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Friday June 2nd, 2023

Concern expressed over bid conditions for Sri Lanka's East Container Terminal

An influential shipping industry body has warned that conditions set for investors to build and operate a container term...

July 11, 2016 2 min read

UK's Osborne to urge U.S. investors to stick with Britain outside EU

British finance minister George Osborne will meet some of Wall Street's biggest investors in New York on Monday to urge ...

July 11, 2016 2 min read

Sri Lanka power engineers in bid to block back-door LNG plants entry

Engineers of Sri Lanka's state-run Ceylon Electricity Board have warned that they are withdrawing from procurement commi...

July 10, 2016 2 min read

Batticaloa airport revives hope for Sri Lanka domestic air travel

Direct air connectivity to Sri Lanka's east could become a reality if domestic air travel takes off after Batticaloa air...

July 10, 2016 1 min read

Nisha Biswal in Sri Lanka for economic, reconciliation talks

US Assistant Secretary of State for South and Central Asian Affairs Nisha Desai Biswal will arrive in Sri Lanka, the Ame...

July 10, 2016 1 min read

Sri Lanka calls on China to respect international law in South China Sea

Sri Lanka has called on China to respect international law in the South China Sea, where the larger nation has been inti...

July 10, 2016 2 min read

LNG prices poised to firm as new buy tender and outages bite

MILAN, July 8 (Reuters) - Asian prices for liquefied natural gas (LNG) were set to rise next week on strong prompt deman...

July 10, 2016 2 min read

Where might La Niña take a bite out of world food supplies?

NEW YORK, July 7 (Thomson Reuters Foundation) - With weather forecasters predicting a La Niña weather phenomenon comi...

July 10, 2016 3 min read

Global economy "grim" and G20 must step up to fix it -China

SHANGHAI, July 9 (Reuters) - The global economic situation is grim and major economies must lead the way in tackling pro...

July 10, 2016 3 min read

Sri Lanka wows support for belt and road initiative on China FM visit

Sri Lanka has wowed support for China's 'belt and road' initiative with visiting Premier Wang Yi, and furthered talks on...

July 10, 2016 2 min read

Sri Lanka to recruit jobless graduates to police new price controls

Sri Lanka is planning to hire dozens unemployed graduates to police price controls that are expected to be imposed next ...

July 9, 2016 3 min read

Sri Lanka forex reserves drop to US$5.3bn in June 2016

Sri Lanka's forex reserves dropped to 5.3 billion US dollars in June 2016 down 348 million dollars from 5.62 billion US ...

July 9, 2016 1 min read

UK's LUSH to up EU output on weak post-Brexit pound, exposing Mercantilist fallacy

Uncertainty caused by Britain's vote to leave the EU is making LUSH, an English-based retailer of handmade cosmetics, lo...

July 9, 2016 4 min read

Sri Lanka not trying to stifle tourism start ups: minister

Sri Lanka is not trying to stifle the smaller start up hotels and apartments at the behest of large operators who cannot...

July 9, 2016 4 min read

ADB says supports Sri Lanka capital market development

ECONOMYNEXT – The Asian Development Bank (ADB) will focus on capital market development in Sri Lanka to complemen...

July 9, 2016 1 min read

Sri Lanka Colombo-Trinco economic corridor study by ADB

ECONOMYNEXT – The Asian Development Bank (ADB) is studying the possibility of creating an ‘economic corrido...

July 8, 2016 2 min read

Sri Lankan shares post 2-wk closing high on foreign buying

COLOMBO, July 8 (Reuters) - Sri Lankan shares rose for a third straight session on Friday and posted their highest close...

July 8, 2016 1 min read

Sri Lanka bond yields steady at auction

Sri Lanka sold 39.2 billion rupees of bonds after offering 35 billion rupees of securities at auction, while the central...

July 8, 2016 1 min read

ADB mulls US$2bn more loans for Sri Lanka in 2017-19

ECONOMYNEXT – The Asian Development Bank (ADB) is preparing a new country strategy for Sri Lanka and envisages in...

July 8, 2016 1 min read

Sri Lanka tea prices seen rising on lower crops

ECONOMYNEXT – Sri Lankan tea prices are expected to continue their recovery in the months ahead as quality improv...

July 8, 2016 1 min read