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Daily Archives: December 28, 2017

CBSL to keep monetary policy unchanged

First Capital Research analysts stated Tuesday that they believe the Central Bank of Sri Lanka (CBSL) would determine that the current monetary policy is appropriate and no change would be required.   FC Capital Research further said.”Despite inflation remains high, GDP growth and Credit growth are below our expectation, considering …

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Sagala promises to wipe out drug menace soon

Law and Order and Southern Development Minister Sagala Ratnayake recently said it would not be long before the drug menace was wiped out from the country.   Ratnayake said this year the STF and the Drugs and Organised Crime Division of the Police had been able to take into custody …

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New crop insurance scheme introduced for six crops

A new insurance scheme has been introduced for six varieties of crops including paddy from the forthcoming Maha season with minimum premium from farmers. Under the new crop insurance system introduced by Agriculture Agrarian Insurance Board (AIB) farmers can claim up to Rs. 30,000 for one acre on cultivation on …

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Fish exports increased by over 45% to EU

Sri Lanka’s Ministry of Fisheries and Aquatic Resources Development says the fish exports increased significantly afer the ban imposed by the European Union on the island’s fishery products lifted last year. The European Union imposed a ban on Sri Lanka’s fish exports in January 2015. The ban was lifted on …

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2017 Advanced Level examination results released

The Department of examinations announced that the 2017 GCE Advanced Level Examaniation resulst were released a short while ago. Candidates can check their results online from the department’s website www.doenets.lk The G.C.E. Advanced Level examination was held from August 8 to September 2, this year with 315,227 applicants at 2120 …

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