Sri Lanka foreign reserves show signs of depletion: First Capital Research
Feb 19, 2020 (LBO) – First Capital Research expects Sri Lanka's foreign reserves to fall to around 7 billion US dollars by June this year due to the debt …
Feb 19, 2020 (LBO) – First Capital Research expects Sri Lanka's foreign reserves to fall to around 7 billion US dollars by June this year due to the debt …
Feb 18, 2020 (LBO) - The deficit in the trade account widened in December 2019 to US dollars 784 million, from US dollars 701 million in December 2018, led by …
Feb 14, 2020 (LBO) – A National Salaries Commission has been established to provide guidance and assistance to the Government in formulating and executing a …
Sri Lanka currently ranks 104 out of 162 countries for Economic Freedom (Economic Freedom of the World Index, 2019). This is a 7 step drop from last year’s …
Feb 11, 2020 (LBO) - A revival in economic activity can be expected in 2020 with the support of better fiscal and monetary measures with Sri Lanka also looking …
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Feb 08, 2020 (LBO) – IMF staff concluding a visit to Sri Lanka said that the country's primary deficit could widen further to 1.9 percent of GDP in 2020, due …
Feb 07, 2020 (LBO) – Sri Lanka’s gross official reserves were 7.5 billion US dollars (USD7,526mn) by the end of January, down from 7.6 billion US dollars …
Feb 01, 2020 (LBO) – Headline inflation as measured by the year-on-year change in the Colombo Consumer Price Index increased to 5.4 percent in January 2020 …
Jan 31, 2020 (LBO) – The World Bank and Sri Lanka has identified several new areas of development cooperation in addition to the World Bank-funded existing …
Jan 30, 2020 (LBO) – Sri Lanka's economic growth will exceed 4 percent in 2020 as there has been a notable improvement in business confidence caused by …
Jan 28, 2020 (LBO) – Former Chairman of the COPE Committee, JVP Parliamentarian Sunil Handunnetti has written to the President requesting that the law be …
Nipuni Perera Advances in technology have made nearshoring - the practice of shifting production operations to a nearby country closer to the end market - and …
Jan 22, 2020 (LBO) – Sri Lanka’s Finance Ministry announced the list of tax changes introduced in the proposed Inland Revenue Amendment Bill which is to be …
Jan 22, 2020 (LBO) – Sri Lanka's headline inflation as measured by the year-on-year change in the National Consumer Price Index increased to 6.2 percent in …
Jan 21, 2020 (LBO) – Sri Lanka's Cabinet of Ministers have approved the proposal to amend the Inland Revenue Act to reflect new tax proposals introduced by …
Jan 20, 2020 (LBO) – Sri Lanka's debt moratorium for SMEs is credit negative for Sri Lankan banks and the sovereign because it risks increasing SMEs' risk …
Jan 17, 2020 (LBO) – Sri Lanka's trade deficit contracted marginally in November 2019 (year-on-year), with both imports and exports declining, the latest …
Jan 16, 2020 (LBO) - Ratings agency Standard & Poor’s said it revised its outlook on Sri Lanka’s credit rating to negative from stable, citing …
Jan 14, 2020 (LBO) - The World Bank has forecast Sri Lanka’s economic growth for 2020 at 3.3 percent, the bank said in a statement. online pharmacy buy …