Sri Lanka must link leading region to rest of country: World Bank
March 17, 2009 (LBO) - Sri Lanka needs to urgently integrate the western province, which accounts for half of gross domestic product, with the rest of the …
Economy & Markets
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Sri Lankan shares slide
Mar 17, 2009 (LBO) - Sri Lankan stocks continued to fall on low volumes Tuesday with investors sceptical of a quick recovery owing to concerns about the poor …
Sri Lanka confident of selling most of US$200mn bond
March 17, 2009 (LBO) - Sri Lanka will sell "most of" a dollar denominated bond issue, a top official said amid tight conditions in capital markets that is …
Sri Lanka dollar bond premium up; US$184.25mn rolled over
Mar 17, 2009 (LBO) - Sri Lanka has raised 184.25 million US dollars in 2-year bonds at a premium of 540 basis points above the London Interbank Offered Rate …
Sri Lanka Seylan Merchant Leasing draws investors in thin trade
March 16, 2009 (LBO) - Sri Lankan shares ended slightly weaker Monday, dragged down by heavyweights, in thin trade with investors chasing Seylan Merchant …
New economics column on LBO, by top economist
March 13, 2009 (LBO) - Today Lanka Business Online is starting a new column by one of Sri Lanka's most senior and well-known economists, who has practiced, …
Sri Lanka stocks becalmed as market awaits IMF support
Mar 13, 2009 (LBO) - Sri Lankan shares closed almost flat Friday with a fall in the local unit of Nestle pulling down the main index in thin trade as investors …
Sri Lankan stocks close down
Mar 12, 2008 (LBO) - Sri Lankan stocks continued to fall in thin trade Thursday as fears the ethnic war could drag on longer than thought added to concerns …
Sri Lanka investors chase Seylan Merchant Leasing
March 11, 2009 (LBO) - Sri Lankan shares ended slightly firmer Wednesday on low volumes with the most actively traded stock being Seylan Merchant Leasing which …
Sri Lanka soft-peg drains reserves: ADB study
Mar 11, 2009 (LBO) - Sri Lanka's foreign reserves have been hit due to poor foreign exchange reserve management coming from operating a soft-peg with the US …
Sri Lanka EPF pension fund may allow early withdrawal
Mar 09, 2009 (LBO) – Sri Lanka's Employee's Provident Fund (EPF) which forcibly takes a part of the salary of a private sector worker for 'management' by …
Sri Lanka shares close flat
Mar 09, 2009 (LBO) - Sri Lankan stocks closed flat on Monday on thin volumes, with some Ceylinco group companies which are slated for management changes or …
Sri Lanka stock trading buoyed by Carson deal
March 06, 2009 (LBO) - Sri Lankan shares ended firmer Friday with trading volumes boosted by large transfers of shares within the Carson Cymberbatch …
Sri Lanka rupee unchanged after IMF bailout announcement
Mar 06, 2009 (LBO) - The Sri Lanka rupee traded at 114.20/25 against the US dollar in the spot market after the central bank said it had gone for an …
Sri Lanka to give one month money to banking system
Mar 05, 2009 (LBO) - Sri Lanka's central bank said it will extend the term of its liquidity facilities, which are now limited to only overnight money, to one …
Sri Lankan stocks end weaker
March 05, 2009 (LBO) - Sri Lankan shares ended weaker Friday Thursday as more firms reported losses or sharply lower profits with trading volumes thin as …
Sri Lanka treasuries yields flat
Mar 04, 2009 (LBO) - Sri Lanka's Treasury bill yields were flat at Wednesday's auction, the government's debt office said, though the 3-month yield was lower …
Sri Lanka says foreign investment US889mn in 2008
Mar 05, 2009 (LBO) – Sri Lanka had received 889,9 million US dollars of foreign direct investments in 2008 which includes a 136.72 million US dollar …
Sri Lanka Overseas Realty apartment sales slow
March 05, 2009 (LBO) – Overseas Realty (Ceylon) Ltd. (ORCL) said it is finding it difficult to sell apartments in a new high-rise condominium complex …
Sri Lankan beer company profits down
Mar 04, 2009 (LBO) - Sri Lanka's Lion Breweries December quarter profits have taken a hit from increased finance costs on loans taken to raise fresh capital …