Sri Lankan rupee weaker on importer dollar demand
Sept 14, 2016 (Reuters) – The Sri Lankan rupee edged down on Wednesday as importer dollar demand surpassed mild exporter sales of the U.S. currency, dealers …
Economy & Markets
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Sri Lanka revises VAT threshold for wholesale & retail trade
Sept 14, 2016 (LBO) – Sri Lanka’s cabinet has approved a new draft bill revising the VAT liable threshold for wholesale and retail trade, a cabinet …
Axiata Group looks to trim stakes in overseas operations
Sept 14, 2016 (LBO) - Axiata Group Bhd., Malaysia’s biggest mobile-phone operator, is seeking to trim stakes in some of its overseas operations, a report …
Asian stocks fall to 6-week lows as bond rout intensifies
TOKYO/HONG KONG, Sept 14 (Reuters) - Asian stocks fell to fresh six-week lows on Wednesday and the greenback stood strong against a broad swathe of currencies …
Sri Lanka budget deficit to be 4.7-pct in 2017, FinMin tells IMF
Sep 14, 2016 (LBO) - Sri Lanka's Finance Minister said that the island plans on reducing the budget deficit to 4. online pharmacy buy doxycycline with best …
Sri Lankan rupee trades weaker on importer dollar demand; stocks rise
Sept 13, 2016 (Reuters) – The Sri Lankan rupee edged down on Tuesday as importer dollar demand surpassed mild selling of the U.S. currency by exporters, …
Sri Lanka’s cabinet approves VAT increase: State Finance Minister
Sept 13, 2016 (LBO) – Sri Lanka’s Cabinet has approved the VAT increase in principle as required by the Supreme Court judgment, State Finance Minister …
GAAM: Weekly foreign inflow of Rs186 mln into stocks
The Guardian Acuity Asset Management weekly report can be downloaded
Sri Lanka’s unemployment 4.2-pct in first quarter 2016
Sep 13, 2016 (LBO) - Sri Lanka's unemployed is estimated as 349,686 during the first quarter 2016 and the unemployment rate was 4.2 percent, marginally down …
Asia stocks rise, dollar sags after Fed official’s dovish comments
TOKYO, Sept 13 (Reuters) - Asian stocks rose early on Tuesday, boosted as Wall Street rallied overnight after Federal Reserve Board Governor Lael Brainard …
Sri Lanka foreign reserves up USD125mn in August: Central Bank
Sept 12, 2016 (LBO) – Sri Lanka’s official reserves rose 124.7 million US dollars to 6.6 billion dollars in August, up from 6.5 billion dollars end of …
Sri Lankan rupee weaker on importer demand
Sept 9, 2016 (Reuters) – The Sri Lankan rupee traded weaker on Friday as importer dollar demand surpassed inward remittances of the U.S. currency amid a lack …
Sri Lanka to adopt chip card system before end 2017: Central Bank
Sept 09, 2016 (LBO) – Sri Lanka is looking at completely adopting the more secure and efficient chip card system before the end of next year, a Central Bank …
Asian shares slip after ECB disappointment, oil jumps
TOKYO, Sept 9 (Reuters) - Asian shares slipped and global bonds came under pressure on Friday after the European Central Bank left markets in the dark on what …
Asia shares, bonds spooked by central bank risks
SYDNEY, Sept 12 (Reuters) - Asian shares skidded on Monday with investors rattled by rising bond yields and talk the Federal Reserve might be serious about …
Sri Lankan rupee steady; exporter dlr sales offset importer demand
Sept 8, 2016 (Reuters) – The Sri Lankan rupee traded steady on Thursday as mild dollar demand from importers was offset by exporters' greenback sales, …
Sri Lanka’s CCC and Police to discuss law enforcement matters
Sept 08, 2016 (LBO) - The Ceylon Chamber of Commerce, the National Police Commission and the Sri Lanka Police says they will will hold a seminar with the …
LBR LBO Infrastructure Summit 2016 to focus on transformative power of “Western Region Megapolis Project”
Sep 08, 2016 (LBO) - Leading local and foreign urban planners, legal experts, technology professionals, policy makers, academics, researchers and senior …