Sri Lanka wants LNG-driven power, to shift away from coal: Govt official
May 06, 2016 (LBO) - Sri Lanka wants more power generation from Liquefied Natural Gas (LNG), because natural gas is attractively priced in international …
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Sri Lanka seeks FTAs with Singapore, Malayasia and Turkey
May 06, 2016 (LBO) – Sri Lanka is exploring free trade agreements with Singapore, Malaysia and Turkey, a minister said. online pharmacy buy diflucan with …
Sri Lanka’s high credit growth to private sector plateauing: Governor
May 05, 2016 (LBO) - Credit growth to Sri Lanka's private sector by commercial banks is a key variable followed in determining monetary policy. This number has …
Sri Lanka’s foreign debt servicing rises steadily
May 01, 2016 (LBO) - The amount Sri Lanka has spent on external debt repayment and interest has more than doubled over the last five years, Central Bank data …
No reason to keep exporter’s money abroad: Central Banker
Apr 28, 2016 (LBO) – Sri Lankan exporters do not have a clear reason to keep their money abroad as the Central Bank has already removed restrictions on …
Trade agreements could propel Sri Lanka’s apparel: World Bank
Apr 27, 2016 (LBO) – Sri Lanka could enter into more trade agreements to help diversify export destinations for existing apparel products, a new World Bank …
Sri Lanka budget deficit climbs, economy at USD82.3 billion
Highlights from press conference: - Budget deficit climbs to 7.4% in 2015 vs 5.7% in 2014 - Economy valued at $82.3 billion - Balance of payments deficit at …
Sri Lanka Lotus Tower land deed still not cleared
Apr 26, 2016 (LBO) – The Lotus Tower or Nelum Kuluna’s land is still in dispute and awaiting approval from the Urban Development Authority, a senior …
Sri Lanka PUCSL says no to CEB’s emergency power plant request
Apr 25, 2016 (LBO) – Sri Lanka’s power regulator, Public Utilities Commission of Sri Lanka (PUCSL) in a letter denied the CEB a request to buy a 55 MW of …
George Soros looking at investment opportunities in Sri Lanka
Jan 07, 2016 (LBO) – Global investor George Soros said that his team is in the Island and are looking at investment opportunities. “In addition to my …
Sri Lanka currency adjustments terrible: Nishan de Mel
Dec 10, 2015 (LBO) – Sri Lanka’s currency adjustments which are poorly timed affect business planning and confidence of international community while …
Budget repeats ‘over-zealous’ mistakes in logistics, transport: CILT
Dec 07, 2015 (LBO) - Sri Lanka's budget proposals for 2016 repeat many of the mistakes in previous budgets in the areas of logistics and transportation, the …
Sri Lanka equity earnings down 6 pct in Q3 on diversifieds, telcos: CT CLSA
Dec 04, 2015 (LBO) - Sri Lanka equity market earnings declined 6 percent in the third quarter of this year largely due to lower earnings in diversified and …
We are in ‘Nonagathaya,’ New Year is on the way: Prime Minister
Dec 03, 2015 (LBO) – Sri Lanka is still in the period of making strategies to move forward and the country might have to generate additional revenue next …
Colombo International Financial Centre requires right talent: experts
Nov 27, 2015 (LBO) - Sri Lanka's plans to set up an international financial district bodes well for financial sector development and should be set up with the …
Major thrust of budget is formalizing economy: Ravi K
Nov 24, 2015 (LBO) - A major thrust of Sri Lanka's budget for 2016 is formalizing the economy to bring in sectors that do not use formal banking channels, the …
Analysis: Asian, Sri Lankan equities attractive on GARY valuation, says CLSA
Nov 14, 2015 (LBO) - Some equities offer dividend returns as well as earnings growth. Called Gary stocks, these are an attractive value proposition in an Asian …
Interview: State enterprise strategic plan in progress, management skill the biggest issue, says Eran
Nov 11, 2015 (LBO) – Sri Lanka is in the process of making plans to restructure the state owned enterprises and boosting management skill levels, Deputy …
Sri Lanka should review TPP agreement and its impact: Harsha De Silva
Nov 11, 2015 (LBO) – Sri Lanka should review and consider the Trans–Pacific Partnership (TPP) agreement as an enabler to enter into global competitive …
Infrastructure: Negotiating position crucial in structuring deals, say experts
Nov 09, 2015 (LBO) - Sri Lanka's government must pay attention to increasing its negotiating strength when seeking commercial borrowing and entering into …