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Asian shares rose on Monday, pushing a broad regional index to a record high as investors pinned their hopes for economic revival on coronavirus vaccines, even as the world contends...
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As per the Customs statistics, earnings from merchandise exports recorded a negative growth of 14.9% in October 2020 to US$ 831.72 Mn as compared to the value of US$ 977.3...
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Strengthening the 2021-2023 medium term programme of poverty alleviation and economic revival The export development board is pleased to see an export focused budget which will support strong export growth...
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According to State Minister of Finance Ajith Nivard Cabraal, the advances made by banks and financial institutions only increased by Rs.27 billion to Rs.237 billion in the first nine months...
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Sri Lanka’s trade deficit improved in September 2020, compared to a year earlier, with a more than expected rebound in merchandise exports and a reduction in merchandise imports during the...
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Having identified the national importance of revamping the businesses affected by COVID-19 pandemic, the Central Bank of Sri Lanka (CBSL), in consultation with the Government of Sri Lanka, implemented Saubagya...
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Cautions of possible disruptions to market accessCalls on exporters to be mindful, agile, maintain close customer baseEDB Chief says SL’s keenness to trade with world remains unchangedExtends fullest support to...
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A rise in foreign-exchange reserves across Fitch-rated sovereigns in the Asia Pacific (APAC) over the last two quarters has bolstered external buffers and should support ratings. However, the trend also...
Read moreThe Central Bank of Sri Lanka released its report on “Recent Economic Developments: Highlights of 2020 and Prospects for 2021”. The Report can be downloaded from the website of the...
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Headline inflation, as measured by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index (CCPI, 2013=100), remained unchanged at 4.0 percent in October 2020 due to the statistical effect...
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The East Container Terminal ( ECT) of Sri Lanka Ports Authority has unveiled for its container operations by Hon. Rohitha Abeygunawardena, Minister of Port and Shipping, last morning, 27 October...
Read moreThe total exports, both merchandise and service maintained at US$ 9,693 million during January to September 2020, as against US$ 11,784 million recorded for a similar period in the last...
Read moreHeadline inflation as measured by the year-on-year (Y-o-Y) change in the National Consumer Price Index (NCPI, 2013=100)1 increased to 6.4% in September 2020 from 6.2% in August 2020. This was...
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The Purchasing Managers’ Indices (PMIs) for both manufacturing and services activities expanded in September 2020, the Statistics Department of the Central Bank of Sri Lanka announced yesterday (15). Manufacturing activities...
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Economy News: World Bank in its twice-a-year-regional update expects the South Asian economies including Sri Lanka to slump sharper than expected this year into its worst-ever recession as the devastating...
Read moreEconomy News: Headline inflation as measured by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index (CCPI, 2013=100) marginally decreased to 4.0 per cent in September 2020 from 4.1...
Read moreEconomy News: Headline inflation as measured by the year-on-year (Y-o-Y) change in the National Consumer Price Index (NCPI, 2013=100) increased marginally to 6.2 percent in August 2020 from 6.1 percent...
Read moreEconomy News: Sri Lanka’s external sector recovered further in July 2020 supported by an increase in merchandise exports and increased workers’ remittances amidst reduced merchandise imports. Several notable achievements were...
Read moreEXPORTS A NEAR BILLION DOLLARS FOR THE 3RD CONSECUTIVE MONTH IN A ROW - EXPORT PERFORMANCE IN AUGUST 2020 Economy News | EDB: Sri Lanka’s exports during the month of...
Read moreEconomy News | Colombo: State Minister of Finance and Capital Markets Ajith Nivard Cabraal told stockbrokers that "Sri Lankan investors who acquire shares now would make substantial capital gains very...
Read moreEconomy News | Colombo: Headline inflation as measured by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index (CCPI, 2013=100) decreased to 4.1 per cent in August 2020 from...
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Economy News | Colombo: According to the biannual Land Price Index compiled by Central Bank of Sri Lanka, land prices in Sri Lanka's commercial capital Colombo averaged 7.1 per cent...
Read moreEconomy News: Headline inflation as measured by the year on- year (Y-o-Y) change in the National Consumer Price Index (NCPI, 2013=100) decreased to 6.1 percent in July 2020 from 6.3...
Read morePurchasing Managers' Indices for both Manufacturing and Services activities continued to expand in July 2020, compared to June 2020 benefitting from the normalizing of economic activities Reflecting that manufacturing activities...
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Economy News: Sri Lanka’s exports have surpassed the $ 1 billion mark in July after six months time period where a similar achievement was only recorded in January during this...
Read moreEconomy News: ICRA Lanka’s projections show that the economic growth is recording better performance in 3Q and 4Q. It expects that the CBSL would maintain an accommodative monetary policy and...
Read moreEconomy News Sri Lanka: Headline inflation as measured by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index (CCPI, 2013=100)1 increased to 4.2% in July 2020 from 3.9% in...
Read moreEconomy News Sri Lanka: Headline inflation as measured by the year-on-year change in the Colombo Consumer Price Index (CCPI) increased to 4.2 percent in July from 3.9 percent in June,...
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Economy News Sri Lanka: Moody’s Investors Service reviews all of its ratings periodically in accordance with regulations -- either annually or, in the case of governments and certain EU-based supranational...
Read moreEconomy News Sri Lanka: Headline inflation as measured by the year-on-year (Y-o-Y) change in the National Consumer Price Index (NCPI, 2013=100)1 increased to 6.3% in June 2020 from 5.2% in...
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