Fiscal stimulus will boost demand in short-run but create instability in long-run: ICRA
Dec 11, 2019 (LBO) - The Government of Sri Lanka (GoSL) reduced variety of taxes substantially in an attempt to revive the economy, which could possibly cost …
Dec 11, 2019 (LBO) - The Government of Sri Lanka (GoSL) reduced variety of taxes substantially in an attempt to revive the economy, which could possibly cost …
Dec 10, 2019 (LBO) – Sri Lanka’s recently announced tax cuts will likely shave off 560 billion rupees from government income in 2020, launching its equity …
Dec 06, 2019 (LBO) – Sri Lanka’s gross official reserves were 7.5 billion US dollars (USD7,520.9mn) by the end of November, down from 7.8 billion US …
Dec 06, 2019 (LBO) – Sri Lanka's Central Bank with the Ministry of Finance is currently in the process of drafting a new law for licensing, regulation and …
Dec 03, 2019 (LBO) - Colombo’s upcoming major mixed development, Cinnamon Life announced the visit of the legendary emerging markets investment pioneer, Dr. …
Dec 02, 2019 (LBO) – Sri Lanka’s Finance Ministry says that the recent tax reforms constitute a much-needed transformation in the country’s tax system to …
Dec 02, 2019 (LBO) - The yer‐on‐year inflation as measured by CCPI is 4.4 percent in November 2019 and inflation calculated for October 2019 was 5.4 …
Nov 29, 2019 (LBO) – The Monetary Board of the Central Bank of Sri Lanka has decided to maintain its accommodative monetary policy stance. Accordingly, the …
Nov 27, 2019 (LBO) – Sri Lanka's new Cabinet of Ministers has given its approval to reduce Value Added Tax (VAT) and various other taxes, Co-Cabinet …
Nov 21, 2019 (LBO) – Sri Lanka's Central Bank says that it strongly objects to the statement released by Fitch Ratings today as it depicts the complete …
Nov 21, 2019 (LBO) – Sri Lanka's presidential election significantly increases policy uncertainty and could prompt loosening that exacerbates fiscal …
Nov 18, 2019 (LBO) - Sri Lanka's All Share Index rose 94 points or 1.56 percent to 6,117 points in the first half of the day of trading following the election …
Nov 08, 2019 (LBO) – Sri Lanka’s gross official reserves were 7.8 billion US dollars (USD7,783.6mn) by the end of October, up from 7.6 billion US dollars …
Nov 05, 2019 (LBO) - The Central Bank says that Foreign Direct Investment (FDI) including loans to projects approved by the Board of Investment (BOI), …
Nov 02, 2019 (LBO) – Sri Lanka's Central Bank should maintain a data-dependent monetary policy, completing the sixth review of the country’s extended …
Oct 29, 2019 (LBO) - Advocata, a local think tank has welcomed the recommendation to include representatives of the Attorney General’s (AG) Department at …
Oct 24, 2019 (LBO) – First Capital Research recommends investors to increase overall fixed income portfolio exposure to 50 percent from 45 percent. The firm …
Oct 22, 2019 (LBO) - Sri Lanka’s National Consumer Price Index (NCPI) increased to 5 percent from 3.4 percent recorded in August on a year-on-year basis, the …
Oct 21, 2019 (LBO) – The Financial Action Task Force (FATF), the global policy setter on Anti-Money Laundering and Countering the Financing of Terrorism …
Oct 18, 2019 (LBO) – Sri Lanka's Financial Intelligence Unit (FIU) entered into an agreement with INTERPOL National Central Bureau for Sri Lanka (NCB …