Ajith Nivard Cabraal became the first person in the history of Sri Lanka’s Central Bank to serve in the position as Governor for a
Category: ECONOMY
CABRAAL RESIGNS AS MP AND STATE MINISTER AS BANK HOUSE BECKONS
Sri Lanka’s State Minister of Capital Markets Ajith Nivard Cabraal has formally resigned his role as a Member of Parliament. Mr Cabraal was appointed to
STATE OWNED SD&CC ON USD 230 MILL PLUS RS 734 MILL SPENDING SPREE
Sri Lanka’s state-owned SD&CC have sought Cabinet of Ministers approval to engage in facilities worth USD 230,200,000 (USD 230 Million) and Rs 734,000,000 to procure
GOV’T ON SEARCH FOR FUNDS – USD 2.5BN FOR FUEL PLUS USD 500M FOR ROADS
Sri Lanka’s government are in advanced negotiations with various agents – helping the government to secure large scale facilities. The biggest of these was an
McDonald’s profit misses estimates as restaurants limit services
McDonald’s Corp (MCD.N) missed Wall Street estimates for quarterly profit on Thursday as most of its restaurants limited their services to delivery, drive-thru and take-away
Worst economic crisis since 1930s depression, IMF says
The coronavirus pandemic will turn global economic growth “sharply negative” this year, the head of the International Monetary Fund (IMF) has warned. Kristalina Georgieva said