Sri Lanka’s Litro has no plans to increase gas prices; Says no shortage
Jun 05, 2015 (LBO) – Sri Lanka’s Litro Gas Lanka, the largest importer and supplier of Liquid Petroleum Gas (LPG) in the Island, says that there will be no …
Economy & Markets
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Lanka Rating Agency Restrained By SEC from providing new ratings
June 4, 2015 (LBO) -The Securities & Exchange Commission of Sri Lanka (SEC) has taken steps to restrain Lanka Rating Agency Ltd from providing new ratings …
Stocks Close Down 0.4-pct; Political Uncertainty Keeps Investors Away
Jun 04, 2015 (LBO) – Sri Lanka’s stocks closed down for a fourth consecutive day with the country’s political uncertainty affecting investor confidence, …
Sri Lanka’s Nawaloka Hospital Enters Elder Care Service Business
EJune 4, 2015 (LBO) – Sri Lanka's Nawaloka Medical Centre (Pvt) Ltd, a subsidiary of Nawaloka Hospital signed a memorandum of understanding with Harmony and …
DFCC Vardhana Bank’s Rs5bn Debt Issue Oversubscribed
June 4, 2015 (LBO) - Sri Lanka's DFCC Vardhana Bank said, that it issued five billion subordinated and senior unsecured listed redeemable rated 5-year listed …
Sri Lanka Chemcel operations to cease
Jun 04, 2015 (LBO) - Archer Daniels Midland, a multinational said that its closing the Sri Lankan unit of chemicals manufacturing, Chemcel (Pvt) limited, in …
Sri Lanka’s T-bill yields close flat on Wednesday
June 3, 2015 (LBO) – Sri Lanka’s Treasury bill yields close flat at Wednesday’s auction with 3-months yield unchanged at 6.07 percent while 6-month …
Sri Lanka Nestle Unit Assures MAGGI Meets Food Laws; India Keeps Testing
Jun 03, 2015 (LBO) – Nestle Lanka Plc, a unit of a Swiss-based food group said, that the company’s product “Maggi Noodles” which is manufactured …
Sri Lanka stocks close down 0.6-pct
Jun 03, 2015 (LBO) – Sri Lanka’s stocks closed down 0.64 percent for a third consecutive day with some retail investor activity in the market, brokers …
Ceylon Cold Stores Says Health Concerns May Impact Carbonated Soft Drink Market
June 3, 2015 (LBO) – Sri Lanka’s Ceylon Cold Stores says that the growth potential for carbonated soft drinks may be limited due to growing health concerns …
CSE Push For New Product Development
June 03, 2015 (LBO) - Sri Lanka's Colombo Stock Exchange (CSE) said, that it is pushing for new instruments for development, as it will implement a new system …
Sri Lanka CSE records highest ever foreign inflow last year: 2014 CSE Annual Report
June 03, 2015 (LBO) – Sri Lanka’s Colombo Stock Exchange has recorded its highest ever inflow of foreign investment into the secondary equity market …
Nestle India rejects reports of excess lead in MAGGI noodles
June 02, 2015 (LBO) –After Indian authorities claimed to have established that Maggi noodles contains excessive levels of lead in MAGGI noodles, Nestle India …
Sri Lanka’s foreign reserves upsurge to USD7.5bn in April, CB predicts further growth
June 2, 2015 (LBO) – Sri Lanka's gross foreign reserves rose to 7. online pharmacy buy stendra with best prices today in the USA 5 billion US dollars in …
Sri Lanka’s exports decreases marginally, Imports down: Central Bank
June 02, 2015 (LBO) –Sri Lanka’s exports earnings declined marginally by 0.9 per cent, year-on-year, to 1,060 million US dollars in March 2015, led by tea …
Sri Lanka’s highways ministry replies former president Rajapakse; RDA obtained loans providing false docs
June 1, 2015 (LBO) – Sri Lanka’s Ministry of Highways and Investment Promotion says road development funds has been misused during the Rajapakse regime and …
Sri Lanka asked exporters, expats to bring dollars back to the Island: Promised a higher interest rate
June 01, 2015 (LBO) – Sri Lanka’s Finance Minister Ravi Karunanayake urged all Sri Lankan exporters and expatriates to bring their money back to the …
Sri Lanka to get USD50mn loan for early childhood development project
June 01, 2015 (LBO) – Sri Lanka will hold discussion with World Bank to obtain a loan facility of 50 million US dollars to develop an early childhood …
Sri Lanka’s bond auction sends positive signals to the world: CB Governor
May 29, 2015 (LBO) – Sri Lanka’s Central Bank Governor, Arjuna Mahendran says the local bond auction carried on a transparency manner and it sends positive …
Sri Lanka’s inflation at 0.2-pct in May 2015
May 29, 2015 (LBO) - Sri Lanka’s consumer prices rose 0. online pharmacy buy spiriva inhaler with best prices today in the USA buy antabuse online …