Sri Lankan rupee edges down ahead of cenbank policy statement; stx fall
Jan 03, 2017 (Reuters) – The Sri Lankan rupee edged down in thin trade on Tuesday amid worries over slowing foreign fund inflows, even as market players …
Economy & Markets
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Sri Lanka’s prosperity improved in 2015 from previous year: Central Bank
Jan 03, 2017 (LBO) – Sri Lanka’s prosperity has improved to 0.864 in 2015 from 0.804 in the previous year, the Central Bank statistics showed, as measured …
Sri Lankan shares fall as John Keells Holdings draws selling
Jan 02, 2017 (Reuters) – Sri Lankan shares fell on the first trading day of 2017 as investors sold market heavyweight John Keells Holdings Plc and other blue …
Sri Lanka’s largest fully integrated tire plant to be built with Rs11.25bn
(Press Release) - Rigid Tyre Corporation (Pvt.) Ltd. Equipped with the latest technology, this new plant is destined to roll in a new page in the industrial …
Economic development with thrust on education: Finance Minister
Jan 02, 2017 (LBO) - Sri Lanka's Minister of Finance Ravi Karunanayake says there will be sustained economic development in the new year with a thrust on …
China steps up scrutiny on individual forex purchases in the new year
SHANGHAI, Jan 1 (Reuters) - China's foreign exchange regulator said that, starting Jan. 1, 2017, it will step up scrutiny on individual foreign currency …
Sri Lankan rupee falls nearly 4 pct in 2016; spot reference rate at record low
Dec 30, 2016 (Reuters) – The Sri Lankan rupee fell 3.9 percent in 2016, with the spot currency reference rate hitting a record low on Friday, as higher …
Sri Lankan shares fall about 10 pct in 2016; directions on rupee, rates awaited
Dec 30, 2016 (Reuters) – Sri Lankan shares fell on Friday, posting a yearly decline of about 10 percent, in thin trade due to year-end holidays, while …
Market Watch: Eyes on policy decision, liquidity in surplus (Updated)
(Updated with 330 billion rupee CBSL holding of government securities) Dec 30, 2016 (LBO) - All eyes were on the Sri Lanka monetary policy decision to be …
Sri Lankan rupee falls ahead of c.bank decision on policy rates
Dec 30, 2016 (Reuters) – The Sri Lankan rupee traded weaker on Friday due to unusual year-end dollar demand from importers and ahead of an announcement on …
Sri Lanka’s share of Chinese FDI going into Asia low: policy paper
Dec 30, 2016 (LBO) - Sri Lanka, which runs a trade deficit with China, should aim to increase the island's share of Chinese FDI going into Asia, a policy paper …
Sri Lankan shares hit more than 1-wk closing high; PABC boosts turnover
Dec 29, 2016 (Reuters) – Sri Lankan shares touched a more than one-week closing high on Thursday led by financials, with shares of Pan Asia Banking …
Sri Lankan rupee ends steady amid moral suasion
Dec 29, 2016 (Reuters) – The Sri Lankan rupee closed steady on Thursday as light importer dollar demand was met by exporter selling and moral suasion by the …
Sri Lanka Melstacorp share trading commences from tomorrow
Dec 29, 2016 (LBO) – Sri Lanka’s newly formed Melstacorp, the holding company of Distilleries, said its shares will commence trading on the Colombo Stock …
Central Bank invites proposals for USD1bn 3-year foreign financing facility
Dec 28, 2016 (LBO) – Sri Lanka’s Central Bank today said the government intends to raise a Foreign Currency Term Financing Facility (FTFF) denominated in …
Sri Lankan shares rise nearly 0.5 pct in high turnover
Dec 28, 2016 (Reuters) – Sri Lankan shares closed about half a percent higher on Wednesday, recovering from a more than eight-month closing low hit in the …