Author: lbostgadmin
Sri Lanka foreign reserves drops USD154mn in Sept: Central Bank
Oct 08, 2016 (LBO) – Sri Lanka’s official reserves dropped 153.8 million US dollars to 6.5 billion dollars in September, down from 6.6 billion dollars at the end of August, official Central Bank data showed. Foreign currency reserves were 5.4 billion US dollars, and reserves in Gold were 0.95 billion US dollars. The Central Bank’s […]
South Korea, Sri Lanka seeks strengthening national defence coop.
A top level delegation headed by the President of the Korea National Defence University (KNDU), Lieutenant General Seung Ho Wee, visited Sri Lanka from October 2nd to 5th. On Monday October 3rd, the delegation paid a courtesy call on the State Minister of Defence Hon. Ruwan Wijewardena and Secretary to the Minister of Defence Eng. […]
Sri Lankan rupee down on importer dollar demand; cenbank caps fall
COLOMBO, Oct 7 (Reuters) – The Sri Lankan rupee fell on Friday due to importer dollar demand while moral suasion by the central bank on the spot-currency trade forced banks to deal in spot-next, dealers said. “Banks did not trade the spot rupee below 146.85 because of moral suasion,” a currency dealer said, asking not […]
‘s Elephant House pours soft drinks into Europe
Oct 07, 2016 (LBO) – Sri Lanka’s iconic Elephant House has signed up with a UK-based bottling facility for the production of 1.5 litre PET plastic variants of its much-loved Necto, Cream Soda and Orange Barley beverages. With a view to increase exports into the European market, this bottling deal immediately targets expansion into key […]
Seylan Colombo Motor Show 2016 to open in October
(Press Release) Seylan Bank PLC a leader in providing innovative banking solutions, championing the leasing category, has partnered as the title sponsor and exclusive banking partner for the upcoming Seylan Colombo Motor Show 2016, which is the largest and luxurious automobile exhibition held in Sri Lanka. The Seylan Colombo Motor Show is organized by Asia […]
US, Sri Lanka SEC holds regional training to prosecute securities fraud
A Regional Training Conference on “Effective Oversight of Capital Markets: Investigation and Prosecution of Securities Fraud and Abuse” was organized by the Securities and Exchange Commission of Sri Lanka (SEC) in association with the United States Securities and Exchange Commission (US SEC) from the 19th – 22nd of September 2016. The conference was designed for […]
Sri Lanka signs D.C. sustainability pledge
Demonstrating the Embassy’s support for the District of Columbia’s environmental and sustainability goals, Ambassador Prasad Kariyawasam joined over 62 Ambassadors and Embassy representatives on October 5 at the Embassy of Italy to sign the DC Sustainability Pledge. The signing ceremony was organized by the DC Greening Embassies Forum in collaboration with the District of Columbia […]