Sri Lanka stocks closed up 0.30 pct
October 12, 2012 (LBO) - Sri Lanka stocks ended a streak of losses and closed up 0.30 percent Friday. Dialog Axiata PLC closed flat at 8.50 rupees. Index heavy …
Sri Lanka and India to strike nuke deal, accident response
Oct 12, 2012 (LBO) - Sri Lanka and India will move towards striking a comprehensive agreement on civil nuclear co-operation, a joint statement issued after the …
Sri Lanka forestry program expanded by Australia
Oct 12, 2012 (LBO) - A community based program to increase forest cover in Sri Lanka's dry zone and support small farmers has been launched by Australia and …
Sri Lanka and India appoints task force to promote trade
Oct 12, 2012 (LBO) - Sri Lanka and India is appointing a joint task force with representatives from the private and state sectors to boost trade and …
Sri Lanka to discuss new program later: IMF Rep
Oct 12, 2012 (LBO) - A separate mission would arrive in Sri Lanka to have discussion on an ongoing program with Sri Lanka with the end of a successful 2. …
Sri Lanka stocks close down 0.89 pct
October 11, 2012 (LBO) - Sri Lanka stocks continued a losing streak and closed down 0.89 percent Thursday with sharp drops seen in several counters earlier in …
Sri Lanka US$60mn property project by Pakistan firm
Oct 11, 2012 (LBO) - Imperial Builders (Pvt) Ltd, a unit of Pakistan based Lakhani group is investing in a 60 million US dollar project to develop land in Sri …
Sri Lanka water supply project to get more ADB finance
Oct 11, 2012 (LBO) - Sri Lanka will negotiate with the Asian Development Bank to get 40 million US dollars of additional financing for a water supply project …
Sri Lanka borrowings not limited to China: Treasury Secretary
Oct 11, 2012 (LBO) - Sri Lanka's external financing has got diversified out of a traditional Western led donor group but the country was not just depending on …
Sri Lanka expects to better ‘Doing Business’ ranking
Oct 11, 2012 (LBO) - Sri Lanka expects to move up on an ease of doing business ranking compiled by World Bank group for 2013, a multilateral lender, the …
Sri Lanka mine clearing boosted by Japan
Oct 11, 2012 (LBO) - Japan has give 96 million rupees (737,575) US dollars to clear mines in Sri Lanka's former war zones where a civil war raged for 30-years …
Sri Lanka Treasuries yields fall
Oct 10, 2012 (LBO) - Sri Lanka's Treasuries yield fell at Wednesday's auction with the 3-month yield falling as much as 37 basis points, data from the state …
Sri Lanka bond rates rise to straighten inverted yield curve
Oct 10, 2012 (LBO) - Sri Lanka's bond rates have risen by 40 to 50 basis points over two days almost ending an inversion of the yield curve where short term …
Sri Lanka stocks close down 1.04 pct
October 10, 2012 (LBO) - Sri Lanka stocks closed down 1.04 percent Wednesday with several blue chip stocks losing ground. Commercial Bank slipped 0.20 cents to …
Citizen’s Views
Oct 10, 2012 (LBO) - Recent assaults on the judiciary are attacks on the people, a group of concerned citizens have said following attempts to intimidate one …
Regional trade forum in Sri Lanka to have SME focus
Oct 10, 2012 (LBO) - An Asia-Pacific trade forum to be held in Sri Lanka's capital Colombo will have sessions focusing on small and medium enterprises and …
Sri Lanka stocks close down 0.24 pct
October 09, 2012 (LBO) - Sri Lanka stocks closed down 0.24 percent Tuesday with indices seeing sharp gains earlier in the day on news that the regulator has …
Sri Lanka says travel to Tamil Nadu safe for citizens
Oct 09, 2012 (LBO) - Sri Lanka has lifted a travel advisory to the Indian state of Tamil Nadu that was imposed in the wake of a series of attacks by Tamil …
Sri Lankans missing taste of good tea: top exporter
Oct 09, 2012 (LBO) - Mlesna, a top Sri Lankan tea brand, has begun advertising using displays on a new taxi service, aiming to popularise the island's best …
Condemnation
Oct 09, 2012 (LBO) - The Ceylon Chamber of Commerce, Sri Lanka's top business grouping has condemned an attack on a top official of an independent judicial …