Risk to global economy rising: IMF chief
NEW YORK, August 27, 2011 (AFP) - Risks to the global economy are rising and the tools for supporting it are more limited than they have been in the past, IMF …
Economy & Markets
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Sri Lanka rubber exporter pinched by export taxes, interest
Aug 29, 2011 (LBO) - Eastern Merchants Plc, an exporter of commodities that claims top spot for natural rubber exports from Sri Lanka said its margins were …
Sri Lanka SOE in new move to clear controversial cement: report
Aug 29, 2011 (LBO) - A state enterprise has tried to again to clear a consignment of cement with a foreign quality certificate adding to a controversy where …
Sri Lanka India venture in US$200mn development
Aug 27, 2011 (LBO) - Sri Lanka's Rank Holdings, a group which has interests in gaming, power and logistics, is planning a 200 million US dollar hotel and …
Sri Lanka rupee under steady pressure
Aug 26, 2011 (LBO) - Sri Lanka's rupee came under steady pressure as the spot dollar rate was held at 110.00 rupees with forex sales by monetary authorities, …
Sri Lanka stocks end up 0.2-pct
Aug 26, 2011 (LBO) - Sri Lanka's main share index closed marginally higher Friday with some interest in a finance company and a motor firm and continued …
Sri Lanka stocks end up 0.4-pct
Aug 25, 2011 (LBO) - Sri Lankan share prices closed higher Thursday as some buying interest returned after four days of losses, brokers said. The main All …
Sri Lanka stocks end down 0.7-pct
Aug 24, 2011 (LBO) - Sri Lankan share prices closed lower for the fourth straight day Wednesday, with trading mainly on speculative stocks while there were a …
Sri Lanka T-bill yields flat amid lower acceptance
Aug 24, 2011 (LBO) - Sri Lanka's Treasury bill yields were held flat across maturities with only 64 percent of the offer sold to real bidders at Wednesday's …
Sri Lanka cement crisis continues amid price controls
Aug 24, 2011 (LBO) - Sri Lanka's construction industry is facing a shortage of about a million 50 kilogram sacks of cement a month, a media report said as …
HK inflation ‘to worsen’ beyond 16-year high
HONG KONG, August 23, 2011 (AFP) - Hong Kong's inflation has hit a 16-year high and economists warned Tuesday there are signs it will worsen in coming months …
Sri Lanka stocks slump almost one percent
Aug 23, 2011 (LBO) - Sri Lankan share prices slumped almost one percent Tuesday, falling for the third straight day, with gains in the health sector as …
Gold hits record above $1,900 an ounce
HONG KONG, August 23, 2011 (AFP) - Gold soared above ,900 an ounce in Hong Kong for the first time on Tuesday as dealers flocked to the safe haven asset due to …
China seeks to protect Libya trade ties
BEIJING, August 23, 2011 (AFP) - China hopes its "mutually beneficial" multi-billion dollar trade links with oil-rich Libya will continue, it said Tuesday …
Sri Lanka stocks down 0.3-pct
Aug 22, 2011 (LBO) - Sri Lankan share prices closed lower Monday, following Friday's losses, with trading largely in speculative stocks on which some …
Sri Lanka land sales should be transparent: lawmaker
Aug 20, 2011 (LBO) - Sri Lanka's state land sales to private developers must be transparent and all available land must be listed online to boost investor …
Sri Lanka targets deficit of 6.2-pct in 2012
Aug 19, 2011 (LBO) - Sri Lanka will budget for a deficit of 6. buy trazodone online buy trazodone generic 2 percent of gross domestic product in 2011 down from …
Sri Lanka first half foreign direct investment US$413mn: Central Bank
Aug 19, 2011 (LBO) - Sri Lanka's foreign direct investment for the first half of 2011 reached 413 million US dollars putting the country on track for a full …
Sri Lanka credit expands faster than expected, policy rates steady
Aug 19, 2011 (LBO) - Sri Lanka's policy interests rates are held steady at 7. online pharmacy buy abilify with best prices today in the USA buy naprosyn online …
Sri Lanka stocks down 01-pct
Aug 19, 2011 (LBO) - Sri Lanka stocks closed one percent lower down Friday with speculation on a few stocks dominating trading, brokers and analysts said. Lake …