Economy

South Asia, fastest growing region; will grow at 7-pct in 2015: World Bank

Apr 17, 2015 (LBO) – South Asia is expected to grow at 7 percent in 2015, picking up pace to 7.6 percent by 2017 as more productive capital is brought on …

Sri Lanka citizen’s group concerned over Chinese funded port city project

Apr 17, 2015 (LBO) – Sri Lanka’s citizen's group, Friday Forum has expressed concern about a recent controversial Chinese funded project and said full …

Sri Lanka advised to attract FDI, in order to maintain high growth rate: World Bank

Apr 17, 2015 (LBO) – Sri Lanka is advised to attract more foreign investments to keep up with its high growth rate due to the Island’s limitation on public …

Sri Lanka cuts policy rates: Inflation declines due energy price revision and consumer items:Central Bank

Apr 15, 2015 (LBO) – Sri Lanka has cut policy rate corridor by 50 basis points lowering its repo rate to 6.00 percent and reverse repo rate to 7.50 percent …

“One country’s success story can’t be copied and pasted on another”: IMF Mission Head

Apr 12, 2015 (LBO) - Georgia, once plagued with rampant corruption is lauded by World Bank today as the world's number one economic reformer. Georgia, a …

Sri Lanka’s Rajapakse regime used Rs375mn state lottery money for election campaign

Apr 10, 2015 (LBO) – Sri Lanka’s former rulers, the Rajapakse regime has used 375 million rupees from the state lottery board to fund the presidential …

Sri Lanka looks at cheaper international borrowings : Ravi Karunanayake

Apr 10, 2015 (LBO) – Sri Lanka is looking at cheaper borrowing from the international market, Finance Minister Ravi Karunanayake said. online pharmacy buy …

Sri Lanka government’s 100 day programme gets UN support

Apr 09, 2015 (LBO) – The visiting United Nation’s assistant secretary-general and United Nation Development Plan’s regional director Haoliang Xu, had …

Sri Lanka Treasury bill yields up: Central Bank

Apr 08, 2015 (LBO) – Sri Lanka's Treasury yields were up on Wednesday’s auction with the increase of 12-month yield from 14 basis points to 6.90 percent, …

UN to support development indicators of Sri Lanka

Apr 07, 2015 (LBO) – The Visiting United Nation’s assistant secretary-general and United Nation Development Plan’s regional director Haoliang Xu, had …

Sri Lanka says “NO” to unsolicited proposals

Apr 06, 2015 (LBO) – Sri Lanka decided not to accept unsolicited proposals as a matter of policy, and plans to act according to the government tender …

Sri Lanka get ¥ 550mn Japanese grant to develop rail network and agricultural facilities

Apr 03,2015 (LBO) – Sri Lanka’s Cabinet spokesmen Rajitha Senaratne said, the government of Japan has agreed to provide grant assistance under non- project …

Sri Lanka has over Rs 300bn unpaid road develpment bills: “We are in a major mess”: Kabir Hashim

Apr 02, 2015 (LBO) – Sri Lanka’s Minister of Highways and Investment Promotion says, the government has over 300 billion rupees of bills to be paid for …

Sri Lanka is dreaming of Singapore and living in Ethiopia: Finance Minister

Apr 02, 2015 (LBO) – Sri Lanka’s Finance Minister says even though the customs department started 24 seven operations last month, the service has not been …

Sri Lanka asked to set up an industrial zones by China: Port City is not enough

Apr 01, 2015 (LBO) – Sri Lanka asked to set up an industrial zone with the partnership of China since the Chinese funded port city only will not help …

Sri Lanka to get EXIM bank India’s US$500mn green bond support for green projects

Apr 01, 2015 (LBO) – The Export-Import Bank of India, India’s export finance institution, is planning to support Sri Lanka through its recently launched 5 …

Sri Lanka’s economy should be driven through investment and FDI: Eran Wickramaratne

Apr 01, 2015 (LBO) - Sri Lanka’s new government plans to drive the economy forward through investment and foreign direct investment (FDI) unlike the previous …

Sri Lanka’s inflation declines further to 0.1-pct in March 2015: Central Bank

April 01, 2015 (LBO) – Sri Lanka inflation declined to 0. online pharmacy amitriptyline no prescription 1 percent in March 2015 from 0.6 percent in February …

Sri Lanka’s political parties should agree on a common long-term plan: PM

Mar 31, 2015 (LBO) – Sri Lanka’s politicians and parties should think of a common long-term plan to pursue its vision of becoming a successful knowledge …

Sri Lanka’s inflation at record low of 0.1-pct in March

Mar 31, 2014 (LBO) - Sri Lanka's consumer prices falls to 0.buy amoxicillin online buy amoxicillin online no prescription 1 percent in March 2014 from a year …