Sri Lanka declares drinking water situation as critical issue
COLOMBO, Aug. 22 (Xinhua) — The Sri Lankan government has decided to consider the drinking water situation in the SouthContinue Reading
Tag: Economy
Maldives remits USD 29.3M to Sri Lanka in the first quarter of 2023 ; more than from Australia
Maldives has remitted USD 29.3 million to Sri Lanka during the first three months of 2023. According to Sri Lanka’sContinue Reading
India imposes 40% export duty on onions to calm rising prices
MUMBAI (Reuters) -India will impose with immediate effect a 40% export duty on onions up to Dec. 31 in anContinue Reading
China’s Xi calls for patience as Communist Party tries to reverse economic slump
BEIJING (AP) — Chinese leader Xi Jinping has called for patience in a speech released as the ruling Communist PartyContinue Reading
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
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
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
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