news
- 2021/06/01
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2020/10/02
- Super September for Stocks
- Eminent economists urge decisive action to prevent emerging debt crisis
- India discussing options to use rupee for South Asia trade
- Watawala Plantations becomes South Asia’s first RSPO certified palm oil plantation
- Sri Lanka on track to complete 9mn passenger airport terminal in 2023
- Trump Tests Positive for Covid-19 After Close Aide Becomes Ill
- Stocks Fall, Dollar Climbs as Trump Tests Positive: Markets Wrap
- 2020/02/18
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2020/02/17
- Sampath Bank declares full cash dividend of Rs. 11.75 per share
- President makes observation visit to Colombo Port City
- Strong performance by Atlas underpins Hemas profit growth
- [Hedge%20Funds%20Bet%20Aussie%20Will%20Overcome%20Impact%20of%20Coronavirus]Hedge Funds Bet Aussie Will Overcome Impact of Coronavirus
- Stocks Mixed Amid Policy Support, Weak Japan Data: Markets Wrap
- 2020/02/14
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2020/02/12
- Dhammika joins forces with Ritz Carlton and JW Marriott
- Negative ratings reversal possible in next budget cycle: CB Chief
- Galadari in talks with Radisson Blu to rebrand Colombo hotel
- Deaths Hit 1,115; Data Signal Spread May Be Easing: Virus Update
- Asia Stocks Mixed; Kiwi Surges on Rates Signal: Markets Wrap
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2020/02/11
- Growth, stability balance to define 2020
- President cracks whip on intervention by personal staff of PM, Ministers,.
- Aitken Spence revenue grows 3.3% to Rs. 43.8 b in 9 months
- Deaths Top 1,000; Singapore Sees Tourism Plunging: Virus Update
- Asian Stocks Rise as Virus Fears Linger; Oil Gains: Markets Wrap
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2020/02/10
- Raw deal for tourists exposed
- [Construction%20industry%20in%20crisis%20as%20coronavirus%20fears%20put%20projects%20on%20hold]Construction industry in crisis as coronavirus fears put projects on hold
- Lankan firms on show at Ambiente 2020 to boost exports
- Coronavirus May Infect Up to 500,000 in Wuhan Before It Peaks
- Asian Stocks Slip, Yuan Fluctuates on Virus News: Markets Wrap
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2020/02/07
- Hit by coronavirus, tourism industry pleads for one-year extension on relief
- Govt. firms up plans for best country effort at Expo 2020 Dubai in Oct.
- Cabinet approves raising Rs. 367 b for overdue payments
- Japan Finds 41 More Cruise Cases; Deaths Top 636: Virus Update
- Asia Stocks Drop After Biggest Jump Since June: Markets Wrap
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2020/02/05
- President commits to deliver true democracy and development
- Global giant HCL Technologies to enter Sri Lanka in strategic investment
- Sri Lanka can boost development by tapping agriculture, new technology
- Deaths Near 500; Asia Sees Multiple Infections: Virus Update
- Asian Stocks Advance; Singapore Dollar Declines: Markets Wrap
- 2020/02/03
- 2020/01/31
- 2020/01/30
- 2020/01/29
- 2020/01/28
- 2020/01/27
- 2020/01/24
- 2020/01/23
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2020/01/22
- Speaker approves release of forensic audit reports
- New SEC Chairman appointed, but appointment bad in law, claim analysts
- More French, Belgian tourists to visit SL after mega PR blitz
- New Virus Spreads to U.S., Sparking Rush to Contain Outbreak
- Asia Stocks Mixed After Virus-Triggered Sell-Off: Markets Wrap
- 2020/01/21
- 2020/01/20
- 2020/01/17
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2020/01/16
- Cabinet approves debt relief package to boost economy via SMEs
