Economy & Markets
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Growth in developing economies forecast at 4.3-pct for 2016: IMF
Jan 20, 2016 (LBO) - Growth in emerging market are projected to increase from four percent in 2015 to 4. buy symbicort online …
Interview: Attractive returns on Sri Lanka bonds due to volatility
Jan 20, 2016 (LBO) - Out of emerging markets, Sri Lanka bonds offer well above average returns through trading opportunities due to strong volatility, a market …
Probability of US March rate hike drops, eyes on Davos
Jan 20, 2016 (LBO) - The probability of a rate hike by the U.S. Fed by March fell to 40 percent with equity markets off to a bad start this year, as focus …
Prime Minister to attend World Economic Forum
Jan 18, 2016 (LBO) - Prime Minister Ranil Wickremesinghe is due to leave Sri Lanka on 19th January 2016 for the World Economic Forum that will be held in …
Interview: Controlled tea liberalization possible, says Tea Board Chief
Jan 18, 2016 (LBO) - Better marketing and branding of Sri Lankan teas overseas, together with the potential for liberalising the industry, were just some of …
Sri Lanka targets USD5 bn FDI in next three years, Malik to visit China
Jan 18, 2016 (LBO) - Sri Lanka is targeting five billion US dollars worth of foreign direct investments (FDI) in the next three years, Minister of Development …
Tony Weerasinghe launches online retail brokerage Ustocktrade
Jan 18, 2015 (LBO) - Tony Weerasinghe a founder of software company MilleniumIT has launched a low-cost U.S. online retail brokerage, Ustocktrade. Ustocktrade, …
Sri Lanka stocks down 1.9-pct; 18 month low
Jan 18, 2016 (LBO) – Sri Lankan stocks closed down 1.89 percent following the negativity in regional markets and local economic concerns with losses in …
Sri Lanka’s reconciliation process key to its economic success: UK Minister
Jan 14, 2016 (LBO) - Sri Lanka commitment to reconciliation will be a driver of its future economic development, a visiting Minister said. online pharmacy buy …
CCP by first quarter 2017: CSE Chairman
Jan 14, 2016 (LBO) – Sri Lanka’s Colombo Stock Exchange aims to establish the Central Counter Party (CCP) system, a new risk management system, by early …
Finance Ministry delays budget proposals on VAT & NBT
Jan 13, 2016 (LBO) – Sri Lanka’s Finance Ministry has suspended implementing the budget proposals on VAT and NBT until the relevant legislative enactments …
Sri Lanka stocks up after 7 days of losses; bargain hunting
Jan 12, 2016 (LBO) – Sri Lankan stocks were up 0.31 percent after seven consecutive days of losses with gains in John Keels Holdings and Telecom stocks, …
Obama gives last state of the union address
Jan 13, 2016 (LBO) - U.S. President Barack Obama gave his final state of the union address on Tuesday attempting to bridge an optimistic assessment of the …
Sri Lanka stocks close with highest intra-day loss in 5 months
Jan 12, 2016 (LBO) – Sri Lankan stocks closed down at 1.74 percent for a seventh consecutive day with losses across the board as regional markets also …