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
Tag: Economy
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
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
With one eye on China, Japan backs Sri Lanka as a partner in the Indo-Pacific
COLOMBO, Sri Lanka (AP) — Japan’s Foreign Minister Yoshimasa Hayashi said Saturday that Sri Lanka is a key partner inContinue Reading
