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Sri Lanka’s rupee closed at 299.10/30 to the US dollar in the spot market Friday, weaker against Thursday’s close of ...
Ceylon Grain Elevators said, Sri Lanka's largest feed-milling poultry group said it co-ordinated a bulk maize vessel to ...
The US-China tariff war de-escalation boosted the Colombo Stock Exchange to close 0.40 percent higher on Friday, brokers said ...
Sri Lanka has growth potential in organic agriculture, and awareness is needed to harness that effectively, the country's ...
Sri Lanka needs to be vigilant and follow the US CBP guidance to avoid higher tariffs due to rules of origin, the Institute ...
ECONOMYNEXT – Inflation in the United States was 2.3 percent in the 12-months to April 2025, with the index for All Urban Consumers (CPI-U) rising 2 percent during the month, the Bureau of Labour ...
ECONOMYNEXT – Departures for foreign employment during the first four months of 2025 was estimated at 89,132, which is down from 9.1 percent from last year, central bank data showed. In 2024, official ...
ECONOMYNEXT – Sri Lanka’s loans to private businesses surged to 173 billion rupees in March, up from 105.5 billion rupees in February, while government credit also expanded, official data show. In Sri ...
ECONOMYNEXT – New active credit cards in Sri Lanka increased by 11,881 in March this year, the central bank data showed, amid the country’s economic recovery and falling interest rates. The number of ...
ECONOMYNEXT – The United States and China have agreed to suspend the 125 percent ‘reciprocal’ tariffs imposed on each other for 90 days, but two taxes remain, according to a joint statement released ...
ECONOMYNEXT – Profits at Sri Lanka’s DFCC Bank group fell 21 percent to 2,992 million rupees in the March 2025 quarter, amid higher operating costs and lower gross income, interim accounts showed.
ECONOMYNEXT – US President Donald Trump said he will halt American pharmaceutical companies from selling drugs at high prices at home and low prices in foreign countries, ending the practice of making ...