Economy & Markets

Sri Lanka bonds yields slide on foreign buying hopes

Mar 17, 2010 (LBO) - Sri Lanka's bond yields fell Wednesday after authorities told banks to find foreign buyers for 2.online pharmacy …

Sri Lanka short term Treasuries barely changed

Mar 17, 2010 (LBO) - Sri Lanka Treasuries yields were barely changed at Wednesday's auction though the short end moved up 02 basis points, the government's …

EU in talks with Sri Lanka on maintaining trade privileges

BRUSSELS, March 16, 2010 (AFP) - The European Union wants to work with Colombo to avoid the withdrawal of Sri Lanka's trade privileges with the bloc, under …

Sri Lanka has 10-pct of foreign reserves in gold: WGC

Mar 17, 2010 (LBO) - Gold now makes up 10 percent of Sri Lanka's foreign reserve assets after the country tripled its gold holdings with a purchase from the …

Sri Lanka risk rating seen covering factors outside war

Mar 17, 2010 (LBO) - Getting Sri Lanka a more favourable insurance risk rating involves not just the absence of war but other factors like media freedom and …

Sri Lankan stocks 1.58-pct down

Mar 16, 2010 (LBO) - Sri Lankan stocks ended lower Tuesday dragged down by falls in speculative and retail driven stocks, brokers said.buy zoloft online buy …

Sri Lanka to sell US$100mn in bonds

Mar 15, 2010 (LBO) - Sri Lanka is offering 100 million US dollars in two and three year floating rates bonds, paying interest every six months mainly targeting …

Sri Lanka state worker cost climbs to new high

Mar 15, 2010 (LBO) - Sri Lanka state workers took away 57 cents as salaries and wages out of every tax rupee paid by the people in 2009, as the government …

Sri Lankan stocks becalmed

Mar 15, 2010 (LBO) - Sri Lanka stocks closed flat Monday as investors took profits and reinvested in selected midcap and hotels stocks, while heavy interest in …

Sri Lanka newspaper poll shows support for IMF, EU stance

Mar 14, 2010 (LBO) - A decision by the International Monetary Fund to suspend its program to Sri Lanka and a European Union decision to lift trade benefits …

Sri Lanka lifts taxes on gold imports

Mar 13, 2010 (LBO) - Sri Lanka has lifted taxes and levies on gold imports from to promote jewellery industries in the country, the central bank said. buy …

Sri Lanka stocks close 0.33-pct up, Hotel Services heavy traded

Mar 12, 2010 (LBO) - Sri Lankan stocks closed up Friday as investors bought selected blue chip and midcap shares, while the sale of a controlling stake in …

Sri Lanka must curb state consumption, inflate less to raise incomes: economist

Mar 12, 2010 (LBO) - Sri Lanka has to curb excessive state consumption, keep inflation low to encourage private savings, and improve governance to draw foreign …

China’s consumer prices soar to 2.7-pct in February

BEIJING, March 11, 2010 (AFP) - Chinese consumer prices rose for the fourth straight month in February while new lending slowed sharply, data showed Thursday, …

Sri Lanka rejects bids at Treasuries auction

Feb 11, 2010 (LBO) - Sri Lanka has rejected all bids at the Treasuries auction Wednesday which offered to roll over 10. online pharmacy buy strattera with best …

Sri Lanka gets US$67.4mn more from India for railways

Mar 11, 2010 (LBO) - The Export Import Bank of India is giving Sri Lanka 67. online pharmacy buy cymbalta with best prices today in the USA online pharmacy buy …

Sri Lanka rupee strengthens against greenback

Mar 11, 2010 (LBO) - Sri Lanka rupee strengthened to 114.0 to the greenback with the spot dollar quoted at 113. online pharmacy buy diflucan with best prices …

Sri Lanka gets US$250mn in loans from Japan for power, roads

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Sri Lanka shares end up 0.82-pct

Mar 11, 2010 (LBO) - Sri Lankan stocks closed firmer Thursday with interest in banking stocks mainly by institutional or high-net-worth individual investors, …

Sri Lanka tourist arrivals up 68-pct in February: data

Mar 11, 2010 (LBO) - Sri Lanka tourist arrivals surge 67.7 percent to 57,300 in February 2010 from a year earlier, with steep increases in generating markets …