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Sri Lanka , 2013-05-18 -- Sri Lanka's Market growth rate (10.3 %) has exceeded the growth rate of its own GDP in 2012. "The region's i ndustry Market growth has surpassed even the national GDP growth rate-in that, the Market ...
Sri Lanka , 2013-05-17 -- Indo-Sri Lanka bi-lateral trade was expected to double to the US Dollars 10 billion mark by 2016. In 2012, the total trade between India , Sri Lanka reached close to the $ 5 billion mark, said Saman Kelegama, Executive Director, Institute of Policy Studies . He expressed these views at the launch of the handbook on India- Sri Lanka Free Trade Agreement, held in Taj ...
Data summary: Global outlook Global outlook 2008 a 2009 a 2010 a 2011 a 2012 b 2013 c 2014 c 2015 c 2016 c 2017 c International assumptions ( %) World GDP growth 1.3 -2.3 3.9 2.6 2.1 2.1 2.7 2.9 2.9 2.9 US GDP growth -0.3 -3.1 2.4 1.8 2.2 2.1 2.4 2.3 2.3 2.4 EU27 GDP growth 0.2 -4.3 2.1 1.6 ...
region forecast overview: Highlights The main political risks in 2013-17 are likely to arise from the strains placed on democratic institutions by the dominance of the president, Mahinda Rajapaksa , , his ruling United People's Freedom Alliance (UPFA). The growing influence of the small clique surrounding Mr Rajapaksa , led by members of his family threatens to undermine institutio...
Sri Lanka : region outlook FROM THE ECONOMIST INTELLIGENCE UNIT POLITICAL STABILITY: The president, Mahinda Rajapaksa of the Sri Lanka Freedom Party (SLFP), is halfway through his 2nd 6-year term. He continues to be idolised as the man who in May 2009 finally defeated the rebel Liberation Tigers of Tamil Eelam (Tamil Tigers) after a civil war that had lasted for nearly 3 ...
Karachi , 2013-05-12 -- Sri Lankan shares rose for the seventh straight session on Friday to hit a 1-1/2 year high, led by blue chips, retail buying , foreign buying, boosted by rate cuts by the central bank to spur growth. The central bank cut its key monetary policy rates by 50 basis points before the Industry opened on Friday, following some of its regional peers, to boost economic growth in ...
Karachi : Sri Lankan shares rose for the seventh straight session on Friday to hit a 1-1/2 year high, led by blue chips, retail buying , foreign buying, boosted by rate cuts by the central bank to spur growth. The central bank cut its key monetary policy rates by 50 basis points before the Industry opened on Friday, following some of its regional peers, to boost economic growth in the face of s...
Event Following its monetary policy meeting on May 9th , the Central Bank of Sri Lanka (CBSL) announced that it had sanctioned a 50-basis-point cut to its main policy interest rates. The repurchase (repo) rate has been cut from 7.5 % to 7 %, while the reverse repo rate has been slashed from 9.5 % to 9 %. Analysis The CBSL had left rates unchanged since the start of the year , had been wa...
Karachi : Sri Lankan shares rose for the fifth straight session on Wednesday to hit a new 1-1/2-year high, led by conglomerate John Keells Holdings despite foreign outflows as hopes of a rate cut at the central bank's policy meeting later this week boosted local investor appetite for stocks. The main stock index edged up 0.14 %, or 8.42 points, to 6,210.10, the highest close since Nov....
Sri Lanka , 2013-05-08 -- The Export Development Board's (EDB)'s Destinational Concentration Analysis (DCA), a statistical parameter used to gaug...
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