* Sri Lanka maintains policy rates to stabilize inflation at mid-single digit levels Mon, Apr 8, 2019, 07:01 pm SL Time, ColomboPage News Desk, Sri Lanka. Apr 08, Colombo: Sri Lanka's Central Bank releasing the monetary policy review on Monday said given the current and expected conditions in the domestic economy and the financial market, the Monetary Board was of the view … [Read more...] about Sri Lanka maintains policy rates to stabilize inflation at mid-single digit levels
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Sri Lanka’s Hirdaramani Group partners with the Ellen MacArthur Foundation’s Make Fashion Circular initiative
* Sri Lanka's Hirdaramani Group partners with the Ellen MacArthur Foundation's Make Fashion Circular initiative Sun, Apr 7, 2019, 08:46 am SL Time, ColomboPage News Desk, Sri Lanka. Apr 07, Colombo: Sri Lanka's Hirdaramani Group recently strengthened its sustainability pledge by joining the Ellen MacArthur Foundation's Make Fashion Circular initiative. With this, … [Read more...] about Sri Lanka’s Hirdaramani Group partners with the Ellen MacArthur Foundation’s Make Fashion Circular initiative
Daily Mirror – Succeeding in 4IR era: Opportunities and challenges for Sri Lanka
The Institute of Policy Studies’ (IPS) New Thinkers Symposium saw researchers from several think tanks presenting their work on broad topics under the theme of technology and economic transformation. They highlighted the need for dynamic and innovative thinking to succeed in the era of the Fourth Industrial Revolution (4IR) in the areas of agriculture, megatrends, social … [Read more...] about Daily Mirror – Succeeding in 4IR era: Opportunities and challenges for Sri Lanka
Daily Mirror – AIA receives shareholder nod to delist shares from CSE
AIA Insurance Lanka PLC yesterday said it will delist the company’s shares from the official list of the Colombo Stock Exchange (CSE) in compliance with the applicable regulations and procedures, while at the same time reaffirming its commitment to the Sri Lankan market. The proposal to delist was approved by the requisite shareholder majority at the Extraordinary General … [Read more...] about Daily Mirror – AIA receives shareholder nod to delist shares from CSE
Sri Lanka : Measures to raise the economy to right place
* Measures to raise the economy to right place - Harsha Thu, Mar 21, 2019, 11:37 pm SL Time, ColomboPage News Desk, Sri Lanka. Mar 21, Colombo: Non-cabinet Minister of Economic Reform and Public Distribution, Dr. Harsha de Silva says measures are being taken to bring the economy to the right place to reduce poverty. The Minister says a new data analysis unit … [Read more...] about Sri Lanka : Measures to raise the economy to right place
Daily Mirror – Weak economic growth, slowing vehicle sales pinch non-bank lenders most: Fitch
Sector non-performing loan ratio has spiked to 7.7% by end-2018, from 5.9% end-2017 Loan growth has slowed to 9% by end-2018, from a high of 31% in 2015 The sluggish economy and deceleration of vehicle sales are hurting Sri Lanka’s non-bank lenders, as the sector is facing risks raging from weaker asset quality, muted growth, underwhelming profitability and need for … [Read more...] about Daily Mirror – Weak economic growth, slowing vehicle sales pinch non-bank lenders most: Fitch
‘Sri Lanka has taken concrete action to take transitional justice measures forward’
* 'Sri Lanka has taken concrete action to take transitional justice measures forward' Wed, Mar 20, 2019, 09:34 pm SL Time, ColomboPage News Desk, Sri Lanka. Mar 20, Geneva: Sri Lanka, committed to pursue the process of Truth, Justice, Reparations and Guarantees of Non-Recurrence in 2015, has been taking concrete action since, to move forward on these pillars, the Sri Lankan … [Read more...] about ‘Sri Lanka has taken concrete action to take transitional justice measures forward’
Sri Lanka : Comprehensive program implemented to develop the temple and the village
* Comprehensive program implemented to develop the temple and the village - PM Mon, Mar 18, 2019, 10:27 pm SL Time, ColomboPage News Desk, Sri Lanka. Mar 18, Colombo: Sri Lanka's Prime Minister Ranil Wickremesinghe says this government is the one that implemented a comprehensive program to develop the Temples and villages as no other government has done in the past by … [Read more...] about Sri Lanka : Comprehensive program implemented to develop the temple and the village
Australia to launch 7-nation Indian Ocean military exercises from Sri Lanka
* Australia to launch 7-nation Indian Ocean military exercises from Sri Lanka Fri, Mar 15, 2019, 08:10 pm SL Time, ColomboPage News Desk, Sri Lanka. Mar 15, Colombo: Australia will launch a seven-nation Indian Ocean military exercise next week, starting in Sri Lanka where China has invested in strategic ports and loaned huge amounts to build other infrastructure, AFP … [Read more...] about Australia to launch 7-nation Indian Ocean military exercises from Sri Lanka
Sri Lanka : New trade zone and steel factory in Trincomalee within the next two months
* New trade zone and steel factory in Trincomalee within the next two months - Prime Minister Thu, Mar 14, 2019, 09:35 pm SL Time, ColomboPage News Desk, Sri Lanka. Mar 14, Colombo: Sri Lanka's Prime Minister Ranil Wickremesinghe says that the country's economy is being built for the younger generation to have a hope of the future. Speaking in Parliament on the … [Read more...] about Sri Lanka : New trade zone and steel factory in Trincomalee within the next two months
