Sri Lanka Treasuries yields fall
Dec 02, 2015 (LBO) - Sri Lanka's 6-month Treasuries yields fell 10 basis points to 6.30 percent at Wednesday’s auction, data from the state debt office …
Economy & Markets
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Sri Lanka stocks close down 0.5-pct: Institutional activity
Dec 02, 2015 (LBO) – Sri Lankan stocks closed down at 0.47 percent for the sixth straight day on Wednesday with losses in John Keells Holdings and some …
Sri Lanka’s Prime Minister shows green light for port city after long haul back
Dec 02, 2015 (LBO) – Sri Lanka’s Prime Minister Ranil Wickremesinghe today said the country plans to have a 'unique financial and business district' in …
Sri Lanka to consider IMF option next year: PM
Dec 02, 2015 (LBO) - Sri Lanka will consider a stand-by facility from the IMF next year, Prime Minister Ranil Wickremesinghe told parliament. "Next year will …
Sri Lanka’s Carsons to sell Malaysian, Indonesian plantations
Dec 02, 2015 (LBO) – Sri Lanka’s Carson Cumberbatch Group said four of it's subsidiary would sell its Malaysian and Indonesian plantations subject to a …
PM awaits proposals from Central Bank and EPF on EPF, ETF merger
Dec 01, 2015 (LBO) – Sri Lanka’s Prime Minister Ranil Wickramasinghe told Parliament Tuesday that they have decided to obtain proposals from Central Bank …
Single party owns 95 pct of govt securities available to foreign investors
Dec 01, 2015 (LBO) - A single foreign party owns 95 percent of Sri Lanka's government securities available to foreign investors, raising questions about …
Sri Lanka’s CIC sells Chemifix trademark for Rs345mn
Nov 30, 2015 (LBO) - Sri Lanka’s CIC Holdings, who have investments from agriculture to paints said it has sold its Chemifix trademark and other brands …
Sri Lanka stocks close down 0.75-pct: Near eight month low
Nov 30, 2015 (LBO) – Sri Lankan stocks closed down at 0.75 percent on Monday for a fourth consecutive day, recording the highest intra-day drop since …
Colombo inflation accelerates to 3.1-pct in November
Nov 30, 2015 (LBO) – Consumer prices in Sri Lanka’s capital Colombo rose 3.1 percent in November 2015 from a year earlier, up from 1.7 percent in October …
Sri Lanka’s Nawaloka Holdings enters the FMCG sector
Nov 30,2015 (LBO) – Nawaloka Holdings, a diversified conglomerate in Sri Lanka, entered the FMCG sector through its recent acquisition of East West Marketing …
Sri Lanka’s continued high fiscal deficits are credit negative: Moody’s
Nov 30, 2015 (LBO) – Sri Lanka’s fiscal consolidation would further delay if the government increases spending on education, health and infrastructure and …
“Serious concerns” in Sri Lanka budget 2016: Former President
Nov 30, 2015 (LBO) – Sri Lanka’s former President Mahinda Rajapakse in a recent speech said that the new government’s maiden budget seeks to make certain …
Stocks: Three reasons Euro area stocks are compelling
By Steve Brice The volatility in recent months shattered the relative calm that had prevailed in global financial markets for nearly four years. Almost all …
China stocks fall 5.4 pct on brokerage probes
Nov 27, 2015 (LBO) - China equities closed down 5. online pharmacy buy symbicort with best prices today in the USA online pharmacy buy advair rotahaler with …
Sri Lanka removes casino entrance fee, but taxes tightened
Nov 27, 2015 (LBO) – Sri Lanka is to remove the casino entrance fee imposed in the last budget and plans to increase the annual levy imposed on the business …
Sri Lanka stocks close lower 0.04-pct: Continued loses in JKH and banks
Nov 27, 2015 (LBO) – Sri Lankan stocks closed down at 0.04 percent on Friday with losses in John Keells Holdings and some banks, brokers said. The Colombo …