Opinion: The Sri Lankan Rupee has bottomed
February 7, 2019 (LBO) – As the year 2018 drew to a close, the Sri Lankan currency was under attack on several fronts. The trajectory and forecasts of …
Foreign institutions dump over $ 100mn of Sri Lanka bonds to start 2019
January 18, 2019 (LBO) – Foreign institutional investors have continued to sell Sri Lanka’s bonds and stocks, even after Sri Lanka’s …
Tribute: Senior UN Economist Lakdasa Hulugalle (1932-2018)
January 2, 2018 (LBO) – Christmas Day 2018 saw the passing of Lakdasa Hulugalle at the age of 86. Hulugalle served as a Senior Economist at United …
Constitutional Crisis – Rs28bn foreign capital flees Sri Lanka in 2 weeks
November 9, 2018 (LBO) – Foreign selling of Sri Lanka’s stocks and bonds continued at a brisk pace in the second full week of Sri Lanka’s …
Sri Lankan media ownership laid bare with new transparency tool
October 26, 2018 (LBO) – Reporters without Borders and Sri Lanka’s Verite Research have launched a web portal that aims to inform the public about …
Net foreign outflows from Sri Lanka’s stock/bond markets cross $ 500mn YTD
October 12, 2018 (LBO) – Net foreign selling of Sri Lanka’s stocks and bonds has crossed US$500 million dollars for 2018. The outflows, which have been a …
Jayantha Dhanapala appointed to the Constitutional Council
October 11, 2018 (LBO) – Global diplomat Dr. Jayantha Dhanapala has been appointed to Sri Lanka’s Constitutional Council. He is one of 3 new …
Dr. Radhika Coomaraswamy appointed to the board of John Keells Holdings (JKH)
October 1, 2018 (LBO) – Former Under Secretary General of the United Nations Dr. Radhika Coomaraswamy has been appointed as an Independent Non-Executive …
Aussie journalist delves into new Macquarie chief Shemara Wikramanayake’s colourful family
September 27, 2018 (LBO) – Australian journalist Aaron Patrick has published a detailed exploration of the Sri Lankan family history of Shemara …
$ 360mn flows out of Sri Lankan markets so far in 2018
September 9, 2018 (LBO) – As money moves out of emerging market stocks and bonds all over the world, Sri Lanka is also falling victim to the dangerous …
Virtusa worth $ 1.5 billion, projects year-end March 2019 revenue of $ 1.25 billion
August 15, 2018 (LBO) – Nasdaq listed software development company Virtusa (VRTU) reported earnings for the quarter ended June 30th 2018 last week. The …
Glass ceiling obliterated, Shemara Wikramanayake to become CEO of global investment bank Macquarie
July 26, 2018 (LBO) – Shemara Wikramanayake is set to take over as CEO of global investment bank Macquarie in November of 2018. Ms. Wikramanayake was …
Foreign investors exit Sri Lanka government bonds in 2018
June 19, 2018 (LBO) – Foreign investors have been dumping Sri Lanka government bonds in 2018, after being big net buyers in 2017. Year to date, foreign …
Tribute: Sir Desmond De Silva QC (1939-2018)
June 10, 2018 (LBO) – The British press is full of tributes following the unexpected demise of Sir Desmond de Silva QC. Most major media publications in …
Queen’s Counsel Sir Desmond De Silva Passed Away (78)
June 05, 2018 (LBO) – Perhaps Sri Lanka’s most fierce global legal advocate passed away on June 2, 2018. Sir Desmond de Silva’s achievements were …