Sri Lankan loans based on consensus, says china: Report
Mar 03, 2015 (LBO) - Sri Lanka’s loans obtained from China were based on consensus through consultations between the two countries, quoting Chinese …
Economy & Markets
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Sri Lanka’s Central Bank removes 5 pct- policy rate as credit picked up
Mar 03, 2015 (LBO) – Sri Lanka Central Bank removed 5.0 percent Standing Deposit Facility rate, given the signs of sustained increase in credit flows to …
Sri Lanka Treasury bill yields up in March 03rd: Central Bank
Mar 03, 2015 (LBO) - Sri Lanka's Treasury bill yields were up on Tuesday’s auction with the 12-month yield increased to 6.99 percent from 6.13 percent …
Fitch rates National Development Bank’s senior debentures ‘AA-(lka)(EXP)’
Mar 02, 2015 (LBO) – Sri Lanka’s National Development Bank PLC's proposed senior debentures of up to 7.5 billion rupees which will be used to refinance …
Sri Lanka construction sector eyed by Turkish investors
Mar 02, 2015 (LBO) - Sri Lanka's construction sector is a key area of interest for Turkish companies scouting for investment opportunities, Turkey ambassador …
Sri Lanka’s President cancels 16 foreign firms mining licenses
Mar 02, 2015 (LBO) - Sri Lanka's new president has cancelled mining licenses which has been issued by the former regime to 16 foreign companies to engage in …
Sri Lanka raises Rs10bn from 30-year bonds
Feb 27, 2015 (LBO) - Sri Lanka's raised 10,058 million rupees from a 30-year bond which yield 11. buy antabuse online …
Sri Lanka JKH to terminate Fitch rating agreement
Feb 27, 2015 (LBO) - Sri Lanka's John Keells Holdings has informed Fitch Ratings Lanka, a rating agency that it will terminate its rating agreement with the …
Sri Lanka’s tax on liquor manufacturers to boost market share of Distilleries Corp: Fitch
Feb 27, 2015 (LBO) – Sri Lanka’s market leader in alcoholic beverage production Distilleries Corporation of Sri Lanka (DIST) would be able to expand its …
Sri Lanka raises Rs10bn from 30-year bonds
Feb 27, 2015 (LBO) - Sri Lanka's raised 10,058 million rupees from a 30-year bond which yield 11.73 percent at an auction today, data from the state debt …
Sri Lanka’s inflation drops to 2.9-pct in Feb 2015: Central Bank
Feb 27, 2015 (LBO) –Sri Lanka inflation declined to 2.9 percent in February 2015 from 3.2 percent in January 2015, on a year-on year basis, as a result …
Sri Lanka Hayleys’s Rs2bn debt issue oversubscribed
Feb 26, 2015 (LBO) – Sri Lanka, Hayleys PLC’s issue of 20,000,000 senior unsecured listed redeemable rated debentures was oversubscribed today receiving …
Sri Lanka Central Bank asked all banks to pay 15-pct interest to 60+ depositors
Feb 26, 2015 (LBO) – Sri Lanka's Central Bank has asked all the banks to pay 15 percent interest for term deposits of up to a million rupees, held by …
Sri Lanka port city project would create infrastructural and sewage disposal issues: Deputy Minister
Feb 26, 2015 (LBO) - Sri Lanka’s Chinese funded port city project would have infrastructural and sewage disposal issues once implemented, Deputy Minister …
Sri Lanka’s forex reserves down to US$7.26bn in Jan 2015: Central bank
Feb 26, 2015 (LBO) - Sri Lanka's forex reserves fell to 7.261 million US dollars in January 2015, from 8.208 million US dollars in December 2015,official data …
Sri Lanka to get World Bank support in implementing policies to reduce poverty
Feb 24, 2015 (LBO) – World Bank’s vice president for the South Asia Region Annette Dixon said the Bank would partner with the government to help …
Sri Lanka’s Cargills says the new regime has revisit the ‘deemed VAT’
Feb 20, 2015 (LBO) –The new government had to revisit the 'deemed Value Added Tax' where it was asked by the new administration to pay tax on …
India’s Prime Minister Modi to visit Sri Lanka: First visit after 28 years
Feb 20, 2015 (LBO) – India’s Prime Minister Narendra Modi will visit Sri Lanka on March 13 which is the first visit by an Indian leader to the …
Sri Lanka’s discussion with IMF and the World Bank begun
Feb 20, 2015 (LBO) - Sri Lanka's Finance Minister Ravi Karunanayake has begun discussions with World Bank Managing Director Sri Mulyani Indrawati and with IMF …
Sri Lanka Hayleys to issue debentures
Feb 19, 2015 (LBO) – Sri Lanka, Hayleys PLC, which has interests in export manufacturing, power, leisure and plantations to issue senior unsecured listed …