Economy

An increase in the prices of several items can be expected owing to the global market trends, says Lasantha Alagiyawanna, the State Minister of Co-operative Services, Marketing Development and Consumer Protection.

UN Advisor on SDG, Prof. Jeffrey Sachs, explains how Big Powers manipulate Third World economies

With a growing middle class and its rising discretionary spending, India will become the world’s third largest importer by 2050 with a share of 5.9% of global imports, right behind China and the US, a new report said, mimicking its projected ranking among world economies.

New Governor of Central Bank of Sri Lanka (CBSL) Ajith Nivard Cabraal says that a new economic roadmap has been prepared for the upcoming six months.

Local banks on their own have started implementing a set of measures on limiting foreign currency transactions via debit and credit cards due to the volatility prevailing in the country’s forex market arising from the shortage of US dollars.

Publication of “Doing Business Report” suspended

Shah Mahmood Qureshi asks Taliban to create a polity “where no one feels imperiled due to ethnicity or gender.”

Sri Lanka’s trade deficit widened for the fifth consecutive month in July 2021 although earnings from export of goods increased during the month over a year earlier.

The deficit in the trading account has recorded an expansion on a year-on-year basis in July 2021, the Central Bank of Sri Lanka (CBSL) reported.

Sri Lanka has experienced long queues to buy essential items amid tight lockdown measures to control the spread of Covid-19.