Sri Lanka should act on efficient water use early: IWMI
Mar 22, 2013 (LBO) - Urbanization, industrialization and agriculture is straining Sri Lanka's water resources, with a post-waar economic revival in Jaffna seen …
Economy & Markets
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Merchant Bank of Sri Lanka wraps up debenture
Mar 21, 2013 (LBO) - Merchant Bank of Sri Lanka, a unit state-run Bank of Ceylon said it had raised 2. buy amoxicillin online …
Sri Lanka to start residency scheme for foreign nationals
Mar 20, 2013 (LBO) - Sri Lanka will introduce a residency scheme for foreign nationals who want to work or start businesses in the island as part of a revamp …
Sri Lanka Sampath Bank raises US$100mn from syndicated loan
Mar 20, 2013 (LBO) - Sri Lanka's Sampath Bank Plc, said it had raised 100 million US dollars from loan syndicated by HSBC, with Middle Eastern lenders being …
Sri Lanka Treasuries yields up
Mar 20, 2013 (LBO) - Sri Lanka's Treasuries yields rose across maturities at Wednesday's auction with the 6-month yield rising 10 basis points to 10.25 …
Sri Lanka to see focus change in future Japan aid
Mar 20, 2013 (LBO) - Japan may gradually shift its aid to Sri Lanka from basic infrastructure to areas such as disaster management, health and education and …
Fitch cuts Sri Lanka Mutlti Finance outlook, ‘B+(lka)’ rating confirmed
Mar 19, 2013 (LBO) - Fitch Ratings said it has confirmed the 'B+(lka)' rating of Sri Lanka's Multi Finance Plc, a registered finance company, but has cut its …
Sri Lanka’s People’s Leasing wraps up largest listed bond issue
Mar 19, 2013 (LBO) - Sri Lanka's People's Leasing and Finance Plc, the country's largest non-bank lender said it had sold 6. buy hydroxychloroquine online …
Sri Lanka sells US$129mn in floating rate bonds
Mar 19, 2013 (LBO) - Sri Lanka has sold 129 million US dollars in 3-year dollar denominated bond at an average yield of 400 basis points above the London …
Sri Lanka planned land rights legislation queried
Mar 19, 2013 (LBO) - A law to apparently improve people's absolute property rights while another declared policy is aimed at taking away existing liberties has …
Sri Lanka external stability: retaining investor confidence is key: Moody’s
Mar 16, 2013 (LBO) - Retaining the confidence of external portfolio investors in key to maintaining stability in the exchange rate and balance of payments, …
Sri Lanka offers tax-free zone at new airport
MATTALA, Sri Lanka (AFP) - Sri Lanka is turning its newest international airport opening Monday into a tax-free zone to attract aviation-related industries, a …
Sri Lanka casino tax cut under fire
Mar 16, 2013 (LBO) - A proposal to lift a series of taxes from casinos and impose only a five percent tax has drawn fire from Sri Lanka's main opposition, as …
Sri Lanka legislative change would promote fiscal irresponsibility: legislator
Mar 15, 2013 (LBO) - Proposed changes to law aimed at restraining excessive spending by Sri Lanka's rulers will promote fiscal irresponsibility and also …
Sri Lanka GDP grew 6.4-pct in 2012: census dept
Mar 15, 2013 (LBO) - Sri Lanka's gross domestic product grew 6.4 percent in 2012, slowing from 8.2 percent in 2011, with industry growing 10. buy metformin …
Sri Lanka Lankem ‘A-‘ rating confirmed: RAM
Mar 13, 2013 (LBO) - RAM Ratings Lanka said it had confirmed an 'A-' rating on Lankem Ceylon Plc, with a 'stable' outlook. buy vibramycin online …
Sri Lanka faces slower growth and external pressure: Moody’s
Mar 13, 2013 (LBO) - Sri Lanka is facing higher external pressure due to lack on a program with the International Monetary Fund and also slower growth, Moody's …
Sri Lanka Treasuries yields up
Mar 13, 2013 (LBO) - Sri Lanka's Treasuries yields edged up across maturities at Wednesday's auction with the three month yield rising 05 basis points to 9. …
Sri Lanka prices not to fall after dropping ‘halal’ label
Mar 12, 2013 (LBO) - Sri Lanka's influential Ceylon Chamber of Commerce announced that the cost of halal certification was so "insignificant" that it was not …
Sri Lanka cuts coining cost with Finish, Dutch and Slovak mints
Mar 12, 2013 (LBO) - Sri Lanka has cut coin issue costs from 2013 by allowing more international coin producers to bid for minting contracts, Central Bank …