Economy

Sri Lanka urban price index up 9.7-pct in September

Oct 04, 2013 (LBO) - Consumer prices in Sri Lanka's urban centres rose 9.7 percent in the 12-month to September slowing from 9.9 percent in August, an index …

Sri Lanka future ready enterprise summit kicks off

Oct 04, 2013 (LBO) - A high level conference on building 'future ready enterprises' kicked off in Colombo where over 40 resource persons from Sri Lanka and the …

Sri Lanka rescues Australia-bound boatpeople

COLOMBO, October 4, 2013 (AFP) - Sri Lanka's navy has rescued 70 would-be illegal immigrants drifting on the high seas in the country's first detected case of …

Sri Lanka to grow 6.8-pct in 2013, inflation 7.0-pct: ADB

Oct 03, 2013 (LBO) – Sri Lanka's economy is forecasted to grow 6.8 percent in 2013 and inflation would be 7.0 percent, the Asian Development Bank said in …

Gold prices could fall further: Fitch Ratings

Oct 03, 2013 (LBO) - Gold prices could fall below 1,200 US dollars an ounce as the United States withdraws exceptional money printing operations and …

Sri Lanka policies help aged: UN backed study

Oct 02, 2013 (LBO) - Sri Lanka's decades long spending in education and health has made the lot of the aged among the best in Asia, a United Nations backed …

Sri Lanka’s capital to get better water supply: ADB

Oct 01, 2013 (LBO) - Sri Lanka's capital Colombo and surrounding areas will get 24 hour water supply and water losses will be plugged under a new program …

Building future ready enterprises in Sri Lanka

Sept 30, 2013 (LBO) - Some of Sri Lanka’s best brains from corporate, academic and research communities and panelists from the region will share their …

Sri Lanka inflation at 6.2 percent in September

Sept 30, 2013 (LBO) - Sri Lanka's consumer prices rose 6. online pharmacy buy cymbalta with best prices today in the USA 2 percent in September 2013 from a …

Sri Lanka cautioned against high yield foreign debt by IMF

Sept 26, 2013 (LBO) - Sri Lanka has to be careful of borrowing from abroad at high rates, amid low growth and flat state revenues, an International Monetary …

Sri Lanka exporters moving beyond labour arbitrage

Sept 25, 2013 (LBO) - Sri Lanka's high end apparel and information technology firms are moving beyond labour arbitrage to leverage knowledge and supply chain …

Sri Lanka should keep policy on hold, make structural changes: IMF

Monetary Stance Sept 25, 2013 (LBO) - Sri Lanka should keep monetary policy on hold but make structural change to boost growth, an International Monetary Fund …

Sri Lanka has to fix primary schools as well as universities

Sept 24, 2013 (LBO) - Sri Lanka has to fix its primary school system where up to half the students are failing their junior high school exam, as well as …

Sri Lanka’s first online investment application from UK oil services firm

Sept 19, 2013 (LBO) - Sri Lanka's foreign investment agency said a UK based oil services firm had been the first to use its online investment application …

Four Sri Lankans on global economics blog

Sep 19, 2013 (LBO) - Future Development: Economics to End Poverty, a blog to create a discussion on global development issues has been launched, led by World …

Sri Lanka’s BOI launches online investment portal

Sept 19, 2013 (LBO) - Sri Lanka has launched Board of Investment launched an online portal for investors to submit applications making it even easier, …

Sri Lanka holds policy rates, says lending rates easing

Sept 17, 2013 (LBO) - Sri Lanka's central bank kept its policy rate band at 7.0 and 9.0 percent saying lower pressure from the state budget deficit is expected …

Sri Lanka gets US$540mn in FDI in 2013 first half

Sept 17, 2013 (LBO) - Sri Lanka has received 540 million US dollars in foreign direct investments up to June 2013 up 20 percent from a year earlier, investment …

Sri Lanka casino resort tax breaks firmed

Sept 13, 2013 (LBO) - Tax breaks for two casino resorts including one by Australia's Crown group have been firmed with the cabinet of ministers giving the nod …

Pressure on Sri Lanka finances shown by high bond yield: opposition

Sept 14, 2013 (LBO) - Sri Lanka's willingness to go as high as 9. online pharmacy buy spiriva inhaler with best prices today in the USA buy synthroid online …