Chevron plans to expand local and regional presence
May 04, 2016 (LBO) – Chevron Lubricants Lanka said that they have no immediate plans to go to new markets but will focus on growing local and regional …
Markets
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CSE to change methodology to calculate price multiples
May 04, 2016 (LBO) - Sri Lanka's Colombo Stock Exchange (CSE) said it would use quarterly earnings to calculate price multiples from May 3, 2016. online …
Sri Lanka budget deficit climbs, economy at USD82.3 billion
Highlights from press conference: - Budget deficit climbs to 7.4% in 2015 vs 5.7% in 2014 - Economy valued at $82.3 billion - Balance of payments deficit at …
Sri Lanka holds rates unchanged after policy meeting
Apr 26, 2016 (LBO) - Sri Lanka's monetary board held interest rates unchanged after a monthly policy meeting to allow time for recent tightening to take its …
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 …
Ceylon Dollar Bond Fund records 8.82 percent dollar return
Apr 11, 2016 (LBO) - The Ceylon Dollar Bond Fund (CDBF) that invests in Sri Lanka Dollar Sovereign Bonds and Bank Bonds has recorded an 8.82 percent per annum …
Sri Lanka to sign MOU with China to enhance market liquidity
Apr 07, 2016 (LBO) – Sri Lanka’s Prime Minister Ranil Wickremesinghe who is currently on an official visit to China is to sign an MOU in view of …
We don’t want to see companies getting delisted: Securities Regulator
Apr 07, 2016 (LBO) – Sri Lanka’s securities regulator has invited listed companies to send their suggestions on the minimum public float rule as they seem …
S&P and CSE Sector and Industry Group Indices launched
Apr 06, 2016 (LBO) – S&P Dow Jones Indices, one of the world’s leading index providers, and the Colombo Stock Exchange today jointly announced the …
SEC to engage listed companies on Minimum Public Float
Apr 04, 2016 (LBO) - The Securities and Exchange Commission of Sri Lanka (SEC) with the participation of the Colombo Stock Exchange (CSE) will conduct a forum …
Sri Lanka plans to issue up to USD3 bln in international sovereign bonds
Mar 30, 2016 (LBO) - Sri Lanka plans to issue international sovereign bonds up to three billion dollars in 2016, the Central Bank said, in a request for …
Sri Lanka rates held unchanged after monetary policy meeting
Mar 29, 2016 (LBO) - Sri Lanka's monetary board held interest rates unchanged after a monthly monetary policy meeting, surprising some market participants who …
CSE seeks foreign listings on proposed dollar denominated Board
The Colombo Stock Exchange (CSE) and the Maldives Stock Exchange (MSE), in association with the Capital Market Development Authority of Maldives (CMDA), acting …
Prime Minister orders an investigation into CSE power failure
Mar 24, 2016 (LBO) – Sri Lanka’s Prime Minister has ordered an investigation into the sudden power failure reported recently at the Colombo Stock Exchange. …
Markets mixed after deadly attacks in Brussels
Mar 23, 2016 (LBO) European markets recovered from early losses after deadly attacks in Brussels killed 31 people and injured more than 230. France's CAC and …
CSE Wins Global HR Excellence Award
The Colombo Stock Exchange (CSE) won the award for “The Most Innovative Use of Training and Development” at the recently concluded World …
Investment Summit: Sri Lanka bonds attractive in Asia, say officials
Singapore, Mar 18, 2016 (LBO) - With Sri Lanka never defaulting on sovereign debt, rupee bonds are an attractive proposition within the bond offerings in Asia, …
Sri Lanka foreign reserves at USD6.6bn; IMF support by mid 2016
Mar 16, 2016 (LBO) – Sri Lanka’s gross official reserves were estimated at 6.6 billion US dollars by today, Special Assignments Minister Sarath Amunugama …
Sri Lanka Investment Summit to kick off in Singapore
Mar 12, 2016 (LBO) - Sri Lankan and international delegates will congregate at the Sri Lanka Investment Summit in Singapore on Tuesday, with the island …