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Tag: economy

IMF says economy normalising but reforms essential
BUSINESSMain Story

IMF says economy normalising but reforms essential

Recommends fiscal consolidation and tightening monetary policy 2018 growth predicted at 4.6% below CB projections  Further delays in SOE reform, bad…

byFaraz Shauketaly13/01/201813/01/2018
2017 delivers mixed bag: CB
BUSINESSMain Story

2017 delivers mixed bag: CB

Ratings outlook improved, broad money growth, inflation down, credit growth dips to 15% Investor inflows to securities and stock market good, tightening…

byFaraz Shauketaly29/12/2017
Sri Lanka maintains policy rates as fiscal sector records notable improvements in 2017
BUSINESS

Sri Lanka maintains policy rates as fiscal sector records notable improvements in 2017

Sri Lanka’s Central Bank releasing the monetary policy review on Thursday said environment it has decided to maintain current policy…

byFaraz Shauketaly28/12/201728/12/2017
India to become world’s fifth largest economy in 2018
BUSINESSMain Story

India to become world’s fifth largest economy in 2018

India to leapfrog UK and France in 2018, Britain’s Cebr predicts India looks set to leapfrog Britain and France next…

byFaraz Shauketaly27/12/2017
PM to discuss with ADB and IMF 40M coconut shortfall till mid next year
BUSINESSMain Story

PM to discuss with ADB and IMF 40M coconut shortfall till mid next year

BY Methmalie Dissanayake Prime Minister Ranil Wickremesinghe yesterday (8) said that according to forecasts there would be a 40 million…

byFaraz Shauketaly09/12/201709/12/2017
Sri Lanka invites UAE to be a strong partner in achieving its economic targets
LOCAL

Sri Lanka invites UAE to be a strong partner in achieving its economic targets

The Gulf region’s most competitive economy, the United Arab Emirates (UAE) is upbeat on its future trade prospects with Sri…

byFaraz Shauketaly05/12/2017
Interference in state institutions a problem – State Minister
BUSINESS

Interference in state institutions a problem – State Minister

Minister of Public Enterprise Development, Lakshman Yapa Abeywardena said that state institutions cannot be taken forward if there unnecessary interference…

byFaraz Shauketaly30/11/2017
Sri Lankan President to leave for South Korea today on an official visit
LOCAL

Sri Lankan President to leave for South Korea today on an official visit

Sri Lankan President Maithripala Sirisena will leave for South Korea today on a three-day state visit from 28 to 30…

byFaraz Shauketaly27/11/2017
Sri Lanka’s Prime Minister says “nothing to hide” on the Treasury Bond issue
Main Story

Sri Lanka’s Prime Minister says “nothing to hide” on the Treasury Bond issue

  By Shamindra Ferdinando Prime Minister Ranil Wickremesinghe yesterday said the government hadn’t taken any policy decision to instruct the…

byFaraz Shauketaly21/11/201721/11/2017
UAE keen to support joint development projects with Sri Lanka
BUSINESS

UAE keen to support joint development projects with Sri Lanka

The United Arab Emirates (UAE) Minister of Foreign Affairs and International Cooperation Sheikh Abdullah bin Zayed Al Nahyan, who is…

byFaraz Shauketaly20/11/201720/11/2017

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