Sri Lanka’s rupee expected to strengthen with foreign investments

Foreign Exchange Rates in Sri Lanka

Colombo, May 11 (newsin.asia) - The following are the foreign exchange rates against the Sri Lankan rupee released by the Central Bank of Sri Lanka on Friday. Buying Selling Australian Dollar 116.37 121.05 Canadian Dollar 121.52 125.83 Chinese Yuan (Renminbi) 24.27 25.37 Euro 184.77 190.88 Japanese Yen 1.4173 1.4670 Singapore Dollar 116.08 119.82...

Indian investor who exposed corrupt top Lankan officials gets death threat

Indian investor who exposed corrupt top Lankan officials gets death threat

The Indian investor K.P.Nagaraj, who complained that President Maithripala Sirisena’s Chief of Staff, I. H.K. Mahanama and Chairman of State Timber Corporation P. Dissanayake, had allegedly taken a bribe from him, has informed the Cinnamon Gardens Police that he has been receiving death threats. On Tuesday morning, an unidentified person visited the Indian businessman’s office, in Colombo 07, and gave...

Sri Lanka says business ties with Singapore strengthened from FTA

Sri Lanka says business ties with Singapore strengthened from FTA

Colombo, May 9 (newsin.asia) - The Ceylon Chamber of Commerce, Sri Lanka's largest business organization, on Wednesday said it had strengthened ties with Singapore businesses following the signing of the Free Trade Agreement (FTA) between the two countries. The Sri Lanka-Singapore Business Council of the Ceylon Chamber of Commerce, said in a statement, it has inked a memorandum of understanding...

India ranks 4th out of 25 nations in Asia-Pacific on power index

India ranks 4th out of 25 nations in Asia-Pacific on power index

India has ranked fourth out of 25 nations in the Asia-Pacific region on an index that measures their overall power, with the country being pegged as a "giant of the future" but trails behind in indicators of defence networks and economic relationships.The Lowy Institute Asia Power Index measures power across 25 countries and territories in the Asia-Pacific region, reaching as...

Sri Lanka’s rupee expected to strengthen with foreign investments

Foreign Exchange Rates in Sri Lanka

Colombo, May 9 (newsin.asia) - The following are the foreign exchange rates against the Sri Lankan rupee released by the Central Bank of Sri Lanka on Wednesday. Buying Selling Australian Dollar 114.80 119.29 Canadian Dollar 119.56 123.64 Chinese Yuan (Renminbi) 24.18 25.25 Euro 183.66 189.52 Japanese Yen 1.4147 1.4626 Singapore Dollar 115.58 ...

Sri Lanka stocks fall 0.45-pct, rupee weakens following polls

Foreign Exchange Rates in Sri Lanka

Colombo, May 8 (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 115.87 120.38 Canadian Dollar 120.14 124.23 Chinese Yuan (Renminbi) 24.21 25.28 Euro 184.75 190.63 Japanese Yen 1.4219 1.4700 Singapore Dollar 116.14 ...

Over 600,000 tourists arrive in Sri Lanka from Jan to March

Sri Lanka’s tourist arrivals rise 12.6 percent in April

Colombo, May 8 (newsin.asia) - Sri Lanka's tourist arrivals recorded a 12.6 percent growth in April, when compared to the same period last year with over 180,000 tourists visiting the island country, statistics from the Tourism Ministry showed here Tuesday. In April, the largest source market for tourists was India, followed by United Kingdom and China. India recorded 29,860 arrivals, United Kingdom...

Japan agrees to finance LRT for Colombo

Sri Lanka’s Central Bank calls for cheaper, faster public transport

Colombo, May 8 (newsin.asia) - Sri Lanka's Central Bank, on Tuesday said the government must explore cheaper and faster options to tackle traffic jams in the island country such as establishing a Bus Rapid Transit (BRT) system and a light rail transit (LRT) to curb numerous negative externalities. "Expeditious implementation of effective and affordable traffic management solutions is vital to...

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