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Sri Lanka’s retail industry to be a prominent and important pillar of the economy

Nov 28, 2018 (LBO) - Increasingly the significance of retail as an industry, as a value creator for the economy, as an employer and as a catalyst of …

New coin series to be issued into circulation from next week

Nov 28, 2018 (LBO) – Central Bank of Sri Lanka issued a new series of circulation coins with face values of Rs.10, Rs.5, Rs.2 and Rs.1 with …

Sarath Amunugama meets Chinese Ambassador

Sri Lanka's Foreign Ministry says Minister of Foreign Affairs Dr. Sarath Amunugama met Chinese Ambassador Cheng Xueyuan at the foreign ministry …

Ceylinco Life appoints eminent banker Jegan Durairatnam to its Board

Ceylinco Life Insurance Limited (Ceylinco Life) has announced the appointment of career banker Jegan Durairatnam to its Board as an Independent …

Fin Min rebuts social media reports on alleged illegal instruction to Customs

Nov 27, 2018 (LBO) - The Finance Ministry issuing a statement denied any illegal instruction given by the Minister of Finance to the Sri Lanka …

Luxury vessel Mein Schif 3 calls Colombo Port with 2,430 passengers

Nov 27, 2018 (LBO) – Super luxury passenger vessel MV Mein Schif 3 of TUI Cruises with 2,430 passengers and 995 crew on board made her maiden call …

Multi-Lingual Websites – What’s in it for your business?

We live in a time where borders and concepts of division are viewed in a negative light and inclusivity, diversity and acceptance are becoming more …

Non Executive Directors appointed to Bank of Ceylon Board

Nov 27, 2018 (LBO) – Bank of Ceylon said in a stock exchange filing that the Finance Minister has appointed new Non-Executive Directors to the …

SEC hosts APEC FRTI Regional Seminar on Enforcement and Litigation

The Securities and Exchange Commission of Sri Lanka (SEC) hosted a five day Asia Pacific Economic Cooperation (APEC) Financial Regulators Training …

New Chairperson of People’s Bank, Sujatha Cooray assumes duties

The newly appointed Chairperson of People’s Bank, Sujatha Cooray, a senior public servant, assumed duties at the Head office of People’s Bank on …

Aitken Spence wins Best Corporate Citizen Sustainability Award 2018

Aitken Spence PLC won the coveted ‘Best Corporate Citizen Sustainability Award 2018’ an annual event organized by the Ceylon Chamber of Commerce, …

7 member Supreme court bench to hear petitions against Parliament dissolution

Nov 27, 2018 (LBO) - Sri Lanka's Chief Justice Nalin Perera has appointed an additional four members to the Supreme Court bench to hear petitions …

Sri Lanka’s Hela Clothing secures private capital infusion of Rs.1.2Bn

Nov 27, 2018 (LBO) -  Hela Clothing Group, an apparel manufacturer has secured a capital infusion of 1. online pharmacy buy strattera with best …

Euro 52.1 M assistance from Netherlands for construction of rural bridges

The Rabobank of Netherlands has agreed to provide Euro 52.1 Million financial assistance to construct approximately 250 steel bridges island wide …

Entrepreneurs in Jaffna? Take a look in Ammachi!

By Jekhan Aruliah Soon after I moved to Jaffna in 2015 I heard rumours of this fantastic food court run by war widows. Friends driving North from …

“Swimming upstream in politics for the betterment of Sri Lanka” : President

Nov 26, 2018 (LBO) - Sri Lanka's President Maithripala Sirisena says that he is swimming upstream in politics for the betterment of the future of the …

Mahinda reiterates need of general election and calls for public support

Nov 26, 2018 (LBO) - Mahinda Rajapaksa says there is no need to hold a presidential election at this stage but only a general election. In a …

Sri Lanka rupee hits new low of Rs.180: Stocks down 0.34-pct

Nov 23, 2018 (LBO) -  The Sri Lanka rupee dropped to a low of 180.66 against the US dollar following a political crisis, which began a month …

Sri Lanka to host conference of Asia-Pacific Depositories & Clearing organizations

Nov 23, 2018 (LBO) – Central Depository Systems, a fully owned subsidiary of the Colombo Stock Exchange, will host the 22nd Annual General Meeting …

Sri Lanka Speaker appoints Committee of Selection despite opposition

Nov 23, 2018 (LBO) – Sri Lanka’s Speaker Karu Jayasuriya on Friday appointed the Committee of Selection under the standing orders of 136 and …

Fitch Ratings affirms Sri Lanka Telecom at ‘B+’/’AAA(lka)’

Fitch Ratings has affirmed Sri Lanka Telecom PLC's (SLT) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at 'B+' and its National …

Sri Lanka NCPI down 0.1-ct in Oct 2018

Nov 23, 2018 (LBO) - The National Consumer Price Index (NCPI) , for the month of October 2018, has declined to 0.1 percent from 0.9 percent in …

Sri Lanka BoI ink four investment deals

Nov 23, 2018 (LBO) - The Board of Investment of Sri Lanka recently signed four agreements for projects in apparel, logistics, plant tissue and …

President instructs all Govt. appointments should be cleared by his office

Nov 23, 2018 (LBO) - Sri Lanka's President has informed all Ministry Secretaries that all appointments should be first cleared from his Office. A …