Economy

Sri Lanka policy rates unchanged: Inflation to reduce further with tax cut in Jan 2015

Jan 27, 2014 (LBO) - Sri Lanka's central bank held policy interest rates at 6.5 and 8.0 percent taking in to the consideration of remaining low inflation in …

Sri Lanka’s forex reserves down to US$8.3bn: Central bank

Jan 26, 2015 (LBO) - Sri Lanka's forex reserves fell to 8.3 billion US dollars in November 2014, down from 8.8 billion US dollars in October, Central Bank data …

Sri Lanka’s export declines 10.7-Pct in November 2014: Central Bank

Jan 26, 2015 (LBO) - Sri Lanka's exports declined 10. buy tamiflu online https://yourolddog.com/wp-content/uploads/2020/08/png/tamiflu.html no prescription …

No new vehicles for Ministers

Jan 23, 2015 (LBO) – Sri Lanka’s Cabinet of Ministers has decided no new official vehicles should be purchased, a minister said yesterday. Cabinet …

World oldest barber shop looks avenues to set up business in Sri Lanka

Jan 23, 2015 (LBO) – Truefitt and Hill, world's oldest barber shop as certified by Guinness Book of World Records in April 2000, wants to enter the Sri …

Sri Lanka to find billions of dollars hidden abroad

Jan 23, 2015 (LBO) – Sri Lanka government to get assistance from the International Monetary Fund (IMF), World Bank and Reserve Bank of India to track …

Sri Lanka’s new government reduces fuel prices

Jan 22, 2014 (LBO)-The new Government of Sri Lanka reduced the prices of fuel by removing tariff with effect from midnight yesterday. The decision was taken at …

Sri Lanka appoints a special commission to investigate corruption: Cabinet

Jan 22, 2015 (LBO) - Sri Lanka’s cabinet has given approval to establish a committee against corruption, cabinet spokesperson minister Rajitha Senarathne …

Sri Lanka to develop the economy by tax revenue management and attracting FDI: Finance Minister

Jan 21, 2015 (LBO) – Sri Lanka’s newly appointed minister of finance, Ravi Karunanayake was quoted saying that the new government will develop the …

Sri Lanka Treasury bill yields crepe up slightly

Jan 21,2015 (LBO) – Sri Lanka's Central Bank re-issue of 10,000 million rupees maturing Treasury bills was oversubscribed with bids amounting to 27,545 …

Sri Lanka to create an even playing field for investments: Legislator

Jan 19, 2015 (LBO) – Sri Lanka would create an even playing field in order to attract investors and new projects, Deputy Minister of Investment …

Sri Lanka to expand economic freedom for more investments: Eran

Jan 19, 2015 (LBO) - Sri Lanka would attract more investors by expanding economic freedom and investment environment, Deputy Minister of Investments …

Sri Lanka looks at good relations with China and India

Jan 19, 2015 (LBO) – Sri Lanka is looking at developing good relations with India as well as China, the biggest emerging economies in Asia, the Minister …

Sri Lanka’s new Minister of Highways and Investment Promotion assumed duties

Jan 16, 2015 (LBO) – Sri Lanka's new Minister of Highways and Investment Promotion, Kabir Hashim and Eran Wickramaratne as Deputy Minister of Highways …

Sri Lanka’s Port City project to be reviewed: Investment Promotion

Jan 16, 2015 (LBO) – Sri Lanka’s port city project has to be fully reviewed due to its location at a high security zone , Minister of Investment …

Sri Lanka should be promoted for culture and heritage but not for entertainment: Minister

Jan 16, 2015 (LBO) –Sri Lanka will be promoted for its culture and heritage under the new government rather than a place of entertainment Minister of …

Sri Lanka appoints new secretary to lead finance ministry

Jan 12, 2015 (LBO) – Sri Lanka’s newly elected president has appointed a new secretary to lead the treasury operations in the island replacing P B …

Sri Lanka appoints temporary cabinet under President Maithripala Sirisena: Complete List

Jan 12, 2014 (LBO) - Sri Lanka's newly elected President Maithripala Sirisena appointed his maiden cabinet on Monday which comprises of 27 cabinet ministers, …

Sri Lanka’s UPFA to support Maithri’s 100-day programme

Jan 11, 2014 (LBO) – Sri Lanka’s United People’s Freedom Alliance (UPFA), said that they will support the new executive President of the …

Sri Lanka’s Central Bank Governor to resign

Jan 09, 2015 (LBO) – Sri Lanka’s Central Bank Governor Ajith Nivard Cabraal has informed His Excellency the President that he wishes to resign from …