Sri Lankan stocks close down 0.32-pct
July 02, 2010 (LBO) - Sri Lankan stocks closed down Friday as profit- taking on selected high value shares pulled the market down, while retail investors …
Economy & Markets
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Sri Lanka to appoint rating advisor: report
July 01, 2010 (LBO) - Sri Lanka will appoint an international investment bank as a 'rating advisor' next month ahead of a US dollar denominated sovereign bond …
Sri Lanka Treasury yields flat
July 01, 2010 (LBO) - Sri Lanka's Treasury yields were flat at Wednesday's auction with the government selling 2. buy valtrex online …
Sri Lanka peace, stability help exporters cope with GSP loss: Central Bank
July 01, 2010 (LBO) - Lower interest rates and inflation, ending of a war, reduced war risk premiums, strong foreign reserves and better access to foreign …
Sri Lankan stocks close down 0.23-pct
July 01, 2010 (LBO) - Sri Lankan stocks closed down Thursday as investors took a wait-and-see approach on high value shares that in recent weeks had …
Sri Lanka inflation slows to 4.8-pct in June
June 30, 2010 (LBO) - Consumer prices in Sri Lanka's capital Colombo rose 4.8 percent in June 2010 from a year earlier, down from 5. online pharmacy buy …
Sri Lanka private sector wants in on reforms
June 30, 2010 (LBO) – The Ceylon Chamber of Commerce said the Sri Lankan government should involve the private sector when implementing its latest budget …
Sri Lankan stocks becalmed
June 30, 2010 (LBO) - Sri Lankan shares closed flat Wednesday as investors took profits from high value stocks, especially banks and re-invested in midcap …
IMF lifts Sri Lanka foreign borrowing ceiling
June 30, 2010 (LBO) - The International Monetary Fund has lifted a ceiling on foreign commercial borrowing placed on Sri Lanka in 2009, in a new deal agreed …
Sri Lanka’s deficit plan could face risks: finance ministry
June 30, 2010 (LBO) - An expansion of the public service, losses in state enterprises, high oil price and lower than expected global growth could put a …
Sri Lankan stocks close up 0.91-pct
June 29, 2010 (LBO) - Sri Lankan shares closed up Tuesday as retailers got back into the market after last weeks profit taking, a troubled tableware firm which …
Sri Lanka IMF deal extended, US$400mn released
June 29, 2010 (LBO) - The International Monetary Fund has released 407.8 million US dollars to Sri Lanka held back after last year's budget went off the rails, …
Sri Lanka plans 8.0-pct deficit budget for 2010
June 29, 2010 (LBO) - Sri Lanka is planning a budget with a deficit of 8.0 of gross domestic product or 438.3 billion rupees in 2010 compared with 9.9 percent …
Sri Lanka to reform taxes, phase out unequal incentives
June 29, 2010 (LBO) - Sri Lanka has a complex tax structure which is discouraging savings and the government is expecting a comprehensive tax reform plan in …
Sri Lanka restrains state wages, presents policy budget
June 29, 2010 (LBO) - Sri Lanka presented a broad policy budget outlining a commitment to cut deficits over the medium term, bring down interest rates and …
Sri Lanka budget will maintain economic stability: IMF
June 29, 2010 (LBO) – Sri Lanka’s latest budget should ensure the island maintains macro-economic stability that would help accelerate economic …
Sri Lanka shares end lower, Dankotuwa in demand
June 28, 2010 (LBO) - Sri Lankan stocks closed weaker Monday as investor ardour cooled off, with Dankotuwa Porcelain in demand after it struck a deal saving it …
Sri Lanka to import chicken after slapping twin controls on poultry farmers
June 27, 2010 (LBO) - A state agency will import chicken to Sri Lanka a media report said, after government price controls created 'shortages' and production …
Sri Lanka rice autarkists urge food controls on the sick: report
June 26, 2010 (LBO) - Interest groups backing 'domestic production' have urged the state restrict the types of food available for sick people in state …
Sri Lanka to fast-track investment approvals
June 24, 2010 (LBO) – The Sri Lankan government has decided to set up a committee of senior bureaucrats from key ministries to fast-track decisions on …