COLOMBO, June 11 (Reuters) – The Sri Lankan rupee slipped to a fresh all-time low of 159.10 per dollar on Monday, pulled down by a lack of support …
Jun 112018
May 252018
COLOMBO, May 25 (Reuters) – Sri Lanka has accepted an eight-year China Development Bank $1 billion syndicated loan to repay loans maturing this …
Apr 192018
(Adds arrest, quote, changes dateline). By Dinuka Liyanawatte. HORANA, Sri Lanka, April 19 (Reuters) – At least five people were killed in Sri Lanka on Thursday when a worker at a rubber factory fell into a tank of ammonia and a colleague and local res…
Apr 182018
(Adds details). COLOMBO, April 18 (Reuters) – The Sri Lankan rupee hit a record low of 156.50 per dollar on Wednesday as importers’ demand for dollars weighed on the local currency, dealers said. The move was aggravated by a lack of dollar sales by exporters due to extended holidays, dealers …
Mar 152018
COLOMBO, March 15 (Reuters) – Sri Lankan officials said on Thursday they had lifted a ban on Facebook after discussions with the social network, a week after blocking access on the grounds it was being used to fuel communal violence. At least two peopl…
Feb 142018
COLOMBO, Feb 15 (Reuters) – Sri Lanka’s central bank held interest rates steady on Thursday, saying the economy is growing below potential, a widely expected decision that comes amid fresh political uncertainty after the ruling coalition government suffered a shock defeat in local elections.
Feb 012018
Jan 31 (OPTA) – Scoreboard at stumps on the second day of 1st test between Bangladesh and Sri Lanka on Thursday at Chittagong, Bangladesh Sri Lanka trail Bangladesh by 326 runs with 9 wickets remaining Bangladesh 1st innings Tamim Iqbal b Dilruwan Pere…
Jan 032018
COLOMBO, Jan 3 (Reuters) – Sri Lanka’s economic growth in 2018 is forecast at between 5-5.5 percent, bouncing back from an anticipated four-year low of less than 4 percent last year, central bank Governor Indrajit Coomaraswamy said on Wednesday. The turnaround was expected in the wake of a …
Dec 272017
COLOMBO, Dec 28 (Reuters) – Sri Lanka’s central bank kept its benchmark interest rates unchanged on Thursday, saying inflation and private sector credit growth have cooled to a manageable level as policy makers focus on supporting a slowing economy. The previous rate increases have dragged on …
Dec 192017
MOSCOW, Dec 19 (Reuters) – Russia’s agriculture safety watchdog Rosselkhoznadzor plans to discuss restricted tea imports with Sri Lanka at the end of December, it said in a statement on Tuesday. Russia placed temporary restrictions on imports of tea and all other agricultural products from Sri Lanka …