LKR depreciation unwarranted; Reserves to reach US$ 11Bn by June 2018 :CB
May 17, 2018 (LBO) - The Central Bank of Sri Lanka says the underlying fundamentals do not warrant the current pressure on the Sri Lanka rupee. The rupee …
May 17, 2018 (LBO) - The Central Bank of Sri Lanka says the underlying fundamentals do not warrant the current pressure on the Sri Lanka rupee. The rupee …
May 16, 2018 (LBO) – Sri Lanka has been classified as a highly vulnerable country to debt distress of China’s Belt and Road Initiative (BRI) in a recent …
May 16, 2018 (LBO) - The Lanka Private Bus Owners' Association (LPBOA) and Inter-Provincial Private Bus Association (IPPBA) said it cannot accept the Cabinet …
May 14, 2018 (LBO) – Moody’s Investors Service said the probability of an interest rate shock tends to be higher for Sri Lanka as the country is most …
May 14, 2018 (LBO) - Iranian President Hassan Rouhani said that relations between Iran and Sri Lanka will be developed in all fields, stressing that the two …
May 14, 2018 (LBO) - Sri Lanka's will grow at 3.7 percent in the first quarter of 2018, althought this below the islands potential, the Governor of the …
May 11, 2018 (LBO) - The Asian Development Bank’s (ADB) has approved a US 100 million dollars results-based loan as additional financing for the Government …
May 11, 2018 (LBO) – Sri Lanka's gross official reserve position had improved to 9.9 billion US dollars by end April, the record highest level in history …
May 11, 2018 (LBO) – Monetary Board of the Central Bank at its meeting held on 10 May 2018 has decided to maintain policy interest rates at their current …
May 11, 2018 (LBO) - Fuel prices in Sri Lanka will be revised every two months under a new cabinet approved pricing formula, Finance Minister Mangala …
May 10, 2018 (LBO) - Sri Lanka has increased the prices of petrol and diesel following a cabinet decision to approve a fuel pricing formula. Petrol (92 …
May 10, 2018 (LBO) –The European Union has launched a 810 million rupee project to support the modernization of Sri Lanka's agriculture sector. The project …
May 09, 2018 (LBO) – Sri Lanka’s statistics office said that the estimated unemployment rate for 2017 has been 4.2 percent. Unemployed persons are defined …
Statement made by Hon. MangalaSamaraweera, Minister of Finance and Media of Sri Lanka at the Business Session of the Asian Development Bank’s 51st Annual …
May 08, 2018 (LBO) - Real estate consultancy Jones Lang La Salle (JLL) says the strong surge in tourist arrivals and earnings, which could be further enhanced …
May 04, 2018 (LBO) – Sri Lanka's Finance Minister Mangala Samaraweera who is attending the 51st Annual meeting of the ADB in Manila had discussions with …
May 04, 2018 (LBO) - Sri Lanka’s plans to enhance its investment climate by introducing mechanisms aimed at reducing red tape and speeding up key processes …
May 03, 2018 (LBO) - The Sri Lanka rupee hit a new low of 157.90/158.00 rupees against the US dollar during morning trade in the spot market. The rupee closed …
May 03, 2018 (LBO) - Tokyo based high-tech research and development startup is planning Sri Lanka’s first ever large, industry scale electric vehicle (EV) …
May 03, 2018 (LBO) – Sri Lanka's Central Bank said recent indicators reflect positive sentiment expressed by external foreign parties regarding the …