The World Economic Forum (WEF), a Geneva-based organization, has recently released its annual report entitled Global Gender Gap Index 2018. According to this report, Pakistan is the second worst performing country on the gender parity front acquiring an embarrassingly low 148th position out of 149 countries. That means Pakistan is the second last country in the world where, … [Read more...] about Gender parity and economic growth
Archives for December 2018
Subscribe now : https://goo.gl/XQSvGv Watch more : https://www.youtube.com/c/HiruNewsOfficial Hiru News Sri Lanka's Number One News Portal. Website: www.hirunews.lk Follow Us On Like us on Facebook: https://www.fb.com/hirunews Follow us via Tweeter: https://twitter.com/hirunews Follow us via G+: https://google.com/+HirunewsL Subscribe Now: … [Read more...] about Hiru News 9.55 PM | 2018-12-31
A man applies colour to a haircut with the number ‘2019’, depicted to welcome the New Year at a salon in Ahmedabad, India (REUTERS)Source link … [Read more...] about Fascinating way to welcome 2019!
The five-member Committee of Experts Chairman former Vice Chancellor of the University of Colombo Prof. Deshamanya W. Lakshman presents the report on the Sri Lanka-Singapore FTA to President Maithripala Sirisena. Two members Prof. Sirimevan Colombage, and Prof. Ajitha Tennakoon are also presentPresident Maithripala Sirisena along with Singapore Premier Lee Hsien Loong … [Read more...] about CoE unimpressed by Singapore FTA
* Europeans ready to invest in Sri Lanka Sun, Dec 30, 2018, 10:25 pm SL Time, ColomboPage News Desk, Sri Lanka. Dec 30, Colombo: The peaceful resolution of the nine-week long political crisis directly affects the foreign direct investments to Sri Lanka, Chairman, of British Sri Lanka Chamber of Commerce, Jayampathi Perera says. Addressing a media briefing in … [Read more...] about Europeans ready to invest in Sri Lanka
The Monetary Board of the Central Bank of Sri Lanka, which met on December 27 decided to maintain policy interest rates at their current levels. The Standing Deposit Facility Rate (SDFR) and Standing Lending Facility Rate (SLFR) of the Central Bank will remain at 8.00 per cent and 9.00 per cent. The Board considered current and expected developments in the domestic economy and … [Read more...] about Central Bank holds policy rates
This article sheds some light on monetary policies communicated by the Monetary Board (MB) since January 2016. Monetary Policy neutrality The policy neutrality claimed by the MB last month is the simultaneous policy action on two policy instruments in opposite directions. One was to reduce statutory reserve requirement (SRR) by 1.5% to 6% (policy relaxation) and the other was … [Read more...] about Opinion : Recent monetary policies: Is the Monetary Board capable?
ECONOMYNEXT – President Maithripala Sirsiena has allocated all state media institutions to the ministry of Finance and Media ending speculation that he may keep some of them under his direct control as the country heads for an election year.In an Extraordinary Gazette notification dated December 24, but published Saturday, the President listed the two state television stations … [Read more...] about Sri Lanka President concedes state media institutions to UNP
ECONOMYNEXT - Sri Lanka bus fares which were raised by state regulation three times this year have come down by 6 percent after a fuel prices were cut by 17.9 percent, while the minimum fare is up 33 percent over the year, official data shows.Since May when fuel prices were raised by formula, bus fares were raised twice amid allegations that a part of the price increase was … [Read more...] about Sri Lanka fuel prices fall 17.9-pct, regulated bus fares down 4.2-pct
Says low growth emphasises need for structural reforms Reduction of SRR in Nov. released Rs. 90 b but liquidity deficit has widened Interest rates close to upper limit of policy rate corridor Expect inflation to be below 5% in 2019 Rupee depreciates by 15.9% up to 27 December, reserves drop to $ 7 b at end Nov. Despite low growth and moderate inflation, the Central … [Read more...] about CB keeps policy rates unchanged