Teejay ends Q3 with revenue growth of 33-pct despite challenges
Press Release: The Teejay Group which recently consolidated its operations in Sri Lanka and the region under the single brand ‘Teejay,’ announced a strong …
Economy & Markets
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Sri Lankan rupee steady in dull trade; stocks rise
Jan 26, 2017 (Reuters) – The Sri Lankan rupee was steady in thin trade on Thursday as dollar demand from importers was offset by selling of the U. buy …
Asia rises after Dow tops 20,000 for first time, dollar on defensive
TOKYO, Jan 26 (Reuters) - Asian stocks gained early on Thursday, cheered by the Dow Jones Industrial Average breaching past the 20,000-level threshold …
Sri Lanka’s Auditor General acted unprofessionally: Finance Minister
Jan 25, 2017 (LBO) – Sri Lanka’s Finance Minister Ravi Karunanayake today accused the Auditor General of releasing a confidential report to COPE without …
Sri Lanka Central Bank blocks taking out of Perpetual profits: Harsha
Jan 25, 2017 (LBO) – Sri Lanka’s Central Bank has blocked Perpetual Treasuries from taking out the company profits for any purpose, Deputy Foreign Minister …
Sri Lankan shares hit near 10-mth closing low
Jan 24, 2017 (Reuters) – Sri Lankan stocks closed at their lowest in nearly 10 months on Tuesday, dragged down by banking and telecom shares, as concerns …
Watch the West, Reach Out To The East: Stan Chart Economist
Jan 24, 2017 (LBO) - Sri Lanka should keep a keen eye on the developments in the West, the traditional export markets, but should reach out to the East for …
Former Governor Mahendran “NOT” working at Ministry: Ravi
Jan 24, 2017 (LBO) - Sri Lanka's Finance Minister has denied reports that former Governor of the Central Bank, Arjun Mahendran is attached to his ministry or …
JVP calls Speaker to take over controversial bond investigations
Jan 24, 2017 (LBO) – Sri Lanka’s Marxist JVP today demanded that Speaker Karu Jayasuriya takes over the future course of action against the controversial …
Sri Lankan rupee eases on importer dollar demand
Jan 24, 2017 (Reuters) – The Sri Lankan rupee eased on Tuesday as importer dollar demand outpaced mild greenback sales by exporters, while the market expects …
Technology and know-how essential for development: Hausmann
Jan 24, 2016 (LBO) - The guest lecture in Colombo recently by Prof. Ricardo Hausmann highlighted the importance of technology and know-how in fostering …
Dollar falls further in Asia amid trade jitters
SYDNEY, Jan 24 (Reuters) - The dollar hit the skids in Asia on Tuesday as U.S. President Donald Trump's focus on trade protectionism fuelled suspicions …
European Investment Bank in EUR50mn Colombo water network expansion
Jan 24, 2016 (LBO) - The European Investment Bank will provide EUR 50 million to support improvement and expansion of sewage networks across the Sri Lankan …
Sri Lanka nation-wide inflation steady at 4.2 pct in December
Jan 23, 2017 (LBO) – Sri Lanka’s consumer prices as measured by National Consumer Price Index rose at a steady pace of 4. online pharmacy buy spiriva …
Over one million Sri Lankans affected by drought
Jan 23, 2017 (LBO) - Sri Lankans have been warned to conserve water and electricity with over a million persons affected so far by drought as crop output …
Central Bank says internal & external probe on 2015/16 EPF operations
Jan 23, 2017 (LBO) – Sri Lanka’s Central Bank said an internal examination is currently underway under the direction of the Monetary Board on transactions …
Sri Lankan rupee down on importer dollar demand
Jan 23, 2017 (Reuters) – The Sri Lankan rupee fell on Monday as the importer dollar demand surpassed modest greenback sales by exporters, dealers said. Rupee …