Realistic budget but concern on growth & implementation: Ceylon Chamber
Mar 07, 2019 (LBO) – The Ceylon Chamber of Commerce says that the GDP growth estimates provided in the budget speech, for the period from 2019-2024 …
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Sri Lanka to join hands with UK to co-sponsor roll over resolution at UNHRC
Mar 06, 2019 (LBO) – Sri Lanka will join hands with the core group leader UK in co-sponsoring the roll-over resolution at the UN Human Rights …
Another cash call – DFCC to tap the markets for Rs7.6bn in strikingly low priced rights issue
March 6, 2019 (LBO) - DFCC became the latest major bank in Sri Lanka to tap the capital markets in an aggressive rights issue. The bank aims too …
Free Wi-Fi serves 455,741 users with 79,280 GB of data so far: PM’s office
Mar 06, 2019 (LBO) – As per the statistics of the ICTA, 455,741 users have so far accessed free public Wi-Fi facilities in Sri Lanka, Policy …
Sri Lanka Budget 2019: Overview of key taxation proposals
Mar 06, 2019 (LBO) – Sri Lanka’s budget 2019 estimates total revenue and grants of 2,464 billion rupees against a total estimated expenditure of …
Sri Lanka revises excise duty, implements luxury tax on motor vehicles
Mar 05, 2019 (LBO) - Sri Lanka’s Finance Minister Mangala Samaraweera told Parliament Tuesday that a revision of excise duty and implementation of …
Sri Lanka Budget 2019: Watch Live Stream
Live coverage ended. Please refer to related stories ... Budget 2019: Download Full Budget Speech Sri Lanka Budget 2019: Overview of key taxation …
Sri Lanka Budget 2019 – Live Coverage
Live coverage ended. Please refer to related stories ... Budget 2019: Download Full Budget Speech Sri Lanka Budget 2019: Overview of key taxation …
Norway to provide NOK 60 million for mine action in Sri Lanka
The Government is providing NOK 60 million over a period of three years for mine action in Sri Lanka. ‘Sri Lanka has been heavily contaminated by …
CA Sri Lanka budget seminar 2019 to evaluate economic and tax perspectives
The annual budget seminar organised by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) will evaluate the economic and tax …
Budget 2019 will empower people and nurture poor: Fin Min
Mar 05, 2019 (LBO) - Sri Lanka's Budget – 2019 will focuses on Enterprise Sri Lanka empowering the people and nurturing the poor, the Finance …
Sexual harassment in public transport: Speak up, intervene and be the change
Mar 05, 2019 (LBO) - “I was travelling in a bus when the man seated next to me started to touch my thigh, while he was pretending to sleep. When I …
Norwegian State Secretary Marianne Hagen to visit Sri Lanka
Ms. Marianne Hagen, State Secretary (State Minister) at the Ministry of Foreign Affairs of Norway, will make a two-day official visit to Sri Lanka …
Finance Minister makes final touches to Budget 2019
The Minister of Finance Mangala Samaraweera is in deep conversation with the Treasury Secretary Dr. R.H.S. Samaratunga to make the final touches to …
Addressing the White Elephant in Lankan economic development in tourism
In the past, Sri Lanka has focused on increasing the number of tourists coming into the country and showcase the increase in tourism without much …
Opinion: Policing the Police – challenge for the newly facelifted Police Commission
By Sanjeewa Fernando Some say that the Police has gone to the dogs. Without being so harsh, yet being realistic, we would euphemistically admit that …
Sri Lanka’s 2019 budget allocates Rs.2.5bn for 1990 ambulance service
Mar 01, 2019 (LBO) – Sri Lanka’s government has decided to allocate over 2,500 million rupees from the next budget for the 1990 ambulance …
Rock bottom Rs12bn rights issue pricing crashes Sampath Bank (SAMP) shares
March 1, 2019 (LBO) - Shares on the Colombo Stock Exchange were weaker across the board with Sampath Bank (SAMP) shares having their worst trading …
IMF reaches understanding at staff level to extend EFF for an additional year
Mar 01, 2019 (LBO) – A staff team from the International Monetary Fund (IMF) has reached an understanding at the staff level with the Sri Lankan …
Sri Lanka stocks wake up with net foreign buying
February 28, 2019 (LBO) - The Colombo Stock Exchange (CSE) awakened from its slumber with trading crossing the Rs2bn mark (US$11mn) after many days …
Democracy Restored: Samantha Power salutes Mangala, Sri Lanka’s defeat of autocracy
February 28, 2018 (LBO) - Samantha Power, United States Ambassador to the United Nations under President Barak Obama, arrived in Sri Lanka to be the …
Fitch rates National Development Bank’s Basel III sub debt final A(lka)
Feb 28, 2019 (LBO) – Fitch Ratings has assigned National Development Bank's proposed Basel III-compliant subordinated debentures a final National …
Fitch revises outlook on HNB Assurance, HNB General Insurance to positive
Feb 28, 2019 (LBO) – Fitch Ratings has revised the Outlook on the National Insurer Financial Strength (IFS) Ratings of life insurer HNB Assurance …