BY EDWARD THEOPHILUS The value of Sri Lanka rupee (Domestic and Foreign Values) is based on the success of policy action relating demand and supply of the rupee for various purposes. People need to understand that demand and supply values of Sri Lanka rupee would be based on several factors and the policy makers should […]

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Courtesy Daily Mirror Disputing the grim forecast of Sri Lanka’s exchange rate by Fitch Solutions by the year-end, Central Bank Governor Dr. Nandalal Weerasinghe raised concerns on the basis of the forecast while stressing that such long-term predictions on exchange rate are not prudent. Fitch Solution recently maintained its forecast for the rupee to weaken […]

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 Insight By Sunil Kumar  March16.2023  ” Political, social and economic issues have suddenly sprung up alarmingly” says a popular and credible Watchdog reporting to the Media  which despite their negative sounding nature needs to be heeded  in  this expected” Era of Progress ” since the woeful troubles of the past due mainly to a wayward, […]

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Courtesy The Telegraph Online The governor made the statement while talking about a proposed bill aimed to provide autonomy to the Central Bank without any undue influence from the fiscal authorities or the government Nandalal Weerasinghe. Nandalal Weerasinghe has cited the lack of independence of the apex bank in determining the monetary policy as a […]

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Courtesy The Daily Mirror Sri Lanka’s first-ever free-of-charge, luxury, high-tech-equipped, conference hall and a grand banquet hall are to be declared open at the Devram Vehera temple in Pannipitiya on Monday (20). Temple’s founder Ven. Kolonnawe Siri Sumangala Thera said the conference hall and wedding hall were built for the people to conduct their social […]

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Courtesy The Daily Mirror The  Indian Railway Catering and Tourism Corporation (IRCTC) has organised a Buddhist tourist train covering 9 places across India and Nepal that impacted Buddha, helping tourists experience his self-disciplined and legendary life, Indian media reported. https://www.irctcbuddhisttrain.com/index To facilitate people to embark on the path of enlightenment, the Indian Railway Catering and […]

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Courtesy Adaderana The President’s Secretary has reportedly agreed to provide a conclusive solution to the issues concerning the recent revision of the Pay-As-You-Earn (PAYE) tax. This was stated by the Professionals’ Trade Union Alliance (PTUA), who claimed that the President’s Secretary had agreed to provide a certain extent of relief to those disadvantaged by the […]

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Courtesy Hiru News Western Province Senior DIG Deshabandu Thennakoon is likely to be appointed as the Inspector General of Police following the retirement of the current IGP C.D Wickramaratne, the Daily Mirror learns. It was reported that the President had recommended to the Constitutional Council the appointment of Senior DIG Tennakoon as the 36th IGP […]

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