With him in charge, the bank said: “Sri Lanka was able to maintain sound and stable macro-economic fundamentals, with inflation being contained at low levels, and financial system stability being achieved in a time of severe global uncertainties and turmoil”.
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US jobs creation surges in March as recovery gains steam
admin, , Business, 0
“The better than expected 916,000 rebound in non-farm payrolls in March still leaves employment 8.4 million below its pre-pandemic...
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Coronavirus drives shop closures to new record
admin, , Business, 0
Lisa Hooker, consumer markets leader at PwC, says amid the turmoil, there continues to be a steady flow of...
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Oil cartel leader warns of prolonged high prices
admin, , Business, 0
Brent crude, a benchmark for prices, breached $95 a barrel on Tuesday amid predictions of shorter supplies, with fears...
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UK banks can weather pandemic, says Bank of England
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Banks have built up strong capital buffers since the financial crisis more than a decade ago, the Bank said...
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Holidaymakers urged to use £132m in travel vouchers
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Michael Budge, head of Atol, which is run by the CAA, said: “With over £130m of Atol refund credit...
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Furlough ‘must be extended’ to avoid mass unemployment, say MPs
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Image copyright Getty Images The UK government should consider a targeted extension of its furlough scheme, MPs have said....
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121 business chiefs sign letter backing Labour
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Dozens of business leaders have signed a letter endorsing the Labour Party’s economic plans ahead of the 4 July...
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The experiences replacing closed High Street stores
admin, , Business, 0
And he says there’s no single party that can solve the problem: “This needs people to come together. I...
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