Sri Lanka Chinese port city builders complies govt’s order to halt work
Mar 08, 2015 (LBO) – A Chinese firm who build the port city in Sri Lanka said it has received official communication from the Sri Lankan government to …
Sri Lanka Policy Planning ministry issued a statement on bond auction : Alleged malpractices to be probe
Mar 07, 2015 (LBO) - Sri Lanka's Ministry of Policy Planning and Economic affairs has issued a statement on the controversial bond auction and said that the …
Sri Lanka postpones setting a foreign direct investment target
March 05, 2015 (LBO) - Sri Lanka’s 100 day administration has taken a back seat in setting a foreign direct investment goal for this year after …
Sri Lanka’s new ruler’s one – off tax measures do not establish a step towards an effective tax system: IMF
Mar 04, 2015 (LBO) – Sri Lanka new government’s one –off tax, which proposed in interim budget 2015 to finance the budget has not established …
IMF urges Sri Lanka to consider contingency measures if revenue measures fail
Mar 04, 2015 (LBO) -The International Monetary Fund (IMF) urged Sri Lanka to have contingency measures in achieving the revised budget deficit target of 4.buy …
Sri Lankan loans based on consensus, says china: Report
Mar 03, 2015 (LBO) - Sri Lanka’s loans obtained from China were based on consensus through consultations between the two countries, quoting Chinese …
Sri Lanka’s Central Bank removes 5 pct- policy rate as credit picked up
Mar 03, 2015 (LBO) – Sri Lanka Central Bank removed 5.0 percent Standing Deposit Facility rate, given the signs of sustained increase in credit flows to …
Sri Lanka’s President cancels 16 foreign firms mining licenses
Mar 02, 2015 (LBO) - Sri Lanka's new president has cancelled mining licenses which has been issued by the former regime to 16 foreign companies to engage in …
Sri Lanka’s new administration to get public opinion on their work
Mar 02, 2015 (LBO) – Sri Lanka’s new administration has launched a special survey to find out the opinion of the General public and to analyze the …
Sri Lanka’s inflation drops to 2.9-pct in Feb 2015: Central Bank
Feb 27, 2015 (LBO) –Sri Lanka inflation declined to 2.9 percent in February 2015 from 3.2 percent in January 2015, on a year-on year basis, as a result …
Sri Lanka Central Bank asked all banks to pay 15-pct interest to 60+ depositors
Feb 26, 2015 (LBO) – Sri Lanka's Central Bank has asked all the banks to pay 15 percent interest for term deposits of up to a million rupees, held by …
Sri Lanka port city project would create infrastructural and sewage disposal issues: Deputy Minister
Feb 26, 2015 (LBO) - Sri Lanka’s Chinese funded port city project would have infrastructural and sewage disposal issues once implemented, Deputy Minister …
Sri Lanka’s forex reserves down to US$7.26bn in Jan 2015: Central bank
Feb 26, 2015 (LBO) - Sri Lanka's forex reserves fell to 7.261 million US dollars in January 2015, from 8.208 million US dollars in December 2015,official data …
Sri Lanka to get World Bank support in implementing policies to reduce poverty
Feb 24, 2015 (LBO) – World Bank’s vice president for the South Asia Region Annette Dixon said the Bank would partner with the government to help …
India’s Prime Minister Modi to visit Sri Lanka: First visit after 28 years
Feb 20, 2015 (LBO) – India’s Prime Minister Narendra Modi will visit Sri Lanka on March 13 which is the first visit by an Indian leader to the …
Sri Lanka’s discussion with IMF and the World Bank begun
Feb 20, 2015 (LBO) - Sri Lanka's Finance Minister Ravi Karunanayake has begun discussions with World Bank Managing Director Sri Mulyani Indrawati and with IMF …
Sri Lanka and IMF talks kicks off
Feb 19, 2015 (LBO) – Sri Lanka Finance Minister Ravi Karunanayake and International Monetary Fund Managing Director Christine Largarde discussion had …
Sri Lanka’s President visits India
Feb 15, 2015 (LBO) - Sri Lanka’s President Maithripala Sirisena is to leave for India today as his first official foreign visit after assumed office in …
Sri Lanka to attract Indian investments
Feb 13, 2015 (LBO) – Sri Lanka’s new administration plans to attract Indian Investments in to the Indian Ocean Island, and to develop strong …
Sri Lanka’s senior appointments to be decided by Constitutional Council: Deputy Policy Planning
Feb 09, 2015 (LBO) – Sri Lanka’s new government would take steps to appoint a Constitutional Council including senior respected people and …