Australian purchases in the stock market hits an all-time high
(PRESS RELEASE) - Foreign inflows to the stock market originating from Australia indicate a figure of Rs. 626.4 million year-to-date, which is an all-time …
Markets
Sri Lankan companies eye Africa as next investment destination: Stax
Aug 01, 2017 (LBO) - STAX Inc, a strategy consultancy, says as African economies continue to grow, more opportunities will open up for Sri Lankan firms in …
Sri Lanka’s average inflation remains at 18-month high in June
July 24, 2017 (LBO) – Sri Lanka’s annual average inflation remained at a more than 18-month high of 6.1 percent in June, unchanged from a month ago. buy …
Sri Lanka stock market records 8-pct gain in 1H
July 18, 2017 (LBO) – The benchmark All Share Price Index of the Colombo Stock Exchange (CSE) recorded an 8.23 percent gain year-to-date, a noteworthy …
IMF completes second review, to disburse USD167.2 mln
July 18, 2017 (LBO) - The Executive Board of the International Monetary Fund (IMF) has completed the second review of Sri Lanka’s economic performance under …
Bangladesh’s first ever FTA will be with Sri Lanka later this year
By P.K. Balachandran Bangladesh’s first-ever FTA will be with Sri Lanka and that is expected to signed by year end, Bangladesh’s Foreign Secretary Mohmmad …
CSE records second highest yearly foreign inflow
July 12, 2017 (LBO) – Sri Lanka’s Colombo Stock Exchange has recorded the second highest-ever yearly net foreign inflow of 22.8 billion rupees, the …
Independence of Sri Lanka SEC should be extended: IOSCO review
July 06, 2017 (LBO) – The International Organization of Securities Commissions (IOSCO) says it has identified progress made by Sri Lanka’s securities …
Revised rules on minimum public holding takes effect from July: SEC
The Securities and Exchange Commission of Sri Lanka (SEC) has instructed the Colombo Stock Exchange (CSE) to commence enforcement in respect of its …
New share transaction fees to be effective from next week
June 23, 2017 (LBO) – Sri Lanka’s securities regulator has directed all licensed stock brokers and dealers to comply with the new fee structure which will …
Sri Lanka’s Central Bank eyes full inflation targeting: Governor
June 20, 2017 (LBO) – Sri Lanka is planning to adopt a full inflation targeting framework probably by next year, Central Bank Governor Indrajit Coomaraswamy …
US rate hike expected to hit borrowers, eyes on equities
June 14, 2017 (LBO) - The U.S. is expected to hike rates by 25 basis points Wednesday which will have ramifications for millions of borrowers who will find it …
Sri Lanka has been living beyond its means: Governor
June 09, 2017 (LBO) - Sri Lanka has been living beyond its means, with recurrent expenditure higher than revenue, Governor of Central Bank Indrajit …
CSE to include non‐voting shares in index market cap calculation
Press Release: The Colombo Stock Exchange (CSE) announces the inclusion of non‐voting shares which are listed and traded on the exchange in its Index Market …
Interview: E-commerce shakes up Sri Lanka’s retail sector, says Takas CEO
May 24, 2017 (LBO) - Sri Lanka's online retail sector is booming, which poses a threat to traditional retail stores. Online stores too are battling it out for …
Central Bank clarifies reports on EPF, assistant governor transfers
May 15, 2017 (LBO) - Sri Lanka's Central Bank, in a statement, has clarified media reports which state that an assistant governor and officers of the Employees …
Moody’s assigns B1 rating to Sri Lanka’s global bond offering
May 08, 2017 (LBO) – Moody's Investors Service has assigned a B1 rating to Sri Lanka's US dollar bond offering maturing in 2027 with a negative outlook on …