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 …
Policy
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 …
SriLankan Airlines posts Rs6.5bn loss for 2016/17
May 04, 2017 (LBO) – SriLankan Airlines has recorded an unaudited group loss of 6. buy cenforce online …
Sri Lanka to unveil massive incentives for large investments
May 04, 2017 (LBO) – Sri Lanka’s proposed Inland Revenue Act plans to include investment incentives which provide massive depreciation allowances for …
IMF reaches staff-level agreement, eyes on Inland Revenue Act
May 04, 2017 (LBO) - An IMF team has reached staff-level agreement with Sri Lankan authorities on the second review under a three-year Extended Fund Facility …
Uptick in growth seen, IMF and World Bank spring meetings commence
Apr 21, 2017 (LBO) - The International Monetary Fund's head Christine Lagarde said they expect an uptick in global growth this year, as spring meetings …
Four new papers on Sri Lanka’s constitutional reform published: CPA
Apr 21, 2017 (LBO) - Sri Lankan policy think tank Centre for Policy Alternatives (CPA) said four working papers on constitutional reform have been published …
Sri Lanka’s rising fertility rate has serious implications, say experts
Apr 19, 2017 (LBO) - Sri Lanka's rising fertility rate has serious implications for the island that are not being adequately discussed, experts say. Sri Lanka …
Sri Lanka govt’s constitutional reform communication unsuccessful: CPA poll
Apr 03, 2017 (LBO) - Sri Lanka's Centre for Policy Alternatives’ latest opinion poll on constitutional reforms shows that 55 percent of those polled believe …
Ceylon Chamber welcomes govt decision to postpone SVAT abolition
Mar 31, 2017 (LBO) – Sri Lanka’s Ceylon Chamber of Commerce has welcomed the decision by the Finance Ministry to postpone the abolition of the SVAT system …
Economic policies of government falling far short, says JO’s Balasuriya
Mar 29, 2017 (LBO) - Economic policies of the present Sri Lankan government are falling far short of expectations, driven by lack of confidence in the finance …
R3 invites Sri Lanka’s Central Bank to join blockchain initiative
Mar 28, 2017 (LBO) – Financial innovation firm R3 has invited Sri Lanka’s Central Bank to join their collaborative initiative to design a distributed …
COPE should inquire transactions of Templeton fund in Sri Lanka: Harsha
Mar 09, 2017 (LBO) – Sri Lanka’s Committee On Public Enterprises (COPE) should investigate the transactions carried out between the US-based Franklin …
Sri Lanka’s public sector expanded 39-pct during past decade
Feb 21, 2017 (LBO) – Sri Lanka’s public sector, excluding the semi government sector and three forces, expanded 39 percent in the last ten years, a census …
Sri Lanka to review public sector cadre, redeploy excess
Feb 17, 2017 (LBO) – Sri Lanka will conduct a cadre review to determine the total cadre requirement of the public sector and provincial councils. The review …
Sri Lanka’s external situation manageable, but more FDI needed: Governor
Feb 08, 2017 (LBO) - Sri Lanka's external debt situation is manageable. However, the current challenge is to increase inflows from exports and FDI, Central …
CB joins Dept for Registration of Persons against money laundering
Jan 13, 2016 (LBO) - The Financial Intelligence Unit, located at the Central Bank of Sri Lanka, has entered into a memorandum of understanding with the …
Central Bank invites proposals for USD1bn 3-year foreign financing facility
Dec 28, 2016 (LBO) – Sri Lanka’s Central Bank today said the government intends to raise a Foreign Currency Term Financing Facility (FTFF) denominated in …
Sri Lanka signs World Bank’s USD75mn Social Safety Nets Project
Dec 29, 2016 (LBO) - Sri Lanka has signed a 75 million dollar World Bank credit to support the country’s welfare programs. The project includes an integrated …