Business Briefing – Page 22 – MDW Live! News Network

by MDWLive.net June 15, 2023

Sri Lanka’s economy shrinks 11.5% in first quarter as financial crisis continues

COLOMBO (Reuters) -Sri Lanka’s economy shrank 11.5% in the first three months of 2023, official data showed on Thursday, asContinue Reading

by MDWLive.net June 13, 2023

COLOMBO, June 13 (Reuters) – Sri Lanka’s government has decided to extend a restriction on outward capital transactions by sixContinue Reading

by MDWLive.net June 10, 2023

COLOMBO (Reuters) – Sri Lanka lifted import restrictions on 286 items, the Finance Ministry said on Saturday, a fresh signContinue Reading

by MDWLive.net June 7, 2023

COLOMBO (Reuters) – Sri Lanka and Thailand could sign a free trade agreement (FTA) by March, a top official ofContinue Reading

by MDWLive.net June 6, 2023

COLOMBO, June 6 (Reuters) – Sri Lanka will slash the price of 60 essential drugs by 16% from June 15,Continue Reading

by MDWLive.net June 1, 2023

(Bloomberg) — After topping global currency rankings this year, analysts are predicting tough times ahead for the Sri Lankan rupeeContinue Reading

by MDWLive.net May 29, 2023

Manila (AFP)- The Asian Development Bank approved a $350 million loan on Monday for bankrupt Sri Lanka, buttressing an IMFContinue Reading

by MDWLive.net May 26, 2023

COLOMBO, May 26 (Reuters) – Sri Lanka’s tea production in the first four months of 2023 dropped 20% to aContinue Reading

by MDWLive.net May 25, 2023

TOKYO (Reuters) -Debt-laden Sri Lanka should be able to conclude a new round of restructuring talks by September or NovemberContinue Reading

by MDWLive.net May 22, 2023

COLOMBO, Sri Lanka (AP) — Chinese petroleum giant Sinopec signed an agreement with Sri Lanka on Monday to enter intoContinue Reading