Sri Lanka Securities Exchange Act to be presented in Parliament
Oct 25, 2017 (LBO) - Sri Lanka's cabinet of Ministers has given their nod to publish in the gazette and present in parliament for approval the new Securities …
Economy & Markets
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2017 budget promises mostly concealed or breached: Research
Oct 24, 2017 (LBO) – A research firm has found out that promises included in the 2017 budget shows poor action with over a half of key budget proposals …
Sri Lanka gets USD73Mn from Saudi Fund for Development
Oct 24, 2017 (LBO) - Sri Lanka's Government has signed two agreements amounting to US 73 million dollars with the Saudi Fund for Development (SFD) to provide …
Mastercard Opens-Up Access to Blockchain API for Partner Banks and Merchants
(PRESS RELEASE) - Provides connections into other Mastercard APIs to create new digital commerce experiences; API to be featured at Money20/20 Hackathon New …
Sri Lanka’s CSE hosted at NASDAQ at market site
Oct 23, 2017 (LBO) - Representatives of the Colombo Stock Exchange (CSE) and the Securities and Exchange Commission of Sri Lanka (SEC) were recently hosted by …
PM to introduce liability Mgmt. fund; funds to be raised with transparency
Oct 20, 2017 (LBO) – Sri Lanka’s Prime Minister told Parliament Friday that they will introduce a comprehensive secondary market trading platform and a …
Sri Lanka targets USD5bn FDI per year; per capita income to USD5,000: PM
Oct 20, 2017 (LBO) – Sri Lanka is looking at increasing foreign direct investment to 5 billion US dollars per year under a 3-year economic delivery …
Sri Lanka – Pakistan open consultation after 3 years, targets US1Bn trade by 2018
Oct 19, 2019 (LBO) - The fifth Sri Lanka-Pakistan Foreign Office Consultations were held recently in Colombo, after a lapse of three years with the meeting of …
Sri Lanka export up 15.5-pct, Trade deficit widens
Oct 19, 2017 (LBO) - Sri Lanka's earning from exports increased by 15.5 percent (year-on-year) to US 1,001 million dollars in August 2017 with growth seen in …
External pressures constrain Sri Lanka’s credit profile: Moody’s
Oct 17, 2017 (LBO) – Moody's Investors Service says that Sri Lanka's (B1 negative) significant borrowing requirements and heavy reliance on external and …
Sri Lanka’s CSE to rename Default Board as Watch List from 2018
Oct 17, 2017 (LBO) – Colombo Stock Exchange said it will rename the default board as ’Watch List’ with effect from January 2018 in line with the new …
Sri Lanka’s growing informal hotel sector to pressure operating cash flows
Oct 17, 2017 (LBO) - Fitch Ratings expects Sri Lanka’s hotels sector to face price competition from the growing informal sector and alternative accommodation …
IMF reaches staff level agreement on third review of Sri Lanka’s EFF
Oct 16, 2017 (LBO) – Sri Lanka’s central bank should stand ready to head off pressures on inflation and credit growth while continuing to enhance exchange …
Sri Lanka official reserves down by USD419mn in September
Oct 16, 2017 (LBO) – Sri Lanka’s official reserve assets dropped by 418. online pharmacy buy lexapro no prescription pharmacy 55 million US dollars to 7.29 …
Sri Lanka’s poor will benefit from more economic freedom
Oct 16, 2016 (LBO) - Sri Lanka's poor stands to gain big benefits if more economic freedoms are given, while businesses and foreign investors will also be …
Eran says sellers also responsible for Airbus deal
Oct 13, 2017 (LBO) - State Minister of Finance Eran Wickremeratne said that the Airbus Industrie is also responsible as buyers and sellers are both …
Use Submit A Tip section of CSE to report market manipulations
Oct 12, 2017 (LBO) – Colombo Stock Exchange has included a separate section inside their official website, allowing anyone to report market manipulations via …
Frontier markets show divergent credit paths: Moody’s
(PRESS RELEASE) - Moody’s Investors Service says that frontier markets (FMs) will show differentiated credit exposure to rising interest rates globally, …