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Sinhalese Sports Club (SSC), one of Sri Lanka’s topmost cricket-playing domestic clubs, are in a spot of bother as they are on the verge of losing their first-class status after their lacklustre performance in the ongoing Major Club three-day cricket tournament.
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Sri Lanka, currently facing dry conditions, is expected to last for the next two weeks with low rainfall expected afterwards, and there is a possibility of temperatures being higher than the previous year during March and April an official from the Department of Meteorology said.
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Sri Lanka’s inflation is expected to increase “sizeably” in the third quarter this year (3Q25), with the possibility of it hovering around 2 percentage points above the inflation target in mid-2026, the Central Bank of Sri Lanka (CBSL) said in its monetary policy report that was released yesterday.
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The Central Bank of Sri Lanka has announced a T-Bill auction totaling LKR 115.0Bn, scheduled for 19th Feb-25. CBSL aims to raise LKR 25.0Bn from 3M, LKR 60.0Bn from 6M, and LKR 30.0Bn from 12M T-Bills respectively. Today, the secondary market experienced a volatile trading session, marked by strong buying interest among market participants. As a result, secondary market trades witnessed high trading volumes, however the yield curve remained broad