Sri Lanka stocks close higher at 0.3-pct

Apr 21, 2015 (LBO) – Sri Lanka’s stocks closed higher, 0.26 per cent with active retail investors trading and banking sector stocks showing gains, brokers said. The Colombo benchmark All Share Price Index closed 18.22 points higher at 7,098.60, up 0.26 per cent. The S&P SL20 closed 05.83 points higher at 4,039.65, up 0.15 per […]

Sri Lanka sells Rs4.56bn in 03 year bonds; 07 year bonds rejected

Apr 21, 2015 (LBO) – Sri Lanka has sold 4.56 billion rupees of three year bonds after calling bids for six billion rupees of bonds, the state debt office said.The debt office on Tuesday sold three year bonds maturing on 01 June 2018 at weighted average yield (net of tax) of 8.15 percent. The debt […]

‘s National Development Bank gets new chairman

Apr 21, 2015 (LBO) – Sri Lanka’s National Development Bank, an investment bank has appointed a new chairman after its former chairman stepped down indicating a personal wish, the bank said in a stock exchange filing.The board of directors of NDB at a meeting held on Monday decided to appoint N.G Wickremeratne as the new […]

Sri Lanka’s UPFA MP’s parliament protest end

Apr 21, 2015 (LBO) – Sri Lanka’s United Peoples Freedom Alliance parliamentarians who were protesting against the former president being summoned to the Bribery Commission ended their protest a short while ago.The MP’s spent the night in the parliament chamber yesterday given the President and Prime Minister failed to come to a decision during the […]

Sri Lanka’s parliament adjourns again till 12.30 in the afternoon

Apr 21, 2015 (LBO) – Sri Lanka’s parliament on Tuesday was adjourned again till 12.30 p.m by the Speaker, Chamal Rajapakse. Sri Lanka’s PM is scheduled to present 19th amendment to the Constitution in parliament for the 2nd reading today.Meanwhile, Sri Lanka’s President Maithripala Sirisena also arrived in parliament and Parliamentarian Dinesh Gunawardane has requested […]

Sri Lanka’s parliament adjourns for 15 minutes following tense situation

Apr 21, 2015 (LBO) – Sri Lanka’s parliament on Tuesday was adjourned for 15 minutes by Speaker Chamal Rajapakse, following a tense situation that arose in parliament a short while ago. The Speaker has called a meeting of party leaders in the chamber.Parliament also adjourned yesterday following a situation that irrupted in the chamber with […]

Sri Lanka’s UPFA parliamentarians to hand over petition against bribery DG

Apr 21, 2015 (LBO) – A group of 113 of Sri Lanka’s United Peoples Freedom Alliance parliamentarians are to hand over a petition to the Speaker in parliament today, to probe the actions of director general of the bribery and corruption commission, Dilrukshi Wickramasinghe.“We don’t want the Bribery Commission to stop their investigations but only […]

‘s supporters protest in front of Parliament

Apr 21, 2015 (LBO) – Sri Lanka’s people who support former president Mahinda Rajapkse, are presently protesting at the entrance to the parliament.The protesters are calling for the reversal of the summons of the former president to the Bribery Commission. Sri Lankan police have set up barriers at the entrance to the parliament and also […]

Sri Lanka Cricket blames International Cricket Council for delaying payments

Apr 21, 2015 (LBO) – Sri Lanka Cricket on Monday hit back at International Cricket Council for breaching a bilateral agreement with the suspension of a payment by the council.In a letter addressed to the chief executive of the International Cricket Council (ICC), the Sri Lanka Cricket (SLC) has urged ICC to release due monies […]

ADB has performed well in Sri Lanka: Report

Apr 21, 2015 (LBO) – Sri Lanka has been rated as a country where the Asian Development Bank operations performed well in South Asia, a new annual review by Independent Evaluation of the Asian Development Bank (ADB) said.“The country assessments point to a relatively good performance of ADB operations in South Asia, particularly in Bhutan, […]

Sri Lanka sells Rs4.56bn in 03 year bonds; 07 year bonds rejected

Apr 21, 2015 (LBO) – Sri Lanka has sold 4.56 billion rupees of three year bonds after calling bids for six billion rupees of bonds, the state debt office said. The debt office on Tuesday sold three year bonds maturing on 01 June 2018 at weighted average yield (net of tax) of 8.15 percent. The […]

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