Colombo International Financial Centre requires right talent: experts
Nov 27, 2015 (LBO) - Sri Lanka's plans to set up an international financial district bodes well for financial sector development and should be set up with the …
Featured
Major thrust of budget is formalizing economy: Ravi K
Nov 24, 2015 (LBO) - A major thrust of Sri Lanka's budget for 2016 is formalizing the economy to bring in sectors that do not use formal banking channels, the …
Analysis: Asian, Sri Lankan equities attractive on GARY valuation, says CLSA
Nov 14, 2015 (LBO) - Some equities offer dividend returns as well as earnings growth. Called Gary stocks, these are an attractive value proposition in an Asian …
Interview: State enterprise strategic plan in progress, management skill the biggest issue, says Eran
Nov 11, 2015 (LBO) – Sri Lanka is in the process of making plans to restructure the state owned enterprises and boosting management skill levels, Deputy …
Sri Lanka should review TPP agreement and its impact: Harsha De Silva
Nov 11, 2015 (LBO) – Sri Lanka should review and consider the Trans–Pacific Partnership (TPP) agreement as an enabler to enter into global competitive …
Infrastructure: Negotiating position crucial in structuring deals, say experts
Nov 09, 2015 (LBO) - Sri Lanka's government must pay attention to increasing its negotiating strength when seeking commercial borrowing and entering into …
Public investment in bus, railway a priority before monorail, says transport experts
Nov 05, 2015 (LBO) - From an economic standpoint, Sri Lanka should first develop its bus and railway transportation before spending public money on more …
Sri Lanka needs a common framework for pensions: economists
Oct 09, 2015 (LBO) – All elderly in Sri Lanka should have access to at least one reliable, affordable and adequate pension, economists said. “An adequate …
Sri Lanka to revive Sathosa with help from Singapore
Oct 09, 2015 (LBO) – Sri Lanka’s state owned retail chain Lanka Sathosa aims to get support to revive from Singapore as the retail chain is making …
Sri Lanka vehicle prices to increase with new customs valuation basis
Oct 08, 2015 (LBO) – Sri Lanka's finance minister has signed an extraordinary gazette to change the basis on which customs calculates the value of certain …
Japan to provide 45 bn Yen loan under comprehensive partnership-Updated
Oct 06, 2015 (LBO) - Japan will provide a 45.4 billion Yen (380 million dollar) loan under a 'Comprehensive Partnership' arrangement that will include …
Analysis: Sri Lanka foreign reserve dilemma hinges on Central Bank objectives
Oct 05, 2015 (LBO) - Acting quicker than it did in early 2012, the decision by Sri Lanka's Central Bank to give up defending the rupee in September of this …
Opinion: Consuming GMOs is least of our problems
Oct 04, 2015 (LBO) - For a sector so essential to Sri Lanka, it seems the public understanding of agriculture is rather poor. This may be why we have lagged …
Sri Lanka’s govt plans to intervene in tea prices with purchases of Rs300mn
Oct 01, 2015 (LBO) – Sri Lanka’s plantation ministry said that it plans to buy tea worth 300 million rupees from the auction to artificially raise the …
“Megapolis” Sri Lanka’s road to better sustainable development: Minister
Oct 01, 2015 (LBO) - Mega cities are important to transform Sri Lanka into a smart country and Colombo will remain as the epicenter for economic activities, …
Sri Lanka not actively pursuing IMF option: CB Governor
Sept 30, 2015 (LBO) -Sri Lanka is not actively pursuing funding from the International Monetary Fund, the Central Bank Governor Arjuna Mahendran told Lanka …
Sri Lanka’s biggest challenge of good governance is re-establishing and strengthening democracy says PM
Sep 30, 2015 (LBO) – Sri Lanka’s biggest challenge of good governance is re-establishing and strengthening democratic society in which government plans to …
Sri Lanka wants holding company structure for public enterprises: Governor
Sept 29, 2015 (LBO) - Sri Lanka's government is looking at setting up a holding company which will own equity stakes in public enterprises, the central bank …
Sri Lanka to strengthen economy despite global scenario: Ravi K
Sep 29, 2015 (LBO) – Sri Lanka’s finance minister Ravi Karunanayake said that the government would continue to strengthen the economy despite the current …
Free flow of information vital for financial markets: CB Governor
Sept 28, 2015 (LBO) - A free flow of information is vital for financial markets to grow, Sri Lanka's Central Bank Governor Arjuna Mahendran told media on …