Sri Lanka wins “Best Folklore Performance Award” at Seoul tourism fair
The Embassy of Sri Lanka in Republic of Korea in association with the Sri Lanka Tourism Promotion Bureau (SLTPB) organized Sri Lanka’s pavilion at …
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Ambassador Rohan Perera pays farewell call on UN Secretary General
Jun 20, 2019 (LBO) – Permanent Representative of Sri Lanka to the United Nations in New York, Rohan Perera paid a farewell call on the UN Secretary …
Sri Lanka GDP accelarates to 3.7-pct in Q1 2019
June 20, 2019 (LBO) - Sri Lanka's economic growth rate is estimated as 3.7 percent for the first quarter of 2019, data from the state statistics …
Sri Lanka CB launch roadmap for sustainable finance
Jun 20, 2019 (LBO) - The Central Bank launched the roadmap for sustainable finance in Sri Lanka and hosted a high-level seminar for senior officers …
Sri Lanka to raise up to Rs 480bn debt under Active Liability Management Act
Jun 19, 2019 (LBO) – Cabinet nod has been received to move a resolution in Parliament to raise up to 480 billion rupees under the provisions of the …
Secretary Pompeo unable to visit Sri Lanka during upcoming travel to region: US Embassy
Jun 19, 2019 (LBO) – Due to unavoidable scheduling conflicts during his upcoming visit to the Indo-Pacific region that includes accompanying US …
Fitch rates SriLankan Airlines proposed guaranteed USD bonds ‘B(EXP)’
Jun 19, 2019 (LBO) – Fitch Ratings has assigned SriLankan Airlines Limited's (SLA) proposed issue of US dollar government-guaranteed bonds an …
Ambassador-designate of Sri Lanka to United States, Rodney Perera assumes duties
Ambassador - designate of Sri Lanka to the United States of America, Rodney Perera assumed duties at the Embassy of Sri Lanka in Washington DC on …
Donald Trump launches campaign for second term with vow to ‘keep America great’
Jun 19, 2019 (LBO) – US President Donald Trump formally launched his 2020 reelection campaign Tuesday in Florida vowing to maintain his 'America …
Sri Lanka’s real estate and construction industries continue stoically, post Easter Attack
(PRESS RELEASE) - Sri Lanka’s construction sector which ranks as the 5th highest in the nations GDP earnings, after Services, Manufacturing, …
Advocata commends Government’s decision to shut down SaluSala
Jun 19, 2019 (LBO) - Advocata Institute commends President Maithripala Sirisena’s directive to shut down the loss-making, state-owned handloom …
Fin Min tells Parliament that Q1 2019 growth will rebound to 3.5-pct
Jun 19, 2019 (LBO) - Sri Lanka's economic growth has increased to 3.5 percent of gross domestic product in the first quarter of 2019, Finance …
Sri Lanka vehicle registrations down in May 2019
Jun 19, 2019 (LBO) - Vehicle registrations across the board slowed except for 2 wheelers, mini and light trucks during the period May 2019, a new …
Sri Lanka imports down 11-pct, tourism earnings down 7.5-pct in April; trade gap narrows
Jun 18, 2019 (LBO) – Sri Lanka’s trade deficit further narrowed to 797 million US dollars from 999 million dollars in April 2018, the Central …
Samsung Electronics remains top brand in Asia for eighth consecutive year
Samsung Electronics has been named the best brand in Asia in 2019 for the eighth year in a row, according to results from ‘Asia’s Top 1000 …
Rebuild Business Confidence in Sri Lanka, a networking evening organized by CCC
The Power of Interaction Series is a networking evening organized by The Ceylon Chamber of Commerce with the intention of providing its membership an …
Ritz-Carlton Residence and Hotel Tower reaches 30th floor
Jun 17, 2019 (LBO) - Keeping its promise to its client’s and stakeholders, developers of The Ritz-Carlton Hotel and Residence, Colombo, The One …
Salary anomalies of five hundred thousand pensioners to be removed from next month
Jun 17, 2019 (LBO) - The proposal made by Finance Minister Mangala Samaraweera in his budget 2019 to remove the pensioners’ salary anomalies will …
Govt provides sovereign guarantee to RDB Bank to obtain USD 50mn loan from ADB
Jun 15, 2019 (LBO) – Government has facilitated the Pradeshiya Sanwardana Bank, by providing a sovereign guarantee, to obtain a loan amounting to …
Sri Lanka BoI sign USD1.6Mn Yala hotel deal with Spanish firm
Jun 14, 2019 (LBO) - The Board of Investment of Sri Lanka signed an Agreement with Putus Brother’s Sustainable Developments (Private) Limited to …
Data on violence against women crucial to understanding magnitude of issue: Report
Jun 14, 2019 (LBO) - One in three female homicides in Sri Lanka are related to intimate partner violence and 69 percent of such incidences go …
Kavindya Thennakoon delivers inspiring commencement speech at Wellesley
June 13, 2019 (LBO) - Sri Lankan graduate Kavindya Thennakoon has delivered an inspiring commencement speech at Wellesley College, the leading …
Ambassadors from 17 Muslim countries hold special meeting in Parliament
Jun 13, 2019 (LBO) – Ambassadors from seventeen Muslim countries held a special meeting in Parliament on Tuesday, the Speaker’s Media Division …
First Capital upgrades exchange rate outlook for 2019E to LKR 180 from 194
Jun 13, 2019 (LBO) – Sri Lanka's First Capital Research has upgraded their exchange rate outlook for 2019E to 1 USD: LKR 180 from 194 as their 65 …