US Ambassador Wells conveys desire to build stronger relationship with Sri Lanka
Foreign Relations Minister Dinesh Gunawardena conveyed Sri Lanka’s appreciation for the development partnership the United States has extended to …
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Cabinet nod to increase estate worker daily wage to 1,000 rupees
Jan 15, 2020 (LBO) – Sri Lanka's Cabinet of Ministers have decided that the minimum daily wage of estate workers to be 1,000 rupees with effect …
Sri Lanka to draft new law regulating national intelligence services
Jan 15, 2020 (LBO) – Sri Lanka will draft a new law to regulate and empower all intelligence services in the country with the aim of preventing the …
Russian Foreign Minister meets with Sri Lanka President
Foreign Minister of Russia Sergey Lavrov met with President Gotabaya Rajapaksa at the Presidential Secretariat today (14). The Minister who started …
Crystal Property Group raises Rs180mn equity investment from Singapore firm
Crystal Property Group Pvt Ltd (CPG), developers of Sri-Lanka’s first boutique condo hotel Crystal Sands – Villas in the Sky …
Central Bank issues circular to banks about new credit support scheme for SMEs
Jan 14, 2020 (LBO) – Sri Lanka’s Central Bank says that based on the discussions they had with banks, it is observed that the proposed credit …
We won’t allow outsiders to interfere with Sri Lanka’s internal matters: Chinese FM
Jan 14, 2020 (LBO) – China stands for Sri Lanka's sovereignty, territorial integrity and independence and will not allow any outside influences to …
Galle Port to be developed as a tourist port with new Yacht Marina Zone
Jan 14, 2020 (LBO) – Sri Lanka will commence the breakwater development of the Port of Galle and to dock all passenger vessels to Galle at the …
World Bank forecasts Sri Lanka’s growth at 3.3-pct in 2020
Jan 14, 2020 (LBO) - The World Bank has forecast Sri Lanka’s economic growth for 2020 at 3.3 percent, the bank said in a statement. online pharmacy …
President requests Japan to invest in high tech assembly plants in Sri Lanka
Jan 13, 2020 (LBO) – Measures will be taken to further strengthen long-standing bilateral relations between Japan and Sri Lanka, Japanese State …
US Principal Deputy Assistant Secretary Alice Wells travels to Sri Lanka
Jan 10, 2020 (LBO) – Principal Deputy Assistant Secretary of State for South and Central Asian Affairs Alice Wells will travel to Sri Lanka, India, …
Sri Lanka official reserves improve to USD7.6bn by end December
Jan 09, 2020 (LBO) – Sri Lanka’s gross official reserves were 7,638.5 million US dollars by the end of December last year, up from 7,520.4 …
Citigroup Global Markets Ltd buys 10.8-pct of Sri Lanka’s John Keells Holdings
Jan 09, 2020 (LBO) – Institutional brokerage services provider Citigroup Global Markets Ltd has purchased the entire stake from Broga Hill …
Broga Hill Investments sells its stake in John Keells Holdings
Jan 09, 2020 (LBO) – Special-purpose investment vehicle of Malaysia’s sovereign wealth fund Khazanah Nasional Berhad, Broga Hill Investments …
Foreign Ministers of China & Russia to visit Sri Lanka
Jan 09, 2020 (LBO) – Foreign Ministers of China & Russia will meet their Sri Lankan counterpart during a transit visit to the country next …
Opinion: Real estate trends 2020, What you need to know to make it big
Lanka Property Web As you are packing up those store-bought Christmas decorations that have been adorning your home throughout the holidays and …
ICRA Lanka reaffirms long-term & short-term ratings of First Capital Holdings
Jan 09, 2020 (LBO) – ICRA Lanka Limited, subsidiary of ICRA Limited, a group company of Moody’s Investors Service, has reaffirmed the issuer …
Singapore Law & Home Affairs Minister called on President
Singapore Law and Home Affairs Minister Kasiviswanathan Shanmugam who was on a three-day official visit to Sri Lanka called on President Gotabaya …
SriLankan Airlines changes Colombo-London route to avoid airspace of Iran, Iraq
Jan 08, 2020 (LBO) – Due to the prevailing unsettled situation in the Persian Gulf region, SriLankan Airlines has altered the route of its …
Sri Lanka unemployment up to 5.1-pct in Q3 2019
Jan 08, 2020 (LBO) - T h e n u m b e r o f unemployed persons is estimated as 437,797 or 5.1 percent during the third quarter 2019, latest data show. …
LankaPropertyWeb sets up new Property Centre
Jan 08, 2020 (LBO) - Following over a decade of successful operation of helping people find, sell and rent property in Sri Lanka, …
Cinnamon FOT keynote speaker features Sri Lanka on CNN Business Traveller
Jan 08, 2020 (LBO) - CNN's foremost international business correspondent and presenter Richard Quest will feature Sri Lanka in the newest edition of …
Opinion: Tobacco smoking in Sri Lanka, going the last mile
Chathurga Karunanayake and Chamini Thilanka Despite multiple measures by successive governments to bring down tobacco prevalence in Sri Lanka, still …
Sri Lanka achieves 1.9Mn revised tourists arrival target for 2019: SLTDA
Jan 07, 2020 (LBO) - Despite 2019 being a tough year for the tourism industry, Sri Lanka has achieved the revised tourists’ arrival target for 2019 …