Economy & Markets

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 …

Lack of evidence based policy making can be disastrous: Sri Lanka policy forum

Dec 10, 2009 (LBO) - Ad hoc public policy formulation can be disastrous and both China and India are evolving evidence based processes to back effective …

Sri Lankan stocks 0.24-pct up

Dec 10, 2009 (LBO) - Sri Lankan shares closed up Thursday while high volume trading on Commercial Bank of Ceylon shares boosted turnover levels, brokers said. …

Sri Lankan stocks 0.24-pct up

Dec 10, 2009 (LBO) - Sri Lankan shares closed up Thursday while high volume trading on Commercial Bank of Ceylon shares boosted turnover levels, brokers said. …

Sri Lanka shares close flat

Dec 09, 2009 (LBO) - Sri Lankan stocks closed flat Wednesday as investors took profits from recent gains, while high volume trading on John Keells Holdings …

Sri Lanka Treasuries move up

Dec 09, 2009 (LBO) - Sri Lanka's three and six month Treasury bill yields moved up for the second week running, the government's debt office said, as fiscal …

Sri Lankan shares up 0.83-pct

Dec 07, 2009 (LBO) - Sri Lankan shares closed up Monday with retailers taking profits on small and medium counters, while large capped stocks headed by …

Sri Lanka central bank in 5-year investment horizon for gold

Dec 07, 2009 (LBO) - Sri Lanka is looking at a 5-year horizon for its reserve investments in gold, Central Bank governor Nivard Cabraal said as gold hit …

Sri Lanka back on investment radar

December 6, 2009 (AFP) - Sri Lanka is back on the global investment radar after government forces in May ended a nearly four-decade separatist war with Tamil …

Sri Lanka stocks close down 0.14-pct on profit taking

Dec 04, 2009 (LBO) - Sri Lankan shares closed down Friday as retail investors were seen taking profits from this week's rally, while big trades in John Keells …

Sri Lanka’s high deficit spending hurt investment capital: analysts

Dec 04, 2009 (LBO) - Sri Lanka's deficit spending, heavy state consumption, opaque monetary and fiscal policies and resulting high inflation has stifled …

Sri Lanka to rebuild northern town

Dec 04, 2009 (LBO) - Sri Lanka plans to spend 15 billion rupees on rebuilding a northern town that was affected by fighting between security forces and Tamil …

Sri Lankan stocks up 1.78-pct

Dec 03, 2009 (LBO) - Sri Lankan stocks extended gains and rose above the 3,000-point mark on the benchmark index Thursday boosted by high volume transactions …

Sri Lanka bill yields up

Dec 03, 2009 (LBO) - Sri Lanka Treasury bill yields have started to move up across the board, at Wednesday's auction the government debt office said, as …

Bernanke to face stormy confirmation hearing

WASHINGTON, December 3, 2009 (AFP) - Lawmakers are likely to vent frustration over the economy and bailout of the financial system Thursday at a Senate …

Sri Lanka central bank lashes out at exporters engaging in policy debate

Dec 03, 2009 (LBO) - Sri Lanka's central bank has lashed out at exporters who engaged in a policy debate on the island's exchange rate saying they were …

Sri Lankan shares close up 1.33-pct on JKH sale

Dec 02, 2009 (LBO) - Sri Lankan shares closed up Monday boosted by the sale of 7. buy clomid online …

Gold price storms to record above 1,200 dollars

LONDON, December 1, 2009 (AFP) - The price of gold reached above 1,200 dollars an ounce for the first time on Tuesday as a weak US currency pushed up demand …

Sri Lanka private sector credit turns corner in Sept

Dec 02, 2009 (LBO) - Sri Lanka's private sector credit started expanding in September 2009 ending eight months of contraction and the Central Bank says it …

Sri Lanka inflation accelerates to 2.8-pct in November

Nov 30, 2009 (LBO) - Consumer prices in Sri Lanka's capital Colombo rose 2.8 percent in November 2009 from a year earlier, against 1.4 percent in October, …