Sri Lanka stocks close down 0.2-pct; Foreigners net sellers
Jun 11, 2015 (LBO) – Sri Lanka’s stocks closed down at 0.17 percent for the fourth consecutive day, Thursday with index heavy stocks making losses and …
Economy & Markets
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Singer Sri Lanka debenture oversubscribed
Jun 11, 2015 (LBO) – Singer Sri Lanka’s 15,000,000 rated senior secure redeemable debenture valued at 1,500,000,000 has been oversubscribed, the Company …
EAP Broadcasting to get new rating for debt issue
June 11, 2015 (LBO) – Sri Lanka’s EAP Broadcasting Company Limited said that it has taken all the steps necessary to obtain another rating for its proposed …
Developing countries to face tough challenges in 2015: World Bank
June 11, 2015 (LBO) – The World Bank says, that developing countries would face a series of tough challenges in 2015, including the looming prospect of …
Sri Lanka’s Hemas Holdings March net down 17.6-pct
June 11, 2015 (LBO) – Sri Lanka's Hemas Holdings which has interests in consumer goods, power and leisure has posted a profit of 771 million rupees in the …
Sri Lanka stocks close down 0.2-pct for third straight day
Jun 10, 2015 (LBO) – Sri Lanka’s stocks closed down at 0.19 percent for the third consecutive day with investors continuing to keep away from trading due …
Sri Lanka’s three month treasury bill yields up
June 10, 2015 (LBO) – Sri Lanka’s six and twelve month treasury bill yields close flat at Wednesday’s auction with the three month yield up by one basis …
Sri Lanka’s Seylan Bank launches new breed of credit cards
June 10, 2015 (LBO) – Sri Lanka’s Seylan Bank launched a new line of credit cards eliminating all fees and slashing down the interest rate, the bank said. …
Sri Lanka’s E B Creasy and Lankem reassess direct and indirect investments
Jun 10, 2015 (LBO) – Sri Lanka’s E B Creasy and Lankem says they have assessed their direct and indirect investments and categorized some of them as …
SEC issues directive to hold debt issue of EAP Broadcasting
June 10, 2015 (LBO) – Sri Lanka’s securities watch dog issued a directive to EAP Broadcasting to hold its debt issue citing a conflict of interest arising …
Sri Lanka government revenues up 21-pct over the first five months of 2015
June 10, 2015 (LBO) – Sri Lanka’s government revenues have increased 21 percent over the first five months of this year against the same period last year, …
Sri Lanka stocks close down 0.2-pct: Political uncertainty keeps investors away
Jun 09, 2015 (LBO) – Sri Lanka’s stocks closed down at 0.16 percent with investors keeping away due to the prevailing unstable political climate and losses …
Australia helps Sri Lanka increase milk production
Jun 09, 2015 (LBO) – Australia’s Wellard Rural Exports, a live cattle exporter is in partnership with the National Live Stock Development Board (NLDB) of …
What should come first in Sri Lanka’s debt market, Regulation or Development?
June 9, 2015 (LBO) – Sri Lanka needs to allow the debt market development through producing new products before regulating it, since the market is pacing …
Sri Lanka stocks close down 0.6-pct; JKH reaches 52 week low
Jun 08, 2015 (LBO) – Sri Lanka’s stocks closed down at 0.62 percent with losses in index heavy and banking stocks, brokers said. The Colombo benchmark All …
Asian debt markets quadruples over the past seven years: HSBC Official
June 08, 2015 (LBO) - Asian debt capital markets have quadrupled over the past seven years and growth momentum will continue in the years to come, a HSBC …
Stocks close higher 0.03-pct; Records lowest turnover since 20 April
Jun 05, 2015 (LBO) – Sri Lanka’s stocks closed higher at 0.03 percent after four consecutive days of losses with index heavy John Keells Holdings showing …
Nestle India to pull out Maggi Noodles off the shelves
June 5, 2015 (LBO) – Nestle India said that it will pull out all the Maggi noodle products from Indian shelves. online pharmacy buy abilify with best prices …
Sri Lanka’s Finance ministry to fund halted projects in Colombo
June 5, 2015 (LBO) – Sri Lanka’s Finance Minister Ravi Karunanayake yesterday said that the government will allocate 1,296 million rupees for 390 projects …
Sri Lanka State Sector Workers Need Training To Improve Efficiency: Eran
June 5, 2015 (LBO) – Sri Lanka’s state sector employees need training to provide a more efficient and professional service to the public, which will be a …