Finance


World Bank says SL economy accelerates to 5% in 2018

Sri Lanka is forecast to accelerate to 5 percent in 2018, mainly reflecting strong private consumption and investment growth the World Bank (WB) says in its latest economic prediction Referring to the south Asia the…


Exchange Rates – 19th December

The average buying and selling rate of currencies issued by Central Bank of Sri Lanka for 19th December.   Currency Buying Rate Selling Rate Australian Dollar 114.52 120.04 Canadian Dollar 116.73 121.32 Chinese Yuan (Renminbi) 22.60 23.70…


Exchange Rates – 30th October

1.) The average buying and selling rate of currencies issued by Central Bank of Sri Lanka for today (30th Oct.). Currency Buying Rate Selling Rate Australian Dollar 115.24 120.37 Canadian Dollar 117.42 122.05 Chinese Yuan (Renminbi) 22.56…


Exchange Rates – 20th October

1.) The average buying and selling rate of currencies issued by Central Bank of Sri Lanka for today (20th Oct.).   Currency Buying Rate Selling Rate Australian Dollar 117.81 123.04 Canadian Dollar 120.53 125.28 Chinese Yuan (Renminbi)…


Why Sri Lanka is struggling to trade

The Country is hobbled by the fear that trade agreements will mean much greater access for trade partners to its market than it will get to theirs in the bargain By: Amitendu Palit The South…


Elon Musk says Mark Zuckerberg’s understanding of AI is ‘limited’

by Alanna Petroff   @AlannaPetroff It’s a battle of the tech billionaires. Tesla (TSLA) boss Elon Musk and Facebook (FB, Tech30) founder Mark Zuckerberg are locked in a very public feud over the future of artificial intelligence. Musk has repeatedly warned about the dangers of artificial intelligence, describing it…



China cashing out as mobile payment soars

Yang Qianqian holds out her smartphone to scan a barcode on the mobile of a vendor selling fresh fruit and vegetables at a bustling outdoor market in Beijing. The dance student is part of an…