Sri Lanka stocks close 1.13-pct up
June 14, 2010 (LBO) - Sri Lankan shares closed at a new high passing 4,600 points on the benchmark index Monday, pushed up by selected index-heavy blue chips, …
Economy & Markets
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Sri Lanka budget gap narrows in 1Q 2010
June 14, 2010 (LBO) - Sri Lanka's budget gap has narrowed in the first quarter of 2010, with revenues picking up and the government also keeping a lid on …
Sri Lanka to sell US$275mn in bonds
June 14, 2010 (LBO) - Sri Lanka is rolling over 275 million US dollars in two and three-year government bonds which pay a 6-month month floating rate coupon, …
Sri Lanka gets Indian aid to rebuild transport infrastructure
June 11, 2010 (LBO) - India will lend about a billion dollars to help develop Sri Lanka's transport infrastructure, rebuilding railways, a port and an airport …
Sri Lanka to sign trade deals with China: official
June 11, 2010 (AFP) - Chinese Vice Premier Zhang Dejiang will hold talks with Sri Lanka's president at the weekend and sign several trade and economic deals, …
Sri Lankan stocks hit new high
June 11, 2010 (LBO) - Sri Lankan stocks rose to new highs Friday, passing the 4,500 points mark as institutional investors bought blue chips while retailers …
Sri Lanka should avoid excessive debt: Malaysia’s Mahathir
June 11, 2010 (LBO) – Sri Lanka should target investment led growth and minimize borrowings which could lead to a future debt crisis, former Malaysian …
Sri Lanka growth accelerates: CB Governor
June 11, 2010 (LBO) - Sri Lanka's first quarter growth is likely to be "more than 6.0 percent" allowing year-end growth to reach 7. online pharmacy buy …
Sri Lankan stocks close 0.71-pct up
June 10, 2010 (LBO) - Sri Lankan stocks closed up Thursday from institutional and high net worth interest on selected high value and midcap shares, while …
Sri Lanka CB appoints top committee to boost sovereign rating
June 10, 2010 (LBO) - A committee made up of top central bank, finance ministry and private sector representatives had been appointed to develop strategy to …
Sri Lankan retailer investors chase ‘penny stocks’
June 09, 2010 (LBO) - Sri Lankan stocks recovered Wednesday with gains in banks pushing the market up and retail investors seen chasing midcap and 'penny …
Sri Lanka Treasuries yields flat
June 09, 2010 (LBO) - Sri Lanka's Treasury bill yields were steady at Wednesday's auction, with the government selling more than the maturing volume to raise …
IMF warns Asia of spillovers from European crisis
SINGAPORE, June 9, 2010 (AFP) - The IMF warned Asia Wednesday of the potential spillovers of the European debt crisis, saying it could dampen trade, make …
Sri Lanka consumer spending rebounds: FMCG firm
June 09, 2010 (LBO) - Sri Lanka's Hemas group said its fast moving consumer goods (FMCG) division grew revenues at double digit rates in the latest financial …
Sri Lanka’s post-war boom accelerates
June 9, 2010 (AFP) - Sri Lanka's central bank raised its growth forecast for the year on Wednesday, citing strong post-war expansion in reconstruction and …
Sri Lanka must reduce deficits, debt; contain inflation: World Bank
June 08, 2010 (LBO) - South Asian countries like Sri Lanka must reduce high budget deficits and public debt to gain from the global economic recovery that is …
Sri Lanka outlines spending plans for 2010
June 08, 2010 (LBO) - Sri Lanka will spend at least 202 billion rupees on defence, 87. buy stromectol online …
Sri Lanka must cut business costs to lure investors: World Bank
June 08, 2010 - Sri Lanka's investment climate must be improved and cost of doing business reduced to attract the private investment needed to speed up growth …
Sri Lankan stocks becalmed
June 08, 2010 (LBO) - Sri Lankan stocks closed almost flat Tuesday as investors took profits from selected shares seen as over-priced and re-invested in those …
Sri Lanka retail buying push shares up 1.77-pct
June 07, 2010 (LBO) - Sri Lankan stocks closed higher Monday with strong buying by retail investors pushing up blue chips and 'mid-cap' stocks and sending the …