Economy & Markets

Sri Lanka overnight rates hit two year high

Nov 24, 2011 (LBO) - Sri Lanka's overnight gilt backed repos rose as much as 8. buy cymbalta online …

China, Sri Lanka’s top lender

Nov 23, 2011 (LBO) - China has emerged as the top lender to Sri Lanka in the nine months to September 2011, in terms of money actually disbursed and loans …

Sri Lanka proceeds with expropriations

Nov 24, 2011 (LBO) - Sri Lanka has appointed competent authorities, a ministerial committee and a three member compensation committee to deal with 37 …

Sri Lanka rupee weakens further

Nov 23, 2011 (LBO) - Sri Lanka's rupee weakened to 114.15/20 in the spot dollar market, after closing at 113. buy finasteride online buy finasteride generic …

Sri Lanka rupee adjustment in right direction: IMF

Nov 23, 2011 (LBO) - Sri Lanka's rupee devaluation earlier this week was a step in the right direction, and a planned narrower budget deficit would reduce the …

Sri Lanka private sector urged to increase investment

Nov 23, 2011 (LBO) - Sri Lanka's private sector has been called upon to make big investments using tax savings and gains from incentives given by government, …

Sri Lanka unemployed graduates take aim at fresh tax grab

No 22, 2011 (LBO) - Sri Lanka's unemployed graduates who have received a 'free' education at at tax payer's funded universities are taking aim at another tax …

Sri Lanka stocks end down 0.4-pct

Nov 23, 2011 (LBO) - Sri Lankan shares closed weaker again Wednesday with trading also drying up amid uncertainty about government policy towards investors …

Sri Lanka has to balance bond markets against industry: Treasury Secy

Nov 23, 2011 (LBO) - Sri Lanka has to balance the needs of export and import substitution industries against bond markets, Treasury Secretary P B Jayasundera …

Sri Lanka Treasuries yields sharply up

Nov 23, 2011 (LBO) - Sri Lanka's Treasuries yields rose steeply across maturities at Wednesday's auction with average one year yield touching 8. online …

Sri Lanka cuts budget deficit, maintains investment: Treasury Secy

Nov 22, 2011 (LBO) - Sri Lanka has managed to gradually reduce the government budget deficit without cutting public investment which is needed to build the …

Sri Lanka business chamber approves devaluation

Nov 22, 2011 (LBO) - Sri Lanka's main business chamber has approved the sudden devaluation of the rupee saying it would boost exports and urged the government …

Sri Lanka bonds illiquid, rupee weaker after devaluation

Nov 22, 2011 (LBO) - Sri Lanka's bonds were illiquid with two way quotes absent for several maturities Tuesday as market participants looked for direction …

Sri Lanka rupee devalued, spot dollar at Rs113.80/90

Nov 22, 2011 (LBO) - Sri Lanka's rupee traded at 113. online pharmacy buy diflucan with best prices today in the USA online pharmacy buy bactroban with best …

Sri Lanka stocks end down almost one pct

Nov 22, 2011 (LBO) - Sri Lankan shares closed lower Tuesday with plantations stocks among the biggest losers after the government said in its 2012 budget it …

Sri Lanka to give tax breaks to run sports venues

Nov 21, 2011 (LBO) - Sri Lanka will give tax breaks to run sports venue and make incomes of foreign trainers tax free, president Mahinda Rajapaksa said in a …

Sri Lanka on a progressive path: President

Nov 21, 2011 (LBO) - Sri Lanka is travelling new road turning its back on a "very destructive" path the country started to tread from 1977, President Mahinda …

Sri Lanka expropriations will hurt economy: EIU

Nov 21, 2011 (LBO) - A Venezuela-style law to expropriate dozens of private enterprises will hurt the economy, undermine policy predictability and scare …

Sri Lanka economy to grow over 8.5-pct in 2012: Central Bank

Nov 21, 2011 (LBO) - Sri Lanka's economy is expected to grow between 8. buy ivermectin online …

Sri Lanka 2011 budget target to be met: Central Bank

Nov 21, 2011 (LBO) - Sri Lanka is likely to meet the deficit target of 6.8 percent of gross domestic product set for 2011, with the gap in the first eight …