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 Wednesday, 07 August 2013 - 13:28
A senior Fitch Ratings official said Sri Lanka's credit rating can be upgraded if fiscal and monetary policy improves leading to greater stability and... Read More
 Tuesday, 06 August 2013 - 12:31
In 2012, the Northern Province grew beyond the national growth rate and Northern apparels have entered the global export map.   The Northern Province... Read More
 Tuesday, 06 August 2013 - 12:30
  Central Bank Governor Nivard Cabraal said Sri Lanka's budget deficit will narrow and debt will slow with falling domestic interest rates and public... Read More
 Monday, 05 August 2013 - 8:37
Global banking giant HSBC is closing the accounts of foreign diplomats in Britain and giving them 60 days to move their money. More than 40 embassies... Read More
 Sunday, 04 August 2013 - 20:01
The US economy added 162 thousand new jobs in July, according to the US Labor Department.   The figure - which measures the number of jobs outside... Read More
 Sunday, 04 August 2013 - 12:28
Investment Promotion Minister Lakshman Yapa Abeywardena said the Ministry will make use of the opportunity of hosting CHOGM in Sri Lanka to bring unprecedented... Read More
 Saturday, 03 August 2013 - 12:23
The Sri Lankan rupee held near 10-month lows yesterday, as importer dollar demand prevented the currency from recovering, while further downside was... Read More
 Friday, 02 August 2013 - 17:25
Sri Lanka's international gem and jewellery trade show 'FACETS Sri Lanka', to be held in late August to boost trade with foreign exhibitors also taking... Read More
 Wednesday, 31 July 2013 - 11:50
  Foreign Direct Investment amounting to 2 billion dollars is expected by the end of the year.   Minister of Investment Promotion Lakshman... Read More
 Wednesday, 31 July 2013 - 11:46
Treasury Secretary P B Jayasundera said Sri Lanka's tax revenues are picking up helped by stronger customs collections. Sri Lanka's revenues were weak... Read More
 Tuesday, 30 July 2013 - 11:27
Treasury Secretary P B Jayasundera said Sri Lanka is hoping to cut the budget deficit to 4 percent of gross domestic product and generate a 2 percent revenue... Read More
 Tuesday, 30 July 2013 - 11:24
Japan’s Internal Affairs and Communication Minister Yoshitaka Shindo assured Economic Development Minister Basil Rajapaksa Japanese assistance for... Read More
 Sunday, 28 July 2013 - 19:07
  Suzuki Motor plans to invest a total of 100 billion yen in Indonesia as Japanese automakers increase their presence in Asia.   The small-car... Read More
 Sunday, 28 July 2013 - 8:29
Apple has lost its status as the world's most profitable maker of mobile phones, with strong demand for Samsung's Galaxy handsets pushing the South Korean... Read More
 Saturday, 27 July 2013 - 12:15
  Director of the International Monetary Fund's Asia Pacific Department and one-time country representative of Sri Lanka Anoop Singh, is to retire.   IMF... Read More
 Friday, 26 July 2013 - 19:27
The Central Bank has observed with concern that penal interest rates charged by banks, finance companies and leasing companies at present are excessively... Read More
 Friday, 26 July 2013 - 13:27
Cairn Lanka, a unit of India-based Cairn is in talks with the government over gas pricing and commercial terms following the discoveries made in two... Read More
 Wednesday, 24 July 2013 - 13:21
The Central Bank said Sri Lanka is holding its policy interest rates at 9 percent to give money to banks with credit to state starting to ease, which will... Read More
 Tuesday, 23 July 2013 - 13:37
  The Central Bank said the country’s external sector continued to remain stable with increased inflows to the Current Account as well as the... Read More
 Tuesday, 23 July 2013 - 7:56
    Sri Lanka's credit profile has stabilized but external debt and debt servicing costs are rising, Moody's Investors Services, which has... Read More
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