- S&P revises Sri Lanka’s outlook to negative; ratings affirmed at ’B/B’
- Crystal Property Group gets Rs. 180 m investment from global firm
- The Billion Centerpiece of the Trade Deal Is Already In Doubt
- Stocks Mixed in Asia After U.S.-China Trade-Deal: Markets Wrap
- 2020/01/13
- 2020/01/09
- 2020/01/08
- 2020/01/07
- 2020/01/06
- 2020/01/03
- 2020/01/02
- 2019/12/19
- 2019/12/17
- 2019/12/16
- 2019/12/13
- 2019/12/10
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2019/12/09
- Drafting of new law to regulate money lenders underway: CB
- LB Finance secures first place in K Seeds Investments 2Q Listed Finance
- SL ranked as top destination for winter travel by USA Today
- Biggest Hong Kong Protest in Months Signals More Unrest in 2020
- Asia Stocks Trade Cautiously; Treasuries Steady: Markets Wrap
- 2019/12/06
- 2019/12/03
- 2019/12/02
- 2019/11/29
- 2019/11/28
- 2019/11/26
- 2019/11/25
- 2019/11/22
- 2019/11/21
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2019/11/19
- President outlines policy priorities
- First-time female highest-paid CEO in Australia is with Lankan roots
- Stocks jump to more than 1-year high, rupee up after Rajapaksa poll win
- Hong Kong Violence Is Trickling Into Portfolios Outside Asia
- Taiwan Sees Chance to Reclaim High-End Industries Lost to China
- 2019/11/18
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2019/11/15
- BOI aims for $ 1.5 b FDI for 2019
- Sri Lanka’s highest value FDI via strategic investment in petroleum refinery
- SL prosperity index rises on better performance in all provinces: CB
- Justice Minister Hurt; Elderly Worker Dies: Hong Kong Update
- Stocks, Yields Gain on Renewed Trade-Deal Hopes: Markets Wrap
- 2019/11/14
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2019/11/13
- UL limps with Rs. 17.21 b loss
- Marketing guru Kotler cites Dilmah Tea for authenticity in his latest book
- Moody’s Analytics Knowledge Services rebrands as Acuity Knowledge Partners
- Calls for Third Day of Protest in City Center: Hong Kong Update
- Stocks Retreat as Investors Mull Trade, Hong Kong: Markets Wrap
- 2019/11/08
- 2019/11/07
- 2019/11/06
- 2019/11/05
- 2019/11/04
- 2019/10/31
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2019/10/30
- Cabinet greenlights $ 480 m MCC Compact deal with US
- Luxury tax will not affect small vehicles: Finance Ministry
- Sri Lanka names organic farming zone off Kalu-Moragahakanda project
- Modi Pushes India Even Further to the Right as Economy Sputters
- $__NEWS_MENU_TITLE__$ -billion-sale-of-local-chinese-brands-834.html"> Nestle to Weigh
- $__NEWS_MENU_TITLE__$ Billion Sale of Local Chinese Brands
- CB calls for holistic approach to drive SMEs
- Special retirement package for President due to special circumstances, says Cabinet
- 2019 tourist arrivals estimate cut to 1.9 m from 2.1 m
- China Corners Bond Bulls as Billion in Funds Reach Maturity
- Stocks Gain in Asia After U.S. Record; Bonds Drop: Markets Wrap
- Sanken to build 112-room hotel in Colombo with $ 9.3 m investment
- Emirates Chief says strategic investor may not be best option for UL
- SL lags in latest Ease of Doing Biz index
- Pence Faults China Over Hong Kong But Urges Trade Engagement
- Stocks Trade Mixed as Amazon Profit Saps Optimism: Markets Wrap
- Igniting the nation’s mojo via business leaders
- IMF downgrades 2019 global growth to 3%; lowest in decade
- IMF downgrades 2019 global growth to 3%; lowest in decade
- UberEats expands Sri Lanka restaurant sales, female job opportunities
- China Threatens to Retaliate If U.S. Enacts Hong Kong Bill
- Asia Stocks Chase Wall St. Gain; U.S. Futures Dip: Markets Wrap
- Market Watch Daily”- 16th October 2019.
