Tag: Sri Lanka
Sri Lanka inflation declines in November 2014: Amid rise in food prices
Nov 29, 2014 (LBO) – Sri Lanka’s inflation, continued its decelerating trend observed since June 2013 and reached 1.5 percent in November 2014 compared to 1.6 percent in October on an annual average basis which is lowest since November 2009, the Central bank of Sri Lanka said in a media release. The data is based […]
Sri Lanka to handover gold that recovered from LTTE banks to rightful owners
Nov 27, 2014 (LBO) – The gold that recovered from illegally operated banks by LTTE will be handed over to their rightful owners by the government of Sri Lanka as a gesture of goodwill, a media report said. The government has identified about 2379 owners after going through stringent identification and verification process the report […]
ADB loans $150mn to develop green power and energy efficiency in Sri Lanka
Nov 24, 2014 (LBO) – The Asian Development Bank loans 150 million dollars as a the first tranche for the project of implementation of Green Power Development and Energy Efficiency Improvement Investment in Sri Lanka, a media release said. The total investment cost of program is estimated about 440 million US dollars and ADB has […]
We want to make a collective political decisions to make a change: Maithripala Sirisena
Sri Lanka’s Presidential candidate former minister Maithripala Sirisena said that, all the parties should get together to make collective decisions in order to change the current governing system of Sri Lanka. He was speaking at the television programme named œSatana aired by Sirasa network yesterday. œWe want to make collective political decisions joining with all […]
New Secretary General has been appointed for SLFP
Nov 22, 2014 (LBO) – Sri Lanka freedom party (SLFP) appointed Minister Anura Priyadarshana Yapa, as the new Secretary General of the party by party’s Chairman President Mahinda Rajapaksa, a media report said. He was suspended from the SLFP by President Rajapaksa yesterday, a media report said. Anura Priyadarshana Yapa was the Vice Chairman of […]
’s Unrealized Profits passes Rs14Bn mark
Nov 18, 2014 (LBO) – Sri Lanka’s Employee’s Provident Fund’s unrealized profits of the share portfolio of investments in equity passed 14 billion rupees on Novemebr this year, Central Bank said in a media release. The bank says the mark to market value of EPF’s investments in equities as at 14 November 2014 comfortably exceeded […]
Sri Lanka Central Bank issues a new series of 10 rupee coins
Nov 18, 2014 (LBO) – Sri Lanka’s Central Bank yesterday issued a new series of 25 coins of 10 rupee denomination in order to recognize and portray unique characteristics and/or iconic landmarks and/or special features of each administrative district of Sri Lanka. The new coins would be released via the banks and the Central Bank […]
Sri Lanka policy rates unchanged in November 2014::Inflation declined: Central Bank
Nov 18, 2014 (LBO) Sri Lanka unchanged its policy rate corridor at 6.5 to 8.0 percent in order to remain broadly on target in 2014 with low inflation the Central Bank in its November monetary policy review.The island inflation continued to remain in low single digit levels, declined to 1.6 percent in October from 3.5 […]
Sri Lanka Central Bank issues a series of ten rupee coins
Nov 17, 2014 (LBO) – Sri Lanka’s Central Bank today issued a new series of 25 coins of 10 rupee denomination in order to portray each administrative district of the island nation. The new coins would be released via the banks and the Central Bank Provincial Offices for circulation.
Sri Lanka need not worry about ornamental fish Red List: Ministry
Nov 11, 2014 (LBO) – Sri Lanka who fishes for a bigger bite of the world ornamental fish market, with targets set for one billion bills by 2020, do not need to worry about the Red List, the Ministry of Industry and Commerce said. The Red List is an international classification of the world’s threatened […]
‘s Stat Dept
Nov 11, 2014 (LBO) – Sri Lanka will see a new inflation basket stating from next year eliminating the Colombo Consumers Price Index (CCPI), a top official at the country’s statistics office told LBO in an interview. We are going to change the inflation basket next year and introduce a national index covering all the […]
Sri Lanka launches floating restaurant at Wetland Park
Nov 11, 2014 (LBO) – Sri Lanka launched a new floating restaurant at the Wetland Park in Nawala, Colombo yesterday, a media report said.The Urban Wetland Park popularly known as ‘Weli Park’ completed under the Colombo Development Programme was aimed at flood retention and control while providing a people friendly setting for the general public […]