Have commercial banks stopped issuing letters of credit? - Mangala
Former finance minister Mangala Samaraweera says that most major banks in Sri Lanka have stopped issuing letters of credit for the importation of goods.
Former finance minister Mangala Samaraweera says that most major banks in Sri Lanka have stopped issuing letters of credit for the importation of goods.
A lawyers’ group has urged the police chief to take legal action against a person who allegedly attempted to assault and obstruct the duties of a lawyer at a Police station, while claiming to know the police spokesperson.
Thushara Witharana, the editor of the popular social media channel 'Voice Tube' has been summoned to the Criminal Investigation Department (CID) today at 10 am for airing a statement made by consumer rights activist Asela Sampath following a complaint filed by State Minister of Production, Supply and Regulation of Pharmaceuticals Channa Jayasumana.
Despite the current government's assurances that it will ensure media freedom, attempts are being made to suppress media organisations, Deputy Leader of the United National Party Ruwan Wijewardena said.
Sri Lanka’s risk premium for a default jumped, reflecting concern that the pandemic is damaging the nation’s ability to fill its foreign-exchange coffers ahead of at least $2.5 billion in dollar debt due in the next 12 months.
Opposition leader Sajith Premadasa revealed that government top brass together with a group of lawyers were conspiring to cancel the transmission license of Sirasa media network.
Justice Mahinda Samayawardena became the fourth judge to recuse himself from hearing the fundamental rights petitions filed by Wanni District Member of Parliament Rishad Bathiudeen and his brother Riyaj Bathiudeen who were both arrested under the Prevention of Terrorism Act (PTA).
In a welcome boost to Small and Medium Enterprises (SME) in Sri Lanka struggling with the impact of the pandemic, the U.S. International Development Finance Corporation (DFC) is awarding a USD 75 million funding line to NDB Bank to support its work in expanding and strengthening the SME sector, particularly among women business owners.
Sri Lanka's President has been included in the "Press Freedom Predators" list for the year 2021 published by Paris-based media watchdog Reporters Without Borders (RSF).
SLPP national list parliamentarian Jayantha Ketagoda has tendered his resignation letter as an MP to the Secretary General of Parliament.