Economy & Markets
IMF supports negative policy rates to spur economies
Apr 11, 2016 (LBO) - IMF supports negative policy rates by some central banks given the significant risks to the outlook for growth and inflation, a blog by …
Sri Lanka PM wants equity swap for USD8 bln debt to China
Apr 11, 2016 (LBO) - Sri Lanka's Prime Minister Ranil Wickremesinghe has asked China to swap part of the 8 billion dollars it owes the nation into equity in …
Ceylon Dollar Bond Fund records 8.82 percent dollar return
Apr 11, 2016 (LBO) - The Ceylon Dollar Bond Fund (CDBF) that invests in Sri Lanka Dollar Sovereign Bonds and Bank Bonds has recorded an 8.82 percent per annum …
China grants 500mn Yuan symbolizing Sino-Lanka friendship
Apr 08, 2016 (LBO) – Chinese Premier Li Keqiang has pledged a grant of 500 million Yuan to Sri Lanka symbolizing Sino-Lanka friendship, the Prime …
Sri Lanka’s govt. sets standard for appointing boards of SOE’s
Apr 08, 2016 (LBO) – Sri Lanka’s cabinet has decided to approve a set criteria for consideration for appointing of chairmen and board of directors of State …
Sri Lanka to sign MOU with China to enhance market liquidity
Apr 07, 2016 (LBO) – Sri Lanka’s Prime Minister Ranil Wickremesinghe who is currently on an official visit to China is to sign an MOU in view of …
Correction: Names of Sri Lankans in Panama Papers not yet released
CORRECTION - Names of individuals in the Panama Papers have not yet been released. online pharmacy buy ciprodex with best prices today in the USA online …
We don’t want to see companies getting delisted: Securities Regulator
Apr 07, 2016 (LBO) – Sri Lanka’s securities regulator has invited listed companies to send their suggestions on the minimum public float rule as they seem …
Prime Minister and delegation in China to enhance bilateral relations
April 07, 2016 (LBO) - Sri Lankan Prime Minister Ranil Wickremesinghe left for an official visit to China on Wednesday, the Foreign Ministry said. This is …
Location, access to markets key for investors in Sri Lanka: CCC Survey
Apr 06, 2016 (LBO) - Sri Lanka is a unique business destination for foreign investors because of its strategic location and access to both east and west sea …
S&P and CSE Sector and Industry Group Indices launched
Apr 06, 2016 (LBO) – S&P Dow Jones Indices, one of the world’s leading index providers, and the Colombo Stock Exchange today jointly announced the …
Sri Lanka govt approves compensation for Rathupaswala victims
Apr 06, 2016 (LBO) - President Maithripala Sirisena has given his approval to provide 4.68 million rupees as compensation for 33 victims of Rathupaswala …
Panama Papers rock financial world, three Sri Lankan companies in list
Apr 05, 2016 (LBO) - A huge leak of documents has rocked the financial world revealing how some among the rich and powerful use tax havens to hide their …
SEC to engage listed companies on Minimum Public Float
Apr 04, 2016 (LBO) - The Securities and Exchange Commission of Sri Lanka (SEC) with the participation of the Colombo Stock Exchange (CSE) will conduct a forum …
India likely to cut rates, eyes on FOMC minutes
Apr 04, 2016 (LBO) - Both the Reserve Bank of India and the Reserve Bank of Australia will announce interest rate decisions on Tuesday, with Moody's Analytics …
Final decision on VAT next week, says State Finance Minister Lakshman Yapa
Apr 01, 2016 (LBO) – The final decision on Value Added Tax will be taken by next Friday, State Finance Minister Lakshman Yapa Abeywardena told …