Sri Lanka remittances contract in 2015: Frontier Research
Jan 26, 2016 (LBO) – Sri Lanka has experienced a contraction in inward remittances after several years amidst falling oil prices and slower hiring in the …
Economy
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Ceylon Chamber launches National Agenda Committees
Jan 26, 2016 (LBO) - The Ceylon Chamber of Commerce is launching a set of thought-leadership groups called National Agenda Committees (NACs) to put forward …
Interview: Listing of Sri Lanka non-strategic investments may take a year, says Eran
Jan 25, 2016 (LBO) - Sri Lanka’s government is putting in place processes to list some of its non-strategic investments on the Colombo Stock Exchange, …
PM holds meetings with Branson, other investors
Jan 24, 2015 (LBO) - Sri Lanka's Prime Minister Ranil Wickremesinghe and government officials met several business leaders and heads of state on the sidelines …
Korea EXIM Bank opens representative office in Sri Lanka
Jan 22, 2015 (LBO) - The Export-Import Bank of Korea, an official export credit agency of the Republic of Korea, announced Friday the opening of their …
Sri Lanka has perverse link between trade and budget deficit: Nishan de Mel
Jan 22, 2016 (LBO) – Sri Lanka’s economic policy is governed by political pressures which is evident in the perverse link between the trade deficit and the …
Sri Lanka inflation NCPI at 4.2-pct in December 2015
Jan 21, 2016 (LBO) – Sri Lanka’s consumer prices rose 4.2 percent in the 12-months to December 2015 from a year earlier, data from the state statistics …
Central Bank negotiating with IMF for SBA: Amunugama-Updated
Jan 21, 2015 (LBO) - The Central Bank is negotiating with the IMF for a one billion dollar stand-by arrangement, Special Assignments Minister Sarath Amunugama …
China eyes more investment opportunities in Sri Lanka: PM (VIDEO)
Jan 21, 2016 (LBO) – Prime Minister Ranil Wickremesinghe said in Switzerland that Sri Lanka is expecting more investments from the China apart from the …
Sri Lanka should look at IMF package seriously: Kelegama
Jan 21, 2016 (LBO) – Sri Lanka should look at the IMF package very seriously as the temporary measures would not fix the fundamental issues of the economy, …
Growth in developing economies forecast at 4.3-pct for 2016: IMF
Jan 20, 2016 (LBO) - Growth in emerging market are projected to increase from four percent in 2015 to 4. buy symbicort online …
Interview: Attractive returns on Sri Lanka bonds due to volatility
Jan 20, 2016 (LBO) - Out of emerging markets, Sri Lanka bonds offer well above average returns through trading opportunities due to strong volatility, a market …
Probability of US March rate hike drops, eyes on Davos
Jan 20, 2016 (LBO) - The probability of a rate hike by the U.S. Fed by March fell to 40 percent with equity markets off to a bad start this year, as focus …
Prime Minister to attend World Economic Forum
Jan 18, 2016 (LBO) - Prime Minister Ranil Wickremesinghe is due to leave Sri Lanka on 19th January 2016 for the World Economic Forum that will be held in …
Interview: Controlled tea liberalization possible, says Tea Board Chief
Jan 18, 2016 (LBO) - Better marketing and branding of Sri Lankan teas overseas, together with the potential for liberalising the industry, were just some of …
Sri Lanka targets USD5 bn FDI in next three years, Malik to visit China
Jan 18, 2016 (LBO) - Sri Lanka is targeting five billion US dollars worth of foreign direct investments (FDI) in the next three years, Minister of Development …
Sri Lanka’s reconciliation process key to its economic success: UK Minister
Jan 14, 2016 (LBO) - Sri Lanka commitment to reconciliation will be a driver of its future economic development, a visiting Minister said. online pharmacy buy …
Finance Ministry delays budget proposals on VAT & NBT
Jan 13, 2016 (LBO) – Sri Lanka’s Finance Ministry has suspended implementing the budget proposals on VAT and NBT until the relevant legislative enactments …
Obama gives last state of the union address
Jan 13, 2016 (LBO) - U.S. President Barack Obama gave his final state of the union address on Tuesday attempting to bridge an optimistic assessment of the …
Medium term growth prospects for Sri Lanka market: CT CLSA
Jan 12, 2016 (LBO) - The Sri Lankan economy is forecast to grow 6 percent 2016 with fiscal proposals to stimulate manufacturing, export and construction …