Managing fiscal deficits can increase investments in health & education in Sri Lanka
FEATURE: Managing fiscal deficits can increase investments in health and education in Sri Lanka What happens when a population pyramid no longer …
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Rs.8bn inflows into securities since Jan; rupee appreciated 2.3-pct YTD: FM
Feb 21, 2019 (LBO) – Finance Minister Mangala Samaraweera says that foreign capital is now flowing back into the economy with 8 billion rupees …
Sinhalese Sports Club to revolutionize Sri Lankan sports with Power Plate
The Sinhalese Sports Club, one of the most prestigious sports clubs in Sri Lanka together with the pioneer in fitness equipment in Sri Lanka, Quantum …
Next RIU international investor forum to kick-off in the Maldives
(PRESS RELEASE) - As part of an ongoing and sustained effort to connect Sri Lankan businesses with the global diaspora and with foreign investors …
Sri Lanka Tea export volumes and revenue up in Jan 2019
Feb 21, 2019 9LBO) - Sri Lanka tea export volumes for the month of January 2019 totalled 23.6 M/kgs, showing a gain of 2.7 M/kgs from the same period …
First Capital Research expects a continuation of policy rates at current levels
Feb 21, 2019 (LBO) – First Capital Research said it expects a continuation of monetary policy rates at current levels although they recognize an …
Seylan Bank reports PAT of Rs.3,189Mn for year ended 31st Dec 2018
Feb 21, 2019 (LBO) - In a challenging external environment, Seylan Bank recorded a Profit-after-Tax of Rs. 3,189 Million for the year ended 31st …
Five few BOI projects to start in Jaffna
Feb 20, 2019 (LBO) - The Jaffna District is one of the main districts in the Northern Province which the Board of Investment (BOI) has targeted for …
Japan’s Odakyu Group partners TAD Group for Rs.4.5Bn investment in Sri Lanka
Feb 21, 2019 (LBO) - Japan's Odakyu Group, a firm with interests in transport, real estate and retail together with the TAD Group is expecting to …
Sri Lanka to introduce a Master Plan for Northern Province economic development
Feb 20, 2019 (LBO) – Sri Lanka’s government is to launch a framework for economic development in the Northern Province with the co-operation of …
Advocata Institute to host Asia Liberty Forum 2019 in Sri Lanka
Over 200 participants, comprising leading academics, policy makers and intellectuals from over 30 countries will come together in Colombo, Sri Lanka …
Reducing gender gap boosts Sri Lankan economy, says WB VP for South Asia Region
Feb 20, 2019 (LBO) - The World Bank Vice President for South Asia Region, Hartwig Schafer concluding his three-day visit to Sri Lanka said the banks …
Sri Lanka Ports Authority partners with Ironman 70.3 triathlon in Colombo
Sri Lanka Ports Authority is pleased to announce its partnership with the Ironman 70.3, one of a series of long-distance triathlon races, going to be …
Sri Lanka could grow 20-pct in long-run by closing gender gap: WB Vice President
Feb 20, 2019 (LBO) – Sri Lanka specifically could grow its economy by as much as 20 percent in the long-run by closing the gender gap in the …
Planters’ Association of Ceylon reiterates that Rs. 750 daily wage final
Feb 19, 2019 (LBO) – Planters’ Association of Ceylon reiterates that the new collective agreement between Regional Plantation Companies and …
Prime Minister directs officials for speedier resettlement of Jaffna Muslim IDPs
Feb 18, 2019 (LBO) – Prime Minister Ranil Wickremesinghe has directed authorities in Resettlement Ministry and Divisional Secretariat to make …
Fitch downgrades SLT & CEB, upgrades Lion Brewery on rating scale revision
Feb 18, 2019 (LBO) – Fitch Ratings has taken rating action on non-financial corporates following the recalibration of its National Rating scale to …
Fitch revises National Long Term Rating of NSB to AA+(lka) from AAA(lka)
Feb 18, 2019 (LBO) – Fitch Ratings has revised the National Long-Term Rating of National Savings Bank to 'AA+(lka)' from 'AAA(lka)' with a …
Dialog records Rs.7.5Bn net profit for FY 2018, Invests Rs.30.6Bn in broadband infrastructure
Feb 18, 2019 (LBO) - Dialog Axiata PLC announced, Friday 15th February 2019, its consolidated financial results for the year ended 31st December …
MV Beijing Bridge makes maiden call at Colombo Port
Feb 18, 2019 (LBO) - MV Beijing Bridge under its AGI Service made the maiden call at the Port of Colombo’s Sri Lanka Ports Authority (SLPA) …
Foreign investors continue snapping up Sri Lanka’s bonds while dumping stocks
February 16, 2019 (LBO) - Foreign institutional investors continued buying Sri Lanka's government bonds this week, continuing a one month trend where …
Foreign Ministry’s second Regional Consular Office declared open in Matara
The Matara Regional Consular Office of the Foreign Ministry was declared open today (15) jointly by Minister of Foreign Affairs Tilak Marapana and …
Sampath Bank records PBT of Rs18.3Bn for 2018
Feb 15, 2019 (LBO) - Sampath Bank recorded a profit before tax (PBT) of 18.3 billion rupees for the year ended 31st December 2018, up by 10.5 percent …
Opinion: The PM should aggressively defend independence of the Constitutional Council
February 15, 2019 (LBO) - The past few days have seen pointed verbal attacks on the Sri Lanka's Constitutional Council.buy zithromax online buy …