19.5 C
London,uk
Monday, August 3, 2020
SRI LANKA

SRI LANKA

Human rights chief condemns Sri Lanka for pardoning army officer who killed Tamil civilians

The UN Human Rights chief has condemned the pardoning and release of a former Sri Lankan army officer sentenced to death for killing eight...

Sri Lanka central bank leaves rates unchanged

Sri Lanka’s central bank left its key interest rates unchanged on Thursday following an unexpected uptick in retail inflation but maintained its accommodative stance,...

India, Sri Lanka to ink MoU to develop Palaly airport in Jaffna

India will ink an agreement with Sri Lanka to develop the Jaffna''s Palaly airport in the Tamil-dominated Northern province, an official statement said on...

Sri Lanka shares settle lower as consumer, industrial stocks weigh

Sri Lankan shares closed lower on Thursday, dragged by consumer discretionary and industrial stocks. ** The benchmark stock index ended 0.36% weaker at 8,857.30. ** The...

IMF says Lanka’s economy recovering from Easter Sunday attacks, projects 3.7 pc GDP growth...

The IMF has said that Sri Lanka’s economy is gradually recovering from Easter Sunday terrorist attacks in 2019 with GDP growth projected at 3.7...

Sri Lanka shares end lower as consumer staples, communication stocks fall

Sri Lankan shares inched lower on Friday as losses in consumer staples and communication services stocks weighed on the benchmark index. ** Distilleries Company of...

HCL Technologies to enter Sri Lanka, to set up global delivery centre in Colombo

IT major HCL Technologies on Monday said it has entered into a pact with Sri Lanka's Board of Investment for setting up of a global delivery...

Sri Lankan rupee ends weaker; stocks down

Sri Lanka’s rupee closed weaker for the fifth straight session on Friday (21) on continued demand for dollars from banks, while equities ended the...

Sri Lanka’s second quarter GDP growth slumps to over five-year low as Easter attacks...

Sri Lanka’s economy grew at its slowest pace in more than five years from April to June, government data showed on Wednesday (18), as...

‘More Indian involvement in Sri Lanka economic sector favoured’

A Sri Lankan Minister on Monday (16) favoured more Indian involvement in the island nation’s economic sector, saying his country wants to be a...