Business Conclave: Why invest in Sri Lanka?
March 10, 2016 (LBO) - “This is the best time to invest in Sri Lanka,” Minister of Finance Ravi Karunanayake urged at the successful Investment and …
Economy & Markets
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Sri Lanka stocks close down 1.2-pct, foreign inflow 602 mln rupees
Mar 09, 2016 (LBO) – Sri Lankan stocks closed down 1.2 percent with continued losses in index heavy stocks following a government announcement to …
CSE Rings Bell for Gender Equality
The CSE recently joined the Sri Lanka Institute of Directors (SLID), IFC – a member of the World Bank Group, UN Global Compact, UN Women, the World …
Sri Lanka increases VAT to 15-pct, imposes Capital Gains Tax
Mar 08, 2016 (LBO) – Sri Lanka’s Prime Minister Ranil Wickremesinghe told Parliament that the government has decided to amend certain budget proposals …
Sri Lanka stocks close down 2-pct at near two year low
Mar 04, 2016 (LBO) – Sri Lankan stocks closed down 2.02 percent with losses across the board following an announcement from the government to re-introduce …
State debt rose to 9.5 trillion rupees after revealing hidden dues: PM
Mar 08, 2016 (LBO) – Sri Lanka’s Prime Minister Ranil Wickremesinghe told Parliament Tuesday that the island’s debt has now increased to 9.5 trillion …
LIRNEasia expands knowledge base in big data
Mar 08, 2016 (LBO) - A new report from LIRNEasia on using behavioral big data for public purposes aims to explores privacy issues at the frontiers of research …
Brent oil up 5.5 pct, iron ore up 19 pct as commodities rally
Mar 08, 2016 (LBO) - Oil rose to a two-month high, up 5.5 percent, on a technical rally which is being closely watched by markets, as iron ore jumped 19 …
Sri Lanka Investment and Business Conclave 2016 to open
Mar 07, 2016 (LBO) – Sri Lanka Investment and Business Conclave 2016 organised by the Ceylon Chamber of Commerce will commence tomorrow in Colombo with the …
Sri Lanka stocks close lower 0.06-pct
Mar 04, 2016 (LBO) – Sri Lankan stocks closed lower at 0.06 percent with losses in some index heavy stocks, stocks, brokers said. The Colombo benchmark All …
Sri Lanka exports, imports declines; trade gap widens in December 2015
Mar 04, 2016 (LBO) – Sri Lanka’s exports fell 18.7 percent to 817.5 million US dollars in December 2015 from a year earlier while imports fell at a slower …
Sri Lanka’s stock exchange launches educational web portal
Mar 03, 2016 (LBO) – the Colombo Stock Exchange on Thursday officially launched its online educational portal with the aim of improving skills and knowledge …
China eagerly waiting for Sri Lanka PM’s visit: BOI
Mar 03, 2016 (LBO) – Prime Minister Ranil Wickremasinghe's forthcoming visit to Beijing is being eagerly awaited by the Chinese leadership as a timely …
Singer Sri Lanka to raise Rs2bn in listed debt
Mar 02, 2016 (LBO) – Singer Sri Lanka said it is planning to raise as much as 2 billion rupees from a sale of debentures which will be quoted on the Colombo …
China positive on trade, investment says Malik after visit
Mar 02, 2016 (LBO) – China is positive about Sri Lanka’s prospects as a strategically located platform for trade, investment and tourism, a statement …
Sri Lanka’s Central Bank to sell USD200mn worth development bonds
Mar 01, 2016 (LBO) – The Central Bank will issue 200 million US dollars of development bonds with a tenor of 3 months, 5 months, 1 Year and 2 Years 1 month …
US calls on Sri Lanka to join Indo-Pacific Economic Corridor
Mar 01, 2016 (LBO) – United States called Sri Lanka to strengthen cooperation on issues of regional importance through multilateral organizations like the …