Sri Lanka to allay expropriation fears
Nov 15, 2015 (LBO) - Sri Lanka will explain to Moody's, a rating agency that expressed alarm over policy uncertainty and deteriorating property rights, that …
Economy & Markets
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Sri Lanka stocks plunge 2.3-pct
Nov 15, 2011 (LBO) - Sri Lanka stocks plunged 2.3 percent Tuesday to a 14-month low despite strong quarterly earnings amid low liquidity and an expropriation …
Sri Lanka expropriation could hurt credit, investment: Moody’s
Nov 14, 2011 (LBO) - A law to expropriate assets of dozens of private firms including two listed companies could hurt the island's credit, cloud its investment …
Sri Lanka stocks end down 1.5-pct
Nov 14, 2011 (LBO) - Sri Lankan shares tumbled Monday with a rating agency warning a new expropriation law could hurt the investment climate and a listed hotel …
Sri Lanka struggling to revive 23 busted state firms: report
Nov 14, 2011 (LBO) - Sri Lanka is struggling to revive 23 troubled state enterprises, with salaries being paid with people's tax money and hundreds of million …
Sri Lankan nationalisation law criticised
November 13, 2011 (AFP) - Sri Lanka's new law to nationalise "under utilised" private firms could shatter investor confidence and push the country into …
Sri Lanka expropriation law slammed in newspaper poll
Nov 13, 2011 (LBO) - An overwhelming 98.4 percent of respondents in a newspaper poll found fault with a law to selectively expropriate some three dozen firms …
Sri Lanka could cooperate more with South Asia on tax: experts
Nov 13, 2011 (LBO) - Sri Lankan tax authorities should cooperate more with South Asian counterparts to be more vigilant of tax evasion by cross-border …
Sri Lanka stocks end up 0.3-pct
Nov 11, 2011 (LBO) - Sri Lankan stocks closed firmer Friday but trading sank to a new recent low with uncertainty over a business expropriation law adding to …
Sri Lanka BOI deletes page promising freedom from expropriation
Nov 11, 2011 (LBO) - Sri Lanka's Board of Investment, the state investment promotion agency, has deleted a page which 'guaranteed' investors freedom from …
Stocks, euro tumble as crisis envelops Italy
NEW YORK, November 9, 2011 (AFP) - Worries that an Italian financial collapse could crack the eurozone sent markets tumbling Wednesday, with losses topping …
Asian markets slump amid global fears for Italy
HONG KONG, November 10, 2011 (AFP) - Asian stock markets slumped on Thursday after Wall Street suffered a pummelling, with a surge in Italy's borrowing costs …
Sri Lanka’s central bank buys New York property
Nov 09, 2011 (LBO) - Sri Lanka's central bank has bought property in New York as part of a move to establish overseas offices where the foreign reserves are …
Sri Lanka ruling coalition partner balks at expropriation bill: report
Nov 08, 2011 (LBO) - Sri Lanka's Jathika Hela Urumaya, a Buddhist monks' party which is a partner of the ruling coalition is unhappy with an expropriation …
Sri Lanka stocks end slightly weaker
Nov 09, 2011 (LBO) - Sri Lankan stocks closed slightly weaker in thin trade Wednesday, falling steeply after opening and then recovering as buyers came in but …
Sri Lanka court stays war-zone new land registration process
Nov 09, 2011 (LBO) - A controversial new way to register land in Sri Lanka's former war zones outside established procedure has been stayed by the island's …
Sri Lanka exports may be affected by US, EU slow down: report
Nov 09, 2011 (LBO) - Stagnation in the United States and European Union might slow demand for Sri Lanka's exports and a shift away from such reliance to new …
Sri Lanka central bank gets award for new notes
Nov 09, 2011 (LBO) - The Central Bank of Sri Lanka said it has been selected as a finalist from among 17 nominations for the 'Best New Banknote Series' award …
Sri Lanka Treasuries yields up sharply
Nov 08, 2011 (LBO) - Sri Lanka's Treasuries yields rose as much as 15 basis points at auction Tuesday, a week after an entire auction was rejected, data from …
Sri Lanka stock close -1.3-pct lower
Nov 08, 2011 (LBO) - Sri Lanka stocks closed 1.buy lamisil generic buy lamisil over the counter 3 percent lower Tuesday in thin trading amid a broad sell off …