Sri Lanka govt approves phase 2 of Central Expressway, only single bidders
Nov 09, 2016 (LBO) - Sri Lanka’s cabinet has given the nod to build the second section of Central Expressway which runs from Mirigama to Kurunegala for …
Economy & Markets
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What you need to know when transferring funds in and out of Sri Lanka – RIU
(PRESS RELEASE) During a recent RIU (Research Intelligence Unit) Investor forum in London, it was found that the number one cause of both confusion and concern …
Sri Lankan rupee trades firmer on dollar selling by banks
COLOMBO, Nov 9 (Reuters) - The Sri Lankan rupee was trading firmer on Wednesday as dollar selling by banks outpaced demand for the greenback from importers as …
Dollar spooked in Asia as US polls too close to call
SYDNEY, Nov 9 (Reuters) - Asian markets were on tenterhooks on Wednesday as early state exit polls in the U.S. presidential election showed wins for both …
Budget 2017 will rectify all anomalies: Finance Minister
Nov 09, 2016 (LBO) - Sri Lanka's Minister of Finance said that the 2017 Budget will be a pro-growth budget which will focus on the deficiencies for the last …
Sri Lankan rupee firmer on exporter dollar sales; stocks down
COLOMBO, Nov 8 (Reuters) - The Sri Lankan rupee edged up on Tuesday as dollar selling by exporters outpaced demand for the greenback from importers, dealers …
GAAM: Net inflow of Rs534 mln for the week
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Budget 2017 will bring change to Sri Lanka: Ravi K
Nov 08, 2016 (LBO) - Sri Lanka's Budget 2017 will reduce cost of living and strengthen investments, the Finance Minister said. online pharmacy buy diflucan …
Asian shares, dollar, ride high on Clinton’s chances
SINGAPORE, Nov 8 (Reuters) - Asian shares rose in early Asian trade on Tuesday ahead of the U.S. presidential election, with investor sentiment buoyed by …
Sri Lankan rupee rises as exporters, banks sell dollars
COLOMBO, Nov 7 (Reuters) - The Sri Lankan rupee traded firmer on Monday as dollar selling by exporters and banks outpaced demand for the greenback from …
Ceylon Chamber concerned over pharma product pricing
Nov 07, 2016 (LBO) - The Ceylon Chamber of Commerce has expressed concerns about fixed prices on medicinal drugs announced by Government Gazette. "Sri Lanka …
India, Sri Lanka hold ministerial talks on fishermen
Nov 07, 2016 (LBO) - India and Sri Lanka have held ministerial level talks to find solutions to fishermen's issues. External Affairs Minister Sushma Swaraj and …
Smart reforms could improve Sri Lanka’s exports: World Bank
Nov 07, 2016 (LBO) - Sri Lanka could grow it exports by encouraging resources to more productive firms through managing urbanization and fostering …
Sri Lankan rupee firmer on exporter dlr sales; stocks edge lower
Nov 04, 2016 (Reuters) – The Sri Lankan rupee edged up on Friday as dollar selling by exporters surpassed the demand for the greenback from importers, …
Sri Lanka October tea prices reach record levels
Nov 04, 2016 (LBO) - Sri Lankan tea prices at the Colombo auctions were at an new monthly high in October 2016 as volumes fell but demand picked up. “Auction …
Asian shares slip, dollar nurses losses as US election looms
TOKYO, Nov 4 (Reuters) - Asian shares slipped on Friday and the dollar nursed losses in a week marked by growing uncertainty about the outcome of the U.S. …
Sri Lankan rupee falls on importer dollar demand; stocks firm
Nov 03, 2016 (Reuters) – The Sri Lankan rupee traded lower on Thursday on dollar demand from importers and as foreign investors sold government securities, …
Sri Lanka to establish independent agency for tenders
Nov 03, 2016 (LBO) - Sri Lanka's cabinet has given the nod to streamline the process and transparency on all state tenders by establishing an independent …
Haycarb records turnover of Rs.5.9Bn and PBT of Rs.458Mn for 1H 2016/17
(PRESS RELEASE) - The Sri Lankan multinational Haycarb PLC reported a revenue of Rs. 5.9 billion and profit before tax of Rs.buy xifaxan online buy xifaxan …
Sri Lankan rupee weaker on importer dollar demand
Nov 02, 2016 (Reuters) – The Sri Lankan rupee was weaker on Wednesday due to dollar demand from importers, dealers said, while the market shrugged off …