Sri Lanka Finlay’s get regulator nod for delisting
Dec 22, 2015 (LBO) – Finlay’s Sri Lanka unit, a blender and packager of tea exports has received the approval of the Securities and Exchange Commission to …
Sri Lanka’s ‘Megapolis’ plan will help boost land prices in outskirts: Report
Dec 22, 2015 (LBO) – Sri Lanka’s Western Province ‘Megapolis’ plan will boost land prices in the suburbs and beyond in the long term, a research report …
Sri Lanka year in review 2015: OBG
Dec 21, 2015 (LBO) – Sri Lanka has emerged with a renewed emphasis on economic reforms and fiscal consolidation, which has allayed concerns for many local …
Sri Lanka stocks close lower 0.04-pct: Five month low
Dec 21, 2015 (LBO) – Sri Lankan stocks closed lower at 0.04 percent after five consecutive days of gains with low investor activity ahead of Christmas and …
Pope hails Sri Lanka president’s peace building and reconciliation efforts
Dec 15, 2015 (LBO) - The Pope commended the initiatives taken by the President towards peace building and reconciliation in the country, a statement said. …
Special economic zones, a driving force for increased trade in Asia: ADB
Dec 14, 2015 (LBO) - Special economic zones (SEZs) can be a driving force for increased trade, investment, and economic reform in Asia as it experiences a …
World’s first dengue vaccine approved
Dec 14, 2015 (LBO) – A vaccine against dengue fever, the mosquito borne virus fever, has won clearance in Mexico. The vaccine is the first of its kind and …
Sri Lanka stocks close up 0.1-pct, high institutional activity
Dec 11, 2015 (LBO) – Sri Lankan stocks closed up at 0.12 percent after five consecutive days of losses on Friday with gains in Nestle Lanka and high …
Sri Lanka female labor force participation could boost productivity: Kvintradze
Dec 11, 2015 (LBO) - Sri Lanka needs labor market reforms including boosting of female labor force participation rate, a senior International Monetary Fund …
Sri Lanka stocks close down 0.3-pct:Turnover high
Dec 10, 2015 (LBO) – Sri Lankan stocks closed down at 0.26 percent for a fifth consecutive day, Thursday with losses in index heavy stocks, brokers said. The …
Sri Lanka stocks close down 0.1-pct: Eight and a half month low
Dec 09, 2015 (LBO) – Sri Lankan stocks closed down at 0.11 percent for a fourth consecutive day, Wednesday amid the increase in treasury yields after six …
Sri Lanka treasury bill yields up at auction
Dec 09, 2015 (LBO) - Sri Lanka's Treasury bill yields were up at Wednesday's auction with the 12-month yield rising 6 basis points to 6.92 percent, data from …
Uber officially launches in Sri Lanka
Dec 09, 2015 (LBO) - Uber, a global ride sharing company with an on-demand technology platform and app that connects commuters who need a ride and licensed …
Sri Lanka alcoholic beverage demand sustainable despite higher prices: Fitch
Dec 09, 2015 (LBO) - Sri Lanka's alcoholic beverages makers in will be able to pass on back-to-back increases in excise duties to consumers without worrying …
Sri Lanka stocks close down 0.1-pct
Dec 08, 2015 (LBO) – Sri Lankan stocks closed down at 0.14 percent with losses in Ceylon Tobacco Company and Distilleries Company, brokers said. The Colombo …
Sri Lanka stocks close down 0.2-pct: Low investor activity
Dec 07, 2015 (LBO) – Sri Lankan stocks closed down at 0.16 percent with low investor activity, brokers said. The Colombo benchmark All Share Price Index …
Sri Lanka Ports Authority gets new MD
Dec 07, 2015 (LBO) - Sri Lanka Ports Authority (SLPA) has appointed Sarathkumara Premachandra as it’s new managing director, the authority said in a …
Sri Lanka’s CSE eyes more global investors through new CCP
Dec 07, 2015 (LBO) – Sri Lanka’s Colombo Stock Exchange (CSE) is aiming for more international investors by introducing a new risk management system …
Sri Lanka stocks close down 0.2-pct: Net foreign outflow
Dec 04, 2015 (LBO) – Sri Lankan stocks closed down 0.16 percent with losses in index heavy stocks amid low investor activity, brokers said. The Colombo …
Sri Lanka’s CSE to see infrastructure bonds and REITs soon
Dec 04, 2015 (LBO) – Sri Lanka’s Colombo Stock Exchange (CSE) chief said that new products in the form of infrastructure bonds and REIT’s will be …