Sri Lanka scraps $3.85 billion foreign-funded oil refinery
Colombo (AFP) Cash-strapped Sri Lanka announced on Tuesday it was scrapping a $3.85 billion deal to build an oil refineryContinue Reading
Category: Business
IMF staff to visit Sri Lanka in Sept for first programme review
LONDON (Reuters) – An International Monetary Fund (IMF) staff team will visit Colombo in a month’s time for the firstContinue Reading
Sri Lanka Lifts Import Ban on Trucks, Heavy Vehicles
COLOMBO (Reuters) – Sri Lanka on Tuesday lifted a ban on imports of trucks and other heavy vehicles for theContinue Reading
Climate skeptic Vivek Ramaswamy on fire in White House race
(AFP)-He calls climate activism a “religious cult,” but White House hopeful Vivek Ramaswamy is enjoying a moment in the sunContinue Reading
Indira Gandhi govt gave Katchatheevu Island to Sri Lanka -P.M Modi
New Delhi, Aug 10 (PTI) Prime Minister Narendra Modi on Thursday blamed the Congress for the partition of India, and alsoContinue Reading
China tips into deflation as efforts to stoke recovery falter
BEIJING (Reuters) -China’s consumer sector fell into deflation and factory-gate prices extended declines in July, as the world’s second-largest economyContinue Reading
Sri Lanka central bank cuts statutory reserve ratio by 200 bps to boost liquidity
COLOMBO (Reuters) – The Central Bank of Sri Lanka has cut the statutory reserve ratio for commercial banks by 200Continue Reading
Sri Lanka central bank chief: monetary policy transmission still incomplete
COLOMBO (Reuters) -Monetary policy transmission to the real economy in Sri Lanka is still incomplete, the governor of the country’sContinue Reading
Sri Lanka’s inflation down but outlook is still cloudy – analysts
COLOMBO, Aug 4 (Reuters) – Sri Lanka’s inflation rate, which dropped to single digits for the first time in monthsContinue Reading
Crisis-hit Sri Lanka’s inflation moderated to 6.3 percent in July, official figures showed Monday, its lowest rate in nearly two years.
(AFP)-Crisis-hit Sri Lanka’s inflation moderated to 6.3 percent in July, official figures showed Monday, its lowest rate in nearly twoContinue Reading
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