- Cinnamon opens 15th property, Cinnamon Velifushi Maldives
- CSE and SEC ring bell for financial literacy
- Taskforce to coordinate recovery of illegally acquired State resources
- Market Correction Could Be About Half Over, JPMorgan Calculates
- U.S. Futures Drop, Yuan Dips as Trade Talks Loom: Markets Wrap
- Uber launches app aimed at connecting workers with businesses
- Softlogic Life only Lankan company in Forbes’ Asia’s Best Under A Billion 2019
- Cabinet nod for $ 20 b Hambantota refinery project by S’pore firm
- Putin Says Russia Is Helping China Build Missile Warning System
- Asia Stocks Trade Mixed; Treasuries Hold Gains: Markets Wrap
- Sri Lanka’s Most Admired Companies announced
- Sri Lanka rupee undervalued, good for producers: CB Governor
- Sri Lanka’s central bank buys bonds in new money printing phase
- Trump's Attack on Whistle-Blower in Private Meeting Was Caught on Video
- Japan Shares Slide; U.S. Treasuries Hold Gains: Markets Wrap
- Trade deficit contraction tops $ 2 billion in 1H
- SEC files action against four investors for market manipulation
- Mahindra Finance and Ideal Finance form NBFI joint venture in Sri Lanka
- Hong Kong Protests Enter Crucial Period Before China’s Big Anniversary
- Stocks Mixed on Low Volumes; Treasuries Slip: Markets Wrap
- LOLC surpasses $ 1 b in equity
- Mahindra opens first automotive assembly plant in Sri Lanka, expands global
- Teplitz tapers down Lankan fears over $ 480 m US Millennium Challenge deal
- Hong Kong Property Market Withstands Unrest Roiling Economy
- Asian Stocks Climb, Treasury Yields Edge Higher: Markets Wrap
- Sri Lanka submits LP Gas price formula to court: Harsha
- Sri Lanka Commercial Bank June profits fall with higher interest costs, bad debt
- Qualified audit opinion on Sri Lanka airport operator over Mattala
- China Preps Tariff Response as Trump Sees a Xi Call ‘Very Soon’
- Treasuries Steady After Recent Surge; Stocks Mixed: Markets Wrap
- SriLankan Airlines to report loss of up to 0 m due to Easter Sunday attacks:
- Ambeon Group posts stellar performance in FY19
- Hotels get six-month deferral to pay Tourism Development Levy
- China Sets Yuan Fixing Stronger Than Expected, Soothing Nerves
- Australia’s Housing Market Is Suddenly Heating Up Again
- VAT and NBT cuts in Budget to be given from Sept.
- Stock market posts near 2-week closing low; rupee extends losses
- Bond yields increase further ahead of weekly bills auction
- Yuan Weakens After Central Bank Sets Fixing Closer to 7 a Dollar
- Stocks Mixed as Trade Concern Lingers; Kiwi Slumps: Markets Wrap
- Amendments to Companies Act approved by P’ment
- Stock market gains to highest in nearly 20 weeks; rupee falls
- Asian brand Next to open hotel with 164 rooms and suites in Colombo in November
- U.S. Warship Sails Through Taiwan Strait Ahead of Trade Talks
- Stocks Trade Mixed in Asia, Australia Bonds Rally: Markets Wrap
- Exports rebound in May
- Tourism earnings drop by 71% in May
- Sri Lanka trade gap narrows in May 2019 after monetary instability
- Sri Lanka trade gap narrows in May 2019 after monetary instability
- China Is Drafting Urgent Plan to Resolve Hong Kong Chaos, SCMP Says
- Australia Sees Jobs Boom in West as Resources Comeback on Cards
- Terror-hit tourism wants quick moves for proper revivalTerror-hit tourism wants quick moves for proper revival
- Colombo considers green living
- Sri Lanka keen on enhancing connectivity with Indian ports
- China’s Growth Slides to Weakest Pace in Almost Three Decades
- Asia Stocks Slip as China Growth Data Weighed: Markets Wrap
- CB seen keeping rates steady after easing to spur growth
- Malik meets JETRO Chief to boost SL-Japan business ties
- Sri Lanka's overnight target rate down 84-bp since floor rate cut
- What Powell’s Rate Cut Signal Means for China’s Central Bank
- Asian Stocks Push Higher; Dollar Slips on Powell: Markets Wrap
- Govt. gives fresh boost for tourism
- Port City completes Rs. 500 m livelihood support program
