Ceylinco Life’s income tops Rs 17 billion in nine months
Dec 06, 2016 (LBO) - Ceylinco Life has reported total income of 17.165 billion rupees for the nine months ending 30th September 2016, reflecting growth of 15.3 …
Economy & Markets
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Asia stocks bounce as risk appetite returns after Italy vote
HONG KONG, Dec 6 (Reuters) - Asian stocks posted their biggest rise in two weeks on Tuesday and the euro steadied as investors judged the selloff after …
Sri Lanka *market update* ASPI close up 0.7-pct, T/over crosses Rs.1bn
December 05, 2016 The market closed today posting a turnover of LKR 1,023,118,342(USD 6.9mn) with the indexes moving up. ASPI closed at 6368.12 up 42.55 points …
Opinion: Jaffna, high literacy, low employment and lowest income. How come?
By Jekhan Aruliah Despite the Jaffna district having the second highest Literacy Rate in Sri Lanka, it does badly on employment and dismally on incomes. What's …
Asia stock funds see pockets of value after Trump sell-off
SINGAPORE, Dec 2 (Reuters) - Donald Trump's shock election victory last month triggered a sell-off in Asian shares on heightened fears of protectionism …
Sri Lankan rupee gains on exporter dlr sales, subdued importer demand
COLOMBO, Dec 2 (Reuters) - The Sri Lankan rupee was trading marginally higher on Friday as exporters sold dollars while the demand for the greenback …
Sri Lankan rupee eases on importer dollar demand; stx up
Dec 01, 2016 (Reuters) – The Sri Lankan rupee eased slightly on Thursday due to importer dollar demand in dull trade on fears that economic policies of U. …
Oil, dollar and bond yields sharply higher after OPEC deal
TOKYO, Dec 1 (Reuters) - Crude prices, the dollar and bond yields were sharply elevated early on Thursday after OPEC agreed to a deal to reduce output …
Asia flat following a weaker Wall Street as Treasury yields hit 16-mth high
lbo.lk,lboSINGAPORE, Dec 2 (Reuters) - Asian shares were flat in early trade on Friday following mostly sluggish sessions on Wall Street and Europe, as …
Sri Lanka’s CCPI inflation down to 3.4 pct in Nov
Nov 30, 2016 (LBO) – Consumer prices in Sri Lanka’s capital Colombo accelerated 3.4 percent in November 2016 from a year earlier, but down from 4.2 percent …
Sri Lankan rupee edges up on exporter dollar sales; stx up
Nov 30, 2016 (Reuters) – The Sri Lankan rupee was trading slightly higher on Wednesday, as exporter dollar sales surpassed importer demand for the greenback …
Challenging external environment for Sri Lanka in 2017: WB economist
Nov 30, 2016 (LBO) – Sri Lanka will face a challenging external macroeconomic environment ahead and structural reforms needs to be consistent with improved …
Sri Lanka’s Budget 2017 under the President
How much of the Budget 2017 is under President Sirisena? - Info-graphics by
Sri Lanka tourist earnings up, slower growth in workers’ remittances
Nov 30, 2016 (LBO) - Sri Lanka's earnings from tourism increased while slower growth was seen in workers’ remittances in October 2016, the Central Bank said. …
Asia stocks edge up on U.S. growth data cues; dollar steady
HONG KONG, Nov 30 (Reuters) - Asian stocks edged higher on Wednesday reflecting upbeat U.S. growth news while oil steadied after a sharp drop overnight as OPEC …
Sri Lanka’s budget headed in right direction: IMF
Nov 30, 2016 (LBO) - Sri Lanka's budget for 2017 is headed in the right direction, especially in terms of primary deficit reduction, Eteri Kvintradze, the …
Sri Lankan rupee edges down on importer dollar demand; stx up
COLOMBO, Nov 29 (Reuters) - The Sri Lankan rupee traded marginally weaker on Tuesday, hurt by dollar demand from importers amid fears that economic policies of …
CCTV, new auction system among steps to strengthen bond trading: CB
Nov 29, 2016 (LBO) - Sri Lanka's Central Bank has taken several steps to improve supervision and regulation of the government securities market, the Central …