EXCHANGE RATES
US DOLLAR: RS. 174.64    UK POUND: RS. 227.94    EURO: RS. 197.37    JAPANESE YEN: RS. 1.56    INDIAN RUPEE: RS. 2.51    SINGAPOREAN DOLLAR: RS. 129.00    AUSTRALIAN DOLLAR: RS. 125.63

THE ECONOMY

Reflecting on what I wrote 12 months ago in the January 2017 edition of LMD, it would appear that some of the key themes and trends
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ICT INDUSTRY

A rapidly growing industry in Sri Lanka, ICT serves a broad spectrum of areas. With Sri Lanka graduating to a middle income country
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INFLATION OUTLOOK

While most macroeconomic indicators such as gross official reserves are heading in the right direction, inflation doesn’t seem to be moving in the same fashion.
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THE ENVIRONMENT

Global Forest Watch’s (GFW) 2015 satellite based global data indicates continued high tree cover loss (47% less in 2015 than in 2001). Improved technology
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MONETARY POLICY

In its latest World Economic Outlook Update (July 2017), the International Monetary Fund (IMF) states that the cyclical recovery in the global economy
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