Asia flat following a weaker Wall Street as Treasury yields hit 16-mth high
lbo.lk,lboSINGAPORE, Dec 2 (Reuters) - Asian shares were flat in early trade on Friday following mostly sluggish sessions on Wall Street and Europe, as …
New legal framework for solar in Sri Lanka, no more licences
Nov 30, 2016 (LBO) - Sri Lanka's power regulator, Public Utilities Commission of Sri Lanka (PUCSL), has decided to remove the legal barriers for consumers who …
Sri Lanka tourist earnings up, slower growth in workers’ remittances
Nov 30, 2016 (LBO) - Sri Lanka's earnings from tourism increased while slower growth was seen in workers’ remittances in October 2016, the Central Bank said. …
Licencing , regulation and supervision of companies carrying on Micro finance Business
(PRESS RELEASE) - The Microfinance Act, No. 6 of 2016 was enacted with the objective of providing a regulatory framework to cover microfinance institutions …
Vote on Facebook for your favourite feature on Emirates Economy Class
(PRESS RELEASE) - Even among seasoned travellers, air travel invariably generates a conversation and now Emirates is engaging in one with its customers and …
Asia stocks edge up on U.S. growth data cues; dollar steady
HONG KONG, Nov 30 (Reuters) - Asian stocks edged higher on Wednesday reflecting upbeat U.S. growth news while oil steadied after a sharp drop overnight as OPEC …
Sri Lankan rupee edges down on importer dollar demand; stx up
COLOMBO, Nov 29 (Reuters) - The Sri Lankan rupee traded marginally weaker on Tuesday, hurt by dollar demand from importers amid fears that economic policies of …
Sanjay Tiwari new President of the The Sri Lanka Ceramics and Glass Council
(PRESS RELEASE) - Mr. Sanjay Tiwari, Managing Director & CEO,of Piramal Glass Ceylon PLC was elected as the new President of the Sri Lanka Ceramics …
Sri Lanka’s Comm Bank opens money transfer from Italy
Nov 28, 2016 (LBO) - Commex Sri Lanka, a fully-owned subsidiary of Commercial Bank of Ceylon, has inaugurated its money transfer operation in Italy, following …
Dollar steadies with bonds, oil anxious about OPEC
SYDNEY, Nov 29 (Reuters) - The U.S. dollar took a breather on Tuesday as global bonds steadied from their recent rout, while equities flatlined as political …
Sri Lankan rupee falls on importer dollar demand; stx flat
COLOMBO, Nov 28 (Reuters) - The Sri Lankan rupee edged down on Monday, hurt by demand for dollar from importers on fears that economic policies of U.S. …
Anthony Shanil Fernando appointed to the CSE Board
(PRESS RELEASE) - The Colombo Stock Exchange (CSE) announces the appointment of Mr. Anthony M. Shanil Fernando as a Director of the CSE Board. Mr. Fernando, …
Chartered accountants to adopt new code to combat crimes
Nov 25, 2016 (LBO) - The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) has decided to adopt the “Responding to Non Compliance with Laws and …
CSE to halt for one hour for disaster recovery test
Nov 24, 2016 (LBO) - The Colombo Stock Exchange (CSE) will be conducting a planned failover to the Disaster Recovery site during trading hours using Version 7 …
Sri Lanka to explore and assess gem deposits
Nov 24, 2016 (LBO) - Sri Lanka's cabinet has decided to implement a project to explore and assess gem deposits in Sri Lanka within 2017 and 2021, a statement …
USAID to support Sri Lankan Parliament to strengthen democratic governance
Nov 24, 2016 (LBO) - The United States Agency for International Development (USAID) launched a 1.92 billion rupee (USD13 million) partnership with the …
Dollar firms after upbeat U.S. data raises rate hike expectations
TOKYO, Nov 24 (Reuters) - The dollar firmed in Asian trading on Thursday after news of a pickup in U.S. economic growth early in the fourth quarter increased …
Sri Lanka poised for a shopping spree, basic goods drive demand
Nov 23, 2016 (LBO) - Sri Lankans still demand basic products such as refrigerators and washing machines due to the country’s low penetration levels …
Korea Eximbank to establish two vocational training institutes
Nov 23, 2016 (LBO) - The Export-Import Bank of Korea (Korea Eximbank) will support establishing two vocational training institutes in Sri Lanka, namely, …
Asia stocks share some Wall St joy, US yields a burden
SYDNEY, Nov 23 (Reuters) - Asian stocks bounced to one-week highs on Wednesday as investors tried to share in the exuberance of Wall Street's record …