January 7, 2022
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3min
          Headline inflation, as measured by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index (CCPI, 2013=100), increased to 12.1 per cent in December 2021 from 9.9 per cent in November 2021. Meanwhile, on an annual average basis, the CCPI increased to 6.0 per cent in December 2021 from 5.3 per cent in November 2021. An […]

August 11, 2021
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3min
The Financial Consumer Relations Department (FCRD) established under the provisions of Section 33 of the Monetary Law Act No. 58 of 1949, as amended, continues to serve as the single point of contact to handle complaints against financial service providers (FSPs) regulated by the Central Bank of Sri Lanka (CBSL). FCRD introduced a complaint submission […]

July 7, 2021
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4min
Issue of Commemorative Coins to Mark the 65th Anniversary of Sri Lanka – China Diplomatic Relations and 100th Anniversary of Communist Party of China The Central Bank of Sri Lanka (CBSL) has issued gold and silver commemorative coins of Rupees 1,000, each with same depiction, to mark 65th Anniversary of diplomatic relations between Sri Lanka […]

March 4, 2021
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6min
Colombo, Sri Lanka, March 4, 2021—Sri Lanka’s first National Financial Inclusion Strategy (NFIS), launched today, aims to make financial services more accessible, efficient, and affordable for all households and businesses in the country. The NFIS is a joint effort led by the Central Bank of Sri Lanka—with technical and financial assistance from IFC, a member […]

February 22, 2021
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2min
FriMi, Sri Lanka’s first fully-fledged digital banking experience, kick started the first phase of “ලංකාවටම QR with FriMi” at a ceremony held at Thilakawardhana Textiles, Kiribathgoda on the 18th of February 2021. The campaign was established by FriMi in support of the LANKAQR initiative by the Central Bank of Sri Lanka to make cashless payments […]

January 13, 2021
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2min
Colombo, January 12, 2021 – The Central Bank of Sri Lanka recently issued a statement on penalties imposed against several financial institutions, including Softlogic Finance PLC for non-compliance with regulatory requirements during the second half of 2020. Softlogic Finance wishes to clarify that the fine imposed by the Financial Intelligence Unit (FIU) of the Central […]


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Lanka Business News is amongst the leading online Business News portals in Sri Lanka, unique for its focus on contemporary business news relevant across multiple industries operating in the country. We present not only the news, but a perspective based on observations and possible implications of a prevailing news item. LBN also provides an insight to the impact of a global economic or industrial development, thus helping stakeholders make informed and calculated decisions.




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