Sri Lanka has had wrong policy in transport: Eran
Dec 31, 2015 (LBO) - Sri Lanka has had wrong policy in encouraging private transport and congesting the roads, making it inefficient and polluting the …
Megapolis plan presented to President, USD 30bn worth investments in pipeline
Dec 31, 2015 (LBO) – Sri Lanka’s President Maithripala Sirisena was presented with the new government’s Megapolis Plan formulated to develop the …
Sri Lanka stocks close up 0.3-pct
Dec 30, 2015 (LBO) – Sri Lankan stocks closed up at 0.33 percent with some banking and finance sector stocks making gains, brokers said. The Colombo …
Sri Lanka T-bill yields up
Dec 30, 2015 (LBO) - Sri Lankan Treasury Bill yields were up at Wednesday’s auction with one-year yields up 19 basis points to 7. buy chloroquine online …
China to ink FTA with Sri Lanka
Dec 30, 2015 (LBO) - China will have discussions with Sri Lanka next year on a proposed Free Trade Agreement (FTA) in a bid to build stronger trade and …
Sri Lanka’s Sanasa Development Bank debenture issue oversubscribed
Dec 30, 2015 (LBO) – Sri Lanka’s Sanasa Development Bank said that its listed debenture issue has drawn subscriptions worth over 4 billion rupees and …
Sri Lanka’s Prime Minister appoints committee for constitutional reforms
Dec 29, 2015 (LBO) Sri Lanka’s Prime Minister, Ranil Wickremesinghe has appointed a 24-member committee from political and civil society to obtain …
Sri Lanka stocks close down 0.4-pct: Volume at 21 month low
Dec 28, 2015 (LBO) – Sri Lankan stocks closed down at 0.44 percent following a Christmas long week-end holiday with index heavy and banking sector stocks …
Sri Lanka stocks close higher 0.06-pct
Dec 23, 2015 (LBO) – Sri Lankan stocks closed higher at 0.06 percent after two consecutive days of losses ahead of the Christmas long week-end with index …
Sri Lanka’s economic goals can be achieved through addressing brain drain: Eran
Dec 23, 2015 (LBO) - Sri Lanka’s deputy Minister of State Enterprise Development said that internationally exposed management skills of local expatriates are …
Sri Lanka stocks close down 0.4-pct: 21 month low
Dec 22, 2015 (LBO) – Sri Lankan stocks closed down at 0.39 percent for a second consecutive day with index heavy stock making losses, brokers said. The …
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 …