Sri Lanka’s economy contracts by 16.3-pct in 2Q 2020; grows 1.5-pct in 3Q
Dec 16, 2020 (LBO) – Sri Lanka has recorded a 1.5 percent of economic growth rate for the third quarter of 2020 and a negative 16.3 percent of economic …
Dec 16, 2020 (LBO) – Sri Lanka has recorded a 1.5 percent of economic growth rate for the third quarter of 2020 and a negative 16.3 percent of economic …
Dec 14, 2020 (LBO) – Suresh de Mel, a well-known entrepreneur, assumed duties as the new Chairman of the Sri Lanka Export Development Board (EDB). He …
Dec 11, 2020 (LBO) – Sri Lanka's Finance Ministry says that it is premature for S&P to announce a rating downgrade when the well-articulated policy …
Dec 11, 2020 (LBO) – President Gotabaya Rajapaksa says that his objective is to bring about a balanced growth in all sectors of the economy and suggested to …
Dec 10, 2020 (LBO) – The United States launched a new LKR 3.6 billion (USD 19.5million) initiative to help small businesses and economically empower Sri …
Top economists and business leaders discussed the outlook for the global and local economy during the first session of the Sri Lanka Economic Summit 2020 …
Dec 07, 2020 (LBO) - Around 70 percent of Sri Lanka's workforce are informally employed and there are generally three reasons to be concerned about high …
Dec 02, 2020 (LBO) - Chairman of the Ceylon Chamber of Commerce has called on the private sector to be an equal partner in securing an accelerated economic …
Dec 01, 2020 (LBO) – The government has decided to extend the validity period of opening Special Deposit Accounts (SDAs) up to 07 April 2021 on the …
Dec 01, 2020 (LBO) – Sri Lanka's government is bringing in new laws to fully protect investments in order to attract more Foreign Direct Investment and …
Dec 01, 2020 (LBO) – Sri Lanka's government has decided not to take loans for projects, Cabinet Spokesman Keheliya Rambukwella said. Speaking at the weekly …
Dec 01, 2020 (LBO) – Sri Lanka's cabinet of ministers has decided to extend the validity period of the order issued under the Foreign Exchange Act regarding …
Addressing a special BIMSTEC public event held on 20- 21 November 2020 in Bangkok, Sri Lanka’s Ambassador to Thailand Samantha K. Jayasuriya said that Sri …
Nov 27, 2020 (LBO) – Fitch Ratings has downgraded Sri Lanka's Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'CCC'. Fitch typically does not …
The Asian Development Bank (ADB) and the Government of Sri Lanka today signed a $165 million loan agreement to provide immediate financing support for small …
Nov 26, 2020 (LBO) – Complementing the concessional loans schemes proposed by the Government in the Budget 2021, the Monetary Board of the Central Bank has …
2020 has been a profoundly challenging year for Sri Lanka and the world at large with the COVID-19 pandemic causing an unprecedented crisis, so much so that …
The new Chairman of Ceylon Asset Management (CAM), Mr. Malaka Bandara highlighted “this is a rare opportunity to invest in SL Sovereign Bonds at discounted …
Nov 20, 2020 (LBO) – The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) organised the Annual Budget Seminar on Thursday which brought …
Nov 20, 2020 (LBO) – Sri Lanka's Foreign Minister Dinesh Gunawardena emphasizes that the current import restrictions are reviewed as the country moves along. …