Opinion: Demand Destruction for Oil can solve Sri Lanka’s economic crisis
June 13, 2022 (LBO) - Sri Lanka is in the eye of its worst ever economic storm. It appears that with regard to every aspect of the economy, things are coming …
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CSE consolidates gains on heavier trading volume
May 18, 2022 (LBO) - Colombo stocks consolidated gains after a recent sharp three day rally. Major indices finished down slightly on the day but are still up …
Colombo stocks roar, ASPI up 1000 points in 3 days on ‘Ranil Rally’
May 17, 2022 (LBO) - The stock market in Sri Lanka continued its surge for the third consecutive day, with the two major indices finishing up in the range of …
Public clamours for Harsha de Silva to join government
May 15, 2022 (LBO) - Sri Lanka's twittersphere has seen a surge in activity due to the recent political and economic crises. Events reached a crescendo as …
Ranil Rally – stocks up another 5%
May 13, 2022 (LBO) - Sri Lanka's main stock market indices continued their surge finishing the day up another 4-5%. This comes on the back of yesterdays 3-4% …
Ranil sparks stock market Rebound
May 12, 2022 (LBO) - The main stock market indices in Sri Lanka surged on Thursday, the first day of trading following a market shut down due to curfews …
Tribute: Senior Corporate Personality Sega Nagendra (1939-2022)
March 1, 2022 (LBO) - They don't make them like they used to anymore. Senior corporate personality Sega Nagendra passed away suddenly on 28th of February 2022. …
Tribute: Ladies College girl Viola Welikala (1920-2021)
January 5, 2021 (LBO) - 100 years is a time period of significance. In the last century people have seen world war, slavery, colonialism, apartheid, nuclear …
Tribute: Ladies College girl Viola Welikala turns 100 today
February 6, 2020 (LBO) - Some say only the good die young, however, I can assure you that this is not the case. Today at 100, one of the unknown greats is …
Lanka IOC (LIOC) reports profit of Rs490mn for the quarter
January 29, 2020 (LBO) - Colombo Stock Exchange listed Petroleum retailer Lanka IOC (LIOC) has reported a profit of Rs490mn for the quarter ended December 31, …
Asian Hotels (AHPL) reports a revenue decline of 21% in the December quarter
January 28, 2020 (LBO) - Colombo Stock Exchange listed Asian Hotels and Properties (AHPL) reported a profit of Rs43mn for the December quarter, while revenue …
John Keells Hotels (KHL) reports a quarterly loss of Rs398mn
January 28, 2020 (LBO) - Colombo Stock Exchange listed John Keells Hotels (KHL) reported a loss of Rs389mn in the quarter ended last December. Nine month …
Trans Asia Hotels (TRAN) revenue down 6%, results show tourism bouncing back
January 21, 2020 (LBO) - December quarter results from Colombo Stock Exchange listed Trans Asia Hotels (TRAN) were buoyant, showing signs that Sri Lanka's …
CSE comes alive with Rs2.8bn turnover but foreigners keep selling
November 28, 2019 (LBO) - The Colombo Stock Exchange (CSE) finished a busy day today with trading activity that has been rarely seen in recent years. The stock …
Colombo stocks surge on Rajapaksa tax cut bonanza
November 28, 2019 (LBO) - The stock market in Sri Lanka started the day in rally mode with most of the major indices up approximately 1.5%. The sharp rise …
I request that we all respect law and order and act peaceably especially after the results are announced – PM
November 16, 2019 (LBO) - Statement from the Prime Minister of Sri Lanka Ranil Wickremesinghe on today's Presidential election: "Through the 19th Amendment, we …
Sri Lanka’s stocks move up, but foreigners sell Rs1.5bn ahead of Presidential election
November 13, 2019 (LBO) - Sri Lanka's stock market was strong ahead of Sri Lanka's impending Presidential election to be held on Saturday November 16th. The …
All eyes on AKD as election campaigning ends at midnight
November 13, 2019 (LBO) - Intense campaigning for Sri Lanka's Presidency will come to an end tonight at midnight. After a 48 hour cooling off period, Sri …
Taj Lanka Hotels (TAJ) revenue up 12% as Sri Lanka tourism recovers
November 11, 2019 (LBO) - Colombo Stock Exchange (CSE) listed Taj Lanka Hotels (TAJ) reported surprisingly robust revenue growth for the quarter ended …
Harsha’s highlights – inspired by New Zealand PM’s viral video
November 10, 2019 (LBO) - Popular Non Cabinet Minister of Economic Affairs Dr. Harsha De Silva in a short video message highlighted the achievements of the UNF …