Dollar slips, Asian shares defensive after Trump’s protectionist address
TOKYO, Jan 23 (Reuters) - The dollar slipped and Asian shares were on the defensive on Monday as worries about President Donald Trump's protectionist policies …
IMF commends Sri Lanka on economic progress made so far
Jan 23, 2017 (LBO) - The International Monetary Fund (IMF) has commended the new strategy of Sri Lankan government to create financial discipline and lead the …
Sri Lanka President to appoint committee to investigate bond scam
Jan 23, 2017 (LBO) - Sri Lanka's President Maithripala Sirisena said he would appoint a commission to investigate and recommend actions for an alleged bond …
Donald Trump is sworn in as the 45th US president: VIDEO
Jan 20, 2017 (Reuters) – Donald Trump was sworn in as the 45th president of the United States on Friday, succeeding Barack Obama and taking control of a …
Wilpattu cleared by State Timber Corp, not Muslims: Environmentalist
A Sri Lankan environmentalist claimed that the Wilpattu forests were cleared by the State Timber Corporation and not by Muslims as alleged. “As …
Sri Lankan shares end higher on foreign buying
Jan 20, 2017 (Reuters) – Sri Lankan stocks closed higher on Friday led by financials, after hitting a more than one-week closing low in the previous session, …
New 10MW solar power plant construction to kick-off tomorrow
The foundation stone laying ceremony of a new 10MW solar power plant in Raṇamayurapura, Hambantota will be held tomorrow with the participation of Power …
Walkers CML properties sells out Richmond Hill Residencies
Walkers CML Properties (Private) Limited, a subsidiary of MTD Walkers PLC announced today that their affordable housing project Richmond Hill Residencies is …
UN High Commissioner for Human Rights commends Sri Lanka progress
UN High Commissioner for Human Rights Zeid Ra’ad Al Hussein has commended Sri Lanka’s efforts for progressing human rights situation in the island nation. …
Sri Lanka Prime Minister meets Premiers of Norway & Vietnam
Prime Minister Ranil Wickremesinghe led Sri Lankan delegation to World Economic Forum yesterday met Prime Minister of Norway Erna Solberg and discussed about …
With drought looming, Sri Lanka tries something new: preparing
(Thomson Reuters Foundation) - With rainfall in many areas just a third of that last year and many water reservoirs far below normal levels, Sri Lankans have …
Sri Lanka sells USD458mn in fixed and floating rate bonds
Jan 20, 2016 (LBO) - Sri Lanka has sold fixed and floating rate dollar denominated bonds worth US 458 million dollars, a statement said. The Central Bank …
Foreign Minister briefs Swedish Minister of EU Affairs on investment opportunities
Minister of Foreign Affairs, Mangala Samaraweera, met Sweden's Minister of EU Affairs and Trade, Ann Linde, yesterday (18), at the Ministry of Foreign …
Sri Lankan rupee falls on importer dollar demand
Jan 19, 2017 (Reuters) – The Sri Lankan rupee traded weaker on Thursday due to dollar demand from importers while moral suasion by the central bank prevented …
First Capital Holdings signs MOU with Oxford Business Group
(PRESS RELEASE) - Sri Lanka’s efforts to boost capital inflows through the gradual liberalisation of its trade and investment laws will be explored in a …
Sri Lanka Premier meets Erik Solheim & Pakistani PM Nawaz Sharif
Prime Minister Ranil Wickremesinghe led Sri Lankan delegation to World Economic Forum yesterday met Pakistani Prime Minister Nawaz Sharif and discussed about a …
Sri Lanka’s Swarnamahal Financial Services transferred to default board
Jan 19, 2017 (LBO) - Sri Lanka's Swarnamahal Financial Services (SFS) has been transferred to default board with with immediate effect following …