Central Bank issues updated loan‑to‑value (LTV) limits for vehicles
The Central Bank has issued a new directive under the Central Bank Act, revising loan-to-value (LTV) ratios for vehicle financing, effective from July 17, 2025. The changes are intended to enhance macroprudential policy making, mitigate systemic risks, and harmonize existing…
Stalled Raigampura industrial zone project to be expedited
Deputy Minister of Industry and Entrepreneurship Development Chathuranga Abeysinghe says the government is trying to accelerate previously stalled projects, such as the Raigampura Green Industrial Zone, to address the lack of adequate space for industrialization in Sri Lanka. Chathuranga Abeysinghe…
Today’s CBSL official exchange rates
The Sri Lankan Rupee has depreciated further against the US Dollar today (18 July), compared to Thursday. According to the Central Bank of Sri Lanka, the buying rate of the US Dollar has increased from Rs. 297.64 to Rs. 297.68,…
Govt to look into issues in the local Tea Industry
Issues that have emerged within Sri Lanka’s tea industry were reviewed during a discussion between the Secretary to the President, Dr. Nandika Sanath Kumanayake, and officials from institutions related to the tea industry. The meeting, held at the Presidential Secretariat…
Dehiwala shooting incident (CCTV)
A 45-year-old man has been reported injured in the shooting that took place near the Dehiwala Railway Station today. CCTV footage of the incident shows the gunman walking towards the victim and shooting him at point-blank range. The shooting is…
Kandy Perahera’s traditions to be gazetted
Diyawadana Nilame Pradeep Nilanga Dela said that plans have been made to publish all relevant matters in a gazette in order to preserve the Kandy Esala Perahera’s traditions without undergoing modernisation in the future. He also said that, following the…
Tourist driver’s licence : New move by Transport Ministry
The Ministry of Transport and Highways has decided to issue temporary driver’s licences to foreign visitors at the Katunayake airport upon arrival, it is reported. According to a report by News First, the ministry has decided to set up a…
Tariffs : Sri Lanka in talks with US Trade Office today
The Ministry of Finance says continuous discussions have been scheduled with the United States on the possible reduction in the reciprocal tariffs imposed thus far. Accordingly, a meeting between Sri Lankan representatives and the U.S. Trade Representative’s Office will be…
Dayasiri goes to CID over CPC fraud
Parliamentarian Dayasiri Jayasekara arrived at the Criminal Investigations Department (CID) today. He visited the CID to file a complaint regarding an alleged fraud at the Ceylon Petroleum Corporation (CPC). MP Dayasiri Jayasekara is reportedly set to file a complaint against…
06 elephants raised at Udawalawe Transit Home released to the wild
Six elephants who were under the care of the Udawalawe Elephant Transit Home were released into the wild. The young elephants were raised at the facility after losing their mothers. The elephants were released to the Maw Are reserve within…