Some dollars flowing back into emerging market bonds
Nov 03, 2015 (LBO) - Despite a slowdown in China which led to selling of emerging market bonds over the last two years, some investors are getting back in, a …
Economy & Markets
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Sri Lanka taxes to go online
Nov 03, 2015 (LBO) – Sri Lanka plans to increase revenue collection by setting up a platform for the public to pay taxes through an online based system, the …
Sewage line caused delay in construction: Nawaloka Hospitals
Nov 02, 2015 (LBO) – Sri Lankan health care provider Nawaloka Hospitals on Monday said a proposed construction work has been delayed due to a detection of an …
Sri Lanka stocks close down 0.2-pct: Low investor activity
Nov 02, 2015 (LBO) – Sri Lankan stocks closed down at 0.18 percent on Monday following losses in some index heavy stocks with low investor activity and …
Sri Lanka’s Access Engineering to raise Rs5bn from listed debenture
Nov 02, 2015 (LBO) – Sri Lanka’s construction giant, Access Engineering is to raise 5. online pharmacy buy ciprodex with best prices today in the USA …
Sri Lanka’s Carson Cumberbatch to purchase Equity One shares
Nov 02, 2015 (LBO) – Sri Lanka’s diversified Carson Cumberbatch on Monday said it intends to make an offer to purchase remaining Equity One ordinary shares …
Finance Minister wants lower interest rates, IMF show of support
Nov 02, 2015 (LBO) - Sri Lanka's Finance Minister has called for lower interest rates in the island and for the IMF to support the island's development …
Interview: Three cases reopened, investigation division to expand in Nov, says SEC Chairman
Nov 02, 2015 (LBO) - The Securities and Exchange Commission of Sri Lanka has reopened three cases as part of probes that will be carried out by an expanded …
Norwegian sovereign fund invests in Sri Lanka equities
Oct 31, 2015 (LBO) - Norway's central bank, which manages the world's biggest sovereign wealth fund, has started buying shares in Colombo listed companies. …
Sri Lanka’s deflation turns to 1.7-pct inflation in October
Oct 30, 2015 (LBO) – Sri Lanka has recorded 1.7 percent inflation in October measured by Colombo Consumer Price Index after three consecutive months of …
Sri Lanka sells Rs10.36bn in 04 and 14 year bonds
Oct 30, 2015 (LBO) – The issue of treasury bonds amounting to 9 billion rupees have been oversubscribed with 72 billion rupees of bids received from …
Sri Lanka’s John Keells Hotels profits flat in September quarter
Oct 30, 2015 (LBO) - Sri Lankan hotel operator, John Keells Hotels Plc’s profits increased by only 2 percent to 350 million rupees in the September quarter …
CB Governor slams CEB, CPC and SriLankan for dragging down state banks
Oct 30, 2015 (LBO) – Sri Lanka’s Central Bank Governor Arjuna Mahendran on Thursday slammed inefficient state-owned enterprises as they have created losses …
China ends decades old “one child” policy, now they can have two
Oct 30, 2015 (LBO) - China's Communist Party has ended a decades-old 'one child' policy and married couples will now be allowed to have two children. online …
Sri Lanka seeks to connect tax payers with revenue office online
Oct 30, 2015 (LBO) – Sri Lanka is looking at the possibilities of connecting the island’s revenue collection office with tax payers directly to streamline …
We need a political strategy to empower state enterprises, reduce tax payer burden: Eran
Oct 30, 2015 (LBO) – Sri Lanka needs to have a political strategy to support the implementation of reforms and restructurings of state owned enterprises to …
Sri Lanka stocks close down 0.3-pct: Net foreign out flow 319mn
Oct 29, 2015 (LBO) – Sri Lankan stocks closed down at 0.34 percent on Thursday with losses in index heavy stocks after a two week high, brokers said. The …
Sri Lanka to obtain arid climate resistant fruit species from Egypt
Oct 29, 2015 (LBO) - Sri Lanka will enter into a memorandum of understanding between the ministry of agriculture of Sri Lanka and the ministry of agriculture …