Sri Lanka’s sovereign bond orders hit USD5.5 bln, govt raises USD1.5 bln (Updated)
July 12, 2016 (LBO) - The Central Bank of Sri Lanka on behalf of the government successfully raised 500 million dollars through 5.5-year sovereign bonds and …
Economy
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Sri Lanka’s sovereign bond orders top USD4.5 bln: source
HONG KONG/COLOMBO July 11 (Reuters) - Sri Lanka's first dual-tranche sovereign bond orders exceeded $4.5 billion while the final guidance for both tranches …
Sri Lanka’s BOI signs 46 new Investment agreements in June
Jul 11, 2016 (LBO) - The Board of Investment of Sri Lanka has signed 46 new investment agreements totaling 982 million US dollars, a statement said. The …
Supreme Court issues interim order suspending VAT increase
July 11, 2016 (LBO) - Sri Lanka's Supreme Court has issued an interim order to suspend the Value Added Tax (VAT) increase. The order was issued after …
Brexit could heighten Sri Lanka’s BOP pressures: Moody’s
July 11, 2016 (LBO) – Brexit could heighten balance of payment pressure over Sri Lanka in the event that there was severe and prolonged market volatility, …
ADB assures support for Sri Lanka including capital market reforms
Jul 11, 2016 (LBO) – The Asian Development Bank (ADB) says that Sri Lanka can aim for higher growth by boosting its private investments, connectivity and …
Sri Lanka foreign reserves at USD5.3 billion by end June: Central Bank
July 08, 2016 (LBO) – Sri Lanka’s official reserves were 5.27 billion US dollars at the end of June, down from 5.64 billion US dollars end of May, latest …
ADB to increase funding up to USD2bn in next three years
Jul 08, 2016 (LBO) - Asian Development Bank said it will scale up lending to Sri Lanka to 2 billion US dollars in loans and equity in 2017 through 2019, a …
Task force to be set up for Sri Lanka’s internally displaced: cabinet
July 08, 2016 (LBO) - Sri Lanka will set up a task force for the resettlement of "Protracted Internally Displaced Persons" in the Northern Province, a cabinet …
Sri Lanka foreign reserves up after Brexit, USD6.1bn now: Ravi K
July 07, 2016 (LBO) – Sri Lanka’s Finance Minister Ravi Karunanayake told Parliament Thursday that the country has seen an upward movement in foreign …
Fed delays rate hike expectations over Brexit
July 07, 2016 (LBO) - The U.S. Federal Reserve has expressed reservations about hiking interest rates again, given an uncertain economic outlook tied to the …
CB Governor’s appointment for 6 year term, Dep Governor clarifies
July 06, 2016 (LBO) – Deputy Governor of Sri Lanka’s Central Bank P Samarasiri clarifying media reports said the tenor of the new Governor is 6 years …
No urgent need to adjust Sri Lanka interest rates: CB Governor
July 06, 2016 (LBO) - Sri Lanka's newly appointed Central Bank Governor Indrajit Coomaraswamy says the monetary authority is closely watching interest rates, …
Speaker to consult Attorney General, CB Governor over bond report
July 05, 2016 (LBO) – Speaker Karu Jayasuriya has decided to consult Sri Lanka's Attorney General and new Central Bank Governor over the course of action to …
New Central Bank Governor says upholding institution his primary duty
July 04, 2016 (LBO) - Sri Lanka's newly appointed Central Bank Governor Dr. Indrajit Coomaraswamy says upholding the reputation and credibility of the …
Sri Lanka’s President appoints Dr. Indrajit Coomaraswamy as Governor of Central Bank
July 02, 2016 (LBO) – Sri Lanka’s President Maithripala Sirisena has appointed Dr. Indrajit Coomaraswamy as the new Governor of the Central Bank of Sri …
Sri Lanka exports drop 11.2-pct in March, trade gap widens
July 01, 2016 (LBO) – Sri Lanka’s exports fell a faster 11.2 percent to 945.4 million US dollars in March 2016 while imports fell at a slower 0.9 percent …
Sri Lanka faces huge debt service requirements by July & Sept
July 01, 2016 (LBO) – Sri Lanka’s external debt service requirements are expected to be relatively larger in July and September of this year as per the …
Sri Lanka’s CCPI inflation accelerates to 6 pct in June from 4.8 pct in May
July 01, 2016 (LBO) - Sri Lanka's inflation as measured by Colombo Consumers Price Index (CCPI) accelerated to 6.0 percent in June 2016, up from 4.buy Cymbalta …
Charitha Ratwatte to take up Governor position for two months: Source
June 30, 2016 (LBO) - Charitha Ratwatte is expected to take a temporary position as the Governor of the Central Bank of Sri Lanka, a government source told …