World Bank classifies Sri Lanka as upper-middle income country under new revision
Jul 02, 2019 (LBO) – Sri Lanka has moved up to the upper-middle income category from lower-middle income category under the World Bank’s new country …
Jul 02, 2019 (LBO) – Sri Lanka has moved up to the upper-middle income category from lower-middle income category under the World Bank’s new country …
Jul 02, 2019 (LBO) - State-run SriLankan Airlines total loss has increased to 12,961 million rupees in the first four months of 2019, a new report said. The …
Jul 01, 2019 (LBO) - The salary increment and other allowances for public servants proposed by Finance Minister Mangala Samaraweera in his budget 2019 is …
Jun 27, 2019 (LBO) – The new Commissioner General of Inland Revenue, Nadun Guruge recently highlighted the important role Chartered Accountants can play in …
Jun 25, 2019 (LBO) – Sri Lanka returned to the US dollar bond markets, successfully pricing a new issuance of 500 million dollars 5-year and 1.5 billion …
Jun 24, 2019 (LBO) – The Central Bank of Sri Lanka together with LankaClear (LCPL) achieved a significant milestone in the country’s payment landscape by …
Jun 24, 2019 (LBO) – Moody's Investors Service has today assigned a B2 rating to Sri Lanka's proposed senior unsecured US dollar-denominated bonds. The …
Jun 24, 2019 (LBO) – Fitch Ratings has assigned Sri Lanka's forthcoming US dollar bonds an expected rating of 'B(EXP)'. The rating agency said the expected …
Jun 20, 2019 (LBO) – Moody’s Investors Service have revised down their 2019 real GDP forecast to 2.6 percent from the previous estimate of 3.4 percent …
June 20, 2019 (LBO) - Sri Lanka's economic growth rate is estimated as 3.7 percent for the first quarter of 2019, data from the state statistics office show. …
Jun 20, 2019 (LBO) - The Central Bank launched the roadmap for sustainable finance in Sri Lanka and hosted a high-level seminar for senior officers of …
Jun 19, 2019 (LBO) – Cabinet nod has been received to move a resolution in Parliament to raise up to 480 billion rupees under the provisions of the Active …
(PRESS RELEASE) - Sri Lanka’s construction sector which ranks as the 5th highest in the nations GDP earnings, after Services, Manufacturing, Agriculture and …
Jun 19, 2019 (LBO) - Advocata Institute commends President Maithripala Sirisena’s directive to shut down the loss-making, state-owned handloom enterprise …
Jun 19, 2019 (LBO) - Sri Lanka's economic growth has increased to 3.5 percent of gross domestic product in the first quarter of 2019, Finance Minister …
Jun 19, 2019 (LBO) - Vehicle registrations across the board slowed except for 2 wheelers, mini and light trucks during the period May 2019, a new report shows …
Jun 18, 2019 (LBO) – Sri Lanka’s trade deficit further narrowed to 797 million US dollars from 999 million dollars in April 2018, the Central Bank data …
Jun 13, 2019 (LBO) – Sri Lanka's First Capital Research has upgraded their exchange rate outlook for 2019E to 1 USD: LKR 180 from 194 as their 65 percent …
Jun 11, 2019 (LBO) – Sri Lanka’s economic growth adversely affected by Easter Sunday bombings is expected to slow to around 2.9 percent this year, the …
Jun 11, 2019 (LBO) - Sri Lanka's government will increased the price of 92 Octane petrol by three rupees to 138 rupees for a litre from midnight yesterday. The …