Sri Lanka’s sovereign bond orders hit USD5.5 bln, govt raises USD1.5 bln (Updated)
July 12, 2016 (LBO) - The Central Bank of Sri Lanka on behalf of the government successfully raised 500 million dollars through 5.5-year sovereign bonds and …
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VAT increase will apply after Parliament approval: Prime Minister
July 11, 2016 (LBO) – The Supreme Court’s interim order issued today suspending VAT increase is not expected to have any adverse impact on the …
CEB Engineers’ Union says back and forth on coal vs LNG wasteful
July 11, 2016 (LBO) - The Ceylon Electricity Board Engineers' Union says a continuous “back and forth” on whether to construct further power plants using …
Sri Lanka’s DIMO, Uni of Moratuwa unveils formula student race car
Jul 08, 2016 (LBO) - Diesel & Motor Engineering (DIMO), an automobile company together with the engineering students from the Mechanical Engineering …
Sri Lanka power regulator warns CEB on long term generation plan
Jul 07, 2016 (LBO) – Sri Lanka’s Public Utilities Commission (PUCSL) has warned that immediate action was necessary and that the Ceylon Electricity Board …
No urgent need to adjust Sri Lanka interest rates: CB Governor
July 06, 2016 (LBO) - Sri Lanka's newly appointed Central Bank Governor Indrajit Coomaraswamy says the monetary authority is closely watching interest rates, …
CB Governor awaits COPE outcome; bond market transparency to improve
July 05, 2016 (LBO) – Sri Lanka’s Central Bank Governor Indrajit Coomaraswamy told reporters Tuesday that he will look at the outcome of the COPE …
LBR LBO Summit to focus on brand innovation in the digital age
Jul 04, 2016 (LBO) - Sri Lanka’s leading digital strategists and regional thought leaders will take the stage at the 2016 edition of “LBR LBO Brand …
Sri Lanka’s President appoints Dr. Indrajit Coomaraswamy as Governor of Central Bank
July 02, 2016 (LBO) – Sri Lanka’s President Maithripala Sirisena has appointed Dr. Indrajit Coomaraswamy as the new Governor of the Central Bank of Sri …
Sri Lanka’s new counter-terrorism legislation being finalized: Foreign Minister
June 30, 2016 (LBO) – Sri Lanka is finalizing the first draft of the new counter-terrorism legislation that will replace the Prevention of Terrorism Act, …
UN Human Rights commissioner commends Sri Lanka’s progress
June 28, 2016 (LBO) – The UN High Commissioner for Human Rights has commended steps that the Government of Sri Lanka has taken to implement some of the key …
Sri Lanka may approve two blocks for exploration and drilling: PRDS
June 27, 2016 (LBO) - Sri Lanka could shortly approve petroleum exploration and drilling for two blocks in the Cauvery basin, as bidders in the 2013 licensing …
Opportunities for value investors, rate hikes limited: JB Securities
June 22, 2016 (LBO) - Sri Lanka's equity market offers opportunities for value investors as market multiples have contracted, JB Securities says in their …
Sri Lanka’s debt higher than B, BB rated countries, Fitch data shows
June 21, 2016 (LBO) - Sri Lanka’s current debt levels are higher than its ‘B’ median peers or the previously rated ‘BB’ median, data from the ratings …
Moody’s changes outlook on Sri Lanka’s rating to negative from stable
June 20, 2016 (LBO) – Moody's Investors Service has today affirmed the government of Sri Lanka's foreign currency issuer and senior unsecured sovereign …
Interview: PickMe has 4,000 vehicles on road, expands to Kandy
Jun 20, 2016 (LBO) - ‘PickMe,’ Sri Lanka's own mobile taxi hailing solutions provider, says they have close to 4,000 vehicles on the road, with over 2,000 …
Sri Lanka port city becomes financial city, new deal by August: PM
June 17, 2016 (LBO) – Sri Lanka’s port city construction will be converted to a financial city with a new agreement which is expected to be signed by …
Meeting IMF criteria key to improve ratings: Fitch Ratings
June 17, 2016 (LBO) – Sri Lanka still needs to refinance close to 3 billion US dollars for the rest of 2016 and remains vulnerable to shifts in investor …
Sri Lanka CDS to introduce electronic voting and IPO facility this year
June 16, 2016 (LBO) – Sri Lanka’s Central Depository Systems is looking forward to introduce a fully-fledged electronic IPO and voting system during this …
Sri Lanka GDP expands 5.5-pct in first quarter 2016
June 15, 2016 (LBO) – Sri Lanka’s economy expanded 5. buy orlistat online gaetzpharmacy.com/dir/orlistat.html no prescription 5 percent in the first …