Thailand’s central bank signaled that it won’t rush to further reduce borrowing costs after Wednesday’s unexpected rate cut, ...

Egypt will increase the minimum wage for public sector workers to 7,000 Egyptian pounds ($138.50) per month from July, ...

Although no country operates on a pure gold standard anymore, many central banks have large amounts of gold reserves as a ...

The Bank of Thailand cut its key interest rate by a quarter point on Wednesday amid government calls for further easing to ...

A Concluding Statement describes the preliminary findings of IMF staff at the end of an official staff visit (or ‘mission’), in most cases to a member country. Missions are undertaken as part of ...

ECONOMYNEXT – The first RM Parks and Tristar-fueled, Shell branded fuel shed was opened in Sri Lanka by the US ambassador.

Countries around the globe are currently reshaping their economic policies to stimulate sluggish growth that has been adversely affected ...

JS Global analyst Muhammad Hasan Ather remarked that the benchmark KSE-100 index closed up 198 points after touching the ...

Sri Lanka's president Anura Dissanayake has called for citizens to celebrate diversity in his Maha Shiva Rathri message.

The approach, which involves a daily recalibration of the exchange rate, is a step toward a freely floating currency. It builds on the crawling peg system introduced last year, allowing movement in th ...