repair work has started.
Pan Asia Bank's Rs. 5bn debenture closed oversubscribed, Aitken Spence Hotels listed its own, and Sampath Bank is seeking approval to raise up to Rs. 50bn.
Customs collected Rs. 245.9 billion in September against a Rs. 195.6 billion target, and has banked 95.4% of its full-year goal with three months still to run.