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KEY ECONOMIC DATA

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    • IFRS 9: MANAGEABLE IMPACT FOR INSURERS14/02/18Fitch Ratings-Singapore/Hong Kong-12 February 2018Insurers are likely to see a moderate increase in investment income volatility following the Share this:PrintEmailFacebookLinkedInTwitterGoogleSkypeWhatsApp...
    • HIGHER EDUCATION30/10/17Sri Lanka announced Sunday the closure of a private medical college at the centre of a long running controversy over teaching standards Share this:PrintEmailFacebookLinkedInTwitterGoogleSkypeWhatsApp...
    • CYBER THEFT09/10/17Sri Lankan police have arrested two men for allegedly helping international criminals who hacked into computers at a Taiwan bank and stole millions of dollars, Share this:PrintEmailFacebookLinkedInTwitterGoogleSkypeWhatsApp...
    • REGIONAL MARKETS15/09/17Most Asian stock markets turned lower Friday after another missile launch by North Korea stoked the possibility of fresh geopolitical tensions while the Share this:PrintEmailFacebookLinkedInTwitterGoogleSkypeWhatsApp...
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    • FISCAL POLICY18/08/17Sri 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. Share this:PrintEmailFacebookLinkedInTwitterGoogleSkypeWhatsApp...
    • REGIONAL MARKETS14/08/17Most 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. Share this:PrintEmailFacebookLinkedInTwitterGoogleSkypeWhatsApp...
    • FINANCIAL INQUIRY11/08/17Sri 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. Share this:PrintEmailFacebookLinkedInTwitterGoogleSkypeWhatsApp...
    • TEA INDUSTRY04/08/17The world faces a shortage of prized Darjeeling tea because of deadly unrest in the idyllic Indian Himalayan foothills where it is grown. Share this:PrintEmailFacebookLinkedInTwitterGoogleSkypeWhatsApp...
    • SOUTHERN PORT31/07/17Sri 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 Share this:PrintEmailFacebookLinkedInTwitterGoogleSkypeWhatsApp...
    • MARKET UPDATE17/07/17Most Asian markets rose Monday following another record close on Wall Street while Shanghai stocks pared steep early losses thanks to stronger-than-expected growth figures Share this:PrintEmailFacebookLinkedInTwitterGoogleSkypeWhatsApp...
    • FED FALLOUT14/07/17Global stock markets were mostly higher on Thursday with the Dow edging to another record, boosted by remarks from Federal Reserve chief Janet Yellen that investors Share this:PrintEmailFacebookLinkedInTwitterGoogleSkypeWhatsApp...
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    • VIRAL EPIDEMIC03/07/17Sri Lanka deployed hundreds of soldiers to destroy mosquito breeding grounds as the country battles the spread of deadly dengue fever that has killed a record 215 people this year, Share this:PrintEmailFacebookLinkedInTwitterGoogleSkypeWhatsApp...
    • PRODUCTION INDEX30/06/17An indicator of Chinese manufacturing activity beat forecasts in June but analysts warned that Friday’s surprising result belied a slowdown in the world’s second-largest economy. Share this:PrintEmailFacebookLinkedInTwitterGoogleSkypeWhatsApp...
    • MARKET UPDATE19/06/17Asian markets on Monday built on last week’s gains following another record on Wall Street, while the euro edged up on news Share this:PrintEmailFacebookLinkedInTwitterGoogleSkypeWhatsApp...
    • ECONOMIC OUTLOOK05/06/17The global economy is set to post solid growth this year, amid improving world trade and better performance by large emerging markets, but key risks Share this:PrintEmailFacebookLinkedInTwitterGoogleSkypeWhatsApp...
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    • DISASTER MANAGEMENT29/05/17Sri Lanka’s monsoon toll climbed to 164 with the discovery of more bodies of people buried in landslides triggered by intense rains, the Share this:PrintEmailFacebookLinkedInTwitterGoogleSkypeWhatsApp...
    • POST-WAR AGENDA22/05/17Sri Lanka’s President announced Saturday new investigations into alleged secret detention centres as part of a drive to find tens Share this:PrintEmailFacebookLinkedInTwitterGoogleSkypeWhatsApp...
    • MARKET UPDATE19/05/17Asian traders headed into the weekend on a nervous note Friday as a pickup in US stocks and positive data were offset by worries about a crisis Share this:PrintEmailFacebookLinkedInTwitterGoogleSkypeWhatsApp...
    • REGIONAL MARKETS15/05/17Most Asian markets rose Monday with Hong Kong heading for a sixth successive gain as traders brushed off another set of disappointing US economic figures Share this:PrintEmailFacebookLinkedInTwitterGoogleSkypeWhatsApp...
    • AIRLINE INDUSTRY08/05/17A US equity firm that bid to buy a stake in Sri Lanka’s loss-making national airline has pulled its offer, officials said Saturday as the carrier scrambled for a new partner. Share this:PrintEmailFacebookLinkedInTwitterGoogleSkypeWhatsApp...
    • COMMODITY MARKETS05/05/17Hong Kong, China | AFP | Friday 5/5/2017 – Energy firms were among the main losers in Asian trade on Friday following a plunge in oil prices fuelled by fresh Share this:PrintEmailFacebookLinkedInTwitterGoogleSkypeWhatsApp...
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    • MARITIME PIRACY17/03/17Somali pirates on Thursday handed over an oil tanker and eight Sri Lankan hostages captured just days ago, the Oceans Beyond Piracy NGO told Share this:PrintEmailFacebookLinkedInTwitterGoogleSkypeWhatsApp...
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    • REGIONAL MARKETS03/10/16Asian markets rallied Monday, with financials up on easing fears about the future of German giant Deutsche Bank, after a source said it was nearing a deal to slash a multi-billion-dollar US fine Share this:PrintEmailFacebookLinkedInTwitterGoogleSkypeWhatsApp...
    • WIND POWER AFFECTS BIRDS03/10/16Although wind power is an ideal alternative energy option for Sri Lanka, the location of a proposed wind farm is said to negatively impact the migrant bird population arriving in the island Share this:PrintEmailFacebookLinkedInTwitterGoogleSkypeWhatsApp...
    • TAXES ON CIGARETTES HIKED03/10/16The Cabinet recently decided to impose a 15 percent Value Added Tax (VAT) on cigarettes, increase the current production tax to Rs. 5, and increase the cess on beedi leaf imports from Rs. 2,000 to Rs. 3,000, to curb smoking in the country Share this:PrintEmailFacebookLinkedInTwitterGoogleSkypeWhatsApp...
    • SHORTFALL IN TEA PRODUCTION03/10/16With Sri Lankan tea production in August falling by 13 percent compared to last year, from 3.4 million kilogrammes (kg) to 23 million kg, the country is predicted to head for a significant shortfall in tea production by the end of the year Share this:PrintEmailFacebookLinkedInTwitterGoogleSkypeWhatsApp...
    • COMPUTER LITERACY RISES03/10/16Computer literacy in Sri Lanka has increased from 16.1 percent in 2006/07 to 27.1 percent in 2015, according to a national survey conducted by the Department of Census and Statistics Share this:PrintEmailFacebookLinkedInTwitterGoogleSkypeWhatsApp...



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