Sri Lanka stocks close higher; rupee kept down
March 07, 2008 (LBO) - Sri Lanka's stocks closed marginally higher Friday with the help of heavy trading in Sri Lanka Telecom shares, brokers said. The market …
Economy & Markets
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Sri Lankan shares lose momentum
Mar 05, 2008 (LBO) - Sri Lankan stocks lost momentum Wednesday with the indices barely managing to maintain the previous day's gains and trading in York Arcade …
Sri Lanka loan deal to Standard Chartered and Deutsche Bank
March 5, 2008 (LBO) - Standard Chartered and Deutsche Bank has won a deal to raise up to 300 million dollars for Sri Lanka, priced 259 to 370 basis points …
Sri Lanka business should demand better governance not subsidies: senior executive
March 05, 2008 (LBO) -- A senior business executive urged Sri Lankan businesses not to ask for subsidies which were needed for a safety net for the poor that …
Sri Lanka shares driven up on SLT trades ahead of court ruling
Mar 04, 2008 (LBO) - Sri Lankan stocks extended gains on Monday to close higher Tuesday, pushed up by speculative trading in index-heavy Sri Lanka Telecom, …
Sri Lanka shares edge higher, LMF draws interest
Mar 03, 2008 (LBO) - Sri Lankan stocks closed slightly higher Monday with a crossing of Sampath Bank shares and heavy in Lan trading in Lanka Milk Foods …
South Asia gets more FDI despite problems; political risk in Pakistan, Sri Lanka, Afghanistan
MANILA, Feb 29, 2008 (AFP) - Robust near-term economic growth should drive strong foreign direct investment flows into South Asia despite corruption, poor …
Sri Lanka inflation increases to 21.6 percent in February
Feb 29, 2008 (LBO) – Consumer prices in Sri Lanka's capital Colombo rose 21.6 percent in the 12-months to February from 20.8 percent, with the index …
Sri Lanka stocks close lower; Sampath Bank trades boost turnover
Feb 29, 2008 (LBO) - Sri Lanka's shares closed lower on Friday with index heavy Dialog Telekom and John Keells Holdings losing ground, dealers said. buy …
Sri Lanka syndicated loan hopefuls talk joint deal
Feb 28, 2008 (LBO) - Five foreign banks who bid to syndicate a 300 million US dollar loan for Sri Lanka are discussing an alternative deal to club together and …
Sri Lanka share trading zooms over Rs 1 bln on telecom, banking deals
Feb 27, 2008 (LBO) - Trading in Sri Lanka's share market went over a billion rupees Wednesday following deals in telecom and bank shares which helped the …
Sri Lanka rupee reasonably stable: CB governor
Feb 27, 2008 (LBO) – The Sri Lanka rupee has been "reasonably stable", Central Bank Governor Nivard Cabraal said, as the currency held rock-steady …
Sri Lanka to release new currency notes
Feb 27, 2008 (LBO) - Sri Lanka will release new currency notes under the signature of president Mahinda Rajapaksa, who is also the finance minister, and …
Sri Lanka treasury bills yields ease
Feb 27, 2008 (LBO) -- Sri Lanka's treasuries yields edged lower at Wednesday's auction with the 3-month yield falling 11 basis points to 18. online pharmacy …
Sri Lanka should overhaul monetary policy: economist
Feb 26, 2008 (LBO) -- Sri Lanka should overhaul its monetary framework in the light of 20 percent plus inflation as such high levels could only be generated …
Sri Lanka investors drive up Lankem in plantations chase
Feb 26, 2008 (LBO) - Sri Lankan stocks closed higher Tuesday with investors driving up the price of Lankem Ceylon, a group with interests in plantations which …
Sri Lanka state workers demand trebling of festival allowance
Feb 25, 2008 (LBO) – Sri Lanka's powerful state worker unions have demanded a trebling of festival allowances as inflation tipped over 20 percent …
Sri Lanka central bank asks for currency note designs
Feb 25, 2008 (LBO) – Sri Lanka's central bank has called for public ideas to produce a new series of notes offering cash prizes for winning designs. The …
Lanka Ratings re-branded as RAM Ratings Lanka
Feb 25, 2008 (LBO) - Credit rating agency Lanka Ratings was re-branded as RAM Ratings (Lanka) Limited following a reorganization of its Malaysian parent …
Sri Lanka investors chase plantations stocks
Feb 25, 2008 (LBO) - Sri Lankan stocks closed slightly higher Monday with trading dominated by shares of plantations companies which are enjoying higher …