Central Bank holds key rates unchanged, reserves climb
June 23, 2017 (LBO) - Sri Lanka's central bank held key interest rates unchanged on Friday after a monthly monetary policy meeting with inflation moderating in …
Policy
Central Bank expected to keep key rates unchanged: First Capital
June 21, 2017 (LBO) - The Central Bank of Sri Lanka is expected to keep key interest rates unchanged in its monthly monetary policy announcement on Friday, …
Sri Lanka’s Central Bank eyes full inflation targeting: Governor
June 20, 2017 (LBO) – Sri Lanka is planning to adopt a full inflation targeting framework probably by next year, Central Bank Governor Indrajit Coomaraswamy …
US rate hike expected to hit borrowers, eyes on equities
June 14, 2017 (LBO) - The U.S. is expected to hike rates by 25 basis points Wednesday which will have ramifications for millions of borrowers who will find it …
Sri Lanka has been living beyond its means: Governor
June 09, 2017 (LBO) - Sri Lanka has been living beyond its means, with recurrent expenditure higher than revenue, Governor of Central Bank Indrajit …
Verité wants govt to issue guidelines on e-signatures
May 30, 2017 (LBO) – Sri Lankan research organization Verité has called on the government to issue central guidelines to accelerate the acceptance of …
Verité makes recommendations for e-government procurement in Sri Lanka
May 19, 2017 (LBO) - Verité Research, a private think tank, has made several recommendations regarding e-government procurement (E-GP) implementation in Sri …
Belt and Road initiative complements Sri Lanka’s vision: PM
May 16, 2017 (LBO) – Sri Lanka’s Prime Minister Ranil Wickremesinghe says China's ‘Belt and Road’ initiative complements Sri Lanka’s vision as they …
Central Bank clarifies reports on EPF, assistant governor transfers
May 15, 2017 (LBO) - Sri Lanka's Central Bank, in a statement, has clarified media reports which state that an assistant governor and officers of the Employees …
Moody’s assigns B1 rating to Sri Lanka’s global bond offering
May 08, 2017 (LBO) – Moody's Investors Service has assigned a B1 rating to Sri Lanka's US dollar bond offering maturing in 2027 with a negative outlook on …
SriLankan Airlines posts Rs6.5bn loss for 2016/17
May 04, 2017 (LBO) – SriLankan Airlines has recorded an unaudited group loss of 6. buy cenforce online …
Sri Lanka to unveil massive incentives for large investments
May 04, 2017 (LBO) – Sri Lanka’s proposed Inland Revenue Act plans to include investment incentives which provide massive depreciation allowances for …
IMF reaches staff-level agreement, eyes on Inland Revenue Act
May 04, 2017 (LBO) - An IMF team has reached staff-level agreement with Sri Lankan authorities on the second review under a three-year Extended Fund Facility …
Uptick in growth seen, IMF and World Bank spring meetings commence
Apr 21, 2017 (LBO) - The International Monetary Fund's head Christine Lagarde said they expect an uptick in global growth this year, as spring meetings …
Four new papers on Sri Lanka’s constitutional reform published: CPA
Apr 21, 2017 (LBO) - Sri Lankan policy think tank Centre for Policy Alternatives (CPA) said four working papers on constitutional reform have been published …
Sri Lanka’s rising fertility rate has serious implications, say experts
Apr 19, 2017 (LBO) - Sri Lanka's rising fertility rate has serious implications for the island that are not being adequately discussed, experts say. Sri Lanka …
Sri Lanka govt’s constitutional reform communication unsuccessful: CPA poll
Apr 03, 2017 (LBO) - Sri Lanka's Centre for Policy Alternatives’ latest opinion poll on constitutional reforms shows that 55 percent of those polled believe …
Ceylon Chamber welcomes govt decision to postpone SVAT abolition
Mar 31, 2017 (LBO) – Sri Lanka’s Ceylon Chamber of Commerce has welcomed the decision by the Finance Ministry to postpone the abolition of the SVAT system …
Economic policies of government falling far short, says JO’s Balasuriya
Mar 29, 2017 (LBO) - Economic policies of the present Sri Lankan government are falling far short of expectations, driven by lack of confidence in the finance …
R3 invites Sri Lanka’s Central Bank to join blockchain initiative
Mar 28, 2017 (LBO) – Financial innovation firm R3 has invited Sri Lanka’s Central Bank to join their collaborative initiative to design a distributed …