Sri Lanka’s CPC lose Rs94bn in 2011
Apr 17, 2012 (LBO) - Sri Lanka's state-run Ceylon Petroleum Corporation lost 94 billion rupees in 2011 up from 27 billion rupees a year earlier, largely due to …
Sri Lanka expected global shock to slow credit: CB Governor
Apr 16, 2012 (LBO) - Sri Lanka expected a global slowdown to moderate credit in the second half of 2012 and did not tighten monetary policy but spent foreign …
Sri Lanka policy uncertainty deterring investment: ADB
April 16, 2012 (LBO) - Private investment in post-war Sri Lanka has not risen as anticipated because it still lacks a "predictable policy environment" which …
Sri Lanka IMF disbursement credit positive: Moody’s
Apr 16, 2012 (LBO) - The resumption of a loan program with the International Monetary Fund is positive for Sri Lanka's 'B1' credit rating, as it will help …
World has to restore sound public finances sooner or later: IMF’s Lagarde
Apr 13, 2012 (LBO) - The world has to restore sound public finances, while some are forced to cut deficits fast others have to do it slowly, Christine Lagarde …
Sri Lanka CEOonline resource centre launched
Apr 11, 2012 (LBO) - An online resource centre with the participation of prominent business leaders, chief executives, academics and economists has been …
Sri Lanka state enterprises urged to adopt market pricing
April 11, 2012 (LBO) - Sri Lanka's central bank has called on loss-making state enterprises to ensure financial viability by better management and market …
Sri Lanka aims at forex reserves of 4.5 months of imports: CB Governor
Apr 10, 2012 (LBO) - Sri Lanka would aim to maintain foreign reserves equal to 4. online pharmacy buy doxycycline with best prices today in the USA buy …
Sri Lanka unemployed down to 4.2-pct: data
Apr 10, 2012 (LBO) - Sri Lanka's unemployment fell to 4.2 percent in 2011 from 4.9 percent a year earlier with more people being employed in agriculture and …
Sri Lanka revenue crunch continues in 2012
Apr 09, 2012 (LBO) - High state spending is continuing to put pressure on the economy with billions of rupees being printed in April to meet expenses on top of …
Sri Lanka to spend Rs89bn on war zones, rapid normalcy: President
Apr 09, 2012 (LBO) - Sri Lanka is planning to spend 89 billion rupees to re-build former war zones in the north and the east in 2012 to bring the areas to …
Sri Lanka had 38-months of low inflation: CB Governor
Apr 07, 2012 (LBO) - Sri Lanka has had single digit inflation for the past 38-months and no crisis in the banking system, despite a short-term weakening of the …
Sri Lanka grows 8.3-pct in 2011
Apr 05, 2012 (LBO) - Sri Lanka's economy grew 8. online pharmacy buy ciprodex with best prices today in the USA online pharmacy buy spiriva inhaler with best …
Sri Lanka hikes policy rate by 75bp to curb credit
Apr 05, 2012 (LBO) - Sri Lanka raised its key policy rate by 75 basis points to 9. online pharmacy buy diflucan with best prices today in the USA buy xifaxan …
Sri Lanka hid vital information, ran into brick wall: legislator
Apr 04, 2012 (LBO) - Sri Lanka has suppressed information, ignored warnings from independent analysts, manipulated data and markets until the economy ran into …
Sri Lanka trade controls take IMF by surprise
Apr 04, 2012 (LBO) - Sri Lanka's sudden hike in car taxes has taken the International Monetary Fund by surprise, and the lender would like to see tighter …
Sri Lanka IMF bailout loan resumed; US$426mn loaned for reserves
Apr 03, 2012 (LBO) - The International Monetary Fund said it will give 426 million US dollars to Sri Lanka, resuming its suspended bailout loan, after …
Sri Lanka may end forex interventions by May: CB Governor
Apr 03, 2012 (LBO) - Sri Lanka expects to end all interventions in forex markets by end May with forex sales for oil payments already less than planned, …
Sri Lanka raises automobile import taxes
Mar 31, 2012 (LBO)- Sri Lanka has slapped new taxes of as much as 100 percent of import value on some imported cars, but raised taxes on hybrid cars at a lower …
Sri Lanka raises tobacco, alcohol taxes
Mar 31, 2012 (LBO) - Sri Lanka's finance ministry said it had raised taxes on tobacco, alcohol and beer, including higher import duties on imported beer, which …