Sri Lanka business and economy news as it breaks from Lanka Business Online

Wed, 19 June 2013 16:42:03

Sri Lanka's higher education institutes look to technology to maintain quality, manage costs

Jun 19 11:57:54

June 19, 2013 (LBO) - Sri Lanka's fee-levying higher education institutes are can use technology and cost management strategies to make services more affordable to students and also maintain quality, officials said.

Sri Lanka securities law to allow de-mutualization, civil penalties on track

Cricket: Resurgent India impress Sri Lanka's Jayawardene

Sri Lanka's NDB to boost small biz loans with US$24mn from IFC

Trading Tuesday : Sri Lanka stocks close down 0.4-pct

Health Care : Sri Lanka Hemas opens Rs1.3bn hospital

Big Bird : Boeing launches new Dreamliner with over 100 orders

Diplomat : Sri Lanka gets new envoy from India

Risk Spirit : Sri Lanka needs a stronger entrepreneurial culture: academics

International Reach : Sri Lanka hotel show attracts foreign interest

Growth Trend : Sri Lanka economy grows 6.0-pct in 2013 first quarter

Travel Trend : Sri Lanka tourist arrivals up 21-pct in May

Education Dialogue : Sri Lanka to host British Council global education forum

Trading Monday : Sri Lanka stocks close flat

RECENT NEWS

Faster Track : Sri Lanka promises fast-track investment approvals from July 01

Steady State : Sri Lanka growth to be on track: CB Governor

Credit Trend : Sri Lanka private credit falls to three year low in April

Errant Batsman : Cricket: Hard for Warner to retain Test spot - Clarke

Regional Polls : Sri Lanka vows polls in ex-war zone but clips council powers

Beneficial Owners : Sri Lankan connected firms, individuals in leaked tax haven data

Champions Trophy : Cricket: South Africa into semis after Windies tie

Trading Friday : Sri Lanka stocks up 0.2-pct

Satellite Help : Sri Lanka fishermen will be safer with vessel monitoring system: minister

Big Brother : India's inflation cools but rate cut unlikely

IN BRIEF

IN VIEW

ECONOMY

Risk Spirit : Sri Lanka needs a stronger entrepreneurial culture: academics

Growth Trend : Sri Lanka economy grows 6.0-pct in 2013 first quarter

FINANCE

Term Funds : Sri Lanka's NDB to boost small biz loans with US$24mn from IFC

Credit Trend : Sri Lanka private credit falls to three year low in April

Overnight Rates

Now Last Week

3 mon 8.75

6 mon 9.91

12 mon 10.84

2 years - -

3 years - -

Source: CBSL

Today Yesterday

SLIBOR 9.03 9.02

Call 9.00 9.00

Source: CBSL

Close

ASPI 6,193.00

0.42

S&PSL20 3,497.12

0.01

Midcap 7,640.14

0.69

Sales 291,787,457.

Source: CSE

SL Rs... SL Rs.

$ 130.23 130.38

204.95 205.26

174.58 174.44

1.3824 1.3857

CBSL ( Com. bank selling)

World Pulse

No Deal: Swiss lower house refuses to vote on US bank deal

Air Order: easyJet to buy 135 Airbus A320 planes for almost $12bn

CHOICES

Pros and cons of government ownership in Sri Lanka

Electricity tariff 2013: Forward or backward step for regulation

THRIFT COLUMN

Maggie Thatcher, slayer of high inflation and expropriation, dies

Sri Lanka has to re-think CB operations to lift dollar peg: fuss-budget

ANALYSIS

Negative Fallout: Sri Lanka SOE losses hurt investment and jobs: IMF

Harmonious: Sri Lanka fiscal and monetary authorities in harmony: officials

READER COMMENTS

Settlement Freedom(29): Great work,,Awesome. waiting for...

Term Funds(1): IFC should determine the rate that NDB...

Risk Spirit(2): A good story... Indeed the need of this kind...

Steady State(1): Of course has it ever been out of target...

Beneficial Owners(1): Amazed to see the companies...

Revenue Issue(1): Ohhh yes, and other taxes well above rest of...

Getting There(3): It is rather sad the Minister is not aware...

Tariff Proposals(8): I agree with Roy about the comment on the...

MOST POPULAR

Holding

Subsidies

Water Pressure

Coal Plant

Fixed Price

EDITOR'S PICK

Margin Matter

Rail Waste

Tough Going

Higher Priority

Travel Surge

SPORTS

Champions Trophy: Cricket: Resurgent India impress Sri Lanka's Jayawardene

Step Closer: Cricket: Sri Lanka oust Aussies to qualify for semis

SOUTH ASIA

Big Brother: India's inflation cools but rate cut unlikely

Oops: India's rupee hits record low against the dollar

INDO CHINA

Innovative Education: Sri Lanka's higher education institutes look to technology to maintain quality, manage costs

Statist Action: Tax evasion, bank secrecy: G8 talks tough, seeks teeth

Elections: Iran's Rowhani: moderate pledged to engage with world

Champions Trophy: Cricket: South Africa into semis after Windies tie