Sri Lanka’s Central Bank Governor to resign

Jan 09, 2015 (LBO) – Sri Lanka’s Central Bank Governor Ajith Nivard Cabraal has informed His Excellency the President that he wishes to resign from …

Sri Lanka expects US$100 Bn Market Capitalization by 2020: SEC Chief

Jan 08, 2014 (LBO) - Sri Lanka expects a US$ 100 billion market capitalization by 2020, the Chairman of Securities and Exchange Commission said yesterday. buy …

Sri Lanka SEC says State Owned Enterprises should be listed on CSE

Jan 07, 2014 (LBO) – Sri Lanka’s Securities and Exchange Commission says, not only the private sector but also State owned Enterprises (SOEs) should be …

Sri Lanka’s BOP recorded a surplus of US $ 1,400mn: Central Bank

Jan 05, 2014 (LBO) - Sri Lanka’s Central Bank said the Island reported a Balance of Payment or BOP surplus of 1,400 million US dollars in 2014. Sri …

Sri Lanka’s Regional Development Bank to issue Rs.2.5 bn debenture issue

Jan 05, 2014 (LBO) – Sri Lanka’s Regional Development Bank or Pradeshiya Sanwardana Bank to issue debenture to raise 2.5 billion rupees which will …

Economic Imperatives post 8th January by Ceylon Chamber of Commerce

Since the end of the conflict in 2009, Sri Lanka has achieved economic growth above 7 percent on average and a relatively stable macro-economic position. …

Central Bank says Sri Lankan Rupee was relatively stable in 2014

Jan 05, 2014 (LBO) – Sri Lanka’s Rupee was relatively stable amidst the volatility in the international currency market, the Central Bank has said. …

Sri Lanka’s Samurdhi payments are mostly politically driven: Governor

Jan 03, 2014 (LBO) – Sri Lanka’s Governor Nivard Cabraal said that Island’s Samurdhi (prosperity) income re-distribution scheme is mostly …

Sri Lanka’s economy grew 7.8 pct in 2014 and targets 8 pct growth in 2015: Central Bank

Jan 03, 2014 (LBO) – Sri Lanka's economy grew about 7.8 percent in 2014, the Central Bank Governor Ajith Nivard Cabraal said. Exports grew 10 percent to …

Sri Lanka’s inflation is at 2.1-pct in December 2014: Central Bank

Jan 01, 2015 (LBO) –Sri Lanka inflation up to 2.1percent in December 2014 from to 1.5 percent in November 2014, the Central bank of Sri Lanka said in a …

Sri Lanka‘s Colombo Stock Exchange records 105.8 million foreign purchases in 2014

Jan 01, 2015 (LBO) – Sri Lanka’s Colombo stock exchange (CSE) has reported 105,812. 5 million rupees of foreign purchases as at 31st December 2014, …

œWe won’t remove army barriers from North: Maithripala

Jan 01, 2015 (LBO) –Sri Lanka’s common opposition Presidential candidate Maithripala Sirisena said, that his government would not remove the …

Korea Exim bank to loan USD 79 mn for water supply projects in Sri Lanka

Dec 31, 2014 (LBO) - The Export-Import Bank of Korea signed a total 79 million dollars’ worth Economic Development and Cooperation Fund (EDCF) loan …

Sri Lanka’s Central bank to provide 12 pct interest scheme for senior citizens

Dec 30, 2014 (LBO) – Sri Lanka’s Central Bank to provide 12 percent annual interest rate scheme for deposits of citizens over 60 years of age, who …

Sri Lanka Muslim Party to support Maithri

Dec 29,2014 (LBO) - Sri Lanka's main Muslim party, Sri Lanka Muslim Congress Sunday quit the government and pledged support to the opposition Candidate …

Opposition presidential candidate Sirisena says the govt has not given enough freedom for businesses in Sri Lanka

Dec 24, 2014 (LBO) - Opposition’s common presidential candidate Maithripala Sirisena said that the government had not given enough freedom for business …

Sri Lanka opposition to talk to IMF directly than dealing with ˜local jokers’

Dec 24,2014 (LBO)- Sri Lanka’s opposition leader Ranil Wickremesinghe said that he would deal directly with the International Monetary Fund (IMF) in …

SriLankan Airline and Mihin Lanka had become White Elephants: Maithri

Dec 24, 2014 (LBO): Sri Lanka’s State-run SriLankan Airlines and Mihin Lanka, a budget airline had become White Elephants, destroying the money of the …

Violent activities targeting common opposition shows lack of democratic space under the MR regime: Karu Jayasuriya

Dec 23, 2014 (LBO) - UNP’s Karu Jayasuriya said that recent violent incidents targeting rallies and activists of the common opposition amply demonstrate …

President’s launched election manifesto today

UPFA Presidential candidate President Mahinda Rajapaksa's election manifesto ˜Mahinda Chinthana Lowa Dinana Maga’ launched today at Colombo. Rajapaksa …