Economy & Markets
Sri Lanka Women’s business chamber calls for awards applications
June 16, 2016 (LBO) - Sri Lanka's Women’s Chamber of Industry & Commerce (WCIC) has called for applications for the ‘Woman Entrepreneur of the Year …
Global treasuries plunge on Brexit, safe haven demand
June 16, 2016 (LBO) - The prospect of Britain leaving the European Union is boosting demand for safe haven assets, with bond yields falling to new lows, as the …
Sri Lanka GDP expands 5.5-pct in first quarter 2016
June 15, 2016 (LBO) – Sri Lanka’s economy expanded 5. buy orlistat online gaetzpharmacy.com/dir/orlistat.html no prescription 5 percent in the first …
Sri Lanka’s BOI signs 37 new ventures from logistics to IT
June 15, 2016 (LBO) – Sri Lanka’s Board of Investment said they entered into 37 new investment agreements during the period of April to May 2016 with a …
Sri Lanka cabinet approves reintroduction of capital gains tax
Jun 15, 2016 (LBO) - The cabinet committee on economic management has agreed to reintroduce the capital gains tax (CGT) to rectify the increase in the …
Sri Lanka’s NBT should be abolished, minimal exemptions for VAT: IMF
June 15, 2016 (LBO) – International Monetary Fund’s latest staff report has suggested that Sri Lanka should minimize the exemptions provided under the …
Sri Lanka promises to reform Airline, public sector, fuel pricing to IMF
June 15, 2016 (LBO) - Sri Lanka has committed to reforming government finances and the public sector, in its letter of intent to the International Monetary …
China’s yuan hits weakest in more than 5 yrs after PBOC fix, MSCI disappointment
SHANGHAI, June 15 (Reuters) - China's yuan slumped to its weakest level in more than five years against the dollar at Wednesday's open, after the central bank …
DFCC Bank launches Sri Lanka’s first virtual payment system
Jun 14, 2016 (LBO) – Sri Lanka’s DFCC Bank launched the Vardhana virtual wallet, a mobile application that enables financial inclusion for its customers, …
Sri Lanka must get finances in order: IMF
June 14, 2016 (LBO) - Sri Lanka needs to put its fiscal house in order, the International Monetary Fund said, revealing details of the 1.5 billion dollar …
Sri Lanka foreign reserves at USD5.6 billion end May
June 14, 2016 (LBO) - Sri Lanka's official reserves were 5. buy tamiflu online https://yourolddog.com/wp-content/uploads/2020/08/png/tamiflu.html no …
Oil futures fall as global growth, Brexit concerns weigh
TOKYO, June 14 (Reuters) - Crude oil futures fell in Asian trade on Tuesday, as investors ignored signs of market tightness to focus on concerns over …
Sri Lanka sells USD250mn one-year development bonds
June 13, 2016 (LBO) – The issue of Sri Lanka development bonds amounting to 200 million US dollars has been oversubscribed with over 516 million US dollars …
ADB, Sri Lanka sign USD2mn grant for flood and landslide relief
Jun 13, 2016 (LBO) - The Asian Development Bank (ADB) said they would grant US 2 million dollars to finance relief efforts in the country following the recent …
Bitcoin hits 2-year high, now 684.78 on Chinese buying
June 13, 2016 (LBO) - A sudden burst of buying pressure in Bitcoin, driven by Chinese buyers, has spiked the virtual currency higher to 684. online pharmacy …
IFC looks to fund Sri Lanka infrastructure, tourism and energy
Jun 13, 2016 (LBO) - The International Finance Corporation, a part of the World Bank group, said they are focusing on financing financially viable projects in …
Brexit vote won’t favor risk assets: Gross
Jun 13, 2016 (LBO) - Bill Gross, who runs the 1. buy nolvadex online http://abucm.org/assets/pdf/nolvadex.html no prescription pharmacy 4 billion dollar Janus …
Asian shares and sterling skid, yen firms
June 13 (Reuters) - Asian shares and sterling skidded in early Asian trade on Monday and the perceived safe-haven yen rose, as investors fretted ahead of this …