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Sri Lankan rupee hits record closing low as banks, importers buy dollar

 News
May 312018
 

COLOMBO, May 31 (Reuters) – The Sri Lankan rupee touched a record closing low on Thursday on strong dollar demand from foreign banks and …

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Sri Lankan shares close slightly higher; foreigners buy

 News
May 222018
 

COLOMBO, May 22 (Reuters) – Sri Lankan shares closed slightly stronger on Tuesday, driven by telecom stocks and as foreign investors continued to …

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Sri Lankan rupee closes weaker as banks, importers buy dollar

 News
Jan 302018
 

COLOMBO, Jan 30 (Reuters) – The Sri Lankan rupee ended weaker on Tuesday as demand for dollars from banks and importers surpassed selling of the greenback, dealers said. The spot rupee ended at 154.00/10 per dollar, compared with Monday’s close of 153.75/85. The rupee gained 0.2 percent …

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Sri Lankan cabinet decides to withdraw gazettes permitting women to buy alcohol

 News
Jan 162018
 

COLOMBO, Jan. 16 (Xinhua) — Sri Lanka’s cabinet on Tuesday unanimously decided to withdraw two gazette notifications which would enable women to buy alcohol and work in shops selling or manufacturing alcohol beverages, and extending the business hours of liquor shops across the island, …

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Sri Lanka rejects law reform that would have allowed women to buy alcohol

 News
Jan 152018
 

Sri Lanka has rejected a law reform that would have allowed women the same rights to buy alcohol as men. President Maithripala Sirisena informed a rally on Sunday that the government would be withdrawing the reform which would allow women the same priv…

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Sri Lanka’s president rejects move to allow women to buy alcohol

 News
Jan 142018
 

A move to grant women in Sri Lanka the same rights as men to buy alcohol legally has been overruled by President Maithripala Sirisena. He told a rally he had ordered the government to withdraw the reform, which would also have allowed women to work in …

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2018 Budget encourages foreigners to buy property in Sri Lanka

 News
Jan 032018
 

Lamudi a global property portal focusing exclusively on emerging markets says that recent budget proposals were very positive and it would bring in more investments to Sri Lanka. “We believe that some of the most exciting changes came in the form of co…

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TI Cycles inks deal to buy 2 Sri Lanka-based firms

 News
Dec 072017
 

TI Cycles of India, a part of the $ 4.7 billion Murugappa Group, has inked a definitive agreement to acquire controlling stake in Creative Cycles (Private) Limited and Great Cycles (Private) Limited of Sri Lanka. In a filing to the BSE on Thursday, Tub…

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Sri Lankan motorists line up to buy gasoline amid shortage

 News
Nov 042017
 

COLOMBO, Sri Lanka — Thousands of motorists in Sri Lanka are waiting in long lines near fuel stations across the country to buy gasoline for a …

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What areas to stay in Sri lanka

 News
Sep 222017
 

Answered: Hi, I’m visiting sri Lanka in February and like nature and natural wonders (yet still need to be able to buy wine and have a nice dinner …

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