CBSL rates: Rupee appreciates slightly against USD
The Sri Lankan Rupee has appreciated slightly against the US Dollar today (06), compared to last week. According to the Central Bank of Sri Lanka, the buying rate of the US Dollar has reduced from Rs. 311.76 to Rs. 311.73,…
OPEC+ agrees to hike oil output, warns of slow recovery after attacks
The Organization of the Petroleum Exporting Countries (OPEC) has agreed to increase oil output quotas by 206,000 barrels per day for May, a rise that is largely symbolic as some of its key members are unable to raise production due…
Parliament to debate no-confidence motion against energy minister on April 10
The Committee on Parliamentary Business has decided that the Parliament of Sri Lanka will convene on April 7, 9, and 10, during which several Acts and the No-Confidence Motion against the Minister of Energy, Kumara Jayakody, are to be taken…
Lightning advisory : Red alert issued to 20 districts
The Department of Meteorology has issued an advisory for severe lightning in the Western, Sabaragamuwa, Central, Northern, Northwestern, and North-central provinces, and the Galle, Matara and Trincomalee districts. Per the advisory, effective until 11.00 pm, the Met Department has issued…
Rs. 13.2 billion fraud at NDB : CBSL issues statement
The Central Bank of Sri Lanka says it has been informed by the National Development Bank PLC (NDB) of an internal fraud that could result in a significant financial loss, while noting that no customer accounts or deposits have been…
Suspected measles outbreak kills nearly 100 children in Bangladesh
Bangladesh says it suspects measles has killed at least 98 children in the past three weeks, official data show, with the capital, Dhaka, ramping up vaccination efforts in the worst affected areas. Last week, Prime Minister Tarique Rahman directed two…
Sri Lankan arrested at BIA with Rs. 113M worth of Kush
A Sri Lankan passenger was arrested at the Katunayake Airport today (06) by officers of the Customs Narcotics Control Division after being found in possession of a large stock of Kush drugs valued at Rs. 113.4 million. According to reports,…
NDB Reports Rs. 13.2 Billion Fraud Exposure; Customer Funds Unaffected
The National Development Bank PLC (NDB) says the estimated loss from the recently reported fraud incident amounts to approximately Rs. 13.2 billion, while assuring that customer deposits remain unaffected and banking operations continue as normal. In a corporate disclosure issued…
Prices of kottu, fried rice, and rice packets increased from today
The All-island Canteen and Restaurant Owners’ Association says the prices of fried rice, kottu, and rice and curry packets have been increased by Rs. 20, from midnight today (06). According to the Association, food prices have been increased due to…
Sri Lanka launches fee-free QR payments up to Rs. 5,000
The “National QR Payment Promotion Programme” was launched by President Anura Kumara Dissanayake at the Presidential Secretariat today (06). According to the government, a service fee will not be charged for transactions of up to a maximum of Rs. 5000…