Sri Lanka
Central Banks revises Sri Lanka’s growth to 3% from 4%
Colombo, July 12 (Daily FT) - The Central Bank yesterday said it has revised growth down to 3% from 4% earlier in the year, but kept policy rates unchanged on moderate inflation, international rate cuts, and expectations of lending rates declining in the coming weeks, to boost economic expansion. Central Bank Governor Dr. Indrajit Coomaraswamy on Thursday remained optimistic about...
Advantages in making land tradable in Sri Lanka
Assured land holdings, however small, have neither prevented poverty nor given an incentive for increasing agricultural production.
Blasts bring Lankan Buddhist monks to political center stage
Sri Lankan politicians are exploiting communal sentiments to serve partisan interests using Buddhist monks
Lankan parliament rejects motion of no confidence against government
Colombo, July 11 (newsin.asia): Sri Lanka's parliament on Thursday defeated a No Confidence Motion (NCM) against the government with 119 MPs voting against and 92 voting in favor, in the 225 member House. The motion was taken up for vote after a two-day debate, which started Wednesday. The motion was submitted in Parliament by the marxist Janatha Vimukthi Peramuna (JVP),...
WHO: Sri Lanka eliminates measles
July 10 (FT) - The World Health Organization yesterday announced Sri Lanka has eliminated measles, interrupting transmission of the indigenous virus that causes the killer childhood disease. “Sri Lanka’s achievement comes at a time when globally measles cases are increasing. The country’s success demonstrates its commitment, and the determination of its health workforce and parents to protect children against measles,”...
China-donated frigate arrives in Colombo
The "P625" frigate will be mainly used for offshore patrol, environment monitoring, and anti-piracy combats.
Foreign Exchange Rates in Sri Lanka
Colombo, July 9 (newsin.asia) -- The following are the foreign exchange rates against the Sri Lankan rupee released by the Central Bank of Sri Lanka on Tuesday. Buying Selling Australian Dollar 121.36 126.41 Canadian Dollar 132.48 137.27 Chinese Yuan (Renminbi) 25.03 26.20 Euro 195.32 202.05 Japanese Yen 1.6058 1.6641 Singapore Dollar 127.89 132.14 Sterling...
Scholar identifies factors behind extremism in Kattankudy
Dr.Ameer Ali says that the exclusivism, isolation, ghettoization and radicalization which are now associated with Kattankudy, cannot be fathomed without going into its history and its social, spatial, political, and economic context.
Sovereignty and criminal jurisdiction are thorny issues in SOFA
Japanese police have long complained about the lack of cooperation when it comes to questioning US military-linked people suspected in involvement in serious crimes, according to Japan Times.
Sri Lanka to reduce handling charges for foreign flights to boost tourism
Colombo, July 8 (newsin.asia) - The Sri Lanka Tourism Development Authority together with the Prime Minister’s office, the Ministry of Tourism and the Civil Aviation Authority of Sri Lanka tabled a cabinet paper on Monday and received the approval for the reduction of ground handling charges, aviation fuel, and the embarkation levy for all international flights for 6 months. The...
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