- BRI, debt and diplomacy: Challenges and opportunities for China-Sri Lanka economic relations
- Sri Lanka recyclers facing waste plastic shortages: Minister
- Sri Lanka's United Motors eyes commercial, earth moving vehicles as car sales fall
- Govt. brews fresh cuppa for estate sector wage hike
- Cabinet approval to strengthen fiscal responsibility
- Sri Lanka making detailed designs for US0mn Colombo suburban electric train
- China Reiterates Demand That U.S. Must Lift All Tariffs
- Stocks See Muted Trading in Asia as Jobs Data Loom: Markets Wrap
- Difficult operating conditions to stifle bank performance in 2019: Fitch
- US technical assistance to improve Ease of Doing Biz rankings
- Sri Lanka’s Expolanka diversifies into tech products shipments, expands warehousing
- Stocks Slip in Asia Ahead of Key Trump-Xi Meeting: Markets Wrap
- Xi Condemns ‘Bullying’ Ahead of Meeting With Trump: G-20 Update
- Stakeholders confident of tourism sector recovery, suggest way forward
- Capital market must focus on insurance sector to spur growth: NITF Chief
- SCB triggers big global demand to finance Sri Lankan Airlines
- China No Match for Japan in Southeast Asia Infrastructure Race
- Stocks Trade Mixed; Oil Climbs on Iran Tensions: Markets Wrap
- Moody’s revises SL’s growth to 2.6%
- Govt. hiding truth over Easter attacks: Malcolm Cardinal Ranjith
- Fitch, S&P issue rating on Sri Lankan Airlines’ proposed $ 175 m guaranteed dollar
- Joshua Wong Calls for Encircling Police HQ: Hong Kong Update
- Stocks Are Mixed at End of Best Week Since January: Markets Wrap
- Port Chief says new deal for critical ECT best fit and win-win
- Sri Lanka’s first satellite ‘Raavana 1’ launched into orbit
- Aitken Spence Hotels to expand through management contracts in Sri Lanka
- Why China Still Wins Even If Protests Oust Hong Kong's Leader
- Asian Stocks Drift; Treasuries, Dollar Steady: Markets Wrap
- Value of moratorium sought by tourism biz tops Rs. 60 b
- CJ gives permission for AG to indict 10 bond scam suspects
- Sri Lanka Auditor General bares Rs186bn 'contingent liability' fiddle on RDA loans
- Wal-Mart and Hundreds of Other Companies Call on Trump to Drop China Tariffs
- Stocks Mixed in Asia as Yields Grind Down; Gold Up: Markets Wrap
- Sri Lanka Tourism kicks off revival post-Easter Sunday setback
- Non-financial public enterprises in Sri Lanka bust Rs129bn in 2018 as soft-peg
- Sri Lanka in talks with UN anti terror chief on countering violent extremism,
- Hong Kong Locked in Extradition Stalemate After Protesters Face Tear Gas
- Stocks, U.S. Futures Slide; Yen Rises With Bonds: Markets Wrap
- Fairway waste-to-energy project gets power purchase deal
- Banks asked to exercise due diligence with respect to NGOs, charities
- Sri Lanka's central bank defends discretionary monetary policy
- Trump's Next Trade War Target: Chinese Students at Elite Schools
- Stocks Edge Lower in Asia Trading, Treasuries Slip: Markets Wrap
- Leisure-hit JKH says outlook for other biz “positive”
- SLPA says new deal on ECT to boost Colombo Port
- Spence outperforms industry benchmarks with 13.8% growth in Pre-Tax Profit
- Billionaire Huawei Founder Defiant in Face of Existential Threat
- Asia Stocks Mixed; Yuan Steady After China Warning: Markets Wrap
- Tourism wails over VAT cut volley
- Advocata supports expert committee recommendations on restructuring SriLankan
- CSE Chief tells Singapore investor forum Sri Lanka will bounce back stronger
- Trump Wields a More Powerful Weapon Than Tariffs for Trade War
- Goldman Says Buy Commodities in Worst Weekly Slump This Year
- Clergy point to invisible hand with political motives behind violence
- ComBank deposits surpass landmark Rs. 1 t in Q1 2019
- Sri Lanka to lure tourists from Thailand, short haul markets
- Sri Lanka’s CICT invests in dangerous goods storage facility
- Sri Lanka to lure tourists from Thailand, short haul markets
- Move to let SOEs borrow in foreign currency
- China says ‘fed up’ with hearing US complaints on Belt and Road
