Facebook Pixel CBSL's ME crisis worst-case scenario unlikely: President | Daily FT - newspaper - Les denne historien på Magzter.com

Prøve GULL - Gratis

CBSL's ME crisis worst-case scenario unlikely: President

Daily FT

|

March 07, 2026

President says CBSL submits scenario analysis to Govt. on financial market impact

CBSL's ME crisis worst-case scenario unlikely: President

PRESIDENT Anura Kumara Dissanayake said the Central Bank of Sri Lanka has presented the Government with a scenario-based assessment of the possible economic impact of the ongoing conflict in the Middle East, including a worst-case outcome which authorities do not expect to materialise.

Speaking at a special press conference on Thursday, the President said the Central Bank had submitted its projections the previous day outlining potential responses of the financial market under different developments in the conflict.

FLERE HISTORIER FRA Daily FT

Daily FT

Daily FT

CBSL's ME crisis worst-case scenario unlikely: President

President says CBSL submits scenario analysis to Govt. on financial market impact

time to read

2 mins

March 07, 2026

Daily FT

Daily FT

Ceylon tea losing up to $ 15 m a week due to Mideast crisis

SRI Lanka's tea industry is facing severe disruptions as the ongoing military conflict in the Middle East has effectively halted shipments to one of its largest export markets, with exporters estimating revenue losses of between $ 10 million and $ 15 million per week.

time to read

3 mins

March 07, 2026

Daily FT

Strait of Hormuz closure likely temporary, oil price impact limited: Fitch

FITCH Ratings yesterday said the effective closure of the Strait of Hormuz, the key driver of oil price increases following the 28 February outbreak of the Iran conflict, is likely to be temporary given its vital economic role.

time to read

2 mins

March 07, 2026

Daily FT

Govt. to operationalise Electricity Act from Monday

THE Government will bring most provisions of the Sri Lanka Electricity Act, No. 36 of 2024 into operation from Monday (9), marking a key step in the power sector reforms aimed at restructuring the electricity industry and strengthening planning and regulatory frameworks.

time to read

1 mins

March 07, 2026

Daily FT

CSE ends in red, down 4.34% during week

THE Colombo stock market yesterday ended the four-day week in red, weighed down by index-heavy banking and diversified holdings stocks.

time to read

1 mins

March 07, 2026

Daily FT

How US sinking of Iranian warship blew hole in Modi's 'guardian' claims

If India sees itself a security provider in the Indian Ocean. On Wednesday, it couldn't save even its own guest

time to read

5 mins

March 07, 2026

Daily FT

SLTDA hosts stranded tourists to brunch

SRI Lanka Tourism yesterday hosted a special brunch for foreign tourists stranded in the country due to the ongoing Middle East crisis, as part of efforts to support visitors affected by widespread flight disruptions and airport closures in the region.

time to read

1 mins

March 07, 2026

Daily FT

Sri Lanka Shippers' Council flags risks as Mideast war disrupts shipping

THE Sri Lanka Shippers' Council (SLSC) has warned that escalating geopolitical tensions in the Middle East are beginning to disrupt global shipping routes, raising concerns over potential impacts on Sri Lanka's trade and supply chains.

time to read

1 mins

March 07, 2026

Daily FT

Daily FT

Embassy facilitates pilot testing of home-grown medical device in Bahrain

Non-invasive early detection of cardiovascular conditions using Artificial Intelligence

time to read

1 mins

March 07, 2026

Daily FT

National poverty line rises to Rs. 16,730 in Jan.

SRI Lanka’s national poverty line increased to Rs. 16,730 per person per month in January 2026, up from Rs. 16,334 a year earlier, according to official district-level estimates.

time to read

1 min

March 07, 2026

Listen

Translate

Share

-
+

Change font size