President to create market with higher price for farmers and low for consumers
Oct 15, 2020 (LBO) - President Gotabaya Rajapaksa emphasizes the requirement of establishing a market that guarantees higher prices for farmers and a …
Commodity
Sri Lanka’s exports drop slightly in August 2020
Sep 12, 2020 (LBO) – Sri Lanka’s exports during the month of August 2020 recorded a downfall of 8.3% to US$ 947.7 Mn as compared to the value of US$ …
Enhanced focus on import substitution will have significant implications on a longer horizon: CBSL
Aug 20, 2020 (LBO) – The Monetary Board of the Central Bank believes that the enhanced focus on domestic production for import substitution as well as to …
CCPI based inflation increased to 4.2-pct in July
Aug 01, 2020 (LBO) – Headline inflation as measured by the year-on-year change in the Colombo Consumer Price Index increased to 4.2 percent in July from 3.9 …
Sri Lanka’s headline inflation increased to 6.3-pct in June
Jul 22, 2020 (LBO) – Sri Lanka's headline inflation as measured by the year-on-year change in the National Consumer Price Index has increased to 6.3 percent …
Earnings from merchandise exports rebounded in June to USD 906mn: EDB
Earnings from merchandise exports rebounded in June 2020 to US $ 906.02 Mn as per the Customs statistics, with the export sector progressively commencing …
Sri Lanka inflation marginally down in June 2020
Jul 02, 2020 (LBO) - The year on year inflation as measured by the Colombo Consumer Price Index (CCPI) is 3.9 percent in June 2020 and inflation calculated …
Sri Lanka’s headline inflation decreased further in May
Jun 22, 2020 (LBO) – Headline inflation as measured by the year-on-year change in the National Consumer Price Index decreased further to 5.2 percent in May …
Trade deficit widens in April; import expenses on personal vehicles up, no tourism earnings
Jun 22, 2020 (LBO) – Sri Lanka's trade deficit widened in April 2020 to US dollars 840 million, from US dollars 797 million in April 2019, as the decline in …
Sri Lanka’s headline inflation decreased further in April
May 22, 2020 (LBO) – Headline inflation as measured by the year-on-year change in the National Consumer Price Index has decreased to 5.9 percent in April …
Central Bank imposes maximum interest rates on pawning advances of banks
Apr 27, 2020 (LBO) – Sri Lanka's Central Bank has decided to impose maximum interest rates on pawning advances of licensed banks. The decision has been taken …
Sri Lanka’s headline inflation decreased in March
Apr 22, 2020 (LBO) – Sri Lanka's headline inflation as measured by the year-on-year change in the National Consumer Price Index has decreased to 7.0 percent …
Sri Lanka’s headline inflation decreased to 5.4-pct in March
Mar 31, 2020 (LBO) – Headline inflation as measured by the year-on-year change in the Colombo Consumer Price Index declined to 5.4 percent in March 2020 from …
Sri Lanka announces relief measures as country battles with COVID19
Mar 24, 2020 (LBO) – Sri Lanka's government has announced a number of relief measures to people undergoing various hardships due to the prevailing situation …
CSE trading closed as both indices drop over 5-pct
Mar 20, 2020 (LBO) - Trading at the Colombo stock exchange closed at midday as the S&P SL20 index of more liquid stocks fell 11.90 percent or 262.42 points …
Sri Lanka headline inflation increased in January
Feb 24, 2020 (LBO) – Sri Lanka's headline inflation as measured by the year-on-year change in the National Consumer Price Index has increased to 7.6 percent …
Colombo consumer price based inflation increased to 5.4-pct in January
Feb 01, 2020 (LBO) – Headline inflation as measured by the year-on-year change in the Colombo Consumer Price Index increased to 5.4 percent in January 2020 …
Sri Lanka’s inflation increased to 6.2-pct in December
Jan 22, 2020 (LBO) – Sri Lanka's headline inflation as measured by the year-on-year change in the National Consumer Price Index increased to 6.2 percent in …
Cabinet nod to amend Inland Revenue Act; to be presented to Parliament
Jan 21, 2020 (LBO) – Sri Lanka's Cabinet of Ministers have approved the proposal to amend the Inland Revenue Act to reflect new tax proposals introduced by …
Trade deficit narrows marginally in Nov with imports, exports declining
Jan 17, 2020 (LBO) – Sri Lanka's trade deficit contracted marginally in November 2019 (year-on-year), with both imports and exports declining, the latest …