CB Governor says 2Q growth should be higher than 2.6-pct
Sept 28, 2016 (LBO) – Sri Lanka’s second quarter economic growth for this year should be higher than the published 2.6 percent, Central Bank Governor said. …
Economy & Markets
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ADB lowers Sri Lanka growth in 2016 to 5-pct from 5.3-pct
Sep 28, 2016 (LBO) - The Asian Development Bank (ADB) has lowered the economic growth forecast for Sri Lanka to 5. buy tamiflu online …
Asia stocks inch up after Wall Street’s gains, oil prices slide
TOKYO, Sept 28 (Reuters) - Asian stocks edged up early on Wednesday following an overnight rise for U.S. stocks, while reduced hopes that a meeting of major …
Sri Lanka Central Bank holds key interest rates unchanged
Sept 28, 2016 (LBO) - Sri Lanka's Monetary Board held key interest rates unchanged with slow second quarter growth in the economy, despite credit growth to the …
Sri Lankan rupee weaker on importer dollar demand
Sept 27, 2016 (Reuters) – The Sri Lankan rupee traded weaker on Tuesday as seasonal demand for dollar from importers exceeded sales by exporters and banks, …
Asia stocks slip, yen gains on U.S. debate jitters
SYDNEY, Sept 27 (Reuters) - Uncertainty gripped Asian markets on Tuesday as investors braced for a potentially pivotal U.S. presidential debate, shunning …
POLL: CB to stand pat this wk, assessing impact of previous hikes
Sept 26, 2016 (Reuters) – Sri Lanka's central bank is expected to keep its key interest rates steady on Wednesday, after cutting three times since December …
Sri Lankan rupee slips on seasonal importer dollar demand
COLOMBO, Sept 26 (Reuters) - The Sri Lankan rupee ended weaker on Monday as seasonal demand for dollar from importers exceeded sales by exporters and banks, …
Fund flows into emerging markets at three-year high
Sept 26, 2016 (LBO) - After cash outflows over the last few years, money flowing back into emerging markets has hit a three-year high. Investors have chanelled …
Asian shares slip, U.S. presidential debate awaited
TOKYO, Sept 26 (Reuters) - Asian shares began the week under a cloud on Monday after losses on Wall Street, as investors' attention turned from central banks …
IMF mission says delay in VAT law may postpone review
Sept 23, 2016 (LBO) – The IMF mission currently in Sri Lanka says they may have to postpone their review a bit if the proposed VAT legislation will get …
ADB to give Sri Lanka USD24.2Mn for transport feasibility studies
Sep 23, 2016 (LBO) - The Asian Development Bank (ADB) will help Sri Lanka prepare studies and designs for new road, railway, and port projects to assure the …
Asian stocks hold near 14-month peak on Fed relief
TOKYO, Sept 23 (Reuters) - Asian shares edged closer to 14-month highs on Friday while the dollar was on the defensive as investors grew more convinced that …
Sri Lankan rupee edges up on bank dlr sales; stocks up
COLOMBO, Sept 22 (Reuters) - The Sri Lankan rupee edged up on Thursday as dollar sales by a foreign bank helped currency forwards outpace importer dollar …
Sri Lanka’s Financial Intel Unit signs MOU with Singapore authority
Sept 22, 2016 (LBO) - The Financial Intelligence Unit of the Central Bank of Sri Lanka (FIU) has entered into a memorandum of understanding with the Suspicious …
Asian shares surge, dollar lags on slow-motion Fed
SINGAPORE/SYDNEY, Sept 22 (Reuters) - Asian shares surged on Thursday, taking their cue from Wall Street, after the Federal Reserve left U.S. interest rates …
Sri Lanka nationwide inflation declines to 4.5-pct in Aug 2016
Sept 21, 2016 (LBO) – Sri Lanka’s consumer prices as measured by National Consumer Price Index declined to 4. online pharmacy buy ciprodex with best prices …
Textured Jersey changes its name to Teejay Lanka
Sept 21, 2016 (LBO) – Sri Lanka’s Textured Jersey, a leading knitted fabric company, has officially changed its name to Teejay Lanka with effect from 15th …