Author: lbostgadmin
Sri Lanka T- bill yields down: Central Bank
Mar 31, 2015 (LBO) – Sri Lanka’s The weekly primary auction for the week ending 02 April 2015 for the re-issue of Rs.19, 000 million maturing Treasury bills was held today, the debt office which is part of the island’s central bank said. Treasury bill yields were down on Tuesday’s auction with the 12-month yield […]
Sri Lanka T- bill yields down: Central Bank
Mar 31, 2015 (LBO) – Sri Lanka’s The weekly primary auction for the week ending 02 April 2015 for the re-issue of Rs.19, 000 million maturing Treasury bills was held today, the debt office which is part of the island’s central bank said.Treasury bill yields were down on Tuesday’s auction with the 12-month yield down […]
Sri Lanka’s stocks close down 1.3-pct
Mar 30, 2015 (LBO) – Sri Lanka’s shares were down Monday with the benchmark index continuing to drop dragged down by banking and index heavy counters, brokers said. The Colombo benchmark All Share Price Index closed 86.42 points lower at 6,787.10, down 1.33 percent. The S&P SL20 closed 68.81 points lower at 3,832.53, down 1.76 […]
Sri Lanka sells Rs25.4bn in 5 and 10 year bonds
Mar 30, 2015 (LBO) – Sri Lanka has sold 25.4 billion rupees of five and ten year bonds after calling bids for 25 billion rupees of bonds, the state debt office said. The debt office on Monday sold 5.26 billion rupees of five year bonds maturing on 01 June 2020 at weighted average yield of […]
‘s Cinnamon Lakeside Hotel partially closed
Mar 30, 2015 (LBO) – Sri Lanka’s five star hotel Cinnamon Lakeside will be partially closed from Monday till October 2015 for urgent repairs; owners of the hotel, Trans Asia said in a statement.The statement further stated that the repairs will be completed in October 2015.“We already closed the Pool. But the restaurant area and […]
‘s new regime calls everyone to engage in share market activities and participate in wealth creation: Harsha De Silva
Mar 30, 2015 (LBO) – Sri Lanka’s new government wants every household to benefit from the country’s share market, deputy minister of policy and finance planning, Harsha De Silva said. “We want an asset holding middle class; we do not want the share market to be the property of 200 people.” ” De Silva said. […]
Sri Lanka gets free wi-fi access at public locations from today
Mar 30, 2015(LBO) – Sri Lanka’s new regime to provide free wifi internet access at 26 selected public locations across the island from today, a statement said. The government said, it will provide up to 100 mega bite of usage at the Fort Railway Station, Pettah Public and Private Bus Stands, the Temple of the […]
Samsung expects higher smart phone growth in South Asia: Samsung Official
Mar 30, 2015 (LBO) – Korea’s Samsung says the smart phone market in South Asia is likely to grow more in the future with the increasing per capita income in the region. “There will be experiential growth in smart phone segment in South Asia driven by India, Sri Lanka, Nepal and Bangladesh,” Rajiv Mishra, vice […]
Sri Lanka to grow as a knowledge based economy: Doors open for private sector : Eran Wickramaratne
Mar 30, 2015 (LBO) – Sri Lanka’s future should be based on a knowledge based industry which will enable the Island to attract more investors, deputy Minister of highways, higher education and investments promotions, Eran Wickramaratne said. “One of the challenges for investors in Sri Lanka is access to skilled labour and the island’s education […]
Sri Lanka sells Rs25.4bn in 5 and 10 year bonds
Mar 30, 2015 (LBO) – Sri Lanka has sold 25.4 billion rupees of five and ten year bonds after calling bids for 25 billion rupees of bonds, the state debt office said. The debt office on Monday sold 5.26 billion rupees of five year bonds maturing on 01 June 2020 at weighted average yield of […]
Sri Lanka’s President Sirisena calls for a new thinking on Asian growth strategy
Mar 29, 2015 (LBO) – Sri Lanka’s President Maithreepala Sirisena calls for a new thinking on growth strategy and more cooperative partnership among the community of Asia.He was speaking yesterday at the economic conference “Boao Forum for Asia 2015” held in Hainan island , China’s south and said there is an ever-growing disparity among the […]
Facebook to focus on three themes in 2015: Zuckerberg
Mar 29, 2015 (LBO) – Facebook annual developer conference kicked off in San Francisco recently unleashed more than 25 products and tools to help its developers build, grow, and monetize mobile apps. The event attracted more than 2,500 developers around the world to build the next generation of apps. Facebook CEO Mark Zuckerberg delivering the […]