Economy & Markets

Sri Lanka Treasuries yields steady, 3-month rejected

Aug 21, 2013 (LBO) - Sri Lanka's Treasuries yield were steady at Wednesday's auction with six and 12-month yields easing one basis point, data from the state …

Sri Lanka’s John Keells Holdings ‘AAA(lka)’ rating confirmed: Fitch

Aug 19, 2013 (LBO) - Sri Lanka's John Keells Holding's 'AAA(lka)' rating has been confirmed by Fitch with a stable outlook, saying the group has cash reserves …

Sri Lanka mulls listing dollar corporate bonds

Aug 19, 2013 (LBO) - Sri Lanka's Securities and Exchange Commission is in talks with the central bank over permitting dollar denominated corporate bonds to be …

Sri Lanka’s Jaffna peninsula seeks more trade and investment

Aug 18, 2013 (LBO) - Sri Lanka’s northern Jaffna peninsula, which has emerged from a 30-year civil war, has untapped potential for greater investment and …

The bond market, yields and risk: how they work

PARIS, August 18, 2013 (AFP) - The market for debt issued by governments is huge and global, and it provides benchmarks for interest rates across national …

Lower inflation to support Sri Lanka’s sovereign rating: S&P

Aug 17, 2013 (LBO) - A low inflation level maintained by Sri Lanka's central bank is likely to support its credit rating in the future, a senior sovereign …

Sri Lanka policy rates kept flat, external sector to be watched

Aug 16, 2013 (LBO)- Sri Lanka has kept policy rates steady in August with inflation moderate but the external sector will be watched closely amid currency …

Sri Lanka to target mid-single digit inflation next year: CB Governor

Aug 16, 2013 (LBO) - Sri Lanka will target mid-single digit inflation from next year from the current single digit, Central Bank Governor Nivard Cabraal said. …

Sri Lanka hopes for current account surplus in BOP after 2016: CB Governor

Aug 16, 2013 (LBO) - Sri Lanka hopes to have a current account surplus in the balance of payments after 2016 Central Bank Governor Nivard Cabraal said. A …

Sri Lanka stocks close up 1.07-pct

Aug 14, 2013 (LBO) - Sri Lanka's stocks closed up 1.07 percent Wednesday with foreign interest driving up stocks such as Ceylon Tobacco, brokers said. The …

Sri Lanka Treasuries yields flat

Aug 14, 201 3 (LBO) - Sri Lanka's Treasuries yields were flat at Wednesdays auction with the 12-month bills easing one basis point to 10. online pharmacy buy …

Sri Lanka stocks close up 0.2-pct

Aug 13, 2013 (LBO) - Sri Lanka's stocks closed up 0.21 percent Tuesday following with losses in the last few days with gains seen in the large cap stocks, …

Sri Lanka stocks close down 0.3-pct

Aug 12, 2013 (LBO) - Sri Lanka's stocks closed down 0.35 percent Monday following long week-end with losses in the large cap stocks, brokers said. Ceylon …

Sri Lanka’s Nawaloka Hospitals to sell Rs1.5bn in debt

Aug 12, 2013 (LBO) - Sri Lanka's Nawaloka Hospitals Plc will sell 1. online pharmacy buy diflucan with best prices today in the USA 5 billion rupees in …

New Zealand dismisses Sri Lanka Fonterra milk scare

WELLINGTON, August 12, 2013 (AFP) - New Zealand on Monday rejected allegations from Sri Lanka that its dairy products were contaminated with a farm chemical, …

Sri Lanka’s HNB deep discount bond sale to open Aug 23

Aug 11, 2013 (LBO) - The sale of up to three billion rupees in deep discount bonds by Sri Lanka's Hatton National Bank will open on Aug 23. online pharmacy buy …

Sri Lanka Fonterra says milk powder safe, but recalling some product

Aug 09, 2013 (LBO) - Sri Lanka's Fonterra unit said it was recalling some product from the market on a health ministry directive but the chemical alleged to be …

Sri Lanka has ‘mamma bear’ forex reserves

Aug 09, 2013 (LBO) - Sri Lanka probably has 'mamma' bear forex reserves an International Monetary Fund official said responding to the official position that …

Sri Lanka stocks close flat

Aug 08, 2013 (LBO) - Sri Lanka's stocks closed flat Thursday with losses in in the large cap stocks and some banking stocks, brokers said. Ceylon Tobacco …

Sri Lanka Sampath Bank ‘AA’ rating confirmed by RAM

Aug 08, 2013 (LBO) - An 'AA' rating of Sri Lanka's Sampath Bank has been confirmed by RAM Rating Lanka with a stable outlook. online pharmacy buy diflucan with …