Economy
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Sri Lanka foreign reserves drops USD154mn in Sept: Central Bank
Oct 08, 2016 (LBO) – Sri Lanka’s official reserves dropped 153.8 million US dollars to 6.5 billion dollars in September, down from 6.6 billion dollars at …
Sri Lanka to sign ETCA by end 2016: PM at India Economic Summit
Oct 07, 2016 (LBO) – Sri Lanka expects to sign the Economic and Technology Co-operation Agreement (ETCA) with India by the end of this year, Prime Minister …
Central Bank, immigration office to tackle money laundering
Oct 06, 2016 (LBO) – Sri Lanka’s Central Bank has joined with the immigration office to receive information in order to facilitate investigations and …
Sri Lanka’s growth will be below average for South Asia: World Bank
Oct 05, 2016 (LBO) - Sri Lanka’s growth will be below average for South Asia which the World Bank expects to grow by 7. buy lariam online …
No 100 percent tax waivers given to Beer Company: Finance Ministry
Oct 04, 2016 (LBO) – Sri Lanka’s Finance Ministry says there is no truth that a beer manufacturing company has been given concessions for imports which …
Sri Lanka plans to levy heavy penalties for tax defaulters in 2017
Oct 04, 2016 (Reuters) – The Sri Lankan government plans to impose heavy penalties for tax defaulters and expand tax offices across the country as it aims …
Many economies yet to adopt good practices in PPP: WB
Oct 04, 2016 (LBO) - The World Bank has in a report set out new benchmarks for public-private partnerships (PPP) procurement across 82 economies. "Many …
Sri Lanka’s Global Competitiveness rank reflects exports, govt weakness: WEF report
Oct 04, 2016 (LBO) - Sri Lanka fell three notches to 71st in terms of the Global Competitiveness Index for 2016-2017 compiled by the World Economic Forum, with …
Sri Lanka adds more taxes for smokers
Sep 30, 2016 (LBO) - Sri Lanka's Cabinet has approved a 15 percent Value Added Tax (VAT) and 5.buy doxycycline online buy doxycycline online no prescription 00 …
Infrastructure: Sri Lanka’s ministries should be aligned to be more effective
Sep 30, 2016 (LBO) – Sri Lanka's budget allocations for national road development are high, but it needs to be attuned to needs, and ministries should be …
Sri Lanka can meet 5.4-pct budget deficit target for 2016: Ravi
Sep 30, 2016 (LBO) - Finance Minister Ravi Karunanayake said Sri Lanka is well on its way to achieving the fiscal target for 2016 as the Value Added Tax …
CB Governor says 2Q growth should be higher than 2.6-pct
Sept 28, 2016 (LBO) – Sri Lanka’s second quarter economic growth for this year should be higher than the published 2.6 percent, Central Bank Governor said. …
ADB lowers Sri Lanka growth in 2016 to 5-pct from 5.3-pct
Sep 28, 2016 (LBO) - The Asian Development Bank (ADB) has lowered the economic growth forecast for Sri Lanka to 5. buy tamiflu online …
Sri Lanka Central Bank holds key interest rates unchanged
Sept 28, 2016 (LBO) - Sri Lanka's Monetary Board held key interest rates unchanged with slow second quarter growth in the economy, despite credit growth to the …
POLL: CB to stand pat this wk, assessing impact of previous hikes
Sept 26, 2016 (Reuters) – Sri Lanka's central bank is expected to keep its key interest rates steady on Wednesday, after cutting three times since December …
IMF mission says delay in VAT law may postpone review
Sept 23, 2016 (LBO) – The IMF mission currently in Sri Lanka says they may have to postpone their review a bit if the proposed VAT legislation will get …
ADB to give Sri Lanka USD24.2Mn for transport feasibility studies
Sep 23, 2016 (LBO) - The Asian Development Bank (ADB) will help Sri Lanka prepare studies and designs for new road, railway, and port projects to assure the …
Sri Lanka’s Financial Intel Unit signs MOU with Singapore authority
Sept 22, 2016 (LBO) - The Financial Intelligence Unit of the Central Bank of Sri Lanka (FIU) has entered into a memorandum of understanding with the Suspicious …
Sri Lanka nationwide inflation declines to 4.5-pct in Aug 2016
Sept 21, 2016 (LBO) – Sri Lanka’s consumer prices as measured by National Consumer Price Index declined to 4. online pharmacy buy ciprodex with best prices …