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Tag: trade deficit

Sri Lanka imposes 15% tax on gold imports that impacts trade deficit
BUSINESS

Sri Lanka imposes 15% tax on gold imports that impacts trade deficit

Sri Lanka on Wednesday has imposed a 15% tax on gold to curb surging imports that have impacted the trade…

byFaraz Shauketaly19/04/2018
Exports kick off 2018 with near 12% gain
BUSINESSMain Story

Exports kick off 2018 with near 12% gain

New year opens with $ 965 m in export earnings but fuel drives trade deficit to over $ 2 b Exports driven by food,…

byFaraz Shauketaly09/04/201809/04/2018
Mixed ending to 2017 external trade
BUSINESSMain Story

Mixed ending to 2017 external trade

December brings good tidings with exports hitting $1b for fifth time Apparel exports top $5b in 2017 recording good growth…

byFaraz Shauketaly23/02/201823/02/2018
Sri Lanka’s trade deficit expands 8.4% in November 2017 despite double-digit growth in exports earnings
BUSINESS

Sri Lanka’s trade deficit expands 8.4% in November 2017 despite double-digit growth in exports earnings

Despite a double-digit growth in exports earnings continued for a fifth consecutive month, Sri Lanka’s trade deficit widened 8.4 percent…

byFaraz Shauketaly31/01/2018
CBSL issue warnings despite 0.2% decline in inflation
BUSINESS

CBSL issue warnings despite 0.2% decline in inflation

Colombo Consumers’ Price Index measured the inflation in November as 7.6%, having recorded 7.8% October. Despite the drop, the Central…

byFaraz Shauketaly04/12/2017
Sri Lanka’s trade deficit expands 7.5% in September 2017 despite double-digit growth in exports earnings
BUSINESS

Sri Lanka’s trade deficit expands 7.5% in September 2017 despite double-digit growth in exports earnings

Despite a double-digit growth in exports earnings surpassing US$ 1 billion for the third-consecutive month, Sri Lanka’s trade deficit widened…

byFaraz Shauketaly27/11/2017
Sri Lanka’s trade deficit with India no big deal, says economist
BUSINESS

Sri Lanka’s trade deficit with India no big deal, says economist

Despite the hue and cry made by the public and a certain section of the business community on Sri Lanka’s…

byFaraz Shauketaly26/11/2017
Sri Lanka maintains policy rates, current monetary policy stance is appropriate
BUSINESS

Sri Lanka maintains policy rates, current monetary policy stance is appropriate

Sri Lanka’s Central Bank releasing the monetary policy review on Tuesday said considering developments in the domestic and international macroeconomic…

byFaraz Shauketaly07/11/2017

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Exchange Rate USD: Mon, 25 May.


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