@2022 - All Right Reserved. Designed and Developed by Rev-Creations, Inc
254 results found in 610 ms
Page 9 of 9
WASHINGTON (Reuters) : The head of the International Monetary Fund on Thursday urged advanced countries to take bold, coordinated action to break a vicious cycle of weak growth and high debt that threatens the global economy and has been worsened by dysfunctional politics. “Without collective
Central Bank is likely to hold rates and keep Statutory Reserve Requirements (SRR) steady according to analysts polled by Reuters. The September monetary policy rate decision is due today. Reuters said the Central Bank is expected to keep its repurchase and reverse repurchase rate steady at 7.00 percent and 8.50 percent respectively for an eighth ...
LONDON, Reuters: Global regulators have revised their rules so they can more easily track down commodity market abuses that cut across national borders. Many of the provisions mapped out in the updated principles of the International Organisation of Securities Commissions (IOSCO) have already been introduced or are in the pipeline, in major jurisdictions such as ...
By Uditha Jayasinghe With the Budget on the horizon, the Inland Revenue Department (IRD) yesterday dropped hints that there would be more relief to local investors come 15 November. IRD Commissioner General K.M.S Kandegedara acknowledged that the department was currently meeting with various associations and organisations to formulate proposals for Budget 2012. He was speaking ...
Rupee kept steady despite IMF request to limit intervention Market expects rupee to fall in near future Shares end weaker amid foreign selling. Reuters: Sri Lanka’s rupee currency premiums edged up on Thursday after the International Monetary Fund asked the Central Bank to limit
Reuters: Anger at Greece's failure to meet fiscal targets that are a condition for its international bailout is nearing breaking point in Berlin and other European capitals, with senior politicians now talking openly about the possibility of Athens exiting the euro zone. Horst Seehofer, the head of the Bavarian Christian Social Union (CSU), was the ...
The International Monetary Fund (IMF) in its latest review gave mixed evaluations with positive ...
(Reuters) – The global economy is unlikely to fall back into recession but there are risks, World Bank President Robert Zoellick said on Tuesday. “I don’t believe that the United States or the world will go into a double-dip but there’s high degrees of uncertainty,” Zoellick told reporters in Singapore. The United States is more ...
JACKSON HOLE: Central bankers gathered at an annual retreat in Jackson Hole, Wyoming, this weekend had a message for political leaders: monetary policy alone can’t keep the global expansion going. Federal Reserve Chairman Ben S. Bernanke urged adoption of “good, proactive housing policies” to reverse the depressed US real estate market and warned lawmakers to ...
Reuters: The heads of the U.S. Federal Reserve, IMF and OECD stepped up pressure on political leaders on both sides of the Atlantic to shake off their inertia and tackle urgent economic problems. If politicians ignore their pleas — including a blunt call from International Monetary Fund chief
Eshana De Silva, the Chairman of the Esna Group of Companies and Shermans Logistics has been officially appointed as the Honorary Consul to Kazakhstan. De Silva is also a Director of Pan Asia Bank, Mc Marine and functions as a board member of the Board of Investment (BOI) and the Sri Lanka Ports Authority (SLPA). ...
Bloomberg: Sri Lanka’s economic growth is set to outstrip India’s for the first time since 2000 as record foreign investment and Government spending fuel a resurgence after almost three decades of civil war. The island nation’s $ 50 billion gross domestic product will increase 8.5 per cent this year, up from eight per cent in ...
THE Ceylon Petroleum Corporation (CPC) seems to be missing the woods for the trees. Recently Minister Susil Premajayanth decided to order all Ceypetco outlets to issue receipts for every purchase of fuel. While this is important, the officials must also keep in sight the fact that there are many problems within the CPC that need ...
THE current market turmoil, marked by a huge spike in uncertainty, has shaken confidence across the global economy and prompted many to conclude all policy options have been exhausted. That impression is wrong – and could lead to paralysis. After the crisis unfolded in late 2008, global policymakers came together to act with common purpose. ...