Sri Lanka news, Sri Lanka economy, Sri Lanka rupee from …
Sri Lanka news, Sri Lanka economy, Sri Lanka business news, Sri Lanka stocks, dollar rupee latest updates from EconomyNext
Karl Marx, Engels would have approved Sri Lanka rice imports for ...
Dec 15, 2024 · Sri Lanka has relaxed import licensing on rice, a staple food, till December 20, in bid to reduce rising local prices, but still kept a 220 dollar a tonne import tax in place, which …
Sri Lanka rupee depreciates further to close at 296.25/75 to dollar ...
Dec 23, 2024 · Sri Lanka’s rupee closed weaker at 296.25/75 to the US dollar on Monday from 293.50/294.00 on Friday, dealers said, while bond yields were steady.
Sri Lanka foreign reserves US$6.4bn in October 2024, up 7.9-pct
Nov 7, 2024 · ECONOMYNEXT – Sri Lanka’s rupee closed at 297.65/80 to the US dollar in the spot market Tuesday, weaker from Monday’s close of 296.90/297.10 dealers said, while bond …
Sri Lanka’s CEB and LECO borrows from ADB under Treasury …
Dec 22, 2024 · Sri Lanka's state-run Ceylon Electricity Board and Lanka Electric Company has borrowed 230 million dollars from the Asian Development Bank for hydro power and to …
Sri Lanka stock close up, net foreign outflow continues
6 days ago · ECONOMYNEXT – The Colombo Stock Exchange indices ended strong on Friday, bucking the fall in indices in mid-morning trade, data on its site showed. The All Share Price …
Fed claims US economic expansions ‘solid’, cuts rate to 4.50-4.75 …
Dec 19, 2024 · ECONOMYNEXT – The US Federal Reserve said economy continued to “expand at a solid pace” cutting rates 25 basis points to to 4.25/50 percent, under its confused mandate …
Sri Lanka’s CEB borrows US$150mn ADB loan to fix grid for …
Dec 19, 2024 · ECONOMYNEXT – Sri Lanka’s state-owned enterprises (SOE) could be either state-owned or privatized, Peter Breuer, International Monetary Fund (IMF) Mission chief for …
Sri Lanka cost of living to rise to 5-pct levels in second half of 2025
4 days ago · ECONOMYNEXT – Sri Lanka’s cost of living will rise to the 5 to 7 percent target, in the second half of 2025, the central bank has said, ending falling price it has achieved under …
Sri Lanka minister plans to lift VAT on brown sugar made at ...
Dec 6, 2024 · ECONOMYNEXT – Industries Minister Sunil Handunetti said cabinet approval will be sought to lift value added tax from brown sugar made at Lanka Sugar, a state enterprise …