The Central Bank (CB) is likely to raise interest rates tomorrow by 50 bps (basis points) after a scheduled meeting today of the bank’s Monetary Board, analysts said.
The CB is expected to announce decisions of the board tomorrow followed by a media briefing. The last time rates were increased in August 2021 while holding the rates during the COVID-19 pandemic.
A Thai woman walking topless in Arugam Bay town has been arrested by the Police.
The UK government has unveiled a package of reforms to simplify imports from developing countries which allows for more garments manufactured in Sri Lanka to enter the UK tariff-free.
The Cabinet has approved a proposal for Sri Lankans overseas to apply for their passports through an online system via the Lankan diplomatic missions.
Cabinet has approved the appointment of Commodore (retired) M.B.N.A. Premaratne of the Sri Lanka Navy, as the new Commissioner General of Excise.
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