macro

WTO director-general warns of protectionism

The director-general of the World Trade Organization (WTO) warned Sunday that “the threat of protectionism remains present” and insisted that “trade and technology are solutions” to world development.

China tops in Sri Lanka’s FDI for 2017

China has accounted for 35 percent of foreign direct investments (FDI) into Sri Lanka up to September this year, with FDI for 2017 expected to total $1.36 billion, local media reported on Saturday.