Special economic zones, a driving force for increased trade in Asia: ADB
Dec 14, 2015 (LBO) - Special economic zones (SEZs) can be a driving force for increased trade, investment, and economic reform in Asia as it experiences a …
Economy & Markets
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Sri Lanka stocks close up 0.1-pct, high institutional activity
Dec 11, 2015 (LBO) – Sri Lankan stocks closed up at 0.12 percent after five consecutive days of losses on Friday with gains in Nestle Lanka and high …
“I Paid A Bribe” anti-corruption website launched in Sri Lanka
Dec 11, 2015 (LBO) - Sri Lanka's government and I Paid A Bribe Sri Lanka has launched a "first of its kind" anti-corruption website www.ipaidabribe.lk to crowd …
Sri Lanka female labor force participation could boost productivity: Kvintradze
Dec 11, 2015 (LBO) - Sri Lanka needs labor market reforms including boosting of female labor force participation rate, a senior International Monetary Fund …
Sri Lanka stocks close down 0.3-pct:Turnover high
Dec 10, 2015 (LBO) – Sri Lankan stocks closed down at 0.26 percent for a fifth consecutive day, Thursday with losses in index heavy stocks, brokers said. The …
Sri Lanka currency adjustments terrible: Nishan de Mel
Dec 10, 2015 (LBO) – Sri Lanka’s currency adjustments which are poorly timed affect business planning and confidence of international community while …
IMF concludes fourth post-program monitoring
Dec 10, 2015 (LBO) - The International Monetary Fund concluded its fourth Post-Program Monitoring with Sri Lanka, noting a more challenging external …
Sri Lanka stocks close down 0.1-pct: Eight and a half month low
Dec 09, 2015 (LBO) – Sri Lankan stocks closed down at 0.11 percent for a fourth consecutive day, Wednesday amid the increase in treasury yields after six …
Sri Lanka has borrowings of USD1.5 bln in pipeline for next year
Dec 09, 2015 (LBO) - Sri Lanka may go to international markets to raise up to 1.5 billion dollars next year for budgetary financing, in line with the amount …
Sri Lanka treasury bill yields up at auction
Dec 09, 2015 (LBO) - Sri Lanka's Treasury bill yields were up at Wednesday's auction with the 12-month yield rising 6 basis points to 6.92 percent, data from …
Sri Lanka well placed with end of war, new infrastructure: IMF’s Kvintradze
Dec 09, 2015 (LBO) - With the end of a war and recently built infrastructure, Sri Lanka businesses are well placed to benefit from new opportunities, Eteri …
Sri Lanka stocks close down 0.1-pct
Dec 08, 2015 (LBO) – Sri Lankan stocks closed down at 0.14 percent with losses in Ceylon Tobacco Company and Distilleries Company, brokers said. The Colombo …
Sri Lanka exports fall 6 pct in September, imports down 5-pct
Dec 08, 2015 (LBO) – Sri Lanka external trade continued to contract in September with exports falling 5.9 percent to 850 million US dollars and imports …
Sri Lanka’s tea exports continue decline
Dce 08, 2015 (LBO) – Sri Lanka’s tea exports continued to decline in September 2015 severely affected by lower demand from main tea buyers in Russia and …
Oil prices drop to near 7-year low after OPEC meeting
Nov 08, 2015 (LBO) - Crude oil prices fell six percent to a near seven-year low after OPEC showed no signs of addressing a supply glut following a meeting on …
Asiri Hospitals shows interest in buying Lanka Hospitals
Dec 07, 2015 (LBO) – Sri Lanka Softlogic‘s flagship hospital chain Asiri Hospitals Holdings Plc had shown interest in buying Lanka Hospitals stake, the …