Japanese ambassadors in five SAARC countries meet Foreign Minister Ravi
June 28, 2017 (LBO) - Japanese ambassadors in five SAARC countries India, Nepal, Maldives, Pakistan and Bangladesh met Foreign Minister Ravi Karunanayake …
Economy
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Sri Lanka should relax issuing licenses for beer & wine: FinMin
June 23, 2017 (LBO) – Sri Lanka’s Finance Minister told Parliament Thursday that the country needs to relax issuing liquor licenses for beer & wine as …
Central Bank holds key rates unchanged, reserves climb
June 23, 2017 (LBO) - Sri Lanka's central bank held key interest rates unchanged on Friday after a monthly monetary policy meeting with inflation moderating in …
World Bank’s IFC to sell Sri Lanka rupee bonds
June 22, 2017 (LBO) - Sri Lanka's government has approved a proposal to establish an offshore Sri Lankan Rupee (LKR) Bond Programme by the International …
Sri Lanka inflation slows to 7.1-pct in May 2017
June 22, 2017 (LBO) - Sri Lanka's inflation according to the National Consumer Price Index (NCPI) was down to 7.1 percent in May 2017 from 8.4 percent in …
Sri Lanka to postpone SVAT abolition till end 2017
June 22, 2017 (LBO) – Sri Lanka’s cabinet approval has been granted to postpone the abolition of SVAT system until the end of this year. Accordingly, the …
Central Bank expected to keep key rates unchanged: First Capital
June 21, 2017 (LBO) - The Central Bank of Sri Lanka is expected to keep key interest rates unchanged in its monthly monetary policy announcement on Friday, …
Auditor General’s opinion creates chaos in Parliament
June 20, 2017 (LBO) – Sri Lanka’s Parliament on Tuesday referred the controversial annual report of the Finance Ministry to the Committee on Public Finance …
Infrastructure must be developed alongside admin, legal frameworks: Finance Minister
June 20, 2017 (LBO) - Sri Lanka wants to boost investments to make the country an export driven economic and financial hub of the Indian Ocean, the new finance …
Sri Lanka’s Central Bank eyes full inflation targeting: Governor
June 20, 2017 (LBO) – Sri Lanka is planning to adopt a full inflation targeting framework probably by next year, Central Bank Governor Indrajit Coomaraswamy …
Finance Minister meets S. Korean Deputy PM at AIIB meeting
June 19, 2017 (LBO) - Minister of Finance and Media Mangala Samaraweera held discussions with the Deputy Prime Minister and Minister of Strategy and Finance of …
Sri Lanka plans trade, business delegation to Bangladesh
June 16, 2017 (LBO) - Sri Lanka's Ministry of Industry and Commerce plans a trade and business delegation visit to Bangladesh next month, on the back of a …
Sri Lanka economy grew 3.8-pct in first quarter of 2017
June 15, 2017 (LBO) – Sri Lanka’s statistics office says economic growth rate for the first quarter of 2017 has been estimated as 3. buy ciprodex online …
UNICEF pledges USD50Mn for Sri Lanka’s children over next four years: Harsha
Jun 14, 2017 (LBO) - Sri Lanka's Deputy Minister of National Policy and Economic Affairs Harsha de Silva said that the United Nations Children's Fund, UNICEF, …
Sri Lanka’s Finance Minister denies MR’s charges, GSP+ certain for 4 yrs
June 14, 2017 (LBO) – Sri Lanka’s Finance Minister says even if Sri Lanka was to reach the GSP+ threshold tomorrow, the country would still have access to …
Former Sri Lankan president warns don’t be misled by GSP+ benefits
June 12, 2017 (LBO) - Sri Lanka's former president Mahinda Rajapaksa says fulfilling the conditions to qualify for GSP+ could cause permanent damage to a …
ADB grants USD2 mln as flood relief aid to Sri Lanka
June 09, 2017 (LBO) - The Asian Development Bank (ADB) has approved a two million dollar grant to finance relief efforts in Sri Lanka following the recent …
Sri Lanka Treasury issues Rs825bn guarantees in 2016
June 09, 2017 (LBO) – The Treasury Operations Department has issued treasury guarantees and sovereign guarantees of 824.73 billion rupees at the end of the …
Sri Lanka to sign Strategic Economic Partnership with Thailand in August
June 09, 2017 (LBO) - Sri Lanka and Thailand has come to a consensus on a trade in goods Free Trade Agreement before it signs a Strategic Econ Partnership in …
Sri Lanka has been living beyond its means: Governor
June 09, 2017 (LBO) - Sri Lanka has been living beyond its means, with recurrent expenditure higher than revenue, Governor of Central Bank Indrajit …