All Blogs
Sri Lanka Treasury bill yields drop: Central Bank
Apr 28, 2015 (LBO) – Sri Lanka’s Treasury bill yields were down at Tuesday’s auction with the 12-month yield dropping 11 basis points to 6.39 per cent, data from the state debt office showed.The debt office offered 3-month short term bills for the auction at 6.15 per cent and 9,085 million rupees were accepted from […]
Sri Lanka stocks close up 0.1-pct
Apr 28, 2015 (LBO) – Sri Lanka’s stocks closed 0.13 percent higher despite a crucial Parliamentary vote to be taken shortly, brokers said. The Colombo benchmark All Share Price Index closed 9.31 points higher at 7,134.43 up 0.13 per cent. The S&P SL20 closed 5.47 points higher at 4,026.26 up 0.14 per cent. Foreigners bought […]
South Asian market should integrate to tap global growth: SEC Chief
Apr 27, 2015 (LBO) – South Asian regional markets need to interact with each other in order to tap in to global economic growth, Chief of the Securities Exchange Commission said. “There is a systematic surge in the region towards a greater degree of economic integration in the real sector through bilateral and multilateral trade […]
Sri Lanka stocks close flat
Apr 27, 2015 (LBO) – Sri Lanka’s stocks closed lower, 0.07 per cent with activity seen in the finance sector stocks and a net foreign inflow, brokers said. The Colombo benchmark All Share Price Index closed 04.66 points lower at 7,125.12 down 0.07 per cent. The S&P SL20 closed 0.82 points lower at 4,022.44 down […]
Sri Lanka’s new rulers look at “game theory” to pass 19th & 20th amendment: Harsha de Silva
Apr 27, 2015 (LBO) – Sri Lanka’s new administration said, it has to use the theory of games, a study of strategic decision making to pass the 19th and 20th amendments to the constitution.Game theory is a strategic decision making process that is mainly used in economics, political science and psychology as well as logic, […]
Sri Lanka’s 19th amendment debate in progress; protest backing 19A
Apr 27, 2015 (LBO) – Sri Lanka’s President Maithripala Sirisena making a special statement in the parliament on Monday opened the debate of much awaited 19th amendment to the constitution.“I don’t think there were any state heads that acted with such flexibility to remove these powers and I expect all of you to vote for […]
SriLankan airlines to address corruption allegations through new management structure: Chairman
Apr 27, 2015 (LBO) – State-run SriLankan airline chief says a committee has been appointed to look in to the alleged allegations made in the recent Welliamuna report and any irregularities found will be dealt through a proposed new management restructuring. “We have a committee comprising three of our directors who are looking into these […]
Sri Lanka’s FTA with India; an opportunity not a threat: Ceylon Chamber of Commerce
Apr 27, 2015 (LBO) – Sri Lanka’s free trade agreement with India should be extended to services and investment deepening the existing FTA on the trade in goods, the Ceylon Chamber of Commerce said. “There is a strong case for giving high priority to building upon the existing Indo Sri Lanka FTA; completing the FTA […]
” rescue mission begins
Apr 26, 2015 (LBO) – India has begun its efforts to rescue people trapped in Nepal where a massive earthquake of 7.9 magnitude left over 1,900 people died. It is also reported that tremors measuring 5.5 on Richter Scale has hit Nepal again on Sunday morning though no loss of life or destruction has so […]
62nd LBR LBO CEO Forum – “Asia Rising: Emerging Opportunities for Sri Lankan Business” – 20th May 2015
Topic: Asia Rising: Emerging Opportunities for Sri Lankan Business Date/Time: Wednesday 20th May 2015 | 1800 – 2100 Hrs Speaker: Professor Razeen Sally Moderator: Anushka Wijesinha | Consultant Economist Panelists: Rohan Fernando | Chairman | HVA Foods PLC Imal Fonseka | CEO | Ceylon Biscuits Limited Ranil Pathirana | Group Finance Director | Hirdaramani Group Venue: Institute of Chartered Accountants Host: Lakshaman […]