“Doing our best to live up to expectations of PM”: Harsha
Feb 10, 2016 (LBO) – Sri Lanka’s Deputy Minister of Foreign Affairs assures that although there is some frustration at the Prime Ministers level with …
Economy & Markets
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Mass transit essential for Colombo to succeed: UDA DG
Feb 09, 2016 (LBO) - The critical role earmarked for joined-up public transport in Colombo’s development and what can be done to boost lending for housing …
Nikkei falls 5 pct on negative interest rates, global growth
Feb 09, 2016 (LBO) - Japan's Nikkei fell 5 percent on Tuesday on weaker banking shares after the Bank of Japan allowed negative interest rates, while a …
Sri Lanka official reserves drop by USD1bn in January
Feb 08, 2016 (LBO) – Sri Lanka's official reserves have dropped by one billion US dollars to 6,301.synthroid buy aurogra online …
Labour cost not critical to attract multinationals: economist
Feb 08, 2016 (LBO) – Inter-country differences in labour cost do not seem to explain differences among developing countries in their success in joining …
IMF urges Sri Lanka govt to narrow fiscal deficit
Feb 05, 2016 (LBO) - The International Monetary Fund urged the Sri Lankan government to narrow the fiscal deficit after a staff mission to Colombo this week to …
Central Bank relaxed restrictions on remitting foreign currencies
Feb 05, 2016 (LBO) – The Central Bank has relaxed restrictions on remitting and transacting foreign currencies with immediate effect. buy periactin online …
Colombo Stock Exchange CDS partners with LankaPay
Feb 05, 2016 (LBO) – The Central Depository System (CDS), a fully owned subsidiary of the CSE, has partnered with LankaPay, the national payment network, to …
Megapolis plan aims for flexible working hours
Feb 05, 2016 (LBO) - Sri Lanka's recently unveiled Megapolis plan of development envisages flexible working hours as one aspect of transport demand management …
Interview: Sri Lanka needs to be brave and open up, says Harsha
Feb 03, 2016 (LBO) – Sri Lanka’s Deputy Minister of Foreign Affairs said that closing boarders in fear will not help small countries like Sri Lanka to move …
Ceylon Chamber Investor Forum attracts foreign interest
Feb 03, 2016 (LBO) - The upcoming ‘Sri Lanka Investment & Business Conclave 2016,’ organized by the Ceylon Chamber of Commerce is getting interest from …
India rates tied to fiscal discipline, Rajan signals Modi
Feb 03, 2016 (LBO) - India held interest rates unchanged on Tuesday with Reserve Bank of India Governor Raghuram Rajan sending a message to Prime Minister …
Paypal to discuss Sri Lanka inward payments
Feb 01, 2016 (LBO) – The regional head of PayPal is to have discussions with Sri Lanka’s officials over freeing Paypal inward payments for citizens in the …
Janashakthi Insurance completes amalgamation with AIA general
Jan 31, 2016 (LBO) Sri Lanka’s Janashakthi Insurance said it has now successfully completed the amalgamation process of Janashakthi General Insurance and AIA …