EXCHANGE RATES (MIDDLE RATES)
US DOLLAR: RS. 300.02    UK POUND: RS. 412.30    EURO: RS. 353.96    JAPANESE YEN: RS. 2.08    INDIAN RUPEE: RS. 3.50    AUSTRALIAN DOLLAR: RS. 197.11


CABINET APPOINTEES

Sri Lanka’s President Maithripala Sirisena named a 30 member cabinet Thursday to end a crippling seven week power struggle with his prime minister but only after a final tussle over who should control the police.
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CYBER THEFT

Sri Lankan police have arrested two men for allegedly helping international criminals who hacked into computers at a Taiwan bank and stole millions of dollars,
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MARKET UPDATE

Asian traders moved cautiously Monday with turmoil in the White House fuelling concerns about Donald Trump’s economic agenda as a central bankers’ summit comes into view later in the week.
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FISCAL POLICY

Sri Lanka announced tax cuts and subsidised loans for small businesses and exporters Thursday, amid concerns a raging drought and flash flooding could drag on economic growth.
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REGIONAL MARKETS

Most Asian markets started clawing back losses Monday as fears fuelled by spiralling North Korean tensions showed tentative signs of easing and safe-haven assets lost momentum.
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FINANCIAL INQUIRY

Sri Lanka’s foreign minister resigned Thursday after being linked to a controversial financial trader under investigation for allegedly causing millions of dollars of losses to the island’s coffers.
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TEA INDUSTRY

The world faces a shortage of prized Darjeeling tea because of deadly unrest in the idyllic Indian Himalayan foothills where it is grown.
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SOUTHERN PORT

Sri Lanka on Saturday sealed a billion-dollar deal to let a Chinese state firm take over a loss-making port in a move that worries many, including its giant neighbour India
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