Sri Lanka key interest rates held unchanged in monetary policy review
Aug 31, 2015 (LBO) - Sri Lanka’s Monetary Board held key interest rates unchanged on Monday citing low inflation, steady foreign remittances and earnings …
Economy & Markets
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Sri Lanka sells 04, 05 and 10 year treasury bonds at 9.35–10.34-pct
Aug 31, 2015 (LBO) – The issue of treasury bonds amounting to 30 billion rupees have been oversubscribed with 79. online pharmacy buy ciprodex with best …
Sri Lanka stocks close down 0.6-pct: Low investor activity
Aug 31, 2015 (LBO) – Sri Lankan stocks closed down 0.59 percent on Monday with low investor activity and losses in the index heavy stocks, brokers said. The …
Sri Lanka’s August deflation unchanged at 0.2-pct
Aug 31, 2015 (LBO) – Sri Lanka has reported a deflation in August 2015 of 0. online pharmacy buy strattera with best prices today in the USA buy antabuse …
Coca Cola Sri Lanka license suspended until it addresses contamination: CEA
Aug 31, 2015 (LBO) - The environmental protection license of Coca Cola's Sri Lanka unit will remain suspended until the company responds to an oil seepage into …
US may hike rates in Oct, SL seen holding steady
Aug 31, 2015 (LBO) - There is a little more than fifty percent chance of the United States hiking interest rates in October for the first time in more than a …
Sri Lanka Volkswagen deal needs transparency: Motor Traders’ Chief
Aug 31, 2015 (LBO) – The assembly plant investment by the German automaker Volkswagen in Sri Lanka needs to be transparent and all other motor companies who …
Rare positive correlation between stocks and bonds in US, China
Aug 29, 2015 (LBO) - A rare positive correlation was seen between equities and bonds this week with China's equities plunging and demand for 30-year US …
DFCC Vardhana Bank shareholders approve amalgamation with DFCC
Aug 28, 2015 (LBO) – Shareholders of DFCC Vardhana Bank and DFCC Bank have approved the proposed amalgamation of DFCC Bank with DFCC Vardhana Bank at …
Sri Lanka’s Heladiv to go after Chinese and Indian markets
Aug 28, 2015 (LBO) – Sri Lanka’s HVA foods, which exports ready to drink tea under its “Heladiv” brand, says the company plans to expand more in to …
Sri Lanka stocks close up 1-pct: JKH gains
Aug 28, 2015 (LBO) – Sri Lankan stocks closed up 1.06 percent on Friday for the third consecutive session despite foreign selling as the bargain hunters …
Ceylon Printers to raise Rs30mn through rights issue
Aug 28, 2015 (LBO) – Sri Lanka’s stationery merchants and printing firm, Ceylon Printers, is to raise 30 million rupees by way of a rights issue, the …
Interview: Sri Lanka BOP pressured by consumer spending, external woes
Aug 28, 2015 (LBO) - Post-war stimulus packages by Sri Lanka's government have pushed up consumption demand which is now having an adverse impact on the trade …
ADB to triple Sri Lanka education sector lending to USD1bn
Aug 28, 2015 (LBO) - The Asian Development Bank (ADB) said it will support Sri Lanka’s human capital development for the next five years though strengthening …
Debt Report: Money market keeps close eye on CB T-bill holdings, interest rates pick up
Aug 27, 2015 (LBO) - Sri Lanka money markets kept a close eye on treasury bill purchases by Sri Lanka's central bank this week, as interest rates rose amid …
Sri Lanka not the only nice girl on the beach: Policy maker
Aug 27, 2015 (LBO) – Sri Lanka needs to build goods and services which can be competitive in the global market and plug in to value chains to gain cost …
Ceylon Asset Management replies to Fitch on income fund rating
Aug 27, August (LBO) - Ceylon Asset Management, commenting on the Fitch Rating press release which maintained the A (lka) credit quality rating of the Ceylon …
Fitch Maintains Ceylon Income Fund on Rating Watch Negative
Aug 27, 2015 (LBO) - Fitch Ratings has maintained the '(A(lka))' national fund credit quality rating of the Ceylon Income Fund on a negative rating, a …
US markets rally, appears to shake off China worries
Aug 27, 2015 (LBO) - US markets rallied on Wednesday appearing to shake off fears about China, but all eyes will be once again on the Shanghai Composite Index …
Finance ministry calls for proposals for 2016 budget
Aug 27, 2015 (LBO) - Sri Lanka's Ministry of Finance has requested public and private sector institutions and the general public to submit proposals for …