Sri Lanka may consider IMF option: Finance Minister
Sept 30, 2015 (LBO) - Sri Lanka may consider an International Monetary Fund program option after the budget but only under our terms and conditions, Finance …
Economy
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Urbanization will play a key role in Sri Lanka’s way forward: Min Hakeem
Sep 30, 2015 (LBO) - Sri Lanka’s future will be defined by the success of its management of urbanization, Rauff Hakeem, minister of City Planning and Water …
World Bank says Sri Lanka urbanisation higher than estimated
Sep 29, 2015 (LBO) - Urbanisation in Sri Lanka is higher than officially estimated with almost half the population living in urban areas, a senior World …
Sri Lanka trade deficit narrows by 32-pct in July
Sept 29, 2015 (LBO) - Sri Lanka's trade deficit narrowed in July from the same month last year, the central bank said. This was partly due to the base effect …
Sri Lanka wants holding company structure for public enterprises: Governor
Sept 29, 2015 (LBO) - Sri Lanka's government is looking at setting up a holding company which will own equity stakes in public enterprises, the central bank …
ADB to triple lending for education in Sri Lanka
Sep 29, 2015 (LBO) – The Asian Development Bank says they will triple lending to one billion US dollars for education and will also help develop the islands …
Sri Lanka currency now competitive after float: CB Governor
Sept 28, 2015 (LBO) - Sri Lanka's currency is now competitive after being floated last month and will support export growth, the central bank governor told …
Foreign holding in govt securities falls by USD68 mn in last week
Sept 25, 2015 (LBO) - The holding of Sri Lanka government securities by foreign investors fell to 333.2 billion rupees in the week to September 23, from 342.8 …
Germany to help revive GSP+ for Sri Lanka: Visiting Foreign Minister
Sep 23, 2015 (LBO) - Germany would lead the European Union to revive the GSP+ relief for Sri Lanka, the German Foreign Minister said in a statement. “I will …
Germany can utilize Sri Lanka’s skilled labour force: Foreign Minister
Sep 22, 2015 (LBO) – Sri Lanka’s Foreign Minister said more German companies should invest in Sri Lanka and take advantage of the islands skilled labour …
Sri Lanka and Vietnam shares highest corporation foreign debt in Asia: ADB
Sep 22, 2015 (LBO) –Corporations in Indonesia, Sri Lanka, and Vietnam have the highest share of foreign currency debt in developing Asia, the Asian …
Sri Lanka economy to grow 5.5-pct through end 2015; inflation 3-pct: IMF
Sep 18, 2015 (LBO) – Sri Lanka’s economic growth is likely to continue in the range of 5 to 5. buy glucophage online …
No change! US holds interest rates unchanged
Sept 18, 2015 (LBO) - The U.S. held interest rates steady on Thursday after a two-day monetary policy meeting citing low inflation and uncertain global …
Sri Lanka can attract Japanese companies, bank: ambassador
Sept 17, 2015 (LBO) - Sri Lanka has great potential to attract Japanese investors who are interested in investing in the island, and as a gateway to India and …
Sri Lanka economy grew 6.7-pct in Q2 2015
Sep 16, 2015 (LBO) – Sri Lanka’s economy has grown 6. online pharmacy buy abilify with best prices today in the USA buy advair online …
Bank of Japan holds rates flat despite economic contraction
Sept 16, 2015 (LBO) - The Bank of Japan held interest rates unchanged on Tuesday despite calls for further monetary policy easing from the central bank after a …
Expert view: Bigger problems underlie Sri Lanka’s vehicle import bill, says Murtaza
Sept 15, 2015 (LBO) - A rash of credit-fueled vehicle imports is affecting Sri Lanka's balance of payments at the moment. But the bigger problem is not …
Central Bank directs banks to reduce loan ratio on motor vehicles
Sept 15, 2015 (LBO) - Sri Lanka's Central Bank has issued a directive to commercial banks, speciaized banks and financial institutions to reduce the loan to …
Sri Lanka female labor force should shift into technology-related sectors: ADB
Sep 15, 2015 (LBO) – Sri Lanka’s female labour force needs to shift from traditional jobs in education and health sector to more technology-related ones, a …
World Bank says Shortage of Long-Term Finance Blunts Progress in Developing Countries
Sep 15,2015 (LBO) - A shortage of long-term financing since the 2008 crisis is choking the investment-backed growth of companies in developing countries and …