Fiscal stimulus will boost demand in short-run but create instability in long-run: ICRA
Dec 11, 2019 (LBO) - The Government of Sri Lanka (GoSL) reduced variety of taxes substantially in an attempt to revive the economy, which could possibly cost …
Dec 11, 2019 (LBO) - The Government of Sri Lanka (GoSL) reduced variety of taxes substantially in an attempt to revive the economy, which could possibly cost …
Dec 09, 2019 (LBO) - Sri Lanka’s economic activity will pick up following a series of tax cuts and the expansion of economic activity will boost Gross …
Dec 05, 2019 (LBO) – Fitch Ratings has assigned Nations Trust Bank PLC's (NTB, A(lka)/Stable) proposed Basel III-compliant subordinated unsecured debentures …
Dec 04, 2019 (LBO) – Director and Head of Mitra Products, Bivendra Narangoda, said the Company’s Product Business Unit has had a phenomenal 2019 with an …
Dec 04, 2019 (LBO) – Commercial Bank was crowned the winner at the 55th Annual Report Awards winning the coveted ‘Cyril Gardiner Memorial Trophy’ for …
Dec 03, 2019 (LBO) – Fitch Ratings is withdrawing the expected National Long-Term Rating of 'AA-(EXP)(lka)' assigned to Commercial Bank of Ceylon PLC's (CB; …
The Commercial Bank of Ceylon’s commitment to People, the Planet and Profit – the three pillars of sustainability – saw Sri Lanka’s benchmark private …
Dec 03, 2019 (LBO) - Colombo’s upcoming major mixed development, Cinnamon Life announced the visit of the legendary emerging markets investment pioneer, Dr. …
Dec 03, 2019 (LBO) – Sri Lankan insurers' risk-based capitalisation (RBC) ratios have fallen with the adoption of new accounting standards for lease …
Dec 02, 2019 (LBO) - The yer‐on‐year inflation as measured by CCPI is 4.4 percent in November 2019 and inflation calculated for October 2019 was 5.4 …
Nov 29, 2019 (LBO) – Sri Lanka’s Central Bank said a new scoring system will be introduced to the Credit Information Bureau (CRIB) from January next year. …
Nov 28, 2019 (LBO) – Fitch Ratings has revised the expected National Long-Term Rating on HNB Finance Limited's (HFL, A(lka)/Stable) proposed Sri Lanka …
Nov 27, 2019 (LBO) – Sri Lanka's Central Bank on Wednesday clarified that the information published in newspapers regarding any potential investment in the …
Nov 25, 2019 (LBO) – First Capital Research believes that there is a possibility for a rate cut considering the need to address the sluggishness in economic …
Nov 22, 2019 (LBO) - The National Consumer Price Index (NCPI) for all items for the month of October 2019 was 131.9, an increase of 1.3 index points or 1.0 …
Nov 21, 2019 (LBO) – Sri Lanka's Central Bank warns public that it has received information regarding several types of financial frauds and scams being …
Nov 20, 2019 (LBO) - The Ceylon Chamber of Commerce in association with the Embassy of Turkey in Sri Lanka will be organising a presentation on “Turkey – …
PBT up 54.8% to Rs 5.8 billion on net income of Rs 22.8 billion Net premium income grows 5.5% to Rs 13.3 billion Life Fund increases by 4.8% to Rs 92.3 billion …
Nov 18, 2019 (LBO) - The CBSL independence is a critical factor to have some level of discipline in the monetary policy and the new Central Bank Bill is an …
Nov 18, 2019 (LBO) - Sri Lanka's All Share Index rose 94 points or 1.56 percent to 6,117 points in the first half of the day of trading following the election …