Jan 26, 2021 (LBO) – Local investors should exploit attractive valuations of the CSE before a Sri Lanka country rating revision and foreign investor …
Sri Lanka’s Central Bank requests licensed commercial banks to refrain from entering into forward contracts of foreign exchange for a period of three …
Fitch downgraded Sri Lanka’s rating to ‘CCC’ from ‘B-’ in November 2020, reflecting the sovereign’s increasingly challenging public and external …
Sri Lanka’s gross official reserves were estimated at US dollars 5.7 billion at the end of 2020, with an import cover of 4.3 months, the Central Bank …
Following a year of volatility, leading stockbroking firm Asia Securities (Pvt) Ltd, notes that the road ahead for Sri Lanka’s capital markets is optimistic, …
Jan 05, 2021 (LBO) – The Central Bank says that the restrictions imposed on outward remittances on capital transactions have been extended by a further six …
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 cabinet of ministers has decided to extend the validity period of the order issued under the Foreign Exchange Act …
Asia Securities Wealth Management (Pvt) Ltd., the investment management arm of Asia Securities, launched the Asia Securities Money Market Fund today. Regulated …
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 …
Highlights 3Q 2020 was shaping up to be the turning point from the depths of economic contraction, but the fast escalation of second wave of Corona infections …
Oct 12, 2020 (LBO) – Sri Lanka’s trade deficit improved on a year-on-year basis with the deficit in the trade account in August 2020 narrowing to …
Oct 11, 2020 (LBO) – As part of the Government’s sustained efforts at strengthening neighbourly relations, the Foreign Ministry facilitated on Friday …
Oct 07, 2020 (LBO) – The approval of the Cabinet of Ministers was granted at their meeting held in April 2020 for the issuance of orders under the …
Oct 02, 2020 (LBO ) – A panel of eminent economists urged that the Government take credible and decisive action to prevent a painful debt crisis in Sri …
Aug 19, 2020 (LBO) – First Capital Research (FCR) says that the Central Bank either can choose to hold policy rates steady or cut by 25 bps or 50 bps while a …
Aug 18, 2020 (LBO) – CEAT Kelani Holdings has announced that in response to the Government’s policies to develop domestic industry, it has stepped …
Aug 07, 2020 (LBO) – Sri Lanka’s gross official reserves have improved to 7,102.0 million US dollars by the end of July from 6,693.2 million dollars in …
Jul 16, 2020 (LBO) – Sri Lanka’s Minister of Finance with the recommendation of the Monetary Board and the approval of the Cabinet have issued an order …
Jul 09, 2020 (LBO) – The Federal Reserve in the United States has opened a temporary repurchase agreement facility for foreign central banks including Sri …