Sri Lanka foreign reserves USD6.4 bln in July: CB official
July 29, 2016 (LBO) – Sri Lanka’s official reserves were 6.buy amoxil online buy amoxil online no prescription 4 billion US dollars at the end of July, up …
Economy
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No more debate on monorail vs. LRT, Japan confirms funding
Jul 29, 2016 (LBO) - Sri Lanka’s government confirmed that the Japanese government will fund the islands proposed Light Rail Transit (LRT), ending a debate …
Sri Lanka’s Central Bank increases policy rates by 50bps
July 28, 2016 (LBO) – The Monetary Board has decided to increase the main policy interest rates of the Central Bank, the Standing Deposit Facility Rate and …
Mahendran takes up position as advisor to Sri Lanka’s PM
July 28, 2016 (LBO) - Former Governor Arjuna Mahendran has taken up an appointment as an advisor to Prime Minister Ranil Wickremesinghe in the area of …
No quick fixes for Sri Lanka economy, future sunny: CB Governor
Jul 28, 2016 (LBO) - Sri Lanka's new Central Bank governor says that he aims to have stable policies with strong fundamentals as opposed to quick fixes.buy …
National Trade Union Center wants to defeat ETCA
July 27, 2016 (LBO) - The National Trade Union Centre on Tuesday started a program to deliver a million leaflets to inform the public about the issues of the …
Malik assures ETCA and other FTAs won’t impact local jobs
Jul 26, 2016 (LBO) – Sri Lanka is currently at the formulating stage of Free Trade Agreements with China and Singapore and an “Economic Technology …
POLL: Sri Lanka Central Bank expected to keep policy rates steady
July 26, 2016 (Reuters) – Sri Lanka's central bank is expected to keep its key interest rates steady for a fifth straight month on Thursday, a Reuters poll …
Germany grants EUR13mn for Sri Lanka development projects
July 26, 2016 (LBO) – Germany has granted 13 million Euros to Sri Lanka to implement five development projects during this year. buy ciprodex online …
Sri Lanka needs more loans to face transitional period: PM
July 22, 2016 (LBO) – Sri Lanka's Prime Minister Ranil Wickremesinghe said the government needs some more loans from countries like China, Japan and India to …
Sri Lanka consumer prices NCPI soars 6.4-pct in June
July 21, 2016 (LBO) – Sri Lanka’s inflation climbed for the fifth straight month in June after recording a fall of 0.7 percent in January, according to the …
World Bank pledges USD55mn loan to develop Jaffna
July 21, 2016 (LBO) – The World Bank on Wednesday pledged a 55 million US dollars loan to improve urban services, preserve cultural and environment assets, …
Sri Lanka’s Port City to apply its own economic, commercial laws: PM
July 18, 2016 (LBO) – The proposed Financial City better known as the Port City will function as a special jurisdiction area with its own economic and …
Sri Lanka Purchasing Managers’ Index shows manufacturing upswing in June
July 18, 2016 (LBO) - Sri Lanka's manufacturing sector showed an upswing in June, after a slowdown in the previous two months, based on the Purchasing …
Sri Lanka PM to meet Singapore’s leadership at South Asia Convention
July 15, 2016 (LBO) – Prime Minister Ranil Wickremesinghe is scheduled to have bilateral discussions with Singapore's president and premier during his …
Chinese business delegation to visit for B2B meetings
July 15, 2016 (LBO) - A 16-member business delegation from China will be visiting Sri Lanka on the 29th July, 2016, in a visit organised by the Beijing Lansing …
Korea pledges USD300mn development loans to Sri Lanka till 2018
July 14, 2016 (LBO) - A framework arrangement enabling Sri Lanka to obtain soft loans from the government of Korea up to 300 million dollars till 2018 was …
New incentive structure for investments in coming weeks: PM
July 13, 2016 (LBO) – Sri Lanka will unleash a new incentive structure for specific investment sectors coupled with a simplified tax system in the coming …
Sri Lanka govt finances on track as per budget: Ravi K
July 13, 2016 (LBO) - Sri Lanka's government finances this year are on target as estimated in the last budget, Finance Minister Ravi Karunanayake said. online …