Business

Sri Lanka ranked among emerging economies worst hit by COVID-19

Sri Lanka is among the worst-affected emerging economies by the COVID-19 pandemic, according to a ranking published by the international…

5 years ago

Equities tumble as Trump revives trade war fears

(Hong Kong) AFP: Stock markets suffered steep losses yesterday, tracking a selloff in New York after Donald Trump sparked fears…

5 years ago

April inflation subdued over base effect

Census Dept. staff resorts to online collection of prices as pandemic paralyses fieldwork Core prices of economy measured barring the often-volatile…

5 years ago

China’s grand e-currency experiment set to begin this month

WION: China has claimed that the country is rolling out its digital currency in four cities starting next week.Owing to…

5 years ago

Cabraal proposes setting up of Rs.150bn Covid Equity Fund to support battered biz

Fund to be syndicated by a group of investors Says govt. and banks should devise strategy to woo investors to the…

5 years ago

March merchandise exports plunge record 42%

1Q merchandise exports down 17% to US $ 2.6bnServices exports in 1Q down 24% to US $ 805mnTotal exports in…

5 years ago

State and private sector accelerate e-commerce spend as COVID-19 alters shopping habits

As COVID-19 is altering almost everything including how people shop for their day-to-day needs, some chief executives expect such changes…

5 years ago

Bangladesh garment factories reopen, defying virus lockdown

(Dhaka) AFP: Hundreds of Bangladesh’s garment factories defied a nationwide coronavirus lockdown to reopen on Sunday, raising fears the industry’s…

5 years ago

Dialog Axiata pledges Rs.200mn for ICU development

From left: Dr. Sunil De Alwis - Additional Secretary (Medical Services) Ministry of Health and Indigenous Medical Services, Bhadrani Jayawardena…

5 years ago

Construction in further quandary with govt. delaying release of due payments

Govt. owes construction sector excess of Rs.50bn for completed public sector projectsCCI warns further delaying of payments puts sector at…

5 years ago