Sri Lanka’s prospects on crucial European GSP Plus facility is looking brighter
Mar 13, 2015 (LBO) – Sri Lanka’s retrieval of GSP Plus, a system granting tax free entry for the counties goods to the EU market seems brighter, Ministry …
Markets
Colombo Stock Exchange to host a series of workshops to empower investors
Mar 11, 2015 (LBO) – The Colombo Stock Exchange will host a series of workshops to empower retail investors engaged in the Stock Market by educating them on …
Sri Lanka’s gem industry calls for increasing export earnings through value addition: EDB
Mar 11, 2015 (LBO) – Sri Lanka’s coloured stone industry which is the fourth largest export earner in the island should export more value addition gems to …
Sri Lanka’s President to probe irregularities in the stock market
Mar 10, 2015 (LBO) - Sri Lanka's President Maithripala Sirisena has appointed a commission of inquiry headed by Supreme Court Justice Priyasath Dep to probe …
Sri Lanka development bonds oversubscribed by 3.45 times
Mar 10, 2015 (LBO) - The issue of Sri Lanka development bonds amounting to 50 million US dollars have been oversubscribed with 172. online pharmacy buy …
Sri Lanka Softlogic Capital’s stated capital reduced
Mar 06, 2015 (LBO) - Sri Lanka's Softlogic Capital on Friday obtained the shareholder approval to reduce its stated capital, a statement said. buy propecia …
Sri Lanka’s Guardian Acuity Asset Management launches low risk gilt fund
Mar 04, 2015 (LBO) – Sri Lanka’s guardian Acuity Asset Management, a fund management firm launched a mutual fund invested in risk free government …
Port City
March 04, 2015 (LBO) - Sri Lanka’s controversial Chinese funded Colombo port city project has been temporarily suspended due to pending of an …
Fitch rates National Development Bank’s senior debentures ‘AA-(lka)(EXP)’
Mar 02, 2015 (LBO) – Sri Lanka’s National Development Bank PLC's proposed senior debentures of up to 7.5 billion rupees which will be used to refinance …
Sri Lanka construction sector eyed by Turkish investors
Mar 02, 2015 (LBO) - Sri Lanka's construction sector is a key area of interest for Turkish companies scouting for investment opportunities, Turkey ambassador …
Sri Lanka’s tax on liquor manufacturers to boost market share of Distilleries Corp: Fitch
Feb 27, 2015 (LBO) – Sri Lanka’s market leader in alcoholic beverage production Distilleries Corporation of Sri Lanka (DIST) would be able to expand its …
Sri Lanka Hayleys’s Rs2bn debt issue oversubscribed
Feb 26, 2015 (LBO) – Sri Lanka, Hayleys PLC’s issue of 20,000,000 senior unsecured listed redeemable rated debentures was oversubscribed today receiving …
Sri Lanka’s Cargills says the new regime has revisit the ‘deemed VAT’
Feb 20, 2015 (LBO) –The new government had to revisit the 'deemed Value Added Tax' where it was asked by the new administration to pay tax on …
Sri Lanka Hayleys to issue debentures
Feb 19, 2015 (LBO) – Sri Lanka, Hayleys PLC, which has interests in export manufacturing, power, leisure and plantations to issue senior unsecured listed …
Fitch rates Sri Lanka’s Singer Finance’s Proposed Senior Debt ‘BBB (lka)(EXP)’
Feb 19, 2015 (LBO) - Fitch Ratings has assigned Singer Finance PLC’s proposed listed senior secured debentures of up to 1.5 billion rupees an Expected …
Sri Lanka new government had not yet decided to stop ‘Port City’
Feb 19, 2015 (LBO) - Sri Lanka’s Port City project has not been stopped yet and is still being looked into, Prime Minister Ranil Wickremesinghe told …
Sri Lanka’s new administration ordered to release ‘Frontline’ magazine issue
Feb 18, 2015 (LBO) - Sri Lanka's new administration had ordered to release an issue of India's Frontline magazine, which was held at the border, Sri Lanka's …
Sri Lanka Softlogic December net up 10-pct
Feb 18, 2015 (LBO) – Sri Lanka's Softlogic Holdings December 2014 quarter net profit rose 10 percent to 179.1 million rupees from a year ago with big …
Sri Lanka’s Power Ministry to set up island-wide charging centers for electric cars
Feb 17, 2015 (LBO) – Sri Lanka’s Power and Energy Ministry plans to set up an island-wide network of charging centres for electric cars involving private …