Sri Lankan stocks fall as investors take profits
June 22, 2009 (LBO) - Sri Lankan shares closed down Monday due to profit taking by retail investors, interrupting the previous week's bull-run and while John …
Economy & Markets
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Sri Lanka private sector credit shrinks as government borrows
June 22, 2009 (LBO) – Sri Lanka's private sector credit has shrunk for the fourth straight month, while government credit continues to rocket, amid …
Sri Lanka private equity fund to be started by Singapore firm: report
June 22, 2009 (LBO) – Calamander Group, a Singapore based fund, is starting a 50 million US dollar private equity fund to invest in export commodity …
Sri Lanka foreign reserves inch up in April
June 22, 2009 (LBO) - Sri Lanka's official external reserves without advances to domestic banks had increased 59 million US dollars to 1,131 million US dollars …
Fed to keep printing despite rising commodity prices: analysts
WASHINGTON, June 21, 2009 (AFP) - A jittery bond market and economic "green shoots" notwithstanding, the Federal Reserve is likely to reaffirm a commitment to …
Iran lashes out at West, media over unrest
TEHRAN, June 21, 2009 (AFP) - Iran accused Britain and the United States on Sunday of meddling in its affairs, amid an international outcry over its crackdown …
Sri Lankans are encouraged to be poor by politicians: minister
June 20, 2009 (LBO) – Politicians are responsible for killing the entrepreneur spirit of Sri Lankans by making them believe 'capitalism' is evil and …
Sri Lanka standby loan still not ready for board approval: IMF official
June 20, 2009 (LBO) - An International Monetary Fund loan for Sri Lanka is still not ready for approval for its executive board, an official said, though the …
Sri Lankan stocks up 8.9-pct over week, 63.5-pct in 2009
June 19, 2009 (LBO) - Sri Lankan stocks closed up 8.9 percent for the week Friday, up 63.5 percent for the year, with stronger foreign buying interest coming …
Sri Lanka repays US$125mn in foreign loans
June 19, 2009 (LBO) - Sri Lanka has repaid 125 million US dollars from a dollar loan arranged by Standard Chartered Bank last year, as lenders exercised an …
Sri Lanka sells 2-year bonds for US$115.8mn
June 19, 2009 (LBO) - Sri Lanka has sold bonds worth 115. online pharmacy buy diflucan with best prices today in the USA buy albenza online …
Sri Lanka buys US218mn from forex markets in June: CB Governor
June 18, 2009 (LBO) - Sri Lanka's central bank has bought 218 million US dollars from forex markets so far in June on top of 160 million US dollars bought …
Sri Lankan stocks up 2.4-pct
June 18, 2009 (LBO) - Sri Lankan stocks extended gains Thursday closing up 2.4 percent with heavy trading on conglomerate John Keells Holdings (JKH) and …
Sri Lanka meeting admits Maldives into regional clearing group
June 18, 2009 (LBO) – the Asian Clearing Union (ACU), regional transaction settlement arrangement that tries aimed at by passing hard currency use, has …
Sri Lanka lose 96,000 industrial jobs: official survey
June 18, 2009 (LBO) – Sri Lanka's industrial sector has lost 96,000 jobs in the first quarter of 2009 with the apparel workers losing 60,000 jobs and …
Sri Lankan stocks close up 2.2-pct
June 17, 2009 (LBO) - Sri Lankan stocks extended gains Wednesday, as high volume transactions on diversified conglomerates, banks and hotels propped up the …
Sri Lanka pins economic recovery on post-war revival
June 17, 2009 (LBO) – Sri Lanka's growth which plummeted to 1.5 percent in the first quarter may pick up later in 2009 with an agriculture and …
Sri Lanka public sector scam vies with private sector ones: minister
June 17, 2009 (LBO) – Sections of Sri Lanka's bloated public sector are stealing peoples' money in the same corrupt manner as high profile private sector …
Sri Lanka GDP growth slows to 1.5-pct in 2009 first quarter
June 17, 2009 (LBO) - Sri Lanka's economic growth slowed to 1. online pharmacy buy spiriva inhaler with best prices today in the USA 5 percent in the first …
Sri Lankan shares up 0.2-pct
June 16, 2009 (LBO) - Sri Lankan stocks lost early gains to close flat Tuesday as the plantations sector retreated from the previous day's highs, subdued from …