- Cardinal urges forces to conduct security checks on all
- Stocks fall for 6th session, rupee snaps 2 days of gains
- Uber Raises .1 Billion in IPO Priced Near Bottom of Range
- Move to let SOEs borrow in foreign currency
- Sri Lanka tourist arrivals fall 7.5 percent in April after bombings
- Sri Lanka to enter global value chains with Indian, Chinese links: CB Governor
- Telenor and Dialog Axiata's parent in talks to merge Asian businesses
- New Zealand Is Poised to Cut Interest Rates as the Economy Cools
- [Asia%20Stocks%20Mixed%20on%20Tariffs;%20Treasuries%20Steady:%20Markets%20Wrap]Asia Stocks Mixed on Tariffs; Treasuries Steady: Markets Wrap
- Sri Lanka to give tax waivers, support measures for tourist industry: report
- Sri Lanka's Mattala airport use halves in 2018
- Private sector opposes SLPA tariff hike move
- China Considers Delaying Next Trade Talks After Trump’s Tariff Threat
- Yuan Plunges, U.S. Stock Futures Drop on Trade War: Markets Wrap
- Tourist arrivals plunge 50%-70% post-Easter Sunday terror attacks
- South Asia’s largest LPG transshipment terminal by LAUGFS starts
- Govt. to obtain 0 m loan for Port City development
- Hotels to meet airlines today to lure tourists with special promotions
- Asian Stocks Trade Mixed; Dollar Retains Advance: Markets Wrap
- Sinopec wins bid to operate tank farm at Hambantota Port
- IFC report estimates investor appetite for impact investing could be as high as 26t
- Manufacturing, services sectors expand in March
- China's Economic Growth Unexpectedly Held Up in First Quarter
- Trump Stirs Alarm That He May Be Giving China a New Trade Weapon
- Perseverance, SL’s strategic location bring biggest FDI project to fruition
- SEC files action against Dr. Sena Yaddehige for insider dealing
- More countries opting for Artificial Intelligence to prevent crime
- Singapore Luxury Home Prices Drop Most in a Decade on Curbs
- Stocks Gain, Yen Dips as China Eases Growth Worry: Markets Wrap
- Sri Lanka firms eye converted residences to cut costs amid slowdown
- Increasing sustainability reporting in Sri Lanka and Bangladesh
- Rupee extends gains; stocks rebound from 6-year low
- Kudlow Says U.S. Ready to Extend China Talks by Weeks or Months
- Asia Stocks Gain; Capping Strong Quarterly Rebound: Markets Wrap
- CEB to go for supplementary power purchases to address power shortage
- Adani Global wins spot tender to supply coal to Norochcholai
- Euro 11 m German grant to set up technical training institute in Matara
- Trump's Warships Test China’s Red Lines as Trade Talks Grind On
- Stocks Slide Again as Bond-Yield Drop Stokes Worry: Markets Wrap
- NCE requests representation in Budget Monitoring Committee
- Govt. to implement National Digital Economy Strategy by mid-2019
- Sri Lanka goes from boom-bust to bust-bust with soft-peg: Bellwether
- Airbus Secures Billion China Deal in New Blow to Boeing
- Japan Stocks Jump, U.S. Futures Advance, Yen Dips: Markets Wrap
- Sri Lanka quarterly growth slows to near 4-year low on political crisis
- Oman denies it has agreed to invest in Sri Lanka oil refinery project
- ADB, China lead project loan disbursements for Sri Lanka in 2018
- Fed holds line on rates, says no more hikes ahead this year
- Trump Says Tariffs Will Stay Until China Complies With Deal
- Sri Lanka's Sanken eyes mega projects with foreign partners after 2019 budget
- Huawei steps up commitment, growth potential in “innovation hub” SL
- Sri Lanka dairy farmers in trouble after buying imported milch cows
- Mukesh Ambani Bails Brother Out of Jail Trouble by Paying Dues
- Asian Stocks Fall Ahead of Fed; Dollar Steadies: Markets Wrap
- Mandatory provisions on separation of Chairman/CEO roles awaiting public consultation: SEC Chairman
- New Tourism Advisory Committee gets down to work
- Cabinet approves 28 1 MW solar power projects
- U.S. Grounds Boeing 737 After Latest Crash Linked to Earlier One
- Asia Stocks Trade Mixed; Pound Pares Surge: Markets Wrap
