Softlogic Capital reports Rs1.1 bln profit for year to March
Sept 02, 2016 (LBO) - Softlogic Capital PLC, the financial services holding company of the Softlogic Group, said it crossed the billion rupee profit mark and …
Economy & Markets
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Sri Lankan rupee steady, remittances offset importer dlr demand
Sept 02, 2016 (Reuters) – The Sri Lankan rupee traded steady on Friday as dollar sales by banks from inward remittances offset importer dollar demand, …
Sri Lanka’s CCPI inflation down 1.5-pct points in August 2016
Sept 01, 2016 (LBO) – Consumer prices in Sri Lanka’s capital Colombo accelerated 4.0 percent in August 2016 from a year earlier, down from 5.5 percent in …
Sri Lankan rupee firmer on bank dollar sales; stocks edge up
Sept 01, 2016 (Reuters) – The Sri Lankan rupee traded firmer on Thursday as dollar sales by banks on behalf of foreign investors to buy government securities …
IFC ready to finance Sri Lankan private sector projects
Sep 01, 2016 (LBO) - The International Finance Corporation, a part of the World Bank group, is ready to finance Sri Lanka’s private sector projects by …
Sri Lankan rupee steady after cbank chief allays fears of upward pressure
COLOMBO, Aug 31 (Reuters) - The Sri Lankan rupee traded steady on Wednesday, a day after the country's Central Bank Governor Indrajith Coomaraswamy said the …
JICA pledges Rs14bn development loan to Sri Lanka
Aug 31, 2016 (LBO) – The Japan International Cooperation Agency (JICA) has agreed to provide a development policy loan of 14.4 billion rupees …
Sri Lanka’s growth expectation 5.5-pct this year: CB Governor
Aug 31, 2016 (LBO) – Sri Lanka’s growth expectation for this year is about 5 to 5.5 percent as things stand, Central Bank Governor Dr. Indrajith …
Ceylinco Life’s 6-month income up 14-pct to Rs 11 billion
(PRESS RELEASE) - Ceylinco Life has reported that total income grew 14 per cent to Rs 11.028 billion in the six months ending 30th June 2016, with robust …
World Bank positive about Sri Lanka’s progress, wants to increase aid: Ravi K
Aug 31, 2016 (LBO) – Sri Lanka’s Finance Minister says multilateral donor World Bank is keen to increase its aid following Sri Lanka rapidly achieving its …
Asian shares ease, taking cue from Wall Street, oil slips
TOKYO, Aug 31 (Reuters) - Asian shares eased on Wednesday following modest losses on Wall Street, but were still on track for a monthly rise as investors …
Sri Lanka’s Central Bank keeps policy rates steady
Aug 30, 2016 (LBO) – Sri Lanka’s Central Bank has decided to keep its key interest rates steady despite rising inflation and high private sector credit …
Sri Lankan rupee steady ahead of cenbank policy rate meeting
Aug 30, 2016 (Reuters) - The Sri Lankan rupee traded steady on Tuesday ahead of a central bank policy meeting later in the day, as exporter dollar sales offset …
GAAM: Net foreign outflow of Rs656 mln last week
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Asia stocks bounce, dollar dips on Fed hike doubts
SYDNEY, Aug 30 (Reuters) - Asian shares bounced on Tuesday as doubts the Federal Reserve really would hike rates as soon as September undermined the dollar, …
Sri Lanka’s Volkswagen project temporarily halted: Minister
Aug 29, 2016 (LBO) – The proposed project to set up a Volkswagen car plant in Sri Lanka has temporarily been halted, Deputy Minister of Public Enterprise …
World Bank looks at further collaboration in Sri Lanka: South Asia VP
Aug 29, 2016 (LBO) – The World Bank says it will further support Sri Lanka’s journey towards higher growth and prosperity and this will require progress …
Most Asia stocks slide on Fed officials’ rate comments, dollar firms
SINGAPORE, Aug 29 (Reuters) - Most Asian share markets slipped on Monday while the U.S. dollar held firm on Monday after U.S. Federal Reserve Chair Janet …
