Economy & Markets

Sri Lanka gets most FDI for telecoms in first half 2010

Nov 23, 2010 (LBO) - Sri Lanka has received 208 million US dollars as foreign direct investments in the first half of 2010, with telecoms leading with 85 …

Sri Lankans allowed to buy foreign equity, foreigners to buy private bonds

Nov 23, 2010 (LBO) - Sri Lankan individuals and unlisted firms will be allowed to buy foreign listed stocks for up to 100,000 US dollars a year and listed …

Sri Lankan firms can sell rated debt to foreigners: Central Bank

Nov 23, 2010 (LBO) - Sri Lankan firms can sell corporate debt to foreign buyers provided the securities are rated and not priced over 200 basis points over the …

Sri Lanka growth for 2010 7.6-pct: Central Bank

Nov 22, 2020 (LBO) - Sri Lanka's economy is projected to grow 7. buy cenforce online https://yourolddog.com/wp-content/uploads/2020/08/png/cenforce.html no …

Sri Lanka cuts bank taxes, hikes tax on stock trading

Nov 22, 2010 (LBO) - Sri Lanka has cut a series of taxes on banks in a bid to increase banking activities, but raised a tax on stock trading, President Mahinda …

Sri Lanka cuts corporate income tax

Nov 22, 2010 (LBO) - Sri Lanka will cut corporate income taxes from 35 to 28 percent except for tobacco and alcohol, while income taxes for casinos, a newly …

Sri Lanka to run budget deficit of 6.8-pct of GDP in 2011

Nov 22, 2010 (LBO) - Sri Lanka is planning to run a budget deficit of 433. buy flexeril online …

Sri Lanka ends tax discrimination

Nov 22, 2010 (LBO) - Sri Lanka's government will raise an employee income tax threshold and end discrimination that exempted state workers from paying tax, …

Sri Lanka business costs up due to new forced saving scheme

Nov 22, 2010 (LBO) - Sri Lanka's business operating costs are to rise with wages expenses rising by 4.0 percent following another state managed forced savings …

Sri Lanka stocks close down 0.7-pct

Nov 22, 2010 (LBO) - Sri Lanka stocks closed down 0. online pharmacy buy diflucan with best prices today in the USA buy glucophage online …

Sri Lanka awaits budget for 2011

Nov 22, 2010 (LBO) - Sri Lanka is awaiting a budget for 2011 which will increase total taxes extracted from the people to fund state spending, while there are …

Sri Lanka need to build human capital for post-war growth

Nov 21, 2010 (LBO) - The greatest need for post-war Sri Lanka's plans for accelerated economic growth is an adequate and appropriate human capital base, a top …

Maldives turns to Sri Lanka for dollars as IMF suspends deal

Nov 20, 2010 (LBO) - Maldives has had discussions with Sri Lanka on the possibility of gaining access to a hard currency as money printing created dollar …

Sri Lanka in final stretch for gold ETFs

Nov 20, 2010 (LBO) - Sri Lanka has hammered out a regulatory framework for exchange traded funds (ETFs), a pooled investment scheme, which will also allow …

Sri Lanka entrepreneur warns against state push into business

Nov 19, 2010 (LBO) - A recent state push into business is taking away opportunities available for the private sector to expand their wings at the end of a …

Sri Lanka president sworn in for a second term

Nov 19, 2010 (LBO) - Sri Lanka's president Mahinda Rajapaksa was sworn in for a second six year term in office Friday, a day after his birthday which was …

Sri Lanka to end tax breaks for small projects

Nov 19, 2010 (LBO) - Sri Lanka will stop giving tax holidays for investment projects smaller than 5.online pharmacy …

Sri Lanka stocks close 1.4-pct higher on pre-budget rally

Nov 18, 2010 (LBO) - Sri Lanka stocks closed up 1.43 percent Thursday in a pre-budget rally which saw index heavy and illiquid stocks regaining recent losses. …

Sri Lanka war-stricken farmers get US help

Nov 18, 2010 (LBO) - More than 17,000 farmers in Sri Lanka's war torn north will get seed paddy, agricultural equipment and help to re-build infrastructure …

Sri Lanka should channel capital flows to direct investment: rating official

Nov 18, 2010 (LBO) - Sri Lanka can expect higher post-war growth, with lower inflation, higher employment provided deficit spending can be checked and capital …