EXCHANGE RATES (MIDDLE RATES)
US DOLLAR: RS. 304.95 UK POUND: RS. 400.29 EURO: RS. 351.96 JAPANESE YEN: RS. 1.99 INDIAN RUPEE: RS. 3.43 AUSTRALIAN DOLLAR: RS. 197.50

BUSINESS AFFAIRS

  • 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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  • ECONOMIC OUTLOOK

    Sri Lanka has endured poor economic growth for more than a few years – and 2022 is expected to record the worst GDP contraction in its history

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  • GLOBAL ECONOMY

    Speaking at the recent World Economic Forum (WEF) in Davos, IMF Managing Director IMF Kristalina Georgieva asserted that the global economy

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  • AGRICULTURE SECTOR

    Many of the world’s most significant agricultural commodities are produced by smallholder farmers. On 24 percent of the planet’s gross agricultural land

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  • SUSTAINABLE TRADE

    Sustainability is a market differentiator that’s useful in international trade – and it is synonymous with competitiveness. Producers use either or both social

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