China’s Ambassador to Sri Lanka Qi Zhenhong on Wednesday said broader use of the Chinese Yuan, or Renminbi (RMB), could ...

India’s unwavering commitment to finding a smoother mechanism for cross-border payment settlements in the neighbourhood will ...

At a critical period for Sri Lanka’s economic recovery and structural adjustment, expanding cooperation with China’s renminbi (RMB) will undoubtedly inject fresh momentum into trade facilitation, ...

The annual budget for next year to be presented on Friday will have incentives for exporters and small and medium industries and relief on essential items while the government would introduce measures ...

The uncertain geopolitical situation has led to a shift from a globalised outlook on trade and economy to transactional ...

BRICS nations’ push to trade in local currencies reflects frustration with dollar dominance and signals a shift in the global monetary order ...

Sri Lanka's rupee was quoted around 304.05/15 to the US dollar Wednesday, after opening weaker, while bond market sentiment ...

The Asian Development Bank (ADB) has approved a USD 100 million financing package to support Sri Lanka's tourism sector with strategic policy reforms and targeted catalytic investments, which align ...

With the economy staying largely on course for recovery from the 2022 debacle, the JVP/NPP Government is negotiating the final week before the Budget with different sectors making strong demands for a ...

Sri Lanka’s rupee closed at 304.35/54 to the US dollar in the spot market Thursday marginally stronger from 304.40/55 dealers ...

Let’s first agree, as the government never tires of telling us, that Pakistan today has macroeconomic stability. But let us ...

Chinese Envoy in Colombo, Qi Zhenhong, said on Wednesday that the dollar-centric system has revealed its structural contradictions, including imbalances in liquidity provision and the spillover of ...