Sri Lanka inflation accelerates to 3.3-pct in May
May 29, 2009 (LBO) - Consumer price inflation in Sri Lanka's capital Colombo accelerated to 3.3 percent in the 12-months to May from 2.9 percent in April, with …
Economy & Markets
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Sri Lanka stocks up 2.3-pct after rights vote
May 28, 2009 (LBO) - Sri Lankan closed up 2.3 percent as the market reacted positively to a vote in favour Sri Lanka's government at a UN human rights body, …
Sri Lanka may relax forex trading curbs from June: CB Governor
May 27, 2009 (LBO) – Sri Lanka may expand forex trading limits of banks from next month, Central Bank Governor Nivard Cabraal said, as the country …
Sri Lanka shares firmer
May 27, 2009 (LBO) - Sri Lankan shares ended firmer Wednesday with investors keen on blue chips, hotels and banks, encouraged by the end of the ethnic war that …
Sri Lanka planning credit scheme for the war-affected: CB Governor
May 27, 2009 (LBO) – Sri Lanka is planning a central bank re-financed credit scheme for people in former war-affected areas to allow people to rebuild …
Sri Lankan shares recover, rupee flat
May 26, 2009 (LBO) - Sri Lankan stocks ended up Tuesday, as investors were bullish on blue chips and hotel stocks, while the rupee was flat against the …
Sri Lanka manpower exporters battle downturn
May 26, 2009 (LBO) - Sri Lankans working abroad send home nearly three billion dollars a year, and despite a global economic meltdown and stiff competition …
Sri Lankan stocks down, rupee steady
May 25, 2009 (LBO) - Sri Lankan shares Monday shed some of the gains of last week's bull-run owing to profit taking and concern over poor corporate results, …
Sri Lanka lifts forex forward curbs
May 25, 2009 (LBO) - Sri Lanka's central bank Monday lifted restrictions on foreign exchange forward contracts imposed late last year amid a balance of …
China releases stimulus spending data
BEIJING, (Asia Pulse) - China's economic planning body released a breakdown Thursday of how the government's 4 trillion yuan (US$586 billion) of stimulus …
Sri Lanka loan to be approved in “coming weeks”: IMF
May 22, 2009 (LBO) – The International Monetary Fund (IMF) has not yet scheduled a meeting of its board to pass a loan to Sri Lanka but the lender was …
Sri Lanka rating outlook cut ‘shocking, outrageous, arbitrary’: Central Bank
May 22, 2009 (LBO) – Sri Lanka's central bank said a cut in the country's rating outlook by Standard & Poor's was "outrageous, arbitrary and biased" and …
Sri Lanka IMF loan under review after war: US
May 22, 2009 (LBO) - An International Monetary Fund loan to Sri Lanka is under review and the international community needs to make an assessment of the …
Sri Lankan stocks up 12.5 pct in the week, rupee stable
May 22, 2009 (LBO) - Sri Lankan shares were subdued on profit taking Friday after this week’s bull-run following the government's victory in the war …
Sri Lanka shares surge 5.2%
May 21, 2009 (LBO) - Sri Lankan shares surged Thursday led by blue chips as investors ignored a crop of weak quarterly results to focus on future earnings with …
Sri Lanka cuts rates, moves to single policy corridor
May 21, 2009 (LBO) – Sri Lanka moved to a single policy rate with an 11.50 percent window with unrestricted accesss, effectively cutting policy rates by …
Sri Lanka stocks up, bonds steady, after war, rate cut
May 21, 2009 (LBO) – Sri Lanka stocks rose 4.25 percent in morning trade Thursday following a national holiday to celebrate the end of an internal war, …
Sri Lanka rating outlook cut to negative by S&P
May 21, 2009(LBO) – Standard & Poor's (S&P) has lowered the outlook of Sri Lanka's 'B' sovereign rating to negative from stable, on weak budgets, fallen …
Sri Lanka urged to move quickly on relief, rights
WASHINGTON, May 19, 2009 (AFP) - Sri Lanka must step up relief efforts and provide its Tamil minority political autonomy, governments and relief agencies urged …
Sri Lanka to review overnight forex trading limits: CB governor
May 19, 2009 (LBO) - Sri Lanka will "review" overnight forex trading positions of commercial banks which were slashed during the height of a balance of …