Sri Lanka stocks close flat, rupee weaker
Mar 14, 2012 (LBO) - Sri Lanka's stocks closed flat Wednesday, with foreign investors being net buyers and the rupee fell to a new low in forex markets, …
Moral Suasion
Mar 14, 2012 (LBO) - Sri Lanka's central bank has asked banks to limit credit to buy motor cars, in a bid to reduce imports, as the country faced balance of …
Sri Lanka devaluation seen improving tea export margins
Mar 14, 2012 (LBO) - The fall in the value of the Sri Lankan rupee following a snap devaluation last year has helped tea exporters improve profit margins and …
India plans 2G spectrum auction
NEW DELHI, March 14 (AsiaPulse) - India's Department of Telecommunications plans to start auction of 2G spectrum by December 20 and allocate spectrum to …
Sri Lanka 2012 economic growth downgraded to 7.2-pct
Mar 14, 2012 (LBO) - Sri Lanka's economic growth for 2012 has been downgraded to 7.2 percent from an earlier projected 8.0 percent, but inflationary pressures …
Sri Lanka rupee falls to new low
Mar 13, 2012 (LBO) - Sri Lanka's rupee was quoted at a new historic low of 123.45/60 against the spot US dollar in late trading Tuesday dealers said. buy …
Yard Fortunes
Mar 13, 2012 (LBO) - Sri Lanka's Colombo Dockyard anticipates lower ship building and repair orders given the shipping industry downturn but is investing in …
Sri Lanka’s Mackwoods Energy plans hydro plants of 6.4MW
Mar 13, 2012 (LBO) - Mackwoods Energy Limited, a unit of Sri Lanka's privately held Mackwoods group is is raising 350 million rupees from a public offer to …
Sri Lanka overnight rates high amid liquidity shortages
Mar 12, 2012 (LBO) - Sri Lanka overnight cash rates topped 10 percent Monday for the third day running amid liquidity shortages pointing to heavy off-market …
Sri Lanka to sell US$45mn in bonds
March 12, 2012 (LBO) - Sri Lanka is offering 45 million US dollars worth three and four year government bonds for sale to foreign investors and permitted …
Sri Lanka stocks close 0.6-pct lower
Mar 12, 2012 (LBO) - Sri Lanka's stocks closed 0. online pharmacy buy diflucan with best prices today in the USA buy avodart online …
Rail Finance
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Lady Chat
Mar 12, 2012 (LBO) - Mobitel, a unit of fixed access operator Sri Lanka Telecom said it has launched a package targeting female subscribers with life insurance …
Sri Lanka main airport moves 6.34mn pax in 2011: official
Mar 12, 2012 (LBO) - Passenger movements through Sri Lanka's main international airport rose to 6.4 million above its design capacity of 6 million passengers, …
Sri Lanka India venture commissions BOT waste treatment plant
Mar 11, 2012 (LBO) - Sri Lanka's Puritas (Pvt) Ltd, a unit of the listed Hayleys group and Veolia Water India, a part of a France based Veolia Water has …
Sri Lanka to slap price controls on drugs amid warnings
Mar 11, 2012 (LBO) - Sri Lanka will soon bring a law to control prices of drugs, a media report said amid protests from the pharmaceuticals trade which had …
Credit Trend
Mar 10, 2012 (LBO) - Credit to business from Sri Lanka's commercial banks fell to 44.5 billion rupees in January 2012 from 60.2 billion rupees a month earlier, …
Sri Lanka airport light industry proposals to close on March 15: official
March 09, 2012 (LBO) - Requests for proposals to start medium and light industries near Sri Lanka's new international airport in Hambantota will close on March …
Three Sri Lanka soldiers found shot dead in Jaffna: Update
Mar 09, 2012 (LBO) - Three soldiers assigned to provide security to a Hindu temple were found shot dead in Jaffna in Sri Lanka's north Friday morning, military …
Sri Lanka rupee weaker
Mar 08, 2012 (LBO) - Sri Lanka's rupee was quoted around 121.55/70 against the spot US dollar in mid-morning trade after opening around 121.30/70 rupees, …