Sri Lanka stocks fall 4.4-pct
Oct 12, 2010 (LBO) - Sri Lanka's benchmark share index plunged 4.4 percent Tuesday wiping out 95 billion rupees off stock values in a steep correction amid …
Economy & Markets
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Trio of labour market specialists wins 2010 Economics prize
STOCKHOLM, October 12, 2010 (AFP) - Three labour market experts, including one blocked for a top post at the US Federal Reserve, won the 2010 Nobel Economics …
Sri Lankan stocks close flat
Oct 11, 2010 (LBO) - Sri Lankan stocks closed flat after early morning gains were lost brokers said, while a large deal on Aitken Spence pushed turnover to …
Sri Lanka to shift away from quantity targets: CB Governor
Oct 11, 2010 (LBO) - Sri Lanka is "unlikely" to announce direct targeting of reserve money next year and will rely more on "traditional instruments" as the …
Sri Lanka state sell-down proposals spell new direction
Oct 09, 2010 (LBO) - Planned sell-downs of two state enterprises charts a new direction in Sri Lanka's post-war economic strategy that can make state firms …
Sri Lankan stocks close up 0.93-pct
Oct 08, 2010 (LBO) - Sri Lankan stocks recovered from a four day fall Friday on buying interest in midcap stocks, while index heavy weight John Keells Holdings …
Sri Lanka official forex reserves exceed US$7bn: central bank
Oct 07, 2010 (LBO) - Sri Lanka's gross official reserves surpassed the seven billion US dollars level on October 04, the central bank said in a statement. buy …
Sri Lanka economic parley to mull growth strategies
Oct 07, 2010 (LBO) - Growth strategies needed to improve Sri Lanka's economic climate and raise living standards by reducing income inequality will be …
Sri Lanka stocks close down 1.34-pct
Oct 07, 2010 (LBO) - Sri Lankan shares closed lower Thursday, down for the fourth straight day, after a roller-coaster ride that saw the market plunge steeply …
Sri Lanka made right decision on gold: Central Bank Governor
Oct 06, 2010 (LBO) - Sri Lanka made the right decision in increasing the gold component of reserve assets, Central Bank Governor Nivard Cabraal said as gold …
Sri Lanka says met IMF targets, mission in November
Oct 06, 2010 (LBO) - Sri Lanka has met key quantity targets in September for foreign reserves, local borrowing and money creation limits, under a deal with the …
Sri Lanka stocks extend losses
Oct 06, 2010 (LBO) - Sri Lanka's stocks extended losses Tuesday falling 1.buy temovate online buy temovate online no prescription 84 percent on the wake of 1.3 …
Sri Lanka business caught napping by war-end: senior banker
Oct 05, 2010 (LBO ) - Sri Lanka's large enterprises were caught napping by the end of a 30-year war, and smaller firms which required less planning were first …
Sri Lankan stocks close down 1.39-pct
Oct 05, 2010 (LBO) - Sri Lankan shares fell below 7,000 points Tuesday, as investors continued to take profits to re-invest in the market after a correction, …
Sri Lanka big investors get lion’s share of urban bond
Oct 05, 2010 (LBO) - Sri Lanka's Urban Development Authority has allocated the bulk of a 10 billion rupee bond issue to larger investors to applied for more …
Sri Lankan stocks close down 0.80-pct
Oct 04, 2010 (LBO) - Sri Lankan shares closed down on Monday, pulled down by falls in index heavy stocks, while big stakes of Hatton National Bank (HNB) …
Sri Lanka Lankem gets ‘A-‘ rating from RAM
Oct 04, 2010 (LBO) - Sri Lanka's Lankem Ceylon, a strong player in the island's agro chemicals market has been given a long term rating 'A-' by RAM Ratings …
Sri Lanka Telecom looks to raise US$125mn
Oct 04, 2010 (LBO) - Sri Lanka Telecom, the island's largest fixed access operator, may raise 125 million US dollars from bonds to fund expansion if the terms …
Sri Lanka hopes to use war strategy on economy
Oct 02, 2010 (LBO) - The skills that enabled Sri Lanka win against Tamil separatists can be used to revive the economy and catch up on growth lost by 30 years …
Sri Lanka ratings can improve on public sector reforms, lower debt: S&P
Oct 01, 2010 (LBO) - Sri Lanka's ratings can improve if the government uses its political strength to reform the public and economic policy which would allow …