Tax reduction allows Sri Lankan traders to import wheat flour instead of wheat grain
Dec 16, 2019 (LBO) – Sri Lanka's government has removed the consolidated Tax of 36 rupees per kilogram of imported wheat flour and replaced it with …
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Google Trends 2019: Easter bombings trigger Americans to search where is Sri Lanka
Dec 16, 2019 (LBO) – Sri Lanka topped the ‘Year in Search 2019’ list of the Google search in the ‘Where is’ category beating the Superbowl …
Mobitel to play critical role as connectivity partner for Hatton National Bank
(PRESS RELEASE) - HNB as the communication and solutions partner. MEB offers industry-best ICT services and provide tailor made business solutions …
Sri Lanka’s Lanka Tile in JV with Chinese firm to export porcelain mosaic tiles
Dec 16, 2019 (LBO) - Lanka Tiles Plc has entered into a tripartite agreement with Foshan Shiwan Yulong Ceramic Ltd. of China and Benjamin Malloy of …
Sri Lanka to be represented in World Business Angels Investment Forum
Dec 16, 2019 (LBO) – Talal Rafi, a Sri Lankan entrepreneur and consultant will be Sri Lanka’s representative to the World Business Angels …
National policy framework of Government released via Treasury web site
Dec 16, 2019 (LBO) - The Government's new National policy framework Vistas of Prosperity and Splendour has been released to the internet via …
Japanese Foreign Minister reaffirms support to broaden cooperation with Sri Lanka
Dec 14, 2019 (LBO) – Japanese Foreign Minister Toshimitsu Motegi called on Foreign Minister Dinesh Gunawardena yesterday at the Foreign Ministry in …
Tourism veteran Upali Ratnayake steps down as DG of SLTDA
Dec 12, 2019 Tourism industry veteran Upali Ratnayake has stepped down as the Director-General of the Sri Lanka Tourism Development Authority …
Sri Lanka to review process adopted to revise original scope of Colombo Financial City
Dec 12, 2019 (LBO) – Sri Lanka’s cabinet nod has been received to appoint an expert committee to look into the process adopted by the previous …
Treasury approves bonus payments for employees of statutory bodies
Dec 12, 2019 (LBO) – Sri Lanka's Treasury has approved the payment of bonuses for 2019 for the employees of state-owned statutory bodies and fully …
New pathway – Dual Membership for CA Sri Lanka students
Dec 12, 2019 (LBO) – A landmark agreement is scheduled to be signed to provide a new pathway to students of CA Sri Lanka on 16 December together …
BASL condemns recent references made to role of Judges & prosecutors
Dec 12, 2019 (LBO) – The Bar Association of Sri Lanka condemns recent statements made with reference to concluded cases, pending litigation, role …
Sri Lanka to benefit from US “Clean Cities, Blue Oceans” global initiative
Dec 12, 2019 (LBO) – The United States Agency for International Development (USAID), On December 5, launched its “Clean Cities, Blue Ocean” …
The new oil of the 21st century: Sri Lanka’s need for data scientists
Malitha Goonaratne In 2012, the Harvard Business Review named being a ‘data scientist’ the “The Sexiest Job of the 21st Century”. If that is …
What Wikipedia can’t tell you about Sri Lanka
By Lanka Property Web What is Sri Lanka? Ceylon, Serendib, Taprobane, Pearl of the Indian Ocean and The Teardrop of India. It is a member of the …
New Japan Foreign Minister Toshimitsu Motegi to visit Sri Lanka
Dec 12, 2019 (LBO) – Newly appointed Japanese Foreign Minister Toshimitsu Motegi is to arrive Sri Lanka today for a three-day official visit to …
Sri Lanka should list SoE and increase transparency
Dec 11, 2019 (LBO) - A top emerging markets investor said the Government should look at listing state enterprises to attract capital. He said that it …
Mark Mobius says Sri Lanka has foreign investors appeal for tourism, fin-tech and real estate
Dec 11, 2019 (LBO) - Emerging markets investor, Dr. Mark Mobius highlighting Sri Lanka's strengths said he sees immense growth potential in the …
Fiscal stimulus will boost demand in short-run but create instability in long-run: ICRA
Dec 11, 2019 (LBO) - The Government of Sri Lanka (GoSL) reduced variety of taxes substantially in an attempt to revive the economy, which could …
Sri Lanka in the high human development category, says UNDP’s latest report
Sri Lanka’s Human Development Index value for 2018 is 0.780— which puts the country in the high human development category—positioning it at 71 …
Chinese delegation to Sri Lanka inks SME pacts, clinches many B2Bs
Dec 10, 2019 (LBO) – Facilitated by Sri Lanka’s Confederation of Micro, Small and Medium Industries (COSMI), the high powered Chinese team moved …
Sri Lanka ranks 71 out of 189 countries in Human Development Index
Dec 10, 2019 (LBO) – Sri Lanka’s Human Development Index value for 2018 is 0.780— which puts the country in the high human development …
Sri Lanka tax cuts to shave off Rs560bn govt. revenue in 2020: Asia Securities
Dec 10, 2019 (LBO) – Sri Lanka’s recently announced tax cuts will likely shave off 560 billion rupees from government income in 2020, launching …
Sri Lanka aims at 6.5-pct GDP growth from 2020
Dec 09, 2019 (LBO) - Sri Lanka’s economic activity will pick up following a series of tax cuts and the expansion of economic activity will boost …