Central Bank directs banks to reduce loan ratio on motor vehicles
Sept 15, 2015 (LBO) - Sri Lanka's Central Bank has issued a directive to commercial banks, speciaized banks and financial institutions to reduce the loan to …
Policy
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Wall Street deeply divided on this week’s rate decision
Sept 14, 2015 (LBO) - U.S. analysts are deeply divided on whether the Fed should increase rates on September 17, it's first rate hike in nearly a decade. Some …
US DOJ issues new guidelines on corporate fraud prosecution
Sept 11, 2015 (LBO) - The U.S. Department of Justice says it would be better off focusing on individuals that commit corporate crimes rather than focus on …
China’s stock crash a direct result of authoritarian policies: Razeen Sally
Sept 10, 2015 (LBO) - China's stock bubble and subsequent crash that sent shockwaves across the global economy is the direct result of authoritarian policies, …
Emerging market central bankers want Fed to raise rates: report
Sept 10, 2015 (LBO) - Central bankers in emerging markets want the US Federal Reserve to increase interest rates sooner rather than later to end market …
Foreign holding of Sri Lanka govt securities falls during week
Sept 05, 2015 (LBO) - The holding of Sri Lanka government securities by foreign investors reduced to 350 billion rupees in the week to September 02, from 375 …
Sri Lanka to receive USD1.1 bn under RBI swap arrangement: Central Bank Governor
Sept 03, 2015 (LBO) - Sri Lanka will receive the balance 1. buy ivermectin online …
Sri Lanka accounting body urges govt to maintain & publish accounts
Sep 02, 2015 (LBO) – Sri Lanka’s Institute of Chartered Accountants, a professional accounting, body urged the government to maintain accounts and publish …
Sri Lanka key interest rates held unchanged in monetary policy review
Aug 31, 2015 (LBO) - Sri Lanka’s Monetary Board held key interest rates unchanged on Monday citing low inflation, steady foreign remittances and earnings …
Rare positive correlation between stocks and bonds in US, China
Aug 29, 2015 (LBO) - A rare positive correlation was seen between equities and bonds this week with China's equities plunging and demand for 30-year US …
Interview: Sri Lanka BOP pressured by consumer spending, external woes
Aug 28, 2015 (LBO) - Post-war stimulus packages by Sri Lanka's government have pushed up consumption demand which is now having an adverse impact on the trade …
Finance ministry calls for proposals for 2016 budget
Aug 27, 2015 (LBO) - Sri Lanka's Ministry of Finance has requested public and private sector institutions and the general public to submit proposals for …
Election Outcome Improves Ability to Pass Reforms: Moodys
Aug 24, 2015 (LBO) – Sri Lanka’s UNP-led national unity government which includes the Sri Lanka People’s Freedom Party, the second-largest political …
Major Sri Lanka reforms in first six months: policy maker
Aug 24, 2015 (LBO) – Sri Lanka’s newly elected national unity government will make major reforms in the period of first six months to make the economy more …
Sri Lanka to prioritize food production, environment and drug eradication in first cabinet meeting
Aug 21, 2015 (LBO) – Sri Lanka’s President Maithripala Sirisena says he will present proposals for national programs to be implemented for local food …
Sri Lankan cricketer Sangakkara new Brand Ambassador for anti-drug crusade
Aug 19, 2015 (LBO) - Sri Lanka's legendary cricketer Kumar Sangakkara has been appointed as the brand ambassador of the National Dangerous Drugs Control Board …
Sri Lanka’s BOI to apply provisions of 2006 to avoid confusions on investments
Aug 04, 2015 (LBO) – Sri Lanka’s Board of Investment on Monday clarified their position with regard to the confusions aroused after the mini budget …
Sri Lanka businesses urged to practice good governance : IFAC President
July 29, 2015 (LBO) – Sri Lanka’s business organization should practice good governance to build next level businesses and to support country to move …
Sri Lanka’s SEC says transparency of information is the key for development
July 27, 2015 (LBO) – Sri Lanka's Securities Exchange Commission says that transparency enhancement leads to improve the performance of companies and enables …
Sri Lanka private sector credit growth expands, Policy rates to be maintained: Central Bank
July 24, 2015 (LBO) – Sri Lanka Central Bank says credit to the private sector by commercial banks grew by 17. online pharmacy buy spiriva inhaler with best …