Sri Lanka – Pakistan open consultation after 3 years, targets US1Bn trade by 2018
Oct 19, 2019 (LBO) - The fifth Sri Lanka-Pakistan Foreign Office Consultations were held recently in Colombo, after a lapse of three years with the meeting of …
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Sri Lanka export up 15.5-pct, Trade deficit widens
Oct 19, 2017 (LBO) - Sri Lanka's earning from exports increased by 15.5 percent (year-on-year) to US 1,001 million dollars in August 2017 with growth seen in …
External pressures constrain Sri Lanka’s credit profile: Moody’s
Oct 17, 2017 (LBO) – Moody's Investors Service says that Sri Lanka's (B1 negative) significant borrowing requirements and heavy reliance on external and …
IMF reaches staff level agreement on third review of Sri Lanka’s EFF
Oct 16, 2017 (LBO) – Sri Lanka’s central bank should stand ready to head off pressures on inflation and credit growth while continuing to enhance exchange …
Sri Lanka official reserves down by USD419mn in September
Oct 16, 2017 (LBO) – Sri Lanka’s official reserve assets dropped by 418. online pharmacy buy lexapro no prescription pharmacy 55 million US dollars to 7.29 …
Sri Lanka’s poor will benefit from more economic freedom
Oct 16, 2016 (LBO) - Sri Lanka's poor stands to gain big benefits if more economic freedoms are given, while businesses and foreign investors will also be …
‘Yahapalanaya’ shows 75-pct poor or no action on election promises
Oct 13, 2017 (LBO) – Sri Lanka's coalition government has recorded poor progress or no action in 75 percent or more of the election promises, Manthri.lk's …
Eran says sellers also responsible for Airbus deal
Oct 13, 2017 (LBO) - State Minister of Finance Eran Wickremeratne said that the Airbus Industrie is also responsible as buyers and sellers are both …
Sri Lanka’s cabinet approves National Audit Bill amendments
Oct 11, 2017 (LBO) – Sri Lanka’s cabinet has approved the highly anticipated national audit bill amendments on Tuesday after receiving the go ahead from …
Sri Lanka warned of inadequate policies and programmes to address aging issues
Oct 10, 2017 (LBO) - Population projections show that the proportion of Sri Lankans above the age of 60 years will increase from 14 percent in 2017 to 22 …
Sri Lanka’s Appropriation Bill 2018 before Parliament today
Oct 09, 2017 (LBO) - Sri Lanka's state Minister of Finance Eran Wickramaratne will present the Appropriation Bill to parliament on 09th October 2017. buy …
Sri Lanka’s GDP growth to reach 5-pct in 2018: ADB
Oct 09, 2017 (LBO) - Sri Lanka's Gross Domestic Product (GDP) would be 4.5 percent at end 2017 and increase to 5 percent by end 2018, the Asian Development …
Animals destroy one-third of Sri Lanka’s crop production: President
Oct 06, 2017 (LBO) – Sri Lanka’s President Maithripala Sirisena highlights that one-third of country’s crop production is affected and destroyed by …
Sri Lanka to purchase 100MW of emergency power for 6 months
Oct 04, 2017 (LBO) – Sri Lanka’s cabinet has approved a proposal to procure 100MW of electricity from private power producers for a period of 6 months with …
Sri Lanka to modernize financial sector with USD75mn loan
Oct 04, 2017 (LBO) – Sri Lanka’s Finance Ministry on Wednesday signed an agreement to modernize and improve the efficiency of country’s financial sector …
Sri Lanka’s Asiri Surgical to start comprehensive cancer treatment
Oct 04, 2017 (LBO) – Sri Lanka’s Asiri Surgical Hospital has divested half of its stake in Asiri AOI to India-based Cancer Treatment Services Hyderabad for …
Global changes create huge challenge to Asian ports: SLPA Chairman
Oct 03, 2017 (LBO) – Sri Lanka’s Ports Authority Chairman Parakrama Dissanayake says Global macroeconomic changes have created a huge challenge to the …
Sri Lanka’s long awaited LNG discovery to come into operation by 2021
Oct 03, 2017 (LBO) - Sri Lanka plans to commercialize the natural gas discoveries in one of the gas blocks in the Mannar Basin by 2021, Petroleum Resources …
ADB gives USD 900Mn for rural connectivity program in Sri Lanka
Oct 03, 2017 (LBO) - The Asian Development Bank’s (ADB) Board of Directors has approved financing of up to 900 million dollars for a program that will …
Sri Lanka discusses Megapolis financing with European Investment Bank
Oct 02, 2017 (LBO) – Sri Lanka’s Foreign Minister has participated in a discussion with Vice President of the European Investment Bank (EIB) to evaluate …