March 3, 2016 Reading Time: < 1 minute
EU steps in to help Greece with migrant crisis. Image credit - ibphoto/depositphotos
Reading Time: < 1 min read
Delegation from Thai Board of Investment visits Sri Lanka
A delegation from the Thai Board of Investment is in Sri Lanka, to study the country’s small and medium enterprise sector and investment climate.
The Thai officials have indicated that Sri Lanka’s rubber and fisheries industries have high potential for investment opportunities.
Sri Lankan expatriates to receive dual citizenship
Up to 2,500 expatriates will receive dual citizenship certificates from the Immigration and Emigration Department.
The undertaking in line with the current government’s policy to resume the granting of dual citizenship.
Local share market value declines
Sri Lankan shares fell by 1.2% on Tuesday to its lowest level since 11 April 2014.
The fall comes in the wake of Fitch Ratings’ downgrade of Sri Lanka from B+ to BB- of the country’s Long-term Foreign and Local Currency Issuer Default Ratings.
Australian economy grows more than expected
The Australian economy grew by 3% in the last quarter, at a rate higher than the projected growth.
Australia’s economy grew despite the global commodity slump which has affected the country’s mining and oil sectors.
Asian and European stock markets rise
Equity markets across Asia and Europe rose on Wednesday, reaching a two-month peak.
The rise in share values has been driven by several factors, including an increase in oil prices, continued stimulus measures by China, and recently released economic data in the United States.
EU to help Greece with migrant issue
Following the heavy influx of migrants into Greece, the European Union plans to invest millions of Euros to address the migrant crisis.
The EU leaders called for urgent action to help Greece. At least 8,500 migrants remain trapped on the Greek-Macedonian border.
24 Horton Place
Colombo 7
Sri Lanka
A think tank engaging in independent research of Sri Lanka’s international relations and strategic interests, to provide insights and recommendations that advance justice, peace, prosperity, and sustainability.
