ECONOMYNEXT – Sri Lanka stocks closed 0.74 percent higher Tuesday on gains in Distilleries and Ceylon Cold Stores and foreign buying in John Keells Holdings, while the rupee weakened against the US dollar, brokers and dealers said. The rupee weakened t…
The $1.3 trillion omnibus bill approved by the US Congress and signed off by President Donald Trump last month includes conditions on the funding available to Sri Lanka for the rest of the financial year 2018, including on establishing a justice mechan…
COLOMBO: A 21-member Pakistani delegation from the National Defense University (NDU) is on a study tour in Sri Lanka, a statement from the Pakistani High Commission in Sri Lanka said on Monday. The statement said the delegation comprises senior officer…
TORONTO — The complex investigation into alleged serial killer Bruce McArthur took another twist on Monday as Toronto police laid an eighth murder charge related to the death of a man who bucked the primary trend in the case. Unlike McArthur’s other seven alleged victims, Toronto police said …
Sri Lanka’s former Sports Minister Mahindananda Aluthgamage was on Monday arrested for allegedly misappropriating over LKR 39 million four years ago to buy sports goods, the police said. Mr. Aluthgamage, a loyalist of former President Mahinda Rajapaksha, was arrested by the Financial Crimes …
Sri Lanka Cricket’s coaching department is set for a major overhaul with former Test cricketer Asanka Gurusinha set to take up as High Performance Manager. Gurusinha, 51, was appointed as Cricket Manager in March 2017 and was later handed more powers after being named a selector.
April 16 (Reuters) – Central Bank of Sri Lanka: * SRI LANKA CENTRAL BANK SAYS MANUFACTURING SECTOR PMI OF 65.6 INDEX POINTS IN MARCH FROM 55.6 INDEX POINTS IN FEBRUARY 2018. * SRI LANKA CENTRAL BANK SAYS SERVICES SECTOR PMI RECORDED 58.0 INDEX POINTS&n…
Sri Lanka serves as the perfect segue between Southeast and South Asia: a laid-back island where Buddhism is the dominant religion and dhal curry is the dominant dish. A 3.5-hour flight from Singapore’s Changi will deposit you at Colombo’s Bandaranaike International Airport; from there, it’s on to the …
Sri Lanka’s Central Bank (CB) on Monday alerted the public to the dangers of dabbling in cryptocurrencies which it said “may pose significant risks in terms of financial, operational, legal, customer protection and security related risks to their users as well as to the economy”. In a public announcement, …
ECONOMYNEXT – Sri Lanka’s central bank has warned the public on the use of ‘virtual’ or ‘cryptocurrencies’, private currencies which are competing with the state, some of which have so far been stronger than depreciating and hyperinflating fiat money issued by centralized authorities. The central bank …