Vietnam can access South Asian markets through Sri Lanka: Harsha
Jan 31, 2016 (LBO) – Sri Lanka’s Deputy Minister of Foreign Affairs said the island intends to strengthen and forge stronger economic links with Vietnam …
Economy & Markets
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John Keells Holdings 9-month net up 6-pct, 3Q net down
Jan 29, 2016 (LBO) - Sri Lanka's diversified John Keells Holdings said group net profit grew six percent in the nine months to December despite a weaker …
Sri Lanka stocks close up 0.3-pct; Low investor activity
Jan 29, 2016 (LBO) – Sri Lankan stocks closed up 0.32 percent in anticipation of positive earrings and attractive Price Earrings levels with gains in banking …
Sri Lanka deepening trade agreements, exploring China FTA: Malik
Jan 29, 2016 (LBO) - Sri Lanka is deepening its free trade agreements with India and Pakistan, and negotiating an FTA with China, Malik Samarawickrama, …
Colombo inflation drops below 1-pct in January
Jan 29, 2016 (LBO) – Consumer prices in Sri Lanka’s capital Colombo has dropped to 0.9 percent in January 2016 from a year earlier, down from 2. online …
Fitch Affirms SriLankan Airlines’ Government Guaranteed Bonds at ‘BB-‘
Fitch Ratings has affirmed the rating on SriLankan Airlines Limited's (SLA) US dollar-denominated government guaranteed bonds at 'BB-. buy clomid online …
Sri Lanka trade deficit widens 1 pct in 11 months to Nov
Jan 28, 2016 (LBO) Sri Lanka's trade deficit for the first eleven months of 2015 marginally increased by one percent to 7.6 billion dollars, the central bank …
Sri Lanka foreign reserves estimated at USD7.3bln end Dec: CB
Jan 28, 2016 (LBO) – Sri Lanka’s gross official reserves were estimated at 7.3 billion US dollars by end December 2015, the Central Bank said. The figure …
Sri Lanka stocks close higher 0.05-pct
Jan 28, 2016 (LBO) – Sri Lankan stocks closed higher 0.05 percent with gains in some tobacco and beverage stocks, brokers said. The Colombo benchmark All …
Chances of March Fed rate hike drop after FOMC statement
Jan 28, 2016 (LBO) - The chances of a U.S. Fed rate hike in March dimmed after a FOMC policy statement on Wednesday acknowledged global economic risks, as …
Government should engage with public on FTAs: Deshal De Mel
Jan 28, 2016 (LBO) – Sri Lanka’s government needs to engage with the public when negotiating Free Trade Agreements with other countries, economist Deshal …
OPA worried about professional services agreement with India
Jan 27, 2015 (LBO) - The Organisation of Professional Associations (OPA) in a statement yesterday said it was deeply concerned about Sri Lanka’s intended …
China will avoid hard landing, won’t cause recession: BofA
Jan 27, 2016 (LBO) - Whatever does cause the next global recession, it probably won’t be China, according to Bank of America Merrill Lynch. Their analysts …
Sri Lanka’s Rebirth, blog by Joseph E Stiglitz
By Joseph E. Stiglitz COLOMBO – Sri Lanka has been deservedly praised for the progress it has made since the end of the war against the separatist Tamil …
Sri Lanka stocks closed down 0.5-pct
Jan 26, 2016 (LBO) – Sri Lankan stocks closed down 0.50 percent with the negative sentiment of the investors continuing for a second consecutive day with …
Opinion: Rite of passage, boom and bust cycle of the economy
By Ashini Samarasinghe Where economic performance is concerned, Sri Lanka tends to emphasize on the importance of economic growth or GDP growth over other …
New ministry to restructure rather than run public enterprises: Kabir Hashim
Jan 26, 2016 (LBO) - The mandate of Sri Lanka’s new Public Enterprise Development ministry is restructuring rather than running the country’s large …
Sri Lanka remittances contract in 2015: Frontier Research
Jan 26, 2016 (LBO) – Sri Lanka has experienced a contraction in inward remittances after several years amidst falling oil prices and slower hiring in the …