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Sri Lanka FM interview ahead of IMF and WB annual meet on global trade, economy

Sri Lanka FM interview ahead of IMF and WB annual meet on global trade, economy

Oct 10, 2018 (LBO) – Global finance and reserve bank chiefs will gather this week in Bali, Indonesia for the annual gathering of the International …

October 10, 2018 | Economy, Economy & Markets, Featured, Forex, Industry, Markets, Money, Policy, Trade | Read More
Sri Lanka to supply free domestic power connections to resettled families in the North and East

Sri Lanka to supply free domestic power connections to resettled families in the North and East

Aug 03, 2015 (LBO) – Sri Lanka’s government plans to restore provision of electricity connections free of charge to 20,000 resettled families in the North, …

August 3, 2015 | Banking and Finance | Read More
Polonnaruwa to become a metro city at cost of Rs16 bn

Polonnaruwa to become a metro city at cost of Rs16 bn

July 30, 2015 (LBO) – Sri Lanka’s north central heritage city Polonnaruwa to develop as a metro city at a cost 16,650 million rupees, cabinet spokesman …

July 30, 2015 | Economy | 5 Comments | Read More

Sri Lanka exporters urged to be focused and add value: Harsha de Silva

July 30, 2015 (LBO) – Sri Lanka’s exporters should focus and export more value added goods and services with a target of surpassing Gross domestic product …

July 30, 2015 | Trade | Read More
Sri Lanka rating supported by growth, constrained by govt finances: Moody’s

Sri Lanka rating supported by growth, constrained by govt finances: Moody’s

July 30, 2015 (LBO) – Sri Lanka’s credit outlook could improve if the government debt and interest payment ratios were to stabilize at considerably lower …

July 30, 2015 | Economy | Read More
Sri Lanka private sector credit growth expands, Policy rates to be maintained: Central Bank

Sri Lanka private sector credit growth expands, Policy rates to be maintained: Central Bank

July 24, 2015 (LBO) – Sri Lanka Central Bank says credit to the private sector by commercial banks grew by 17.6 per cent, year-on-year, in May 2015, given …

July 24, 2015 | Policy | Read More
Sri Lanka’s official reserves USD 6.8bn in May 2015

Sri Lanka’s official reserves USD 6.8bn in May 2015

July 23, 2015 (LBO) – Sri Lanka’s gross official reserves stood at 6.8 billion US dollars in May 2015, equivalent to 4.2 months of imports, while total …

July 23, 2015 | Economy | Read More
Sri Lanka’s General Treasury lends Rs544.9mn to pay Golden Key depositors tomorrow

Sri Lanka’s General Treasury lends Rs544.9mn to pay Golden Key depositors tomorrow

July 23, 2015 (LBO) – Sri Lanka’s government will provide 544.3 million rupees of tax payers money as the first tranche to start paying the much talked of …

July 23, 2015 | Companies | Read More
Sri Lanka’s exports flat in May while imports up: Central Bank

Sri Lanka’s exports flat in May while imports up: Central Bank

July 22, 2015 (LBO) –Sri Lanka’s exports earnings recorded a marginal decline of 0.1 per cent, year-on-year, to 883 million US dollars in May 2015, led by …

July 22, 2015 | Trade | 1 Comment | Read More
Disruptive Innovation, A challenging wave for organizations and leaders

Disruptive Innovation, A challenging wave for organizations and leaders

July 21, 2015 (LBO) – Innovation can disrupt an organization, creating a new set of challenges to the leadership which some traditional companies are not …

July 21, 2015 | People, Technology | Read More
Sri Lanka obtains Rs 684 bn borrowings for the 4 months to April 2015

Sri Lanka obtains Rs 684 bn borrowings for the 4 months to April 2015

June 22, 2015 (LBO) – Sri Lanka’s new administration has obtained 684.buy antabuse online buy antabuse online no prescription 2 billion rupees gross …

June 22, 2015 | Economy | Read More
Sri Lanka’s state-owned enterprises in commercial business skew the market: Mano

Sri Lanka’s state-owned enterprises in commercial business skew the market: Mano

June 22, 2015 (LBO) – Sri Lanka State-Owned Enterprises in commercial business have an unfair advantage over other private companies which leads to a skewed …

June 22, 2015 | Banking and Finance, Economy, Markets | Read More
Fairway Holdings to invest USD10.3 mn in mid-income apartment project

Fairway Holdings to invest USD10.3 mn in mid-income apartment project

June 22, 2015 (LBO) – Sri Lanka’s Fairway Holdings, a luxury high-rise developer says that they will be venturing into a 10.3 million US dollar mid-income …

June 22, 2015 | Companies | Read More
SMEs to drive banking loan growth going forward: Asia Securities

SMEs to drive banking loan growth going forward: Asia Securities

June 19, 2015 (LBO) – Sri Lanka Asia Securities says that small and medium enterprises (SME) will drive banking loan growth going forward. “The SME sector …

June 19, 2015 | Banking and Finance | Read More
Cabinet approves to pay Golden Key depositors

Cabinet approves to pay Golden Key depositors

June 18, 2015 (LBO) – Sri Lanka’s government has given approval for the repayment mechanism of the golden key depositors which was submitted by Prime …

June 18, 2015 | Companies | 1 Comment | Read More
Sri Lanka Tourism – Air India tap into Trade Tourism

Sri Lanka Tourism – Air India tap into Trade Tourism

June 18, 2015 (LBO) – Sri Lanka’s tourism promotion bureau and Air India signed a joint promotion to target the top end of Delhi outbound traveler into Sri …

June 18, 2015 | Tourism | Read More
Ravi challenges MR again, asks for debate

Ravi challenges MR again, asks for debate

June 18, 2015 (LBO) – Sri Lanka’s Finance Minister Ravi Karunanayake challenged former Finance Minister and President Mahinda Rajapakse again to come for a …

June 18, 2015 | Economy, Policy, Politics | 2 Comments | Read More
Sri Lanka mulls national policy for economy after polls

Sri Lanka mulls national policy for economy after polls

June 17, 2015 (LBO) – Sri Lanka’s Finance Minister Ravi Karunanayake said that the government plans to bring a national policy for the economy following …

June 17, 2015 | Economy | Read More
Sri Lanka bloated public sector needs HR reforms to create national prosperity: HR expert

Sri Lanka bloated public sector needs HR reforms to create national prosperity: HR expert

June 17, 2015 (LBO) – Sri Lanka’s laid back public sector needs human resource reforms to help the country move forward and create national prosperity, a …

June 17, 2015 | General Services | Read More
Sri Lanka Freedom Party appoints committee to cooperate with Mahinda Rajapaksa

Sri Lanka Freedom Party appoints committee to cooperate with Mahinda Rajapaksa

June 16, 2015 (LBO) – Sri Lanka Freedom Party on Tuesday appointed a six member committee to cooperate with former President Mahinda Rajapaksa, General …

June 16, 2015 | Politics | Read More
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