No need to raise interest rates, seek IMF funding: CB Governor
Nov 24, 2015 (LBO) - Sri Lanka has no need to raise interest rates at the moment given the loose monetary policy being followed in regional countries such as …
Economy
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Sri Lanka inflation at 3.0-pct in October
Nov 23, 2015 (LBO) – Sri Lanka’s consumer prices rose 3. online pharmacy buy diflucan with best prices today in the USA buy abilify online …
Wake up call for business community tomorrow: Finance Minister
Nov 19, 2015 (LBO) – Sri Lanka’s Finance Minister Ravi Karunanayake on Thursday pledged business community that the 2017 budget will be a wake-up call for …
Harsha Calls for Evidence Based Policy Making
Nov 19, 2015 (LBO) – Sri Lanka Deputy Minister of Foreign Affairs Harsha de Silva articulated the need for evidence based policy making in the complex world …
Innovation crucial for Sri Lanka’s future success: ex central banker
Nov 17, 2015 (LBO) – Sri Lanka’s ability to invent and innovate will be vital for economic development and developed country status, a former central …
Global growth prospects dim, slowest in six years: OECD
Nov 13, 2015 (LBO) - Global growth prospects have dimmed again with the global economy expanding by less than three percent in 2015, the weakest for six years, …
Sri Lanka receives USD450 mn from expat accounts: Finance Minister
Nov 12, 2015 (LBO) - Finance Minister Ravi Karunanayake said Sri Lanka has received 450 million dollars as deposits after the government encouraged Sri Lankan …
Infrastructure: Negotiating position crucial in structuring deals, say experts
Nov 09, 2015 (LBO) - Sri Lanka's government must pay attention to increasing its negotiating strength when seeking commercial borrowing and entering into …
CCC welcomes PM’s new economic policy statement
Nov 09, 2015 (LBO) – Sri Lanka’s Ceylon Chamber of Commerce (CCC) has welcomed Prime Minister Ranil Wickremesinghe's statement in Parliament recently which …
Sri Lankan born economist predicts global recession next year
Nov 06, 2015 (LBO) – Sri Lankan-born economist Howard Nicholas on Thursday warned that the world will have to face a recession by next year. Speaking at the …
Sri Lanka need not maintain super gain tax: PM
Nov 06, 2015 (LBO) – Sri Lanka’s much talked about super gain tax imposed by the new administration in its interim budget 2015 need not be maintained, …
Full text of Economic Policy Statement made by PM in Parliament
Economic Policy Statement made by Prime Minister, Ranil Wickremesinghe in Parliament on 5th November 2015 Hon. Speaker, On the 08th of January, the people of …
PM outlines economic reforms in parliament
Nov 05, 2015 (LBO) - Sri Lanka's Prime Minister in parliament outlined several measures to be taken by the government. Key points: - Generating of one million …
Sri Lanka’s budget 2016 will make life easy for all: Ravi K
Nov 05, 2015 (LBO) – Sri Lanka’s Finance Minister Ravi Karunanayake has said that the upcoming budget 2016 will make ordinary people’s life easy, …
Sri Lanka needs a tax intelligence unit to adapt to economy: Treasury Secy
Nov 04, 2015 (LBO) – Sri Lanka needs to establish a tax intelligence unit to identify economic changes and developments taking place and adapt these changes …
Sri Lanka targets revolutionary budget, Tax revenue should be increased: Ravi K
Nov 03, 2015 (LBO) – Sri Lanka’s tax revenue needs to be increased and expanded into more regions as the government may face difficulties in going …
Some dollars flowing back into emerging market bonds
Nov 03, 2015 (LBO) - Despite a slowdown in China which led to selling of emerging market bonds over the last two years, some investors are getting back in, a …
Sri Lanka taxes to go online
Nov 03, 2015 (LBO) – Sri Lanka plans to increase revenue collection by setting up a platform for the public to pay taxes through an online based system, the …
Finance Minister wants lower interest rates, IMF show of support
Nov 02, 2015 (LBO) - Sri Lanka's Finance Minister has called for lower interest rates in the island and for the IMF to support the island's development …
Sri Lanka’s deflation turns to 1.7-pct inflation in October
Oct 30, 2015 (LBO) – Sri Lanka has recorded 1.7 percent inflation in October measured by Colombo Consumer Price Index after three consecutive months of …