The U.S. Federal Reserve Bank (Fed) decreased interest rates for the first time since the Great Recession in 2008 by a quarter-percentage point on July 31, 2019
From 2009 to 2018, the Sri Lankan economy grew at an average annual pace of 5.4% over the previous ten years. Earlier this year,
The agricultural sector adds approximately 7 percent to the domestic GDP from which the fisheries industry adds roughly 1.2 percent with 0.6 percent from the livestock industry
Australian miner Iluka Resources Ltd. reported that it has finished a prefeasibility study of Sri Lanka’s ilmenite deposit that it wishes to mine.
Surbana Jurong Infrastructure – a private consultancy group based in Singapore (SJIPL) and SMEC International Pvt, its engineering subsidiary in Australia has won a contract from the Government of Sri Lanka to modernize the island’s four secondary main cities.