Sri Lankan rupee steady; importer dollar demand offsets exporter sales
COLOMBO, Aug 22 (Reuters) - The Sri Lankan rupee was steady for a sixth straight session on Monday as dollar sales by foreigners who bought government …
Economy & Markets
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World Bank to improve transparency with new procurement system in Sri Lanka
Aug 22, 2016 (LBO) – The World Bank in keeping pace with global trends has introduced a new procurement framework in South Asia including Sri Lanka to …
Sri Lankan rupee steady; importer demand offsets exporter dollar sales
Aug 19, 2016 (Reuters) – The Sri Lankan rupee was steady for a fifth straight session on Friday as dollar sales by exporters and banks were offset by demand …
Correction: Fitch downgrades NDB, affirms 8 banks, revises outlook on DFCC, Sampath
(Correction: This announcement replaces the version published on 22 June 2016 to correct the Support Rating of DFCC Bank PLC to '5' instead of '4' and the …
More Sri Lanka IPOs to come by end 2016: CSE official
Aug 19, 2016 (LBO) – Sri Lanka will see some new IPOs on the Colombo Stock Exchange by the end of 2016 and also expect some non strategic state enterprises …
Asia rides Wall St higher, buoyant crude nears 6-week highs
TOKYO, Aug 19 (Reuters) - Asian stocks edged up on Friday as Wall Street benefited from buoyant crude oil prices and expectations U.S. borrowing costs will …
Sri Lankan rupee steady; exporter dlr sales offset bank demand
COLOMBO, Aug 18 (Reuters) - The Sri Lankan rupee was steady for a fourth straight session on Thursday as dollar sales by exporters were offset by demand for …
Sri Lanka’s tax collection up by Rs100bn in 1H 2016
Aug 18, 2016 (LBO) – Tax revenue in Sri Lanka’s government has increased by 100 billion rupees for the first half of this year, co-cabinet spokesman …
Sri Lanka’s Cabinet writes off Hyatt Regency in Hambantota
Aug 18, 2016 (LBO) - Sri Lanka's Cabinet has approved shifting four billion rupees allocated for the Hyatt Regency project in Hambantota to the Grand Hyatt …
Ceylon Chamber calls for private sector input on FTAs
Aug 18, 2016 (LBO) - With the Sri Lankan government working towards a series of Free Trade Agreements (FTAs), the Ceylon Chamber of Commerce has called for …
Asia stocks rise, dollar falls as Fed minutes cool rate hike views
TOKYO, Aug 18 (Reuters) - Asian stocks edged up early on Thursday and the dollar fell after the Federal Reserve's latest meeting minutes showed policymakers …
GAAM: Foreign inflow of Rs535 Mln for the week
The Guardian Acuity Asset Management weekly can be downloaded
Sri Lankan rupee trades steady; state bank buying offsets exporter dollar sales
COLOMBO, Aug 16 (Reuters) - The Sri Lankan rupee was steady on Tuesday as dollar sales by exporters were offset by demand for the U. online pharmacy buy …
Asian shares hits 1-year high, oil supported
TOKYO, Aug 16 (Reuters) - Asian shares rose to one-year highs, extending their gains so far this year to almost 10 percent, helped by a jump in oil prices and …
Poll at Economic Summit: strong support for PPPs; freeing up trade
Aug 15, 2016 (LBO) - Participants at the recently concluded Sri Lanka Economic Summit are optimistic about the government’s ability to deliver economic …
Sri Lankan rupee steady in dull trade
COLOMBO, Aug 15 (Reuters) - The Sri Lankan rupee was steady on Monday as dollar sales by exporters were offset by importer demand for the greenback in dull …
Virtusa Announces First Quarter 2017 Consolidated Financial Results
(PRESS RELEASE) - Virtusa Corporation (NASDAQ GS: VRTU), a global business consulting and IT outsourcing company that combines innovation, technology …
Sri Lanka sovereign yield falls to 5.57 pct, strong foreign interest
Aug 15, 2016 (LBO) - Sri Lanka's 10-year sovereign bond yield dropped to 5.57 percent on Monday from initial coupon of 6.825 percent indicating strong demand …
Indian officials to visit in two weeks for ETCA talks
Aug 15, 2016 (LBO) - A delegation from India is due to arrive in Sri Lanka within the next few weeks for discussions on the proposed Economic and Technology …