Business
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
Read moreCabraal 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
Read moreMarch merchandise exports plunge record 42%
1Q merchandise exports down 17% to US $ 2.6bn Services exports in 1Q down 24% to US $ 805mn Total
Read moreBangladesh 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
Read moreDialog 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
Read moreConstruction in further quandary with govt. delaying release of due payments
Govt. owes construction sector excess of Rs.50bn for completed public sector projects CCI warns further delaying of payments puts sector
Read more“We need to make every investment count now more than ever,” says UNDP Economist
Says financial plan for recovery needs should be on comprehensive macro-stabilization framework post crisis Points out current crisis an opportunity
Read moreWB forecasts 19% decline in remittances to Sri Lanka this year
Driven by economic slowdown due to COVID-19 and steep decline in oil prices Global remittances projected to decline 20%–highest decline
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