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Sri Lanka PAFFREL calls Parliamentarians to adhere March 12 Declaration
May 14, 2015 (LBO) – Sri Lanka’s election watchdog PAFFREL has called Parliamentarians to adhere March 12 Declaration when handing over nominations for the upcoming general election. The Declaration which was presented to all political parties on 12 March 2015 is a criterion on the values and qualifications that need to be considered when selecting […]
Sri Lanka Treasury bill yields drop
May 13, 2015 (LBO) – Sri Lanka’s Treasury bill yields were down across maturities at Wednesday’s auction with 6 and 12-month yields dropped by 0.04 basis points, data from the state debt office showed.6-month bill was closed at 6.22 percent while 12-month closed at 6.31 percent. 3-month yield was also dropped by 0.02 basis points […]
Golden Key Depositors to withdraw all complaints: Central Bank to bare costs (In Pics)
May 13, 2015 (LBO) – Sri Lanka’s golden key depositors were asked to withdraw all cases to be taken up by the Supreme court on 18 May 2015 following a assurance of 40 percent pay back by the Central Bank. “We are here to facilitate and to ensure that they (depositors) are provided the relief […]
Sri Lanka stocks close down at 0.2-pct
May 13, 2015 (LBO) – Sri Lanka’s stocks closed down at 0.19 percent with banking sector and some index heavy stocks recording losses, brokers said. The Colombo benchmark All Share Price Index closed 13.56 points lower at 7,245.05 down 0.19 percent. The S&P SL20 closed 12.71 points lower at 4,060.85 down 0.31 percent. Turnover was […]
”’ final rating
May 13, 2015 (LBO) – Sri Lanka’s Fitch Ratings has assigned Singer’s unsecured redeemable debentures issue of up to 3 billion rupees a final national long term rating of ‘A-(lka)’. The final rating is the same as the expected rating assigned on 20 April 2015, and follows the receipt of documents conforming to information already […]
Sri Lanka’s Central Bank to settle Golden Key depositors: Ravi K assures
May 13, 2015 (LBO) – Sri Lanka’s Finance Minister Ravi Karunanayake says that the Central Bank will take the responsibility of paying the defaulted Golden Key depositors after they withdraw their cases that are to be taken up on 18 May 2015.He made this comment following a meeting held with the depositors at the Finance […]
‘s foreign policy reset to serve all Lankans: Foreign Minister
May 13, 2015 (LBO) – Sri Lanka’s foreign policy has been reset to serve the interests of all Sri Lankans and eager to regain its position as a respected member of the international community, Foreign Minister said.Foreign Minister Mangala Samaraweera addressing ambassadors representing twenty four countries explained efforts to restore democracy through constitutional, administrative and […]
Ceylon Tobacco sales up 11-pct on increase of disposable income: Interim Report
May 13, 2015 (LBO) – Sri Lanka’s Ceylon Tobacco Company’s sales volumes increased 11 percent during the quarter which could be attributed to a higher level of consumer confidence and an increase in disposable income, the company said in its interim report. “During the first quarter we continued to see a volume growth in the […]
Sri Lanka’s online property portal Lamudi releases updated Android app
May 13, 2015 (LBO) – Sri Lanka’s real estate marketplace Lamudi has recently released an updated version of its Android app to make it easier for house-hunters to. Version 2.0 of the app, Lamudi: Property for Sale & Rent, offers overall better speed and performance, making it easier to browse through Lamudi’s global catalogue of […]
‘s authorities should be cautious when issuing building permits: Harsha de Silva
May 13, 2015 (LBO) – Sri Lanka’s Municipal councils and local authorities should be more cautious when issuing building permits to people in areas where there are high tension power cables, a Deputy Minister said.“People must get the correct approvals for the construction of their houses from the relevant Municipal council or authority,”Harsha De Silva, […]