First Capital Research trims down its rate cut probability to 50-pct
Dec 24, 2019 (LBO) – Considering the recent major policy changes, First Capital Research has trimmed down its rate cut probability to 50 percent from the …
Policy
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Sri Lanka economy boosted after election by local investor activity: ICRA
Dec17, 2019 (LBO) - Sri Lanka's overview activities in the economy improved post presidential election driven by positive sentiments from the local investors, …
National policy framework of Government released via Treasury web site
Dec 16, 2019 (LBO) - The Government's new National policy framework Vistas of Prosperity and Splendour has been released to the internet via Treasury …
Sri Lanka should list SoE and increase transparency
Dec 11, 2019 (LBO) - A top emerging markets investor said the Government should look at listing state enterprises to attract capital. He said that it will …
Fiscal stimulus will boost demand in short-run but create instability in long-run: ICRA
Dec 11, 2019 (LBO) - The Government of Sri Lanka (GoSL) reduced variety of taxes substantially in an attempt to revive the economy, which could possibly cost …
Sri Lanka tax cuts to shave off Rs560bn govt. revenue in 2020: Asia Securities
Dec 10, 2019 (LBO) – Sri Lanka’s recently announced tax cuts will likely shave off 560 billion rupees from government income in 2020, launching its equity …
Sri Lanka aims at 6.5-pct GDP growth from 2020
Dec 09, 2019 (LBO) - Sri Lanka’s economic activity will pick up following a series of tax cuts and the expansion of economic activity will boost Gross …
Dushni Weerakoon highlights critical role tax policies can play to spur economic growth
Dec 06, 2019 (LBO) – Executive Director of the Institute of Policy Studies of Sri Lanka (IPS), Dr. Dushni Weerakoon this week highlighted the critical role …
Sri Lanka Y-o-Y inflation down to 4.4-pct in Nov 2019
Dec 02, 2019 (LBO) - The yer‐on‐year inflation as measured by CCPI is 4.4 percent in November 2019 and inflation calculated for October 2019 was 5.4 …
Policy rates of Sri Lanka’s Central Bank to remain unchanged
Nov 29, 2019 (LBO) – The Monetary Board of the Central Bank of Sri Lanka has decided to maintain its accommodative monetary policy stance. Accordingly, the …
Central Bank expresses its strong objection to statement released by Fitch Ratings
Nov 21, 2019 (LBO) – Sri Lanka's Central Bank says that it strongly objects to the statement released by Fitch Ratings today as it depicts the complete …
Sri Lanka election result increases policy uncertainty: Fitch Ratings
Nov 21, 2019 (LBO) – Sri Lanka's presidential election significantly increases policy uncertainty and could prompt loosening that exacerbates fiscal …
Sri Lanka economy to grow 3.5-pct in 2020: Central Bank
Nov 05, 2019 (LBO) - The Sri Lankan economy is projected to grow by around 3.5 percent in real terms in 2020, a new Central Bank report says. "The growth is …
Sri Lanka FDI down in first half of 2019: Dips in service and infrastructure sectors
Nov 05, 2019 (LBO) - The Central Bank says that Foreign Direct Investment (FDI) including loans to projects approved by the Board of Investment (BOI), …
Advocata supports recommendation to allow AG dept representation at COPE
Oct 29, 2019 (LBO) - Advocata, a local think tank has welcomed the recommendation to include representatives of the Attorney General’s (AG) Department at …
Sri Lanka inflation at 5-pct in Sept 2019
Oct 22, 2019 (LBO) - Sri Lanka’s National Consumer Price Index (NCPI) increased to 5 percent from 3.4 percent recorded in August on a year-on-year basis, the …
Sri Lanka FIU to obtain direct access to INTERPOL information system
Oct 18, 2019 (LBO) – Sri Lanka's Financial Intelligence Unit (FIU) entered into an agreement with INTERPOL National Central Bureau for Sri Lanka (NCB …
Opinion: Cigarette smuggling in Sri Lanka, Hype vs. Reality
By Harini Weerasekera In the run up to elections, Sri Lanka is once again witnessing various news activities highlighting how the government is losing revenue …
Sri Lanka official reserves at USD7.6bn by Sept; YTD rupee appreciation 1.3-pct
Oct 11, 2019 (LBO) – Sri Lanka’s gross official reserves were 7.6 billion US dollars by end September, down from 8. online pharmacy buy abilify with best …
Sri Lanka CB maintains policy rates unchanged
Oct 11, 2019 (LBO) - Sri Lanka's Monetary Board has decided to maintain the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) …