Economy & Markets

Sri Lanka sells long bonds

Jan 30, 2012 (LBO) - Sri Lanka has sold 10-year bonds to yield 10. buy levofloxacin online …

Sri Lanka shares close up 0.5-pct

Jan 30, 2012 (LBO) - Sri Lankan closed higher Monday, on the back of Friday's gains but a strong rally at the opening petered out towards the end as investors …

Sri Lanka contracts to China queried by legislator

Jan 27, 2012 (LBO) - A series of construction contracts given to Chinese firms mostly with borrowed money from China which will have to re-paid by Sri Lanka, …

Sri Lanka shares end up 2.4-pct

Jan 27, 2012 (LBO) - Sri Lankan closed sharply higher Friday recovering more ground after recent heavy losses with turnover also high and investors buying into …

Sri Lanka in talks with Qatar for toll expressway, resorts: economic minister

Jan 26, 2012 (LBO) - The State of Qatar is in talks with Sri Lanka to build a toll expressway from the island's main international airport to the northwestern …

Sri Lanka mulls special passports for business people

Jan 26, 2012 (LBO) - A Sri Lankan business chamber is negotiating with immigration authorities to secure special passports for business people to help them cut …

Sri Lanka needs to grow food to stabilize exchange rate: Treasury secretary

Jan 26, 2012 (LBO) - Sri Lanka has to grow more food to reduce imports which will help strengthen the exchange rate, Treasury Secretary P B Jayasundera said, …

Sri Lanka stocks recover losses

Jan 26, 2012 (LBO) - Sri Lanka's stock closed up 0.65 percent Thursday recovering losses for the second day, with turnover rising, and index heavy John Keells …

Sri Lanka must not intervene excessively to maintain peg: economic minister

Jan 26, 2012 (LBO) - Sri Lanka should not intervene excessively to maintain a peg with the US dollar, economic development minister Basil Rajapaksa said as …

Sri Lanka Treasuries flat

Jan 25, 2012 (LBO) - Sri Lanka's Treasuries yields were flat across maturities at Wednesday's auction with 14.3 billion rupees of bills being sold, the state …

Sri Lanka stocks closed up 0.3-pct

Jan 25, 2012 (LBO) - Sri Lanka's stocks closed up 0. online pharmacy buy champix with best prices today in the USA 36 percent Wednesday with illiquid stocks …

Sri Lanka’s foreign reserves down 23.4-pct from peak in Nov

Jan 25, 2012 (LBO) - Sri Lanka's foreign exchange reserves fell 23.4 percent to 6,201 million US dollars in November 2011 or 1,897.8 million US dollars from an …

IMF cuts growth global forecast, Euro negative

Jan 25, 2012 (LBO) - The International Monetary Fund cut the forecast for world growth as a series of 'stimulus' measures by deficit spending failed, worsening …

Sri Lanka shares plunge 2.2-pct

Jan 24, 2012 (LBO) - Sri Lankan shares plunged again Tuesday, following Monday's fall, amid panic selling, although recovering somewhat towards the end of …

Sri Lanka Aviva Eagle gilt fund gets top rating

Jan 23, 2012 (LBO) - NDB Aviva Wealth Management's Eagle Gilt Edged Fund has been rated (SL) AAAmf, by ICRA Lanka Limited, a rating agency which is an …

Sri Lanka shares plunge 02-pct

Jan 23, 2012 (LBO) - Sri Lankan shares plunged Monday amid continued selling pressure and are now down almost 4.5 percent since credit rules were relaxed by …

Sri Lanka’s Galle literary festival closes

Jan 23, 2012 (LBO) – Curtains came down on the five-day long Galle Literary Festival on Sunday with discussions on obsessive love, war and Indira Gandhi …

Sri Lanka shares end down

Jan 20, 2012 (LBO) - Sri Lankan shares ended weaker once again Friday amid continuing selling pressure with turnover also falling, brokers said. online …

Sri Lanka to discourage raw commodity exports

Jan 20, 2012 (LBO) - Sri Lanka's decision to raise taxes on exports in raw form and reduce those for raw material imports is to encourage local manufacture and …

Sri Lanka Treasuries yields flat

Jan 19, 2012 (LBO) - Yields on Sri Lankan Treasury Bills remained mostly flat at Wednesday's auction for the fourth consecutive week, with 12,693 million …