IMF reaches staff level agreement on third review of Sri Lanka’s EFF
Oct 16, 2017 (LBO) – Sri Lanka’s central bank should stand ready to head off pressures on inflation and credit growth while continuing to enhance exchange …
Markets
Sri Lanka official reserves down by USD419mn in September
Oct 16, 2017 (LBO) – Sri Lanka’s official reserve assets dropped by 418. online pharmacy buy lexapro no prescription pharmacy 55 million US dollars to 7.29 …
Use Submit A Tip section of CSE to report market manipulations
Oct 12, 2017 (LBO) – Colombo Stock Exchange has included a separate section inside their official website, allowing anyone to report market manipulations via …
Sri Lanka to add dollar-denominated board to Colombo Stock Exchange: OBG report
Oct 11, 2017 (LBO) - The Colombo Stock Exchange (CSE) is finalising plans to launch a dollar trading board, part of a broader strategy to develop Sri …
Sri Lanka to modernize financial sector with USD75mn loan
Oct 04, 2017 (LBO) – Sri Lanka’s Finance Ministry on Wednesday signed an agreement to modernize and improve the efficiency of country’s financial sector …
CB says 5-pct tax to be deducted from NRFC interest payments
Sep 27, 2017 (LBO) – Sri Lanka’s Central Bank on Wednesday confirmed that under the new Inland Revenue Act, a 5 percent With Holding Tax (WHT) should be …
Palihapitiya raises USD600 mln in IPO for tech investments
Sept 15, 2017 (LBO) - Chamath Palihapitiya, founder of the venture-capital firm Social Capital, has launched a new "blank-check" company in partnership with …
Ceylon Index Fund emerges top performer during 1H 2017
Sept 06, 2017 (LBO) - The Ceylon Index Fund (CIF) which invests in blue chips listed on the Colombo Stock Exchange (CSE) was the top performing Unit Trust out …
Jaffna Investor Forum by SEC, CSE gets good response
Aug 28, 2017 (LBO) - The Securities and Exchange Commission of Sri Lanka (SEC) and the Colombo Stock Exchange (CSE) said they conducted the third Investor …
Norway’s pension fund reports best half-yearly returns
Aug 25, 2017 (LBO) - Norway's Government Pension Fund Global has returned a total 2.6 percent, or 202 billion kroner, in the second quarter of 2017, making the …
Shareholder activism on the rise, USD170 bln funds managed
Aug 21, 2017 (LBO) - Shareholder activists are on the rise worldwide, with public shareholder requests against quoted companies in 2016 doubling from the …
CB suspends Pan Asia Bank primary dealership for 6 months
Aug 15, 2017 (LBO) – Sri Lanka’s Central Bank has suspended business activities of the primary dealer of Pan Asia Banking Corporation (PABC) for a period …
CDS relocates operations to Rajagiriya to support expansion
Aug 11, 2017 (LBO) - To support expansion planned for the Colombo Stock Exchange, the Central Depository System (Pvt) Ltd (CDS), has relocated its operations …
Asian stocks fall as North Korea, U.S. tensions escalate
Aug 09, 2017 (LBO) - Asian stocks fell on Wednesday after U.S. and North Korea exchanged further threats amid escalating tensions between the two nations. U.S. …
Sri Lanka to share info on money laundering with China, Bhutan
Aug 08, 2017 (LBO) – Sri Lanka will share financial information with China and Bhutan facilitating investigation and prosecution of persons suspected of …
No Confidence Motion against Sri Lankan Foreign Minister submitted
By P.K. Balachandran Thirty two members of the Joint Opposition in the Sri Lankan parliament on Thursday submitted to the Speaker a Motion of No Confidence …
