Appropriation Bill for 2019 presented in parliament
Feb 05, 2019 (LBO) - The Appropriation Bill for the year 2019 was presented in parliament by Minister Gayantha Karunathilaka, Tuesday. The Cabinet in early …
Economy & Markets
CINV and GUAR considering options to wind up The Sri Lanka Fund
Feb 05, 2019 (LBO) – Ceylon Guardian Investment Trust PLC (GUAR) and Ceylon Investment PLC (CINV) has decided to consider options of winding up The Sri Lanka …
Harry J’s shareholding in JKH approaching 10%, stake valued at close to Rs20bn
February 5, 2019 (LBO) - Sri Lanka's richest man, Harry Jayawardena, has increased his shareholding in Colombo Stock Exchange bellwether John Keells Holdings …
From Toronto to Toddy, a Jaffna Entrepreneur’s Journey
By Jekhan Aruliah When it comes to investment in the North there is far more talk than there is action. A rare example of action is Suganthan Shanmuganathan. …
Fitch announce re calibration of Sri Lankan National rating scale
Feb 05, 2019 (LBO) - Fitch Ratings said today it will re-calibrate the Sri Lankan National Rating scale to reflect changes in the relative creditworthiness …
Colombo Port to get pilot boats for more efficient service
Jan 31, 2019 (LBO) - The Sri Lanka Ports Authority (SLPA) will sign an agreement with Colombo Dockyard PLC to build two pilot boats for Colombo Port enabling …
Sri Lanka computer literacy at 27.5-pct: Digital literacy growing
Jan 30, 2019 (LBO) - Overall computer literacy reported in 1st half of 2018 for Sri Lanka is 27.buy cytotec online …
Sri Lanka reserves at USD7.0Bn
Jan 29, 2019 (LBO) - Sri Lanka Governments's gross official reserves stood at US dollars 7.0 billion which was equivalent to 3.7 months of imports at end …
Sri Lanka exports grow 4.1-pct USD980Mn in Nov 2018
Jan 29, 2019 (LBO) - Sri Lanka's deficit in the trade account narrowed significantly in November 2018 (year-on-year) following a decline in import …
An insight into Sri Lanka’s economic behaviour: NTB
Jan 28, 2019 (LBO) - Elaborating on the ‘Insight into Sri Lanka’s Economic Behaviour’, executive vice president – treasury and investment banking at …
Sri Lanka Govt introduces more loans for 3-wheel owners and migrant workers
Jan 28, 2019 (LBO) - The Finance Ministry under the Enterprise Sri Lanka concessionary loan scheme is to introduce further concessionary loans to widen the …
Sri Lanka vehicle registration down in Dec 2018
Jan 28, 2018 (LBO) - Sri Lanka's vehicle registrations across all categories showed a slowdown in December 2018, a new research report said. buy stromectol …
Sri Lanka’s USD200mn development bond issue undersubscribed
Jan 25, 2019 (LBO) – The issue of Sri Lanka development bonds amounting to 200 million US dollars have been undersubscribed with only 182 million dollars of …
Sri Lanka’s Finance Ministry calls for proposals for Budget 2019
Jan 24, 2019 (LBO) – Sri Lanka's Finance Ministry calls upon all stakeholders including the general public to make their proposals for the Budget 2019 before …
Sri Lanka obtains USD200Mn from WB for primary health care system
Jan 23, 2019 (LBO) - Sri Lanka is to obtain USD 200 million from the International Bank for Reconstruction and Development (IBRD) of the World Bank to …
Sri Lanka inflation decreased to 0.4-pct in December 2018
Jan 21, 2019 (LBO) – Headline inflation measured by the National Consumer Price Index has decreased to 0. online pharmacy buy diflucan with best prices today …
Fitch-rated frontier markets saw 13 positive, 6 negative rating actions in 2018
Jan 21, 2019 (LBO) – Fitch-rated frontier markets saw more positive than negative sovereign rating actions in 2018 with 13 positive rating actions compared …
Foreign institutions dump over $ 100mn of Sri Lanka bonds to start 2019
January 18, 2019 (LBO) - Foreign institutional investors have continued to sell Sri Lanka's bonds and stocks, even after Sri Lanka's constitutional crisis has …
Govt calls for exploration bids in block M2, Mannar Basin
Jan 18, 2019 (LBO) - Sri Lanka's government has called for international competitive bids for exploration and development activities in Block M2, Mannar …
Sri Lanka manufacturing activities decrease in Dec 2018
Jan 19, 2019 (LBO) - Manufacturing activities increased at a slower rate in December compared to November mainly driven by the slowdown in employment and …