News

Dr. Nandalal among Global Finance Magazine’s top 21 Central Bank Governors

Published

2 years ago

September 2, 2023

editor

Governor of the Central Bank of Sri Lanka (CBSL), Dr. Nandalal Weerasinghe, has been named amongst the 21 Bank Governors listed in the Global Finance Magazine’s Central Banker Report Cards for the year 2023.

Accordingly, Dr. Weerasinghe was amongst the 10 governors who earned an ‘A-’ grade.

On 23 August, the Global Finance Magazine released the names of the Central Bank Governors who earned either A+, A or A- grades as part of the Central Bank Reporter Cards 2023.

Accordingly, India’s Shri Shaktikanta Das, and Thomas. J. Jordan from Switzerland along with Nguyen Thi Hong from Vietnam topped the list, being the only three governors to earn an A+ grade, while Bank Governors from Brazil, Israel, Mauritius, New Zealand, Paraguay, Peru, Taiwan and Uruguay were ranked with an A grade.

Meanwhile, Dr. Weerasinghe was accompanied by the Bank Governors of Colombia, the Dominican Republic, Iceland, Indonesia, Mexico, Morocco, Norway, South Africa and South Korea in the list of those governors who earned an A- grade.

The Central Banker Report Cards, published annually by Global Finance since 1994, grade the central bank governors of 101 key countries, territories and districts, including the European Union, the Eastern Caribbean Central Bank, the Bank of Central African States and the Central Bank of West African States.

Grades are based on a scale from A to F for success in inflation control, economic growth goals, currency stability and interest rate management. (An “A” represents an excellent performance down through an “F” for outright failure.)

“Fighting inflation, which has been fueled by pent-up demand and disrupted supply chains, has everyone turning to their central bankers for help,” said Global Finance founder and editorial director Joseph Giarraputo. “Global Finance’s annual Central Banker Report Cards celebrate those bank governors whose strategies outperformed their peers through originality, creativity and tenacity.”

Source – Global Finance Magazine

News

Train schedules on Northern line revised

Published

2 minutes ago

July 7, 2025

editor

The Department of Railways has announced amendments to train schedules on the Northern Line in response to public requests.

Due to high demand, the Intercity Express train, which previously operated only on weekends, will now run daily between Mt. Lavinia and Kankesanthurai starting today (July 07).

In addition, the departure time of the “Yaal Devi” train plying daily from Colombo Fort to Kankesanthurai has been revised from 5.45 am to 6.40 am.

The Department has advised passengers who made advance seat reservations for the “Yaal Devi” train a month ago, to note the new departure time.

News

Rains expected in several areas today

Published

1 hour ago

July 7, 2025

editor

The Meteorology Department says that several spells of showers will occur in the Western, Sabaragamuwa and provinces and in Kandy, Nuwara-Eliya, Galle and Matara districts today (July 07).

A few showers may occur in the North-western province.

Showers or thundershowers may occur at a few places in the Uva province and in Ampara and Batticaloa districts during the afternoon or night.

Strong winds of about 40-50 kmph can be expected at times over Western slopes of the central hills and in Northern, North-central and North-western provinces and in Trincomalee and Hambantota districts.

The general public is kindly requested to take adequate precautions to minimize damages caused by temporary localized strong winds and lightning during thundershowers.

News

Former Eastern Provincial Council member arrested

Published

12 hours ago

July 6, 2025

editor

Ampara District Organizer of the Tamil Makkal Viduthalai Pulikal party and former member of the Eastern Provincial Council K. Pushpakumar alias Iniya Bharathi has been arrested.

He was arrested over the abduction and disappearance of the former Vice Chancellor of the Eastern University Prof. Subramaniyam Ravindranath.

Sivanathurai Chandrakanthan, alias Pillayan, the leader of the Tamil Makkal Viduthalai Pulikal (TMVP) and former State Minister, was arrested by the Colombo Criminal Investigation Department at his office in Batticaloa on April 8, over this incident.

He was later detained for 3 months under the Prevention of Terrorism Act.

Iniya Bharathi, also known as Kumaraswamy Pushpakumar, was arrested based on information revealed during the interrogation of Pillayan.