Sri Lanka stocks come alive with S&P SL 20 up 4% for the week
July 5, 2019 (LBO) – The Colombo Stock Exchange (CSE) had one of its better weeks in recent memory with both major indices notching impressive gains for …
Opinion: Credit to Coomaraswamy – Sri Lanka is economically stable despite political/security challenges
June 24, 2019 (LBO) – Sri Lanka is set to tap the credit markets for the second time this year. A sovereign bond is to be floated at interest rates that …
Kavindya Thennakoon delivers inspiring commencement speech at Wellesley
June 13, 2019 (LBO) – Sri Lankan graduate Kavindya Thennakoon has delivered an inspiring commencement speech at Wellesley College, the leading …
US$ 20mn foreign outflow from Sri Lanka’s bonds after CBSL cuts rates
June 8, 2019 (LBO) – Sri Lanka’s government bond market saw net foreign outflows of US$20mn in the week after the Central Bank of Sri Lanka (CBSL) …
LOLC passes most Sri Lankan corporate giants with Rs11bn annual profit
June 4, 2019 (LBO) – Colombo Stock Exchange listed LOLC Holdings (LOLC) has reported an astounding profit of over Rs11bn (US$65mn) for the fiscal year …
Foreign flows into Sri Lanka’s stocks/bonds as security situation stabilises
June 1, 2019 (LBO) – Foreign institutions were net buyers of Sri Lankan stocks and bonds in the past week as the security situation in the country …
China quick to relax travel advisory for Sri Lanka
May 25, 2019 (LBO) – China has relaxed its travel advisory to Sri Lanka with language that says: ‘be cautious’ as opposed to language that says …
Foreign outflow from Sri Lanka government bonds reverses in past week
May 24, 2019 (LBO) – Foreign investors moved back into Sri Lanka government bonds during the past week slightly reversing significant outflows that were …
Only Conservatives can deliver Brexit – Nirj Deva MEP
May 22, 2019 (LBO) – The people of the United Kingdom will go to the polls on Thursday May 23rd to vote for who will be their representatives in the …
Foreigners sell Sri Lanka’s stocks as EPF enters the market
May 17, 2019 (LBO) – Foreign institutional investors were net sellers of Sri Lankan equities for the past three consecutive days as the country’s …
Macquarie CEO Shemara Wikramanayake’s pay tops $ 18mn
May 12, 2019 (LBO) – Shemara Wikramanayake, CEO of global investment bank Macquarie, earned over $18mn in the last fiscal year. Her total annual …
Nirj Deva seeking a 5th term in the European Parliament
May 11, 2019 (LBO) – Niranjan Deva Aditya, more commonly known as the Hon. Nirj Deva, is seeking a fifth term in the European Parliament elections …
Foreigners flee Sri Lankan bonds with Rs11bn outflows this week
May 10, 2019 (LBO) – Foreign institutional selling of Sri Lanka’s government bonds picked up pace in the past week with approximately Rs11bn …
Sri Lanka’s rupee weak as foreigners exit bonds after Easter Sunday terror
May 5, 2019 (LBO) – Money has started to flee Sri Lanka’s bond markets in the aftermath of the devastating ISIS inspired Easter Sunday terrorist …
Opinion: One week after Sri Lanka’s Easter Sunday terror
April 28, 2019 (LBO) – A nation is in mourning. One week ago today, on Easter Sunday April 21, 2019, Sri Lanka was hit by one of the most sinister acts …
Sri Lanka tourism may be able to weather the Easter Sunday shock
April 27, 2019 (LBO) – The Sri Lankan economy and its tourism sector may be able to withstand the shock from the Easter Sunday terror attacks according …
CSE sees Rs1.5bn net foreign inflow following 4% drop after terror attacks
April 26, 2019 (LBO) – The stock market in Sri Lanka has remained steady following an initial 4% drop in the broader indices after the Easter Sunday …
Foreigners surprisingly buy shares of JKH after Sri Lanka’s Easter terror
April 24, 2019 (LBO) – Sri Lanka’s stocks seemed to find their footing by the close of today’s trading with the major indices finishing …
Sri Lanka stocks stabilising as PM says some terror suspects still ‘on the run’
April 24, 2019 (LBO) – Sri Lanka’s stocks opened flat on the second day of trading after the country’s devastating Easter Sunday terror …
Opinion: Sri Lanka’s Easter attacks among the worst modern acts of global terror
April 23, 2019 (LBO) – Sri Lanka has been a nation that has endured many a crisis. Death toll’s in Sri Lanka’s civil war, or devastating …