Economy & Markets

Sri Lanka average prices steady from February: CB

May 4, 2011 (LBO) - Sri Lanka's average price level measured by an index at the capital Colombo, has been steady since February though non-food items have …

Wrong strategy could worsen dengue epidemics: study

PARIS, 2011 (AFP) - The wrong approach to wiping out the mosquitoes that cause dengue infections could lead to worse epidemics in the future, according to a …

Sri Lanka stocks end down 1.2-pct

May 03, 2011 (LBO) - Sri Lankan shares closed down Tuesday with losses in high value shares dragging the indices down and turnover boosted by large deals among …

Sri Lanka smokers cough up taxes worth 1-pct of GDP

Apr 30, 2011 (LBO) - Sri Lanka's smokers have coughed up 56 billion rupees in taxes collected through Ceylon Tobacco Company, a unit of British American …

Sri Lanka inflation accelerates to 9.8-pct in April

Apr 29, 2011 (LBO) - Consumer prices in Sri Lanka's capital Colombo rose 9. buy zofran online …

Sri Lanka stocks end down

Apr 29, 2011 (LBO) - Sri Lankan shares closed down Friday with heavy trading in the banking and finance sector, brokers said. The main All Share Price Index …

Fed chief hums and haws in historic press meet

WASHINGTON, April 27, 2011 (AFP) - His voice cracked and pinched. online pharmacy buy abilify with best prices today in the USA buy ocuflox online …

Sri Lanka Vietnam economic links to widen with re-opened embassy: envoy

Apr 28, 2011 (LBO) - Sri Lanka could attract investments from Vietnam if the path is clear and the two nations could increase two-way trade and tourism …

Sri Lanka rupee strengthens below 110 to greenback

Apr 28, 2011 (LBO) - Sri Lanka's rupee strengthened to below 110 to green back as the dollar slid to record lows against currencies issued by other monetary …

Sri Lanka stocks end up 0.2-pct

Apr 28, 2011 (LBO) - Sri Lankan shares closed higher Thursday with heavy trading in two banks which reported sharply higher March 2011 quarter profits, brokers …

Sri Lanka IPO pricing based on latest financials: advisors

Apr 26, 2011 (LBO) - Financial advisors for a forthcoming share issue by Sri Lanka's Expolanka group have defended the pricing of the public offer at more than …

Sri Lanka chases better rating ahead of bond sale: report

Apr 27, 2011 (LBO) - Sri Lanka is expecting three rating agencies to visit the island from next month which may lead to a better rating upgrade ahead of a bond …

Asians driven to extreme poverty by commodity bubble

Apr 27, 2011 (LBO) - Rising food prices from a global commodity bubble could push 64 million people in developing Asia into extreme poverty, the Asian …

Sri Lanka Treasuries yields edge up

Apr 27, 2011 (LBO) - The yields on Sri Lanka's treasury bills edged higher at Wednesday's auction with 10 billion rupees worth maturing bills being rolled …

Sri Lanka stocks end up 0.2-pct

Apr 27, 2011 (LBO) - Sri Lankan shares closed mixed once again Wednesday in dull trade with motor sector shares rebounding from losses sustained after a …

Sri Lanka motor shares weaken after duty hike

Apr 26, 2011 (LBO) - Sri Lankan shares closed mixed Tuesday with motor companies weakening after an impot duty hike that will increase prices of cars and …

Sri Lanka state petroleum firm lose US$260mn

Apr 26, 2011 (LBO) - Sri Lanka's state run petroleum distributor Ceylon Petroleum Corporation has lost 28.buy clomiphene online buy clomiphene online no …

Soaring food prices a threat across Asia

MANILA, April 26, 2011 (AFP) - Soaring global food prices threaten to push tens of millions of Asians into extreme poverty and cut the region's economic growth …

Sri Lanka shares end down 1.5-pct

Apr 25, 2011 (LBO) - Sri Lankan shares tumbled for the fifth straight day Monday with motor shares taking a hit and heavy trading continuing in Lankem …

Sri Lanka raises taxes on imported vehicles

Apr, 25, 2011 (LBO) - Sri Lanka has raised import duties on several categories of petrol-engined cars and three wheelers with steeper increases seen in larger …