Sri Lanka’s Vallibel One to go ahead with USD60mn integrated resort project
Oct 21, 2015 (LBO) – The leisure investment arm of Vallibel One, Greener Water limited is to continue with its project to construct a 400-roomed luxury five …
Economy & Markets
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Sri Lanka parliament approves borrowing increase, taxes
Oct 21, 2015 (LBO) – Sri Lanka’s parliament has approved raising the ceiling on treasury bill borrowing by 400 billion rupees to finance a higher budget …
Sri Lanka to face tough challenges in adjusting economic reforms: Eran
Oct 21, 2015 (LBO) – Sri Lanka’s new administration is facing a lot of internal and external challenges with the economy received from the former regime …
Sri Lanka needs a proper development policy: German ambassador
Oct 21, 2015 (LBO) – Sri Lanka’s full potential can be achieved if the new government can come up with a proper economic policy framework for the island, …
Ravi K warns companies not paying bonuses due to Super Gains Tax
Oct 20, 2015 (LBO) – Sri Lanka’s Finance Minister Ravi Karunanayake told Parliament Tuesday that the government is in search for big companies that are not …
Sri Lanka BOI chief says land policy for foreigners will be corrected
Oct 20, 2015 (LBO) – Sri Lanka’s Board of Investment says that the new administration will correct the land policy for foreigners which will help to …
Central Bank holds key interest rates unchanged
Oct 20, 2015 (LBO) - Sri Lanka's Central Bank held key interest rates unchanged on Tuesday after a monthly monetary policy announcement citing low inflation, a …
Sri Lanka’s budget deficit around 6.8-pct in 2015: Finance Minister
Oct 20, 2015 (LBO) – Sri Lanka’s budget deficit will be around 6. online pharmacy buy advair with best prices today in the USA 8 percent of GDP for this …
Sri Lanka has USD5 bn FDI in pipeline: BOI’s Upul Jayasuriya
Oct 19, 2015 (LBO) - Sri Lanka has five billion US dollar worth of investments in the pipeline and the main goal of the island’s investment promotion office …
Sri Lanka to increase maximum Treasury bill limit by Rs400bn tomorrow
Oct 19, 2015 (LBO) – Sri Lanka’s Finance Ministry is to present a resolution in parliament tomorrow to increase the current Treasury bill limit by 400 …
Sri Lanka stocks close lower 0.05-pct ahead of monetary policy review
Oct 19, 2015 (LBO) – Sri Lankan stocks closed down on Monday for a fifth consecutive day ahead of the governments monetary policy review, brokers said. The …
CSE to promote Sri Lanka with Zurich, London roadshows this month
Oct 19, 2015 (LBO) - The Colombo Stock Exchange will promote the Sri Lankan market with two roadshows in Zurich and London this month. A breakfast meeting in …
Poll: Central Bank expected to hold interest rates unchanged
Oct 16, 2015 (LBO) - Sri Lanka's Central Bank is expected to hold interest rates unchanged at the monthly monetary policy announcement on Tuesday, market …
Sri Lanka stocks close down 0.1-pct with foreign inflow
Oct 16, 2015 (LBO) – Sri Lankan stocks closed down on Friday for a fourth consecutive day with turnover at a one month low, brokers said. The Colombo …
Janashakthi rights issue approved for AIA General acquisition
Oct 16, 2015 (LBO) – Sri Lanka’s Janashakthi Insurance received the formal go ahead from its shareholders to raise over 3. online pharmacy buy strattera …
Sri Lanka sells USD330mn of one, three and five year development bonds
Oct 16, 2015 (LBO) – The issue of Sri Lanka development bonds amounting to 75 million US dollars have been oversubscribed with 407. buy amoxil online amoxil …
Sri Lanka to cut food import bill by manufacturing locally
Oct 16, 2015 (LBO) – A National Programme on Food Production is being planned by the government of Sri Lanka with the contribution of all the ministries and …