EXCHANGE RATES (MIDDLE RATES)
US DOLLAR: RS. 311.31 UK POUND: RS. 415.72 EURO: RS. 359.13 JAPANESE YEN: RS. 1.95 INDIAN RUPEE: RS. 3.37 AUSTRALIAN DOLLAR: RS. 221.37

BUSINESS AFFAIRS

  • May- 2023 -
    3 May

    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

    Read More »
  • 2 May

    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

    Read More »
  • 1 May

    AGRICULTURE SECTOR

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

    Read More »
  • Mar- 2023 -
    30 March

    THE TRADE DEFICIT

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

    Read More »
  • 30 March

    WORLD TRADE OUTLOOK

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

    Read More »
  • 30 March

    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.

    Read More »
  • 30 March

    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

    Read More »
  • 2 March

    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

    Read More »
  • 2 March

    GLOBAL ECONOMY

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

    Read More »
  • 2 March

    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

    Read More »
Back to top button