Category: Economy and Markets

The World Trade Organisation’s (WTO) July Package promises cuts in trade distorting agricultural subsidies and more special treatment for developing countries. The World Trade Organisation’s (WTO) July Package promises cuts in trade distorting agricultural subsidies and more special treatment for developing countries. On Sunday, for the first time, all 147 countries in the WTO agreed […]

The World Trade Organisation’s (WTO) July Package promises cuts in trade distorting agricultural subsidies and more special treatment for developing countries. The World Trade Organisation’s (WTO) July Package promises cuts in trade distorting agricultural subsidies and more special treatment for developing countries. On Sunday, for the first time, all 147 countries in the WTO agreed […]

BIMST-EC, the seven-member regional grouping which Sri Lanka is a member, has renamed itself as the ‘Bay of Bengal Initiative for Multi-Sector Technical and Economic Cooperation.‘ BIMST-EC, the seven-member regional grouping which Sri Lanka is a member, has renamed itself as the ‘Bay of Bengal Initiative for Multi-Sector Technical and Economic Cooperation.’ BIMST-EC was earlier […]

A constable exploded a grenade, killing himself and his estranged fiancee, at the police garage in the Sri Lankan capital Colombo Friday, an official told AFP.A constable exploded a grenade, killing himself and his estranged fiancee, at the police garage in the Sri Lankan capital Colombo Friday, an official told AFP. The man ordered colleagues […]

Sri Lanka’s inflationary rate for July rose marginally over June, as a prolonged drought and higher import costs pushed key food prices up. Sri Lanka’s inflationary rate for July rose marginally over June, as a prolonged drought and higher import costs pushed key food prices up. The Central Bank said Friday that the trend deviated […]

Indians, Chinese, Koreans and Japanese are falling over themselves to invest in Sri Lanka, claims a senior government minister. Indians, Chinese, Koreans and Japanese are falling over themselves to invest in Sri Lanka, claims a senior government minister. “India is very keen to come here in a big way. They have requested a special desk […]

Denying accusations of playing snakes and ladders with the process, the government said it was ‘flexible’ in its approach and dismissed peace broker Norway’s warnings that the country could slip back to war.Denying accusations of playing snakes and ladders with the process, the government said it was ‘flexible’ in its approach and dismissed peace broker […]