Fitch Maintains Ceylon Income Fund on Rating Watch Negative
Sep 03, 2015 (LBO) -Fitch Ratings said it has maintained the '(A(lka))' National Fund Credit Quality Rating of the Ceylon Income Fund on Rating Watch …
Economy & Markets
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Sri Lanka stocks close higher 0.07-pct, net foreign outflow
Sep 03, 2015 (LBO) – Sri Lankan stocks closed higher 0.07 percent on Thursday after three days of losses with index heavy stocks showing gains, brokers said. …
Eden Hotel Lanka to raise Rs1.05bn through rights issue
Sep 03, 2015 (LBO) – Eden Hotel Lanka, a leisure sector player is to raise 1. online pharmacy buy ciprodex with best prices today in the USA online pharmacy …
Sri Lanka to receive USD1.1 bn under RBI swap arrangement: Central Bank Governor
Sept 03, 2015 (LBO) - Sri Lanka will receive the balance 1. buy ivermectin online …
Sri Lanka gearing up for period of continuous growth: Softlogic Stockbrokers
Sep 03, 2015 (LBO) – Sri Lanka is heading into a decisive phase and we expect continuous growth in the island for the next few years through consistent …
Sri Lanka govt must be consistent, speak with one voice: Pathfinder Foundation
Sep 03, 2015 (LBO) – Sri Lankan think tank Pathfinder Foundation urged the new national unity government to speak with one voice on necessary, urgent …
Asian stocks up as China takes long week-end break
Sep 03, 2015 (LBO) – Asian markets opened higher on Thursday, following a Wall Street rally on Wednesday and stronger commodity prices, foreign media reports …
Asia’s SMEs need more growth capital to be competitive: ADB
Sep 03, 2015 (LBO) – Sri Lanka’s and the rest of Asia’s small and medium sized enterprises (SMEs) need finance to help them grow into dynamic, …
Sri Lanka treasury bill yields up; 1-year up 20 bp at 7.17pct
Sep 02, 2015 (LBO) - Sri Lanka's treasury yields were up at Wednesday's auction with the 3-month yield up 26 basis points to 6. online pharmacy synthroid no …
Sri Lanka stocks close down 0.8-pct
Sep 02, 2015 (LBO) – Sri Lankan stocks closed down 0.80 percent on Wednesday for the third consecutive session with investors continuing to take profits, …
Sri Lanka Kalpitiya Beach Resort says new plan on track
Sep 02, 2015 (LBO) – Sri Lanka’s troubled Kalpitiya Beach Resort, a subsidiary of Citrus Leisure PLC which blamed the former government for not developing …
Sri Lanka accounting body urges govt to maintain & publish accounts
Sep 02, 2015 (LBO) – Sri Lanka’s Institute of Chartered Accountants, a professional accounting, body urged the government to maintain accounts and publish …
Global markets plunge on weak China factory data
Sept 02, 2015 (LBO) - Data from China suggesting a contraction in factory activity threw global markets into a selling frenzy Tuesday with the U.S. S&P 500 …
Coca Cola Sri Lanka resumes operations, will pay compensation: CEA
Sept 01, 2015 (LBO) - The environmental protection license of Coca Cola’s Sri Lanka unit has been reinstated after the company addresed the oil seepage into …
Sri Lanka stocks close down 0.1-pct: Profit taking
Sep 01, 2015 (LBO) – Sri Lankan stocks closed down 0.11 percent on Tuesday with investor taking profit and losses in the banking sector stocks, brokers said. …
Nestle Lanka continues Rs 10bn investment plan; to comply with listing rule
Sep 01, 2015 (LBO) – Nestlé Lanka, a unit of the Swiss-based food group, said they would continue to invest in infrastructure, brands and people as part of …
ICRA Lanka assigns BBB- rating for Sanasa Development Bank
Sep 01, 2015 (LBO) – ICRA Lanka Limited, a wholly owned subsidiary of ICRA Ltd, a group company of Moody’s Investors Service has assigned the Issuer rating …
Sri Lanka Markets: liquidity at Rs25 Bn; USD/LKR 134.50
Sept 01, 2015 (LBO) - The liquidity surplus in Sri Lanka's money market was 25 billion rupees compared with 46 billion rupees last week, while the rupee traded …
Oil prices volatile after OPEC comments, now down 3 pct
Sept 01, 2015 (LBO) - Oil prices remained volatile in Asian trade on Tuesday plunging three percent after an eight percent rally earlier on reports that OPEC …
Colombo City Center on track, 54 pct apartments booked: Abans
Sep 01, 2015 (LBO) – Sri Lanka’s Abans group says their joint venture Colombo City Center, which began with a 150 million dollar investment, is on track …