Japan boosts Sri Lanka public sector capacity
June 03, 2014 (LBO) - Sri Lanka's public sector officials had been given a grant of 215 million yen (245 million rupees) in scholarships to follow Masters' …
Economy & Markets
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Sri Lanka stocks close up 0.5-pct
June 02, 2014 (LBO) - Sri Lanka's stocks closed up 0.46 percent on Monday with diversified conglomerate Carson Cumberbatch gaining amid strong foreign buying, …
Sri Lanka foreign remittances to peak in 2017: CB Governor
June 02, 2014 (LBO) - Sri Lanka's foreign remittances is expected to peak in 2017 with those seeking employment abroad beginning to decrease, Central Bank …
Distilleries Company of Sri Lanka sees revenue pick up
May 31, 2014 (LBO) - Distilleries Company of Sri Lanka, the island's largest alcohol maker which was hit by tax hikes and incomes decimated from currency …
Sri Lanka seeks JVs with foreign investors to cater to domestic market
May 30, 2014 (LBO) - Sri Lanka wants foreign investors to set up joint ventures where the output will be allowed to be sold to the domestic market, investment …
Sri Lanka economic outlook positive; should watch external shocks, drought: IMF
May 30, 2014 (LBO) - The outlook for Sri Lanka's economy was positive with low inflation and stronger growth driven by exports, but the country should watch …
Sri Lanka stocks close down 0.6-pct
May 30, 2014 (LBO) - Sri Lanka's stocks closed down 0.64 percent on Friday with diversified, food and tobacco stocks losing ground despite net foreign buying, …
Sri Lanka’s inflation at 3.2-pct in May 2014
May 30, 2014 (LBO) - Sri Lanka's consumer prices rose 3.2 percent in the year to May 2014, slowing from 4.9 percent in April, though prices rose 0.buy …
Foreign direct investment in to Sri Lanka doubles to US442mn in 1Q
May 29, 2014 (LBO) - Foreign direct investments into Sri Lanka doubled from a year earlier to 442 million US dollars in the first quarter of 2014, investment …
Sri Lanka stocks close up 0.5-pct
May 29, 2014 (LBO) - Sri Lanka's stocks closed up 0.5 percent on Thursday with strong foreign participation amid eased foreign exchange controls, brokers said. …
Sri Lanka private consumption explains gap between GDP and reality: economist
May 29, 2014 (LBO) - Sri Lankan firms are experiencing a downturn, despite apparently high gross domestic product growth last year due to weak domestic …
Sri Lanka relaxes exchange controls, foreign investment in corporate debt
May 29, 2014 (LBO) - Sri Lanka has allowed foreign investors to buy debt securities of unlisted private companies also relaxed a series of exchange controls on …
Sri Lanka long bond yields slightly up
May 28, 2014 (LBO) - Sri Lanka's long bond yield rose slightly at an auction Tuesday according to data from the state debt office, through keeping broadly in …
Sri Lanka’s central bank does not want the rupee to appreciate quickly: Deputy Governor
May 28, 2014 (LBO) - Sri Lanka's Central Bank did not want the rupee to appreciate quickly and had bought dollars heavily in the market to prevent an …
Sri Lanka stocks close higher
May 28, 2014 (LBO) - Sri Lanka's stocks closed in positive directions on Wednesday despite relatively low foreign participation on the bourse, brokers said. …
Sri Lanka stocks close down 0.4-pct
May 27, 2014 (LBO) - Sri Lanka's stocks closed down 0.41 percent with telco stocks losing ground despite continued low foreign participation, brokers said. …
Sri Lanka borrows US$275mn from ADB for roads, education
May 27, 2014 (LBO) - The Asian Development Bank said it would loan 175 million US dollars to build roads and boost the state university system to generate …
Sri Lanka stocks close up 0.2-pct
May 26, 2014 (LBO) - Sri Lanka's stocks closed up with telco and other index heavy stocks gaining despite low foreign participation, brokers said. Sri Lanka …
Sri Lanka’s forex reserves US$8.1bn; BOP surplus up with weak credit
May 26, 2014 (LBO) - Sri Lanka's balance of payments surplus or the gap between international receipts and payments widened to 828.8 million US dollars, the …
Sri Lanka employment diversity forum by SLASSCOM with all female panel
May 25, 2014 (LBO) - Sri Lanka's information technology chamber is has organized a forum on workplace diversity, with a top Microsoft executive and academic to …