Sri Lanka’s economic outlook, investment opportunities positive: Eran
Feb 28, 2018 (LBO) - Sri Lanka government has formulated a three-year Economic Delivery Programme to increase per capita income to US 5000 dollars, create one …
Economy
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Sri Lanka needs firm policy to mitigate future refinancing risks: Fin Min
Feb 27, 2018 (LBO) - Sri Lanka faces refinancing risks in the coming years and need a concerted and coordinated policy response to mitigate such risks, Finance …
Benefits of global oil price reduction should be passed on to people: Fin Min
Dec 24, 2018 (LBO) - As a result of the price formula introduced by the Government, the price of petrol and diesel has been reduced by Rs.30 and Rs.20 per …
Sri Lanka’s external sector improve, BOP record surplus : CB
Feb 23, 2018 (LBO) - Sri Lanka’s external sector performance continued to improve in the month of December 2017, mainly with higher inflows to the Financial …
Japanese company wins contract for Central expressway’s 3rd phase
Feb 21, 2018 (LBO) - The Government has given the go ahead to award the contract for construction of 3rd phase of Central Expressway to M/S Taisei Corporation …
Sri Lanka President promises new Economic programme
Feb 21, 2018 (LBO) - Sri Lanka's President Maithripala Sirisena said a new economic programme of the government will be finalized by the National Economic …
Sri Lanka’s Liability Management Bill presented to Parliament
Feb 20, 2018 (LBO) - The new Active Liability Management Bill, to improve public debt management, was presented to Parliament for the first reading, Monday.buy …
ADB gives USD 75mn for lending to Sri Lanka’s small businesses
Feb 16, 2018 (LBO) - Sri Lanka has decided to obtain an additional financing through a loan of US 75 million dollars from the Asian Development Bank to scale …
Construction sector challenged by continued labour shortage: report
RIU report 2018 - The construction industry is worth approximately USD 8 Bn and is already under strain owing to rising construction costs.This industry is …
CB keeps policy rates unchanged: Economy currently operating below potential
Feb 15, 2018 (LBO) - Sri Lanka will keep policy rates unchanged in February as the economy is stabilizing with improvements in trade figures, the …
Sri Lanka needs to create an environment that rewards investment: Harvard economist
Feb 14, 2018 (LBO) - Sri Lanka should move towards a simpler tariff structure, and implement direct taxes on things like income and property to maintain …
Sri Lanka’s Industrial production up 4.3-pct in Dec 2017
Feb 14, 2018 (LBO) - Sri Lanka's industrial production has increased by 4.3 percent in the month of December, 2017 compared to the same month in 2016, latest …
Sri Lanka – Iran sign mutual cooperation deal
Feb 13, 2018 (LBO) - Iran and Sri Lanka have inked a deal for further cooperation between the two nation in the areas of trade and economy. The agreements …
Auditor General reveals Rs826bn off balance sheet items of previous regime
Feb 09, 2018 (LBO) – Auditor General’s Department has found out that 826 billion rupees received during Rajapaksa regime, had not been included in the …
Sri Lanka debt sustainability: public debt Rs8.9tn; assets Rs1.1tn
Feb 09, 2018 (LBO) – Auditor General's Department says even if the total amount of domestic and foreign debt payable by the government as at 31 December 2016 …
Sri Lanka Central Bank issues clarification on media reports over Government debt
Feb 09, 2018 (LBO) - The Central Bank of Sri Lanka (CBSL) in reply to media reports on debt says it compiles and publishes central Government debt based on its …
Japan confident of Sri Lanka’s Biz climate
Feb 08, 2018 (LBO) - A Japanese business delegation, including chief executive officers and leading officials of some of the largest companies is visiting Sri …
Fitch confirms Sri Lanka ‘B+’ rating
Feb 07, 2018 (LBO) - Fitch Ratings has confirmed Sri Lanka's 'B+' rating with a stable outlook, saying revised policy framework supports the islands …
RIU to host UK-Sri Lanka Investor Forum for 3rd consecutive year in London
Colombo, Sri Lanka - The Research Intelligence Unit will be hosting its annual edition of RIU Investor Forum on Thursday May 17 2018 at the Sri Lanka High …
Top investment bank Lazard to help Sri Lanka divest non-strategic assets
Feb 05, 2018 (LBO) – World’s top advisory and asset management firms, Lazard has shown interest in Sri Lanka, with a visit this week by an international …