Gross official reserves estimated at USD 5.7bn at end 2020
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 said …
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 said …
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 …
Jan 04, 2021 (LBO) – Capitalising on the achievement of 12-years of single-digit inflation, the Central Bank intends to establish a permanent single digit …
Dec 24, 2020 (LBO) – Licensed commercial banks and National Savings Bank are required to suspend the purchase of Sri Lanka ISBs with immediate effect for a …
Dec 24, 2020 (LBO) – The Central Bank says it is of the view that the recent increase in volatility of the exchange rate is unwarranted and unacceptable. …
Dec 08, 2020 (LBO) - Renuka Holding PLC (RHL) has announced plans to raise Rs. 1.031 billion via a Rights Issue closing on the 16th of December to carry out …
Dec 02, 2020 (LBO) - Governor of Sri Lanka's Central Bank W D Lakshman says Sri Lanka pushing up investor confidence with strong political stability, leading …
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 …
Nov 17, 2020 (LBO) - Sri Lanka plans to bring down it budget deficit to 4 percent by 2025 from the current 9 percent, Prime Minister and Finance Minister said …
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 22, 2020 (LBO) – The Monetary Board of the Central Bank of Sri Lanka, at its meeting held on 21 October 2020, has decided to maintain the Standing …
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 US dollars …
Oct 12, 2020 (LBO) - Sri Lanka and China signed an agreement on economic and technical cooperation for providing RMB 600 million (Rs. 16.5 billion) in grant …
Oct 11, 2020 (LBO) - As part of the Government’s sustained efforts at strengthening neighbourly relations, the Foreign Ministry facilitated on Friday (9/10) …
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 foreign …
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 Lanka. …
Sep 30, 2020 (LBO) - The Advocata Institute has launched its latest public policy discussion series 'DeepDive'. This series commences with several …
Sep 15, 2020 (LBO) - Economies across developing Asia will contract this year for the first time in nearly six decades but recovery will resume next …