MCC should not be hurriedly signed before a decisive election: MR
Oct 31, 2019 (LBO) – Sri Lanka's Opposition Leader Mahinda Rajapaksa says that no agreement should be hurriedly signed with a foreign government …
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Sri Lanka to operate luxury train coaches to Badulla, North, East & South routes
Oct 31, 2019 (LBO) – Sri Lanka is to operate luxury train coaches to Badulla, Northern, Eastern, and Southern routes considering the demand for …
![ICRA Lanka reaffirms the [SL]A+ long term ratings of Access Engineering PLC](https://www.lankabusinessonline.com/wp-content/uploads/2016/11/Access-Engineering-PLC-CSE.jpg "ICRA Lanka reaffirms the [SL]A+ long term ratings of Access Engineering PLC")
ICRA Lanka reaffirms the [SL]A+ long term ratings of Access Engineering PLC
Rating action ICRA Lanka Limited, Subsidiary of ICRA Limited, Group Company of Moody’s Investors Service has reaffirmed the Issuer rating of [SL]A+ …
Opinion: Are apartment developers moving to suburbs?
LankaPropertyWeb's (LPW) With Colombo city turning into a business hub more than a residential area, recent studies of LankaPropertyWeb (LPW) show …
Teejay’s 6-month net profit up 75-pct to Rs.1.24Bn
Oct 31, 2019 (LBO) - Textile manufacturer Teejay Lanka PLC has announced top and bottom line growth in the first half of 2019-20, with investments in …
StudyAdelaide announces 2020 Brand Ambassador competition in Sri Lanka
StudyAdelaide, an agency of the Government of South Australia to promote Adelaide as an international study destination has launched an Ambassador …
Opinion: It’s Gota’s time, UNP needs Ranil more than ever
October 30, 2019 (LBO) - Nandasena Gotabaya Rajapaksa appears to be the man of the moment. The 70 year old former Lieutenant Colonel in the Sri Lanka …
Ceylon Chamber advocates 12 focus areas to accelerate economic growth
Oct 30, 2019 (LBO) – The Ceylon Chamber of Commerce has identified twelve (12) areas as priority areas for Sri Lanka's economic development in the …
ComBank enables Dynamic Currency Conversion at ATMs for foreign Visa Cards
The Commercial Bank of Ceylon has extended its ‘Dynamic Currency Conversion’ (DCC) feature to foreign Visa card holders using the Bank’s ATMs …
Opinion: Sri Lanka’s Debt Crisis is more serious than you imagine
Context A Team of Leading Economists/Analysts in January 2019 alerted the Leaders in Governance that it is likely that the ballooning external …
Asian Hotels (AHPL) reports a profit, tourism recovery taking hold
October 29, 2019 (LBO) - Colombo Stock Exchange listed Asian Hotels and Properties (AHPL) reported a modest profit in the quarter ended September …
Sri Lanka’s cabinet approves MCC grant of USD 480 Million
Oct 29, 2019 (LBO) – Sri Lanka’s Cabinet of Ministers today approved the implementation of 480 million US dollars MCC grant that consists of …
Luxury tax has no effect on small motor vehicles: Finance Ministry
Oct 29, 2019 (LBO) – Sri Lanka’s Finance Ministry says that the luxury tax imposed on motor vehicles will not be relevant to small motor …
Advocata supports recommendation to allow AG dept representation at COPE
Oct 29, 2019 (LBO) - Advocata, a local think tank has welcomed the recommendation to include representatives of the Attorney General’s (AG) …
Ranil congratulates Trump on successful operation to destroy ISIS leader
October 28, 2019 (LBO) - Sri Lanka's Prime Minister Ranil Wickremesinghe officially congratulated President Donald Trump and the United States …
Applications for UK’s Chevening Scholarship closing on 5 Nov
Applications for Chevening Scholarships to study in the UK are closing on 5 November 2019, with applications to be submitted via …
Tax concessions and benefits for public servants announced during VoA
Oct 28, 2019 (LBO) - Finance Minister Mangala Samaraweera announced tax concessions and benefits for public servants at the time of presenting the …
Moody’s Analytics Knowledge Services Lanka to expand its IT services
Oct 28, 2019 (LBO) – Sri Lanka's Board of Investment signed a supplementary agreement with Moody’s Analytics Knowledge Services Lanka (Pvt) Ltd …
Sri Lanka calls for collective action to address global challenges
Oct 28, 2019 (LBO) - Sri Lanka's Foreign Minister Tilak Marapana reaffirmed Sri Lanka's commitment to the founding principles of the Non-Aligned …
Vistara airline to launch direct flights between Mumbai & Colombo
Vistara, India’s finest full-service carrier and a joint venture of Tata Sons and Singapore Airlines, today announced a daily (except Wednesdays) …
The Finance Company looking at a new investor
Oct 25, 2019 (LBO) – The Finance Company (TFC) is currently working with a company that has expressed its interest to invest at TFC as a …
SEC to launch round table discussion with auditors & capital market stakeholders
The Securities and Exchange Commission of Sri Lanka (SEC) will for the first time in its history, launch a “Round Table Discussion with Auditors …
John Keells Hotels (KHL) reports losses of Rs470mn on 27% drop in revenue
October 25, 2019 (LBO) - Colombo Stock Exchange (CSE) listed John Keells Hotels PLC (KHL), the subsidiary of John Keells Holdings (JKH) which owns …
S Korea to give up WTO’s developing country status that includes wealthiest countries
Oct 25, 2019 (LBO) – South Korea is to give up special treatment reserved for developing countries by the World Trade Organization in future …