Sri Lanka exporters moving beyond labour arbitrage
Sept 25, 2013 (LBO) - Sri Lanka's high end apparel and information technology firms are moving beyond labour arbitrage to leverage knowledge and supply chain …
Economy & Markets
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Sri Lanka should keep policy on hold, make structural changes: IMF
Monetary Stance Sept 25, 2013 (LBO) - Sri Lanka should keep monetary policy on hold but make structural change to boost growth, an International Monetary Fund …
Sri Lanka Treasuries yields steady
Sept 25, 2013 (LBO) - Sri Lanka's Treasuries yields eased on shorter maturities at Wednesday's auction despite more than the offered amount being sold to …
Sri Lanka forex reserves rise to US$7.0bn in September
Sept 25, 2013 (LBO) - Sri Lanka's forex reserves rose to 7.0 billion US dollars by September 23, 2013 up from 6.3 billion in July, boosted by capital inflows, …
Protests as Maldives Supreme Court suspends elections
MALÉ, September 23, 2013 (AFP) - The Supreme Court of the Maldives on Monday suspended presidential elections due this weekend following a legal challenge, …
Sri Lanka has to fix primary schools as well as universities
Sept 24, 2013 (LBO) - Sri Lanka has to fix its primary school system where up to half the students are failing their junior high school exam, as well as …
Sri Lanka’s NDB proposed bonds rated ‘B+(EXP) by Fitch
Sept 24, 2013 (LBO) - A proposed bond by Sri Lanka's National Development Bank has been given an expected 'B+ (EXP)' rating by Fitch. National Long-Term Rating …
Airbus predicts 29,000 new planes needed by 2032
LONDON, September 24, 2013 (AFP) - Airbus predicts that the world will need more than 29,000 new commercial planes over the next 20 years to respond to higher …
Sri Lanka stocks up, rupee edges lower
Sept 24, 2013 (LBO) - Sri Lanka stocks closed 0.20 percent higher on Tuesday in a broad rally helped by foreign buying while the rupee lost ground, dealers …
Sri Lanka Abans’ planned Rs2.0bn debt rated ‘A-(lka)(EXP)’ by Fitch
Sept 24, 2013 (LBO) - A planned debt 2.0 billion rupee debt sale by Sri Lanka's Abans Limited has been given an expected 'A-(lka) (EXP)' rating by Fitch …
Sri Lanka’s Nawaloka debenture offer taken up
Sept 24, 2013 (LBO) - A one and a half billion rupee listed debenture offer by Sri Lanka's Nawaloka Hospitals has been fully subscribed.online pharmacy …
Sri Lanka stocks down, rupee stronger
Sept 23, 2013 (LBO) - Sri Lanka stocks fell 0.54 percent Monday losing some of gains from a surge on Friday the rupee strengthened, brokers and dealers said. …
Sri Lanka bank liquidity surge, overnight rates lower
Sept 23, 2013 (LBO) - Sri Lanka's interbank rupee liquidity has surged to 80 billion rupees, following the conversion of proceeds of the a dollar bond by a …
Sri Lanka stocks down, rupee stronger
Sept 23, 2013 (LBO) - Sri Lanka stocks fell 0.54 percent Monday losing some of gains from a surge on Friday the rupee strengthened, brokers and dealers said. …
Sri Lanka’s NDB proposed bonds rated ‘B+’
Sept 23, 2013 (LBO) - A proposed bond by National Development Bank Plc, has been rated by 'B+' by Standard and Poor's, a rating agency. "The proposed notes …
Sri Lanka’s LOLC ‘[SL] A-‘ rating confirmed, outlook lowered
Sept 23, 2013 (LBO) - ICRA Lanka has confirmed an '[SL] A-' rating of Lanka Orix Leasing Company (LOLC) and two subsidiaries, and has lowered its outlook to …
SriLankan flight diverted over bomb claim
Sept 22, 2013 (LBO) - State-run SriLankan Airlines said its flight to London's Heathrow airport was diverted to Stansted after a passenger claimed that he had …
Sri Lanka’s DFCC Bank assigned ‘B’ rating ahead of bond sale
Sept 20, 2013 (LBO) - Sri Lanka's DFCC Bank has been given a 'B' international rating by Standard and Poor's ahead of a bond sale. "DFCC's business position …
Sri Lanka’s first online investment application from UK oil services firm
Sept 19, 2013 (LBO) - Sri Lanka's foreign investment agency said a UK based oil services firm had been the first to use its online investment application …
Four Sri Lankans on global economics blog
Sep 19, 2013 (LBO) - Future Development: Economics to End Poverty, a blog to create a discussion on global development issues has been launched, led by World …