Sri Lankan rupee falls slightly on importer dollar demand
Oct 06, 2016 (Reuters) – The Sri Lankan rupee edged down on Thursday due to importer dollar demand in the absence of central bank intervention, and the …
Economy & Markets
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New board appointments at Softlogic
(PRESS RELEASE) - Softlogic Holdings PLC recently announced the appointment of Prof. Ajantha Dharmasiri and Mr. Aaron Russell-Davison as Non-Executive …
Asian shares firm after U.S. service sector rebounds
TOKYO, Oct 6 (Reuters) - Asian shares firmed on Thursday, encouraged by stronger U.S. economic data and a rise in oil prices, while growing prospects of …
Sri Lankan rupee edges down on importer dollar demand
Oct 05, 2016 (Reuters) – The Sri Lankan rupee edged down on Wednesday on mild importer dollar demand amid market expectation that the currency will remain …
Sri Lanka’s growth will be below average for South Asia: World Bank
Oct 05, 2016 (LBO) - Sri Lanka’s growth will be below average for South Asia which the World Bank expects to grow by 7. buy lariam online …
No 100 percent tax waivers given to Beer Company: Finance Ministry
Oct 04, 2016 (LBO) – Sri Lanka’s Finance Ministry says there is no truth that a beer manufacturing company has been given concessions for imports which …
Sri Lanka plans to levy heavy penalties for tax defaulters in 2017
Oct 04, 2016 (Reuters) – The Sri Lankan government plans to impose heavy penalties for tax defaulters and expand tax offices across the country as it aims …
Many economies yet to adopt good practices in PPP: WB
Oct 04, 2016 (LBO) - The World Bank has in a report set out new benchmarks for public-private partnerships (PPP) procurement across 82 economies. "Many …
Sri Lanka’s Global Competitiveness rank reflects exports, govt weakness: WEF report
Oct 04, 2016 (LBO) - Sri Lanka fell three notches to 71st in terms of the Global Competitiveness Index for 2016-2017 compiled by the World Economic Forum, with …
Asian shares wobble, dollar firms after upbeat US data
TOKYO, Oct 4 (Reuters) - Asian shares wobbled on Tuesday after fading hopes for a reduced Deutsche Bank fine and rising expectations of a U.S. interest rate …
Sri Lankan shares hit 5-week high; rupee edges up
Oct 03, 2016 (Reuters) – Sri Lankan shares edged up on Monday, hitting their highest in five weeks, led by blue chips as hopes of some improvement in …
Asia stocks start Q4 with gains, sterling stumbles
SYDNEY, Oct 3 (Reuters) - Asian shares got the new quarter off to a firm start on Monday, while sterling tumbled as Britain set a March deadline to start …
Sri Lankan rupee edges up as tight liquidity prompts dollar sales
Sept 30, 2016 (Reuters) – The Sri Lankan rupee traded slightly firmer on Friday, after four straight sessions of losses, as tight rupee liquidity triggered …
Sri Lanka adds more taxes for smokers
Sep 30, 2016 (LBO) - Sri Lanka's Cabinet has approved a 15 percent Value Added Tax (VAT) and 5.buy doxycycline online buy doxycycline online no prescription 00 …
Infrastructure: Sri Lanka’s ministries should be aligned to be more effective
Sep 30, 2016 (LBO) – Sri Lanka's budget allocations for national road development are high, but it needs to be attuned to needs, and ministries should be …
Asia stocks slip as Deutsche sours mood, Brent USD49.24 on OPEC pact
SINGAPORE, Sept 30 (Reuters) - Asian stocks followed Wall Street lower in early trade on Friday, while oil prices held close to the highest level in almost a …
Sri Lanka can meet 5.4-pct budget deficit target for 2016: Ravi
Sep 30, 2016 (LBO) - Finance Minister Ravi Karunanayake said Sri Lanka is well on its way to achieving the fiscal target for 2016 as the Value Added Tax …
Sri Lankan rupee edge down ahead of bond auction
Sept 29, 2016 (Reuters) – The Sri Lankan rupee edged down on Thursday ahead of a bond auction as investors bought the local currency to buy bonds, and as …