- Fiscal consolidation plans need policy effectiveness and stronger growth: Moodys
- JICA signs Rs. 48 b concessionary loan to build Malabe-Fort LRT line
- Norges Fund investments in Sri Lanka grow 15.3-pct to US.3m in 2018
- Singapore Halts All Incoming, Outgoing Boeing 737 Max Flights
- Asia Stocks Rise Most Since January, Pound Climbs: Markets Wrap
- Colombo District Land Price Index up 18%
- Swiss Singapore Overseas gets another Sri Lanka crude oil deal
- Swiss Singapore Overseas gets another Sri Lanka crude oil deal
- Sri Lanka national debt soars to 84-pct of GDP amid soft-peg collapse
- China Stocks Slump Most This Year as Sell Rating Shocks Traders
- Stock Slide Extends to Asia Amid Growth Worries: Markets Wrap
- Visolit sees potential in IT service sector to expand presence globally
- Sri Lanka launches 5 and 10 year sovereign bonds
- Sri Lanka gets oil refinery, steel plant investments from Singapore
- Trump Pushes China Trade Deal to Boost Markets as 2020 Heats Up
- Asian Stocks Drop on Growth Woes; Yen Edges Higher: Markets Wrap
- Higher exports for job growth
- Govt. asks IMF for 1-year loan extension, relax tight spending targets
- Union Bank reports impressive 49% growth in profit before all taxes in FY18
- Asia Stocks Post Modest Gains; Dollar Steadies: Markets Wrap
- Trump Lands in Hanoi for Second Kim Summit as Ambitions Run Low
- CB puts ISBs first in quest for debt repayment funds
- Commercial Bank ends 2018 with a solid performance
- Sri Lanka growth may have slowed to 3-pct GDP in 2018, 4-pct target in 2019
- Trump Extends China Tariff Deadline After ‘Substantial’ Progress
- Stocks Gain in Asia, Yuan Rises on Trade Optimism: Markets Wrap
- Public sector change essential for growth: CIMA President
- India to help set up Information Technology Park in Jaffna with Rs. 250 m grant
- Sri Lanka cuts statutory reserve ratio, releasing liquidity
- Trump Plans to Meet China’s Top Trade Chief on Friday
- Asia Stocks Follow U.S. Peers Lower; Bonds Steady: Markets Wrap
- Seylan Bank reports modest overall growth in FY 2018
- DFCC continues with stable growth despite challenges
- Macroeconomic crisis in Oct-Dec. quarter triggers Rs. 327 m loss at Softlogic
- Housing Dream Turned Nightmare Spurs a Backlash in Australia
- Stocks Pare Losses on Trade Optimism; Bonds Slip: Markets Wrap
- Germany calls for more transparency in SL as bilateral ties expand
- Macroeconomic crisis in Oct-Dec. quarter triggers Rs. 327 m loss at Softlogic
- Japan’s Odakyu Group partners TAD Group for Rs. 4.5 b investment in Sri Lanka
- $__NEWS_MENU_TITLE__$ -trillion-243.html">The Reasons Why China's Stock Rally Is Nearing
- $__NEWS_MENU_TITLE__$ Trillion
- MTD Walkers PLC enjoined from transferring shares till 20 February
- UK announces Core Group will submit resolution on Sri Lanka at UNHRC session
- Sri Lanka to revive small scale rice millers to boost competition
- Fed Officials’ Views on the Economy Have Converged: It's in a Good Place
- Asian Stocks Mixed on Trade Talks Wait-and-See: Markets Wrap
- Taranjit tells Sri Lanka “only country joined by destiny” is India
- NDB records exceptional performance for 2018
- Sri Lanka EPF had funded Perpetual deals after avoiding auctions: Auditor General
- Trump Wants to Meet With Xi ‘Very Soon’ Over Trade War, Adviser Says
- Stocks Rise on U.S. Federal Funding, Trade Hopes: Markets Wrap
- Expolanka posts strong consolidation on top and bottom line performances in 3Q
- Biz confidence improves post-Supreme Court ruling
- Sri Lanka’s Teejay Lanka December quarter net profit up 12-pct
- Trump Says He Won't Meet Xi Jinping Before Tariff Deadline
- Asian Stocks Slide Most in a Month; Aussie Sinks: Markets Wrap
- JKH reports growth in top line and bottom line for 3Q
- CB Chief says debt challenge manageable but proper fix is higher exports and FDI
- Sri Lanka soft drink maker sees volumes plunge 23-pct
- Asia Stocks Flat as U.S.-China Trade Talks Wear On: Markets Wrap
- China Vows to Buy More U.S. Goods, Sees Progress in Trade Talks
