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Depreciation of the Srilankan Rupee

Depreciation of the rupee!The rupee depreciated by Rs. 29 from 2005 to 2014 and the average year-on-year depreciation of the Sri Lankan rupee was 2.8% per year. Official foreign reserves increased from $ 2.7 billion to $ 8.2 billion over the same period. In stark contrast, the average year-on-year depreciation of the rupee from 1 January 2015 to 21 September 2018 was 9.2% per … [Read more...] about Depreciation of the Srilankan Rupee

Sri Lanka’s prime minister sacked and parliament suspended

COLOMBO, Sri Lanka — President Mathripala Sirisena of Sri Lanka on Saturday suspended parliament for two weeks as he sought to shore up support for unseating the country’s prime minister, escalating a political crisis.Sirisena suspended parliament after ousting Prime Minister Ranil Wickremesinghe on Friday, a move many lawmakers and government ministers denounced as … [Read more...] about Sri Lanka’s prime minister sacked and parliament suspended

Insight EP 84 with Pubudu Jayagoda

We are a leading source in global news and information Ada Derana 24x7 News Channel runs 24-hour news service dedicated to delivering breaking news as well as political and business news. ➧𝗦𝘂𝗯𝘀𝗰𝗿𝗶𝗯𝗲 𝘁𝗼 𝗔𝗱𝗮 𝗗𝗲𝗿𝗮𝗻𝗮 𝟮𝟰𝘅𝟳: https://goo.gl/BOi18p ➧𝗪𝗮𝘁𝗰𝗵 𝘁𝗵𝗲 𝗹𝗮𝘁𝗲𝘀𝘁 𝗳𝗿𝗼𝗺 𝗔𝗱𝗮 𝗗𝗲𝗿𝗮𝗻𝗮 𝟮𝟰𝘅𝟳: https://goo.gl/x4TjLo➧Connect with Ada Derana 24x7 Online! WEB: … [Read more...] about Insight EP 84 with Pubudu Jayagoda

Sri Lankan stocks weakened by rising interest rates, political uncertainty

ECONOMYNEXT – Expectations of higher interest rates and uncertainty in the run-up to crucial polls have brought down Sri Lanka’s stock market in recent weeks to an almost 15-month low, despite improved earnings and macro-economic stability, brokers and analysts said. Foreign funds have been selling stocks with a heavy weighting on the benchmark index with higher interest rates … [Read more...] about Sri Lankan stocks weakened by rising interest rates, political uncertainty

JAFFNA FISHERMEN – Sri Lanka | Ada Derana Documentary [HD] 2017

We are a leading source in global news and information Ada Derana 24x7 News Channel runs 24-hour news service dedicated to delivering breaking news as well as political and business news. ➧????????? ?? ??? ?????? ????: https://goo.gl/BOi18p ➧????? ??? ?????? ???? ??? ?????? ????: https://goo.gl/x4TjLo➧Connect with Ada Derana 24x7 Online! WEB: … [Read more...] about JAFFNA FISHERMEN – Sri Lanka | Ada Derana Documentary [HD] 2017

How Modi and Abe are counterbalancing Chinese INFLUENCE in Sri lanka??

In this video, we will discuss how India, Japan and Sri Lanka will work in trilateral arrangement.References - http://www.rigzone.com/news/oil_gas/a/151655/Indias_Petronet_To_Form_JV_With_Japan_Sri_Lanka_Firms_For_LNG_Planthttp://www.dailymirror.lk/article/Japan-talking-to-SL-and-India-on-developing-Trinco-Port-136033.html--------------------------------- Transcript … [Read more...] about How Modi and Abe are counterbalancing Chinese INFLUENCE in Sri lanka??

‘Digital Dynamism’ – IPS & Google Roundtable Discussion Dec 2014

The Institute of Policy Studies of Sri Lanka (IPS) teamed up with Google Asia-Pacific's Public Policy and Government Relations team to conduct a Round Table discussion on 'Digital Dynamism: Entrepreneurship and Innovation in the New Sri Lankan Economy' in December 2014. The meeting was aimed at shaping a new narrative around innovation and entrepreneurship in Sri Lanka and … [Read more...] about ‘Digital Dynamism’ – IPS & Google Roundtable Discussion Dec 2014