Sri Lanka exporters protest gazette on repatriation of funds
Apr 25, 2016 (LBO) - Sri Lankan exporters have begun to protest after the Finance Ministry issued a gazette notification requiring the repatriation of funds …
Economy
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Interview: Sri Lanka wants infrastructure that generate revenue, says Niroshan Perera
Apr 22, 2016 (LBO) - Sri Lanka will move ahead with development projects that generate revenue while strengthening accountability of state institutions to …
Sri Lanka’s President opposes planned VAT hike
Apr 19, 2016 (LBO) - Sri Lanka's President Maithripala Sirisena, in a public address on Monday, said he would not support tax increases that burden the people. …
Sri Lanka among Asia’s top 10 FDI hotspots: US think tank
Apr 18, 2016 (LBO) - IHS Global Insight, a United States-based think tank, has listed Sri Lanka as one of the top 10 foreign direct investment (FDI) …
Central Bank sees monetary policy stance as appropriate
Apr 18, 2016 (LBO) - Sri Lanka's Central Bank, in response to an opinion column, states that its monetary policy stance holding interest rates unchanged on …
Sri Lanka economy adjusting, may receive USD1-1.25 bln from IMF: CB
Highlights from press conference: * GDP grew 4.8 pct in 2015, vs 4.9 pct 2014 * Sri Lanka may receive around USD 1-1.25 billion IMF support: Governor * USD500 …
Three member committee to streamline Chinese projects in Sri Lanka
Apr 12, 2016 (LBO) – Sri Lanka’s Prime Minister Ranil Wickremesinghe has pledged to China to appoint a three-member high powered committee to streamline …
Sri Lanka makes progress towards IMF facility: IMF mission
Apr 11, 2016 (LBO) - Sri Lanka has made significant progress toward reaching an International Monetary Fund (IMF) support facility, which could get approval …
IMF supports negative policy rates to spur economies
Apr 11, 2016 (LBO) - IMF supports negative policy rates by some central banks given the significant risks to the outlook for growth and inflation, a blog by …
Sri Lanka PM wants equity swap for USD8 bln debt to China
Apr 11, 2016 (LBO) - Sri Lanka's Prime Minister Ranil Wickremesinghe has asked China to swap part of the 8 billion dollars it owes the nation into equity in …
China grants 500mn Yuan symbolizing Sino-Lanka friendship
Apr 08, 2016 (LBO) – Chinese Premier Li Keqiang has pledged a grant of 500 million Yuan to Sri Lanka symbolizing Sino-Lanka friendship, the Prime …
Correction: Names of Sri Lankans in Panama Papers not yet released
CORRECTION - Names of individuals in the Panama Papers have not yet been released. online pharmacy buy ciprodex with best prices today in the USA online …
Location, access to markets key for investors in Sri Lanka: CCC Survey
Apr 06, 2016 (LBO) - Sri Lanka is a unique business destination for foreign investors because of its strategic location and access to both east and west sea …
Panama Papers rock financial world, three Sri Lankan companies in list
Apr 05, 2016 (LBO) - A huge leak of documents has rocked the financial world revealing how some among the rich and powerful use tax havens to hide their …
India likely to cut rates, eyes on FOMC minutes
Apr 04, 2016 (LBO) - Both the Reserve Bank of India and the Reserve Bank of Australia will announce interest rate decisions on Tuesday, with Moody's Analytics …
Final decision on VAT next week, says State Finance Minister Lakshman Yapa
Apr 01, 2016 (LBO) – The final decision on Value Added Tax will be taken by next Friday, State Finance Minister Lakshman Yapa Abeywardena told …
Sri Lanka’s BOI signs 16 agreements for first 2 months of 2016
Apr 01, 2016 (LBO) – The Board of Investment of Sri Lanka has signed 16 new project agreements for the first two months of this year. The said agreements …
Truth behind USD 6,361mn loans of this government: Harsha de Silva
Apr 01, 2016 (LBO) – Sri Lanka’s Deputy Foreign Minister Harsha de Silva has denied the allegations that present government is taking huge loans but not …
I practiced strict financial discipline & management, says President
Apr 01, 2016 - Sri Lanka's President Maithripala Sirisena says he has fulfilled his duties and responsibilities in an appropriate manner during the last year …
Colombo inflation accelerates 2.0-pct in March 2016
Mar 31, 2016 (LBO) – Consumer prices in Sri Lanka’s capital Colombo has accelerated 2. online pharmacy buy abilify with best prices today in the USA 0 …