Page 13 - Uditha Jayasinghe News Today

By Uditha Jayasinghe ANAMADUWA, Sri Lanka (Reuters) - H.J.M Seneviratne, 63, slices through yellowed paddy stems dried out by a drought that has destroyed over 95% of his crop and is threatening crisis-hit Sri Lanka's summer rice harvest. The islan...

By Uditha Jayasinghe ANAMADUWA, Sri Lanka (Reuters) - H.J.M Seneviratne, 63, slices through yellowed paddy stems dried out by a drought that has destr...

Sri Lanka kept its key interest rates unchanged in a surprise move on Thursday but announced caps on lending rates in some segments to ensure policy loosening done so far filters through to the...

Sri Lankas consumer price inflation slowed to 4.6% year-on-year in July from 10.8% in June, helped by easing food prices, the statistics department said on Monday. The National Consumer...

Sri Lankas consumer price inflation slowed to 4.6% year-on-year in July from 10.8% in June, helped by easing food prices, the statistics department said on Monday. The National Consumer...

Sri Lanka plans to draft laws to ensure the government does not unilaterally pull out of commercial agreements with other countries, after the former administration scrapped a $2 billion light railway... -Today at 03:15 am- MarketScreener

COLOMBO (Reuters) -Monetary policy transmission to the real economy in Sri Lanka is still incomplete, the governor of the country's central bank, Nandalal Weerasinghe, said at a LSEG FX Community Event on Monday. Weerasinghe said he would like to see private sector interest rates come down further and at a faster pace, adding that the domestic debt restructuring is the most important focus for the debt-laden country in the near-term. "Given the downward inflation trajectory we s...

Monetary policy transmission to the real economy in Sri Lanka is still incomplete, the governor of the countrys central bank, Nandalal Weerasinghe, said at a LSEG FX Community Event on Monday....

Risks to inflation in Sri Lanka and real economic growth projections are skewed to the upside over the medium term, the central bank said in a monetary policy report on Monday. Overall,...

COLOMBO (Reuters) -Sri Lanka on Saturday invited Japan to resume investment in projects including power, roads and ports as the Japanese foreign minister wrapped up the first high-level visit to the crisis-hit country in nearly four years. Sri Lanka Foreign Minister Ali Sabry said his country was seeking Japanese investment in sectors such as power, infrastructure and dedicated investment zones, as well as in the green and digital economies. The South Asian island nation is working to restruct...