Sri Lanka’s outlook remains stable but is conditional on reforms: World Bank
June 28, 2018 (LBO) – World Bank says a challenging domestic political environment has already taken a toll, slowing down some reforms and complicating the …
Economy & Markets
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Central Bank says no involvement in manipulating GDP estimates
June 28, 2018 (LBO) – Sri Lanka’s Central Bank says allegations that the Central Bank is involved in manipulating Gross Domestic Product (GDP) estimates …
Anilana (ALHP) investor to make mandatory offer at 18% premium
June 28, 2018 (LBO) - The Securities and Exchange Commission of Sri Lanka (SEC) has approved investment into Anilana Hotels and Properties (ALHP) by …
More pain as afternoon selloff takes Sri Lanka stocks to lowest close in 2018
June 26, 2018 (LBO) - The Colombo Stock Exchange sold off in the afternoon after being up for the first half of the session. The selloff took the market to the …
IMF working paper suggests new Keynesian models for monetary policy decisions
June 26, 2018 (LBO) – An International Monetary Fund (IMF) working paper released yesterday suggested the Central Bank of Sri Lanka use new Keynesian models …
Vallibel Finance crosses Rs.1Bn mark for net profits
Jun 26, 2018 (LBO) - Vallibel Finance PLC crossed the one billion rupee net profit mark with the company announcing its income statement for the financial …
Apartments only 1.7-pct of Colombo’s living units: Pradeep Moraes
Jun 26, 2018 (LBO) - Contrary to popular perception, apartments currently account for only 1.7 per cent of Colombo’s residential facilities despite the …
Colombo Stock Exchange (CSE) turnover starts the week at embarrassing levels
June 25, 2018 (LBO) - Colombo stocks started the week slowly with both major Sri Lanka equity indices (ASPI and S&P SL 20) finishing slightly in the red. …
Sri Lanka development bond issue oversubscribed, 4 year bids rejected
June 25, 2018 (LBO) – The issue of Sri Lanka development bonds amounting to 700 million US dollars have been oversubscribed with 937 million dollars of bids …
Enterprise Sri Lanka to strengthen local entrepreneurs: President
Jun 25, 2018 (LBO) - Sri Lanka's President Maithripala Sirisena says as we introduce Credit Programmes for entrepreneurs, a joint programme implemented by all …
SEC, CSE launch ‘Empower’ for SME’s
Jun 25, 2018 (LBO) - The Securities and Exchange Commission of Sri Lanka (SEC) together with the Colombo Stock Exchange (CSE) will launch “Empower” - the …
Tokyo Cement (TKYO) reports a loss as Sri Lankan construction industry slows in Q1
June 24, 2018 (LBO) - The Central Bank of Sri Lanka recently released its first quarter GDP report. Growth was a tepid 3.2% for the quarter ended March 31, …
Colombo stocks in a slumber to finish the week
June 22, 2018 (LBO) - The Colombo Stock Exchange finished the week with not a bang, but a whimper. Stocks finished flat with both major indices (ASPI and S&P …
PropertyGuru Asia Property Awards (Sri Lanka) 2018 finalists announced
Jun 22, 2018 (LBO) - Sri Lanka’s best developers are now officially finalists for the second annual PropertyGuru Asia Property Awards (Sri Lanka) …
Uswatte opens state-of-the-art biscuit factory in Millaniya
Jun 22, 2018 (LBO)- Uswatte Confectionery Works, Sri Lanka’s oldest confectionery manufacturer opened their latest factory in their premises at Millaniya. …
Anilana (ALHP) reports another loss as east coast tourism struggles
June 21, 2018 (LBO) - Colombo Stock Exchange listed Anilana released financial results for the quarter and the year ended March 31, 2018. online pharmacy buy …
Sri Lanka May inflation 2.1-pct, Up from April 2018
Jun 22, 2018 (LBO) - Sri Lanka’s headline inflation measured by National Consumer Price Index (NCPI) rose to 2.1 in May, the Census and Statics Department …
Colombo stocks snap losing streak, turnover weak
June 21, 2018 (LBO) - The stock market in Sri Lanka finally snapped a long losing streak finishing up slightly on the day. The major indices (ASPI and the S&P …
Sri Lanka to develop internal air transport : 5 firms come forward
Jun 21, 2018 (LBO) - Sri Lanka's government and cabinet of ministers has given the go ahead to carry out an overhaul in the domestic aviation industry and …
Opinion: Stock Brokerages in Sri Lanka should publish audited accounts on the CSE website
June 21, 2018 (LBO) - Choosing a stock broker in Sri Lanka can be a confusing process. buy nolvadex online …