Sri Lanka to get $350mn ADB aid next year
Dec 21, 2009 (LBO) - Sri Lanka is to get about 350 million US dollars of aid from the Asian Development Bank next year, much of it going for the north and east …
Economy & Markets
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Sri Lanka firms should look overseas for expansion: corporate leader
Dec 21, 2009 (LBO) - Sri Lankan businesses are compelled to look overseas to expand sales as the domestic market is too small, a senior corporate executive …
Sri Lanka to change price index basket next year
Dec 19, 2009 (LBO) - Sri Lanka will change the basket of goods in its most widely watched price index from next year and re-base it to reflect consumption …
Sri Lanka stocks hit new high
Dec 18, 2009 (LBO) - Sri Lankan shares closed at an all-time high Friday on strong buying by institutional and retail investors who brokers said appeared to be …
Sri Lanka war refugee re-settlement gets World Bank aid
Dec 18, 2009 (LBO) - Sri Lanka's war refugee re-settlement efforts will get World Bank fund to re-build infrastructure and economic activities, in the north …
Sri Lanka economy expands 4.2-pct in 3Q: statistics office
Dec 18, 2009 (LBO) – Sri Lanka's economic growth slowed to 4.2 percent in the third quarter of 2009 from 6.3 percent a year earlier, but was up from 2.1 …
Sri Lanka call to end tax exemptions for public servants
Dec 18, 2009 (LBO) - The head of Sri Lanka's top business chamber has called for an end to tax exemptions given to public servants, saying it was unfair by …
Sri Lankan stocks close 1.46-pct up, bank stocks make healthy gains
Dec 17, 2009 (LBO) - Sri Lankan shares closed up Thursday, driven by banking and selected high value stocks, while large volume trading on John Keells Holdings …
Sri Lanka subsidy ideology is a myth: business leader
Dec 17, 2009 (LBO) - Sri Lankan people are being fooled by state subsidies when high inflation triggered by big budget deficits erodes their income, the head …
Sri Lankan shares close up 0.41–pct on large JKH deal
Dec 16, 2009 (LBO) - Sri Lankan shares closed up Wednesday, propelled by a foreign of-the-floor deal on John Keells Holdings (JKH) and banking counters headed …
Sri Lankan bill yields move up
Dec 16, 2009 (LBO) - Sri Lankan Treasury bill yields edged up across maturities, at Wednesday's auction, the government's debt office said, despite only a part …
Sri Lanka women key beneficiaries of rural road project: ADB
Dec 15, 2009 (LBO) - The Asian Development Bank said it has approved a project to build roads linking isolated rural villages in Sri Lanka that will employ …
Sri Lanka must upgrade accounting rules: experts
Dec 15, 2009 (LBO) – Sri Lanka will have to keep pace with global accounting standards to attract foreign investments as competing regional economies …
Sri Lanka forum to help politicians help people
Dec 15, 2009 (LBO) – A public seminar is to be held to educate politicians and their economic advisors on how best to meet the needs of people, ahead of …
Sri Lankan stocks close 1.22-pct up on large JKH sale
Dec 15, 2009 (LBO) - Sri Lankan shares closed up Tuesday as big off-the-floor deals on blue chip John Keells Holdings (JKH) and Aitken Spence Hotel Holdings …
Sri Lanka north to put on business expo
Dec 14, 2009 (LBO) - Sri Lanka is to host its first ever business expo in the North of the island, following the end of the country’s over three decade …
Sri Lanka holds policy rates, despite inflation pick up
Dec 14, 2009 (LBO)- Sri Lanka's central bank said it was holding its key policy rate at which money is injected to the economy at 9. online pharmacy buy …
Sri Lanka current account in surplus amid economic slump
Dec 14, 2009 (LBO) - Sri Lanka's external current account is expected to swing into a surplus in 2009, for the first time since 1977, the central bank said, as …
Sri Lankan stocks close 0.55-pct down
Dec 14, 2009 (LBO) - Sri Lankan shares closed down Monday as retail investors stayed away owing to political uncertainty, while a large tranche of Asiri …
Sri Lankan shares dip 0.11-pct on retail profit taking
Dec 11, 2009 (LBO) - Sri Lankan stocks closed down Friday as retail investors took profits from gains made during the week, while volumes dropped owing to lack …