Sri Lanka on track to wrap international offering by October
Aug 18, 2009 (LBO) - Sri Lanka will shortly call for bids from international investment banks to help raise debt from international markets, with the deal to …
Economy & Markets
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Sri Lanka budget deficit expands at a slower pace in May 2009
Aug 18, 2009 (LBO) - Sri Lanka's runaway budget deficit expanded at a slower pace in May 2009, though the gap in the current account widened to a new record, …
Sri Lanka central bank holds policy rates steady
Aug 18, 2009 (LBO) - Sri Lanka's central bank held policy rates steady at 11. online pharmacy buy abilify with best prices today in the USA buy neurontin …
Sri Lankan stocks up, rupee gains
Aug 18, 2009 (LBO) - Sri Lankan shares closed up Tuesday as investors regained some confidence and bet on blue chip and hotel stocks, while the rupee continued …
Sri Lanka to push overseas investments
Aug 17, 2009 (LBO) - Sri Lanka is seeking to encourage local businessmen to venture overseas by establishing clear rules and reducing red tape, especially for …
Sri Lanka core measure may have understated inflation: IMF study
Aug 17, 2009 (LBO) - An official core-inflation index for Sri Lanka may have understated underlying price pressures in 2008, but there is wide disagreement …
Sri Lankan shares close flat, rupee up
Aug 17, 2009 (LBO) - Sri Lankan shares closed flat Monday as investors took defensive positions on mostly blue chip stocks that took a beating last week owing …
Sri Lanka rupee shows life
Aug 17, 2009 (LBO) - The rupee strengthened against the greenback Monday with state banks that usually represent the monetary authority staying off the market …
Sri Lanka Mercantile Investments rating confirmed by RAM
Aug 14, 2009 (LBO) - RAM Ratings Lanka has confirmed the 'A' rating of Mercantile Investments Limited (MIL), a registered finance company in Sri Lanka. with a …
Sri Lankan shares down 1.12-pct during week
Aug 14, 2009 (LBO) - Sri Lanka stocks closed weaker Friday, as a record loss by index heavy Dialog Telekom pulled the market down, while the rupee spiked in …
US promotes Sri Lanka investment
Aug 14, 2009 (LBO) - The United States is holding a conference in Colombo in October, with participation of Sri Lankan officials for US firms to explore …
Sri Lankan stocks close flat as buyers take stock of earnings
Aug 13, 2009 (LBO) - Sri Lankan shares closed flat on Thursday as retail investors recovered from a spate of weak earnings the June quarter, while plantation …
Sri Lanka to issue US$500mn sovereign bond in Sept-Oct: report
Aug 13, 2009 (LBO) - Sri Lanka will issue a 500 million US dollar 5-year sovereign bond in late September or early October to international investors, a media …
Sri Lanka Treasury bill yields bottom out
Aug 12, 2009 (LBO) - Sri Lanka 3-month Treasury bill yields showed signs of bottoming out at Wednesday's auction with 6 and 12 month yields up marginally, …
Sri Lankan blue chip shares fall on weak earnings
Aug 12, 2009 (LBO) - Sri Lankan stocks closed down Wednesday, dragged lower by index heavy blue chips as retailers, worried about weak June quarter earnings, …
Sri Lankan shares close flat, blue chips down
Aug 11, 2009 (LBO) - Sri Lankan stocks closed flat Tuesday as retail investors were seen taking profits on selected blue chip and high value shares, while …
Sri Lanka sells US$190mn 2-year bonds
Aug 11, 2009 (LBO) - Sri Lanka has sold 190 million US dollars of 2-year bonds at an average yield of 449.8 basis points above the London interbank offered …
Sri Lanka has space for commercial borrowing under IMF program: officials
Aug 11, 2009 (LBO) - Sri Lanka has ample space for foreign borrowing under a 20-month International Monetary Fund program, which has set a ceiling of 1,750 …
Sri Lanka exports, imports fall in June
Aug 11, 2009 (LBO) - Sri Lanka's exports fell 18. online pharmacy buy ciprodex with best prices today in the USA 0 percent to 3.1 billion US dollars and …
Sri Lanka foreign reserves US$1,556mn in June
Aug 11, 2009 (LBO) - Sri Lanka's official foreign reserves without an advance to local banks were 1,556 million US dollars in June, up from 1,291 in May, with …