SEC issues cautionary notice to public on investing in offshore companies
Oct 14, 2019 (LBO) – Sri Lanka’s Securities and Exchange Commission says that it has become aware of a growing number of unsolicited phone calls …
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Italian government to help Sri Lanka to build Solid Waste Power Plant
Oct 14, 2019 (LBO) – Italian ambassador to Sri Lanka, Rita Mannella says that the Italian government is ready to provide technical assistance and …
Growth in SA slows down, Sri Lanka growth to soften to 2.7-pct in 2019: World Bank
Oct 14, 2019 (LBO) – Economic growth in Sri Lanka is expected to soften to 2.7 percent in 2019, says the World Bank in its twice-a-year regional …
Slowdown of Indian economy to affect Colombo port earnings: CBSL Chief
Oct 14, 2019 (LBO) – Earnings of Sri Lanka’s main commercial port in Colombo is to be affected by the slowdown of the Indian economy, the Central …
LOT Polish Airlines to start direct flights from Poland to Sri Lanka
Oct 11, 2019 (LBO) – Sri Lankan Embassy in Oslo together with LOT Polish Airlines celebrated the commencement of LOT’s direct flights from Warsaw …
Sri Lanka business registrations can now be done from home
Oct 11, 2019 (LBO) – Opening a new chapter in Sri Lanka’s private sector development, incorporation of a new company is now possible from the …
Sri Lanka official reserves at USD7.6bn by Sept; YTD rupee appreciation 1.3-pct
Oct 11, 2019 (LBO) – Sri Lanka’s gross official reserves were 7.6 billion US dollars by end September, down from 8. online pharmacy buy abilify …
Sri Lanka Retailer’s Association joins Asia counterpart
Sidath Kodikara President of Sri Lanka Retailers’ Association (SLRA) and Murali Prakash, Vice president of SLRA attended the 19th Asia-Pacific …
Sri Lanka CB maintains policy rates unchanged
Oct 11, 2019 (LBO) - Sri Lanka's Monetary Board has decided to maintain the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility …
CAL surpasses an LKR 100 Bn footprint in Investment Banking
Oct 10, 2019 (LBO) – Capital Alliance (CAL) has continued its reign as the market leader in Investment Banking services (Debt & Equity …
Moratuwa University shifts gears in innovation & commercialization
Oct 10, 2019 (LBO) – The University of Moratuwa is shifting gears in innovation and commercialization through the University Business Linkage …
AmCham Sri Lanka launches “Meet the Candidate” series
The American Chamber of Commerce in Sri Lanka announced the ‘Meet the Candidate’ series, at which the main Presidential Candidates will be hosted …
First Capital expects possible easing of political uncertainty post elections
Oct 10, 2019 (LBO) – The completion of Sri Lanka’s election cycle is most probably likely to resolve political uncertainty in the local front, …
EU provides Euro 40Mn to strengthening transformation, reconciliation
Oct 10, 2019 (LBO) - The European Union (EU) is providing 40 million euros to Sri Lanka to co-finance the "Strengthening Transformation, …
John Keells Hotels provides Rs. 2.45 bn corporate guarantee to People’s Bank
Oct 09, 2019 (LBO) – John Keells Hotels has given a corporate guarantee for 2.45 billion rupees to People’s Bank, in respect of a long-term loan …
Colombo stocks surge as Gota secures SLFP support
October 9, 2019 (LBO) - The Sri Lankan stock market surged in response to presidential candidate Gotabaya Rajapaksa officially securing the support …
5-star hotel to be built in Kandy under BOI agreement
Oct 09, 2019 (LBO) – The Board of Investment of Sri Lanka signed an agreement with Star Class Hotel (Pvt) Ltd., to set up 67 room 5-star hotel …
Sri Lanka unemployment up in Q2 2019
Oct 09, 2019 (LBO) - T h e n u m b e r o f unemployed persons in Sri Lanka is estimated as 420,231 or 4.9 percent during the second quarter 2019, a …
Sri Lanka needs consistent energy policy to attract investors: Prof Samarajiva
Oct 09, 2019 (LBO) - Sri Lanka is in the need of consistent and solid policies in order to attract investors and planned infrastructure framework …
Sampath Bank ranks among Sri Lanka’s 10 Most Admired Companies
Standing testimony to its superlative service to the nation, Sampath Bank was placed among Sri Lanka’s 10 Most Admired Companies at the ‘Most …
JKH ranked Sri Lanka’s most respected entity
Oct 08, 2019 (LBO) - John Keells Holdings PLC (JKH) was ranked as the most respected entity in Sri Lanka, for a record 14th year by LMD magazine. In …
John Keells Holdings ranked as Sri Lanka’s Most Respected Entity for 14th year
John Keells Holdings PLC (JKH) was ranked as the Most Respected entity in Sri Lanka for a record 14th year, in the recently released edition of …
Altair infuses USD 25 mn via syndicated loan
Oct 08, 2019 (LBO) – A consortium of leading local banks, comprising of the Bank of Ceylon, NDB Bank and National Savings Bank has raised a …
SL’s can create efficient energy sector through stakeholder dialogue
Oct 08, 2019 (LBO) - Sri Lanka should have a dialogue among all the stakeholders as to how to move forward and create an efficient energy sector that …