South Korea, Sri Lanka seeks strengthening national defence coop.

A top level delegation headed by the President of the Korea National Defence University (KNDU), Lieutenant General Seung Ho Wee, visited Sri Lanka from October 2nd to 5th. On Monday October 3rd, the delegation paid a courtesy call on the State Minister of Defence Hon. Ruwan Wijewardena and Secretary to the Minister of Defence Eng. […]

South Korea, Canada holds rates; Malaysia cuts rates 25bps

July 14, 2016 (LBO) – South Korea and Canada have left base rates steady while Malaysia cut its benchmark overnight policy rate by 25 basis points to 3 percent to support steady growth amid stable inflation. It is the first change in rates by Malaysia’s Central Bank since it raised its rate in July 2014 […]