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Sri Lankan rupee falls on importer dollar demand

COLOMBO: The Sri Lankan rupee fell on Wednesday as demand for the US dollar from banks surpassed mild inward remittances, traders said.The rupee, which...

Asia-Pacific Crude-Narrow Brent-Dubai EFS makes regional grades more attractive

SINGAPORE: The Asia Pacific crude oil market remained steady on Tuesday as a narrow Brent-Dubai price spread is expected to make regional crude grades...

Sri Lankan rupee edges higher on inward remittances

COLOMBO: The Sri Lankan rupee ended slightly firmer on Monday as inward remittances surpassed early demand for the US dollar from foreign banks, traders...

Sri Lankan shares end flat in lean trade

COLOMBO: Sri Lankan shares closed flat on Monday after gaining for two straight sessions on mild profit-booking as investors awaited fresh triggers amid thin...

Edible oil traders use free-trade pact to get around India’s import...

MUMBAI/KUALA LUMPUR: Edible oil traders are sourcing exports of palm oil and other cooking oils to India from neighbouring countries, designating the supplies as...

Address threats to rubber trees

MANY of us consider natural rubber (NR) a sunset industry. This is exacerbated by the low prices of the commodity. The same is not...

Sri Lanka central bank keeps key interest rates steady

Sri Lanka central bank keeps key interest rates steady ...

Exclusive: Myanmar scales back Chinese-backed port project due to debt fears...

© Reuters. Exclusive: Myanmar scales back Chinese-backed port project due to debt fears - official ...

Sri Lankan shares fall for second straight session

COLOMBO: Sri Lankan shares extended fall for a second straight session on Tuesday, easing further from a three-week closing high recorded late last week,...

Sri Lankan rupee ends marginally weaker on importer dollar demand

COLOMBO: The Sri Lankan rupee ended marginally weaker on Tuesday as importer dollar demand surpassed selling of the greenback by exporters, traders said.The rupee...