Sri Lanka’s six and twelve months Treasury bill yields up
Aug 05, 2015 (LBO) – Sri Lanka’s Treasury bill yields were up at Wednesday’s auction with the 6-month yield up 07 basis points to close at 6. buy albenza …
Economy & Markets
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Sri Lanka should have simple, clear, predictable economic policies: Razeen Sally
Aug 05, 2015 (LBO) – Sri Lanka should have policies that are simple, clear and predictable for the economy to move ahead rather than a plethora that hold …
Sri Lanka should move on to next generation of reforms to achieve USD50bn export target: PM
Aug 04, 2015 (LBO) - Sri Lanka has to move towards the next generation of reforms, opening up factor and product markets while fasting government approval …
Sri Lanka stocks close down 0.4 -pct
Aug 04, 2015 (LBO) – Sri Lanka’s stocks closed down 0.36 percent on Tuesday, following four straight days of gains and profit taking by investors, brokers …
Sri Lanka sells Rs25.7bn in 06 and 10 year treasury bonds
Aug 04, 2015 (LBO) – The issue of treasury bonds amounting to 20.00 billion rupees have been oversubscribed with 105.9 billion rupees of bids received from …
Sri Lanka to build economic development zones to encourage investments
Aug 04, 2015 (LBO) – Sri Lanka is planning to build economic development zones grouping about four investment zones to encourage investment and support 50 …
Sri Lanka’s Haycarb profit margins pressed by downturn in gold mining industry
Aug 04, 2015 (LBO) – Sri Lankan coconut shell-based activated carbon manufacture Haycarb’s June 2015 quarter profits rose 4 percent to 135 million rupees …
Sri Lanka’s Ceylon Chamber economic policy forum kicks off
Aug, 04, 2015 (LBO) - Sri Lanka's Economic Summit 2015, with the participation of Sri Lanka's President Maithripala Sirisena and Ranil Wickremesinghe will kick …
Sri Lanka’s BOI to apply provisions of 2006 to avoid confusions on investments
Aug 04, 2015 (LBO) – Sri Lanka’s Board of Investment on Monday clarified their position with regard to the confusions aroused after the mini budget …
Sri Lanka stocks close higher 0.06-pct
Aug 03, 2015 (LBO) – Sri Lanka’s stocks closed higher 0.06 percent on Monday, with index heavy stocks making gains on expectations of strong corporate …
Sri Lanka’s Bansei Royal Resort to build a food village in Hikkaduwa to boost revenue
Aug 03, 2015 (LBO) – Sri Lanka’s Bansei Royal Resort, managed by resort chain Jetwing leisure group is planning to build a ‘food village’ in Hikkaduwa, …
Sri Lanka’s budget 2016 targets budget deficit of 5.5 pct- of GDP
Aug 03, 2015 (LBO) – Sri Lanka wants to reduce the budget deficit to 5. buy elavil online …
Sri Lanka’s Fitch affirms Lion Brewery at ‘AA-(lka)’ with stable outlook
July 31, 2015 (LBO) – Sri Lanka’s Fitch Ratings has affirmed Lion Brewery (Ceylon) national long-term rating at 'AA-(lka)' with a stable outlook. The …
Sri Lanka records a deflation of 0.2-pct in July after two decades
July 30, 2015 (LBO) – Sri Lanka has experienced a deflation of 0.2 percent for July 2015, for the first time after March 1995. The main contributor for this …
Polonnaruwa to become a metro city at cost of Rs16 bn
July 30, 2015 (LBO) – Sri Lanka's north central heritage city Polonnaruwa to develop as a metro city at a cost 16,650 million rupees, cabinet spokesman …
Sri Lanka’s outstanding public debt stands at Rs7.9 trillion
July 30, 2015 (LBO) – Sri Lanka's total outstanding public debt including debt taken by state enterprises was 7,959,939 million rupees as at the beginning of …
Fitch affirms Continental Insurance Lanka at ‘A-(lka)’ with stable outlook
July 30, 2015 (LBO) – Sri Lanka's Fitch Ratings has affirmed Continental Insurance Lanka's national insurer financial strength rating and national long-term …
Sri Lanka’s Dankotuwa Porcelain to raise Rs722mn through rights issue
July 30, 2015 (LBO) – Sri Lanka’s tableware exporter Dankotuwa Porcelain is to raise 722 million rupees by way of a rights issue, the company said in a …
Sri Lanka’s Cargills profits surged in June quarter
July 30, 2015 (LBO) – Profits at Sri Lanka’s Cargills (Ceylon), with interests in retailing and fast moving consumer goods, jumped to 390.6 million rupees …
Fed keeps key interest rates unchanged after policy meeting
July 30, 2015 (LBO) – The United States Federal Reserve on Wednesday stayed quiet on key rate hike saying economic conditions warrant keeping the target …