REGIONAL MARKETS
The dollar tumbled against its major peers in Asia on Monday while regional markets sank in holiday-thinned trade as dealers
STATE BORROWINGS
Sri Lanka Thursday said it was stuck in a “gigantic debt trap” and that paying off foreign loans would hit a record US$ 2.4 billion
MARKET REACTION
The pound struggled at 32-year lows against the dollar in Asia on Monday after reports said British Prime Minister Theresa May
TRADE CONCESSIONS
The European Commission on Wednesday proposed restoring tariff concessions for imports from Sri Lanka after scrapping them
PROTEST CAMPAIGN
Sri Lanka police fired teargas to disperse hundreds of people protesting the launch Saturday of a special industrial
CURRENCY MARKETS
China on Friday hiked the yuan against the dollar in its biggest one-day increase since 2005, after the greenback fell
ECONOMIC POLICY
Beijing has pledged to open up more economic sectors to foreign investment, an official statement said, as foreign chambers
REGIONAL MARKETS
Most Asian markets fell Friday following a retreat on Wall Street and as oil prices weakened on the last trading day before Christmas
FINANCIAL AID
Sri Lanka has secured US$ 1.34 billion in loans from the World Bank to boost the cash-strapped island’s economy over the next
CURRENCY MARKETS
The euro hit a 20-month low Monday and most Asian stocks retreated as a fresh wave of uncertainty hit markets after Italy’s prime minister resigned following a heavy referendum defeat.
REGIONAL MARKETS
Asian stocks turned negative Friday and oil prices retreated along with the dollar as investors took a step back from a recent rally, while caution
ENERGY POLICY
The Public Utilities Commission of Sri Lanka (PUCSL) has introduced a proposal that would exempt electricity consumers who
HUMAN RIGHTS
Sri Lanka’s President Maithripala Sirisena has asked Donald Trump to pressure the UN Human Rights Council to drop war crimes allegations
REGIONAL MARKETS
Asian markets headed into the weekend on a positive note Friday, with Tokyo again being propelled by the weaker yen as the
FISCAL POLICY
Sri Lanka’s economy has begun to stabilise after securing a US$ 1.5 billion bailout earlier this year, but the island needs to
INTERNAL TRADE
The Sri Lankan Government will sign a Memorandum of Understanding (MoU) with a Chinese consortium by January
GOVERNMENT FINANCE
Sri Lanka’s Minister of Finance Ravi Karunanayake assured that Budget 2017 is a development-oriented budget
TRADE AGREEMENT
Prime Minister Theresa May said Britain would become the ultimate free trade champion as she laid the groundwork
REGIONAL MARKETS
A sharp fall in Tokyo led losses in most major Asian stock markets Friday, as traders fret over next week’s US election
TRADE RELATIONS
Indian Prime Minister Narendra Modi hosted leaders of the BRICS emerging powers on Sunday at a summit seeking to strengthen trade ties and help overcome the bloc’s economic woes
