Sri Lanka presidential hopeful plugs petroleum inflation theory: report
Jan 09, 2010 (LBO) - Sri Lanka's opposition presidential candidate had promised to cut diesel prices in the hope that it would bring consumer prices down, …
Economy & Markets
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Sri Lanka shares close up 1.04-pct, property sector gains
Jan 08, 2010 (LBO) - Sri Lankan stocks edged up Friday as retailers chased mid-cap counters, while selected property development companies were heavily traded, …
Sri Lanka mortgage bank plans term debenture
Jan 08, 2010 (LBO) - Sri Lanka's Housing Development and Finance Corporation (HDFC) is planning a medium term debenture to be sold during the first quarter of …
Sri Lanka to export hi-tech sail cloth made by German firm: official
Jan 08, 2010 (LBO) - Sri Lanka will start exporting advanced technology sailcloth for yachts from a factory opened Friday by Dimension Polyant, a German firm, …
Sri Lanka stocks fall on profit-taking
Jan 07, 2010 (LBO) - Sri Lankan shares ended slightly lower Thursday as profit taking interrupted the steady rise in the bourse which was Asia’s best …
Sri Lanka private citizen pension fund promised real returns
Jan 07, 2009 (LBO) - Sri Lanka's largest state-managed pension fund, made out of forced savings of private citizens, will be given returns above inflation an …
Sri Lanka long term Treasuries holders can earn fee income: CB Governor
Jan 07, 2009 (LBO) - Sri Lanka's central bank will borrow Treasuries from long term fund for money market operations, giving pension and insurance firms a …
Sri Lanka refugees gets emergency help
June 09, 2010 (LBO) - A refugee resettlement program backed by a 65 million US dollar World Bank emergency credit will begin this month, reaching over 100,000 …
Sri Lanka shares close down 0.30-pct, Rajaratnam sells JKH stake
Jan 06, 2010 (LBO) - Sri Lankan stocks closed lower Wednesday, with US fund manager Raj Rajaratnam selling part of his stake in John Keells Holdings (JKH) and …
Sri Lankan farmers link up with private companies for better prices
Jan 06, 2009 (LBO) - Sri Lankan farmers in Anuradhapura have linked up with supermarket chains Keells and Plenty Foods, giving them better prices and steady …
Sri Lanka treasuries yields up
Jan 06, 2010 (LBO) - Sri Lanka's Treasury bill yields edged up marginally across maturities at Wednesday's auction, the government's debt office said. online …
Sri Lanka central bank warns against reckless spending
Jan 05, 2010 (LBO) - Sri Lanka may be forced to print money and send inflation up again unless the state avoids reckless spending, which also takes away …
Sri Lanka stocks close up 1.10-pct on blue chips gains
Jan 05, 2010 (LBO) - Sri Lanka's benchmark All Share Price Index (ASPI) passed the 3,500 point mark for the first time Tuesday, on strong retail buying with …
Sri Lanka economy to grow 3.5-pct in 2009: CB Governor
Jan 04, 2010 (LBO) – Sri Lanka’s economy is expected to grow by 3.5 percent in 2009 after it slowed down owing to global recession, with revenue …
Sri Lanka targets 5 to 6-pct inflation in 2010
Jan 04, 2010 (LBO) - Sri Lanka is targeting 5 to 6 percent average inflation by end-2010 allowing the country's base money to grow by 14.buy cipro online buy …
Sri Lanka to relax foreign exchange controls: CB Governor
Jan 04, 2010 (LBO) - Sri Lankans would be allowed to open bank accounts abroad and buy shares and debt of foreign companies as part of a relaxation of foreign …
Sri Lanka stocks up 2.84-pct
Jan 04, 2010 (LBO) - Sri Lankan stock closed the first day of trading for the year up 2.84 percent Monday with retail investors chasing diversified, …
Sri Lanka govt deceiving people on taxes: TI
Jan 01, 2010 (LBO) – Sri Lanka’s government should ensure greater public awareness of taxes it imposes on the people and not deceive them through …
Sri Lanka central bank defends controversial note
Dec 31, 2009 (LBO) - Sri Lanka's central bank has defended a controversial 1,000 rupee note bearing the image of president Mahinda Rajapaksa, ahead of …
Sri Lankan shares close up 0.86-pct
Dec 30, 2009 (LBO) - Sri Lankan shares ended an eventful 2009 at a record high of 3,385. buy estrace online …