AVIATION INDUSTRY
Indonesia’s national carrier Garuda has told Boeing it will cancel a multi-billion dollar order for 49 Boeing 737 MAX 8 jets after two fatal
FISCAL POLICY
The budget for fiscal year 2019 was unveiled earlier this month by Minister of Finance and Mass Media Mangala Samaraweera under
NATIONAL ECONOMY
Credit rating agency Moody’s Corporation says reducing fiscal deficits and debt stock is likely to be challenging for Sri Lanka unless
REGIONAL MARKETS
Asian markets rose Monday as investors tracked a positive lead from Wall Street on optimism over the China-US trade talks while attention
OLYMPIC ROBOTS
Tokyo Olympic organisers on Friday rolled out a pair of chatty robots they will put to work to assist wheelchair users at the 2020 games
BILATERAL RELATIONS
China’s Vice-Minister of Agriculture and Rural Affairs Qu Dongyu met Sri Lanka’s ambassador to China Karunasena Kodituwakku
TOURISM INDUSTRY
The Sri Lanka Tourism Promotion Bureau (SLTPB) presented a documentary film to the global media at the ITB Berlin Convention earlier
FOREIGN AID
A concessionary loan agreement of JPY 30 billion was signed between the Government of Sri Lanka (GoSL) and the Japan International Cooperation Agency (JICA)
GLOBAL ECONOMY
Asian markets were mixed Monday as bargain buying from last week’s sharp losses was offset by a weak US jobs report and ongoing
MARKET UPDATE
Asian markets tanked and the euro struggled to recover Friday as the ECB’s decision to slash its growth and inflation forecasts
FOREIGN AID
The Norwegian government plans to contribute NOK 60 million over a period of three years to help Sri Lanka in its demining efforts,
CRICKET PROGRESS
Sri Lankan cricket’s crisis ridden governing body announced Sunday it had secured the release of US$ 11.5 million withheld by the International Cricket
REGIONAL MARKETS
Markets rose in Asia on Friday although investors remain cautious as they await developments after the failure of the Trump-Kim summit
GLOBAL ACCREDITATION
CIFC (Port City) has received ISO 9001:2015 certification for the quality management system (QMS) adopted by its project company
PORT UPGRADE
The Ministry of Ports & Shipping and Southern Development announced plans to allocate Rs. 929 million to strengthen
GLOBAL WARMING
Sri Lanka has topped the list of most affected countries (in 2017) in the Global Climate Risk Index 2019. Global warming and climate change have resulted many catastrophes
TRADE TALKS
Shanghai led a rally across Asian markets Monday after Donald Trump said he would delay a hike in tariffs on Chinese goods citing
NATIONAL OUTPUT
Sri Lanka is expected to record an economic growth rate of 4.2 percent this year while this figure is expected to increase to 4.5 percent by 2020
REGIONAL FORUM
Sri Lanka’s Regional Sanitation Centre (RSC) is organising the South Asian Conference on Sanitation (SACOSAN) to be held from 21 to 23 February.
MARKET UPDATE
Asian stocks retreated Friday as concern grew over reports of an impasse in China-US trade talks in Beijing and Wall Street was hit by weak US retail sales.
