Sri Lanka stocks close flat on six week low
Oct 26, 2015 (LBO) – Sri Lankan stocks closed higher 0.03 percent on Monday low volumes traded, brokers said. The Colombo benchmark All Share Price Index …
Commercial real estate market has high potential for ROI: analysts
Oct 26, 2015 (LBO) – The demand for Sri Lanka’s commercial property is growing and there will be high potential for return on investment, experts said. …
Sri Lanka stocks close up 0.2-pct
Oct 23, 2015 (LBO) – Sri Lankan stocks closed up 0.18 percent on Friday for a fourth consecutive day with gains in the leisure sector city hotels showing …
Sri Lanka’s EDB called on to perform like private sector entity
Oct 23, 2015 (LBO) – Sri Lanka’s Export Development Board has been called upon to perform as a private sector entity to ensure a better performance from …
Sri Lanka stocks close up 0.2-pct driven by retail activity
Oct 22, 2015 (LBO) – Sri Lankan stocks closed up 0.19 percent on Thursday for a third consecutive day driven by retail activity with gains in index heavy …
Sri Lanka’s Finlays unit to delist
Oct 21, 2015 (LBO) - Sri Lanka's Finlays, a tea exporter said it plans to delist its ordinary shares from the Colombo Stock Exchange, a statement said. "James …
Strengthening institutions, policy interaction needed: Saman Kelegama
Oct 21, 2015 (LBO) – Sri Lanka can achieve greater economic progress with a reforms agenda which strengthens interactions between institutions, policy …
Sri Lanka needs a proper development policy: German ambassador
Oct 21, 2015 (LBO) – Sri Lanka’s full potential can be achieved if the new government can come up with a proper economic policy framework for the island, …
Germany’s Bosch commences operations in Sri Lanka, eyes construction boom
Oct 20, 2015 (LBO) – Bosch, a leading German supplier of technology and services, commenced operations in Sri Lanka to meet the increasing demand seen in the …
Sri Lanka stocks close lower 0.05-pct ahead of monetary policy review
Oct 19, 2015 (LBO) – Sri Lankan stocks closed down on Monday for a fifth consecutive day ahead of the governments monetary policy review, brokers said. The …
Interview: New plans to be unveiled in Megapolis infrastructure
Oct 16, 2015 (LBO) – Sri Lanka's new minister for the Megapolis, Champika Ranawaka, has big plans in mind for the region that spans the Western Province. A …
Sri Lanka stocks close down 0.5-pct
Oct 14, 2015 (LBO) – Sri Lankan stocks closed down on Wednesday with continued losses in index heavy and banking sector stocks, brokers said. The Colombo …
Sri Lanka, Indonesia trade increased 32-pct in 2014
Oct 14, 2015 (LBO) – Trade between Sri Lanka and Indonesia increased by 32 percent in 2014 and there is vast economic and trade potential that can be …
Brandix to build community leadership in water management
Oct 14, 2015 (LBO) - A new initiative to support young women holding office in community-based organisations responsible for water management and water …
Bimputh Finance gets ‘BB lka’ rating: Fitch
Oct 14, 2015 (LBO) - Fitch Ratings Lanka has assigned Sri Lanka's Bimputh Finance plc with a national long-term rating of 'BB(lka)' and a stable outlook. …
Asian Paints breaks new ground in Sri Lanka with Masterstrokes
Oct 13, 2015 (LBO) - A unique multi-dimensional loyalty programme that will contribute significantly to the empowerment of local painting technicians has …
Angus Deaton wins Nobel prize for consumption, welfare economics
Oct 13, 2015 (LBO) - The prize in economic sciences in memory of Alfred Nobel for 2015 has been awarded to Angus Deaton of Princeton University for his …
Sri Lanka’s real estate a new segment of export economy: developer
Oct 12, 2015 (LBO) – Sri Lanka’s ongoing real estate developments can be used to attract investors to the island as a new segment of our export economy, a …
Japan provides food aid worth Rs. 275Mn to Sri Lanka’s North
Oct 10, 2015 (LBO) – Sri Lanka will receive food grant assistance worth 275 million rupees from Japan through the World Food Program (WFP), a statement …
Sampath Bank’s subordinated debt gets ‘A lka’ rating: Fitch
Oct 10, 2015 (LBO) - Sri Lanka's Sampath Bank's subordinated debentures has been assigned a National Long-Term Rating of 'A(lka)(EXP)', Fitch ratings said in …