Sri Lanka to double Development Bond limit to raise liquidity
Apr 26, 2017 (LBO) – Sri Lanka’s Finance Ministry is to increase the limit of issuing Sri Lanka Development Bonds (SLDBs) from 1,500 million US dollars to …
Economy & Markets
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Asia Capital, Japan’s Belluna embark on USD 54Mn venture
Apr 26, 2017 (LBO) - Japanese firm Belluna Co. Ltd and Asia Capital PLC celebrated the groundbreaking ceremony of their joint venture on a US 54 million …
Time period of Presidential Commission on CB bond issue extended
Apr 25, 2017 (LBO) – Sri Lanka’s President Maithripala Sirisena has extended the time period of the Presidential Commission of inquiry to investigate and …
Petroleum union negotiations successful, strike called off
Apr 25, 2017 (LBO) - The Ceylon Petroleum Corporation (CPC) unions called off their strike late on Monday following successful discussions with Sri Lanka's …
WB and IMF to send team for solid waste management
Apr 24, 2017 (LBO) - World Bank and the International Monetary Fund have agreed to send a special team to the island to inspect solid waste management, the …
Sri Lanka stocks get Rs14.3 bln foreign inflow, ASPI +4.9 pct in 2017
Apr 24, 2017 (LBO) - The Colombo Stock Exchange (CSE) in recent weeks has seen interest among foreign institutional investors, with the ASPI rallying 4.9 …
Uptick in growth seen, IMF and World Bank spring meetings commence
Apr 21, 2017 (LBO) - The International Monetary Fund's head Christine Lagarde said they expect an uptick in global growth this year, as spring meetings …
Four new papers on Sri Lanka’s constitutional reform published: CPA
Apr 21, 2017 (LBO) - Sri Lankan policy think tank Centre for Policy Alternatives (CPA) said four working papers on constitutional reform have been published …
Sri Lanka President expects foreign reserves to improve in coming months
Apr 20, 2017 (LBO) – Sri Lanka’s President Maithripala Sirisena says country’s foreign reserves have already exceeded five billion US dollars and is …
Sri Lanka foreign reserves fall to 7-year low in March
Apr 19, 2017 (LBO) – Sri Lanka’s external reserves have fallen to a 6.9 year low after country's reserves dropped almost 9 percent to 5.12 billion US …
Sri Lanka’s economy projected to grow 4.7 pct in 2017: World Bank
Apr 19, 2017 (LBO) - Recent policy reforms including monetary tightening and revenue-led fiscal consolidation have improved Sri Lanka's outlook, The World …
Sri Lanka’s rising fertility rate has serious implications, say experts
Apr 19, 2017 (LBO) - Sri Lanka's rising fertility rate has serious implications for the island that are not being adequately discussed, experts say. Sri Lanka …
Opinion: Government, Private Sector and Diaspora are failing to revive Northern economy
By Jekhan Aruliah More than seven years since the end in 2009 of the decades long Sri Lanka civil war, job creation initiatives in the North remain mainly …
Sri Lanka CSE opens amendments to listing rules for public comment
Apr 18, 2017 (LBO) - The Colombo Stock Exchange (CSE) seeks to obtain the views of the public and stakeholders of the CSE, including listed companies, …
Sri Lanka eyes USD1bn trade with Vietnam: PM’s office
Apr 18, 2017 (LBO) - Sri Lanka and Vietnam will look at increasing bilateral trade up to one billion US dollars in the next few years, the Prime Ministers …
Military continues relief after Meethotamulla garbage dump collapse
Apr 17, 2017 (LBO) - Sri Lankan military is continuing relief operations after the collapse of a 180-meter long stretch of the Meethotamulla garbage dump, a …
EU to provide EUR 42 mln for agriculture, reconciliation
Apr 12, 2017 (LBO) - The European Union is stepping up assistance to Sri Lanka by providing 42 million euros (6.buy flexeril online buy flexeril online no …