- Construction cash strapped
- Highest marine microplastic pollution in seas off Sri Lanka's North West: study
- Sri Lanka poultry groups warns of weakening demand, Fall Armyworm
- China Has Too Many Investment Bankers. That Means Fees of Just 0.001%
- China Manufacturing Shows Resilience Amid Trade War, Slowdown
- Tax and policy incentives for Port City soon
- Sri Lanka’s Fintrex Finance to focus on lending to entrepreneurs
- Sri Lanka awaits armyworm damage report to relax maize imports
- U.S. and China Are Talking Some More, But Deal Prospects Are Still Slim
- Asian Stocks Slip Before Fed; Yuan Extends Gains: Markets Wrap
- RPCs and trade unions end wages deadlock; agree to Rs. 750 daily wag
- Sri Lanka tightens capital account to maintain soft-peg
- Sri Lanka car registrations fell sharply amid currency, political crises
- Emerging Asia Market Rebound in Sight With China, Trade Caveats
- Here Are Three Scenarios for U.S.-China Trade Talks This Week
- Sri Lanka rupee 'undervalued' with REER at 96 amid soft-peg collapse
- War against Fall Armyworm
- Business leaders share the ‘why’ and ‘how’ of employer-supported childcare at roundtable
- Asian Stocks Pare Early Losses; Yen Declines: Markets Wrap
- BOJ Leaves Stimulus Unchanged as It Cuts Inflation Outlook Again
- Sri Lanka's EPF loses most from Laugfs, Dockyard, Carsons; gains from banks
- EIU forecasts SL’s growth to be below 5%
- Tourism achieves $ 4.4b revenue target for 2018
- U.S.-China Trade Talks Falling Short on Make-Or-Break IP Issues
- https://www.bloomberg.com/news/articles/2019-01-21/u-s-china-trade-talks-falling-short-on-make-or-break-ip-issues?srnd=premium-asia
- China’s Economy Slows to the Weakest Pace Since 2009
- CSE expresses optimism amidst headwinds
- Sri Lanka targets three million tourists in 2019: minister
- People’s Merchant draws motor industry specialist Sterling as strategic investor
- Brexit Pushes Britain to Brink as Government Fights for Survival
- Four Chinese Tycoons Just Transferred Billion to Trusts
- MTI strategies Africa entry for Bangladesh’s top conglomerate
- $__NEWS_MENU_TITLE__$ -2bn-on-soft-peg-in-late-2018-exceeds-imf-receipts-127.html"> Sri Lanka busts US
- $__NEWS_MENU_TITLE__$ .2bn on soft-peg in late 2018, exceeds IMF receipts
- Sri Lanka to be 'brutal' on finance companies that lose capital
- Japanese experts helps Sri Lanka update monetary laws
- Tourist arrivals growth higher in 2018 with record haul in December
- Yen Jumps as Apple Fans Growth Woes; Stocks Mixed: Markets Wrap
- Apple’s China Trouble Makes Trump’s Trade War Harder to Defend
- Laugfs Gas to invest Rs. 1.15 b in subsidiary’s LPG terminal venture
- Lighthouse Hotel goes for first major revamp with Rs. 450 m investment
- PricewaterhouseCoopers Sri Lanka promotes Myanmar opportunities for Lankan firms
- China Has the World's Worst Stock Market With .3 Trillion Loss
- Biggest Stock Reversal Since 2010 Rings of Bear Market Bounce
- LeapFrog invests over Rs. 2 b for 19% stake in Softlogic Life Insurance
- Hayleys Advantis unveils Sri Lanka’s largest distribution hub
- Sri Lanka’s SAGT nearly doubles design capacity handling 2mn containers
- BOJ Keeps Policy Unchanged After Fed Adds Dovish Tint to Outlook
- Fed Raises Rates, Turns More Cautious on Outlook for 2019 Hikes
2019/08/07
Yuan Weakens After Central Bank Sets Fixing Closer to 7 a Dollar
China’s yuan fell after the central bank set its daily fixing near 7 per dollar, slightly weaker than expected. The currency lost 0.1% to 7.0320, remaining weaker than the key level it breached Monday for the first time since 2008. The offshore rate briefly dropped as much as 0.4% as the People’s Bank of China set the reference rate at 6.9996 per dollar. The fixing had been projected at 6.9977, according to the average estimate of 22 traders and analysts surveyed by Bloomberg. The offshore yuan pared losses, trading 0.3% lower at 9:40 a.m. Hong Kong time. - Bloomberg
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