EXCHANGE RATES (MIDDLE RATES)
US DOLLAR: RS. 301.91 UK POUND: RS. 409.31 EURO: RS. 354.02 JAPANESE YEN: RS. 2.04 INDIAN RUPEE: RS. 3.41 AUSTRALIAN DOLLAR: RS. 201.07

BUSINESS AFFAIRS

  • AGRICULTURE SECTOR

    Climate change impacts agriculture significantly. As tempera­tures rise and weather patterns become more unpredictable, farmers face numerous challenges

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  • SUSTAINABILITY DRIVE

    There is a scientific consensus that the world urgently needs to transition towards a radically different growth path that’s sustainable and low carbon

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  • ECONOMIC REFORM

    Sri Lanka received approval from the IMF for an Extended Fund Facility (EFF) on 20 March. This marked around a year since

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  • FED POLICY

    It’s an interesting time to revisit US Federal Reserve policy given the recent turmoil in the banking sector. The failure of two

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  • FOOD SECTOR

    In December, the World Food Programme (WFP) announced that around 30 percent of Sri Lanka’s population – that’s over 6.5 million people – were

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  • AGRICULTURE SECTOR

    Urban agriculture – the cultivation, processing and distribution of food in or near metropolitan areas – has the potential to improve global food

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  • THE TRADE DEFICIT

    The trade deficit narrowed last year, falling to its lowest level since 2010; this was driven by higher exports and lower

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  • WORLD TRADE OUTLOOK

    Global trade continues to face multiple challenges as inflation and high interest rates, debt distress and geopolitical frictions

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  • INVESTMENT CLIMATE

    The story of attracting foreign investors to Sri Lanka is not a happy one and the blame lies with successive governments rather than any foreigners.

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  • AGRICULTURE SECTOR

    The global food system is supported by three crops – rice, wheat and maize – that provide 50 percent of all the calories consumed. According to the

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