Godahewa says CSE has tanked since he resigned as SEC Chairman
August 30, 2018 (LBO) - Former SEC Chairman Nalaka Godahewa has tweeted that the Stock Market in Sri Lanka performed much better when he was the head of the …
Economy & Markets
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JKH’s Gihan Cooray to Chair Nations Trust Bank
August 30, 2018 (LBO) - John Keells Holdings (JKH) Group Finance Director Gihan Cooray is set to take over as Chairman of Nations Trust Bank from December 1, …
Sri Lanka’s Expolanka Freight extends global footprint with new office in Malaysia
Aug 30, 2018 (LBO) - EFL (Expolanka Freight) a global freight-forwarding company headquartered in Sri Lanka is setting up its 18th overseas operations in the …
UN expert to report Sri Lanka’s debt & its impact on human rights to UNHRC
Aug 30, 2018 (LBO) – United Nations Independent Expert on foreign debt and human rights, Juan Pablo Bohoslavsky, will conduct an official visit to Sri Lanka …
Cotton Collection divests to Softlogic Group
Aug 29, 2018 (LBO) - Sri Lankan fashion retailer, Cotton Collection Ltd. yesterday announced in a statement it has divested for an undisclosed amount its …
Ashok Pathirage buying controversial NDB shares after 1 year hiatus
August 28, 2018 (LBO) - Softlogic Chairman and CEO Ashok Pathirage has started buying NDB shares in the open market according to a Colombo Stock Exchange …
Financial Intelligence Unit enters into MoU with Insurance Regulatory Commission
Aug 28, 2018 (LBO) - In terms of the provisions of the Financial Transactions Reporting Act, No. 6 of 2006 (FTRA), the Financial Intelligence Unit (FIU) of Sri …
Sri Lanka official reserves at USD9.3Bn : Rupee depreciated by 5.0-pct by Aug 2018
Aug 28, 2018 (LBO) - The Central Bank of Sri Lanka said reflecting developments in the domestic and global foreign exchange markets, the Sri Lankan rupee …
STAX presents research on investment and FTA potential at SL-Singapore business council
Aug 27, 2018 (LBO) - Local research consultancy, STAX presented an overall view of key challenges in investment, potential opportunities for investment and …
Foreign investor bond exodus nears $ 300mn; Colombo stocks close week near multiyear lows
August 25, 2018 (LBO) - The Colombo Stock Exchange ended the week near unchanged as indices approach key technical levels. The All Share Price Index (ASPI) …
Sri Lanka Govt gives Cabinet nod to increase subsidy for rubber planting
Aug 23, 2018 (LBO) - Sri Lanka’s cabinet of Ministers has given the go ahead for increasing subsidies given to farmers for planting rubber in a bid to …
New Executive Director at Lakshman Kadirgamar Institute (LKI)
August 22, 2018 (LBO) - Dr. Ganeshan Wignaraja has been appointed as the new Executive Director of the Lakshman Kadirgamar Institute of International Relations …
Sri Lanka July inflation up to 3.4-pct
Aug 22, 2018 (LBO) - Sri Lanka's overall rate of inflation as measured by the National Consumer Price Index (NCPI),on year on year is 3.4 percent in July 2018 …
Office space demand and long term optimism for apartments to drive real-estate market
Aug 21, 2018 (LBO) – It is clear that Sri Lanka has enjoyed a sustained growth in the supply of high-end luxury apartments. online pharmacy buy abilify with …
Moody’s Investors Service annual credit analysis assigns Sri Lanka B1 Negative
Aug 17, 2018 (LBO) – Moody's Investors Service says that the credit profile of the Government of Sri Lanka (B1 negative) is supported by the authorities' …
Central Bank to assist “Enterprise Sri Lanka” loan programme with training
Aug 17, 2018 (LBO) – Finance Ministry is to conduct training programs for all new entrepreneurs covered under the “Enterprise Sri Lanka” loan programme, …
Sri Lanka, Oman sign agreement on avoidance of double taxation and prevention of fiscal evasion
Aug 17, 2018 (LBO) - During the second meeting of the Sri Lanka-Oman bilateral consultations, held recently in Colombo, an agreement on avoidance of double …
Sri Lanka’s Manufacturing growth marginally slows at beginning of Q3
Aug 17, 2018 (LBO) - The Manufacturing Sector PMI decreased to 57.2 index points in July 2018 from 57.6 index points observed in the previous month, a …
Orient Finance (BFN) reports a loss of Rs21mn for the quarter, deposits at Rs11.6bn
August 16, 2018 (LBO) - Colombo Stock Exchange listed Orient Finance (BFN) reported a loss of Rs21mn for the quarter ended June 2018. buy nolvadex online …
Alliance Finance (ALLI) makes a profit of Rs138mn for the June quarter, deposits at Rs12.9bn
August 16, 2018 (LBO) - Colombo Stock Exchange listed Alliance Finance (ALLI) reported a profit of Rs138mn for the quarter ended June 2018. The balance sheet …