EXCHANGE RATES (MIDDLE RATES)
US DOLLAR: RS. 302.10 UK POUND: RS. 412.18 EURO: RS. 358.11 JAPANESE YEN: RS. 2.06 INDIAN RUPEE: RS. 3.43 AUSTRALIAN DOLLAR: RS. 201.67

BUSINESS AFFAIRS

  • PUBLIC TRANSPORT

    Sri Lanka has reached a stage where the expansion and streamlining of its railways can no longer be delayed given the increasing vehicular traffic

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  • MICROFINANCE SECTOR

    Concerns have been raised about the plethora of microfinance institutions and their practices, especially in relation to rising

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  • EU-UK TRADE

    Brexit has been in the background in recent times but is back in the headlines following the House of Lords vote against the government and in favour of a customs…

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  • ECONOMIC INDICATORS

    The 2017 annual economic growth indicator released in the second half of March revealed a sharp slowdown in GDP growth, easing to 3.1 percent from 4.5 percent

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  • PUBLIC TRANSPORT

    Public transport appears to be a perennial issue in Sri Lanka. This is clearly the case with the bus service, the predominant form

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  • MOTOR INDUSTRY

    “Over the years, our vehicle policy has been neither clean nor green. We propose all vehicles in the country to be powered by non-fossil fuel sources by 2040

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  • GLOBAL TRADE

    Markets are worried about the prospect of another global trade war. A full-blown trade waris unlikely but increased US

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  • ENERGY RESOURCES

    At the turn of the 20th century, coal and wood were the dominant sources of energy; together, they accounted for over 90 percent of global energy consumption

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  • MONETARY POLICY

    The turbulent period witnessed in the financial markets in February was driven in part by speculation that higher inflation would prompt the US Federal Reserve to

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  • THE GREEN ECONOMY

    The world is simply not changing fast enough. We are living beyond our planet’s resources so transitioning to a new green

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