Constitutional Crisis – close to $ 100mn flees stock/bond markets last week
November 4, 2018 (LBO) - In the first full week of Sri Lanka's constitutional crisis, foreign investors in Sri Lanka's capital markets ran for the …
All News
UN Secretary General asks Sri Lanka’s President to allow Parliament vote ASAP
November 3, 2018 (LBO)
Nations Trust Bank records post-tax profit of Rs.2, 918Mn
Nov 02, 2018 (LBO) - The Bank closed the nine months ending 30th September 2018 with a post-tax profit of Rs.2, 918Mn with standing multiple …
Foreign Minister Amunugama says “no justification for changing Travel Advisories”
Nov 02, 2018 (LBO) – Foreign Minister Dr. Sarath Amunugama, said that there was no justification for the Travel Advisories issued by a few …
Parliament to be reconvened on Wednesday not Monday
Nov 02, 2018 (LBO) – Sri Lanka’s Parliament will be reconvened on Wednesday the 7th of November and not Monday as earlier scheduled, the speaker …
Sri Lanka moves up 11 notches in Ease of Doing Business Index 2019
Nov 02, 2018 (LBO) – Sri Lanka rose 11 notches in the Ease of Doing Business index 2019 being ranked 100 among 190 economies, the World Bank said. …
Finance Minister introduces changes to WHT, VAT, Income Tax, Telecom Levy
Nov 01, 2018 (LBO) – Sri Lanka's Prime Minister as the new Finance Minister has given direction to implement a range of initiatives to revive the …
Sri Lanka Finance Minister cuts fuel prices under new economic programme
Nov 01, 2018 (LBO) – Given the impact of fuel pricing on all strata of the society especially those engaged in transport, agriculture and fisheries …
Sri Lanka’s President appoints more ministers
Ministers appointed by the President Maithripala Sirsena today: Duminda Dissanayake: Minister of Irrigation, Water Resources and Disaster Management …
I’m honored to serve as US Ambassador to Sri Lanka at this critical moment: Teplitz
Nov 01, 2018 (LBO) – Ambassador Alaina B. Teplitz officially began her tenure as the U.S. Ambassador to Sri Lanka today after presenting her …
US, Japan, France, Afghanistan new Ambassadors present credentials to President
Nov 01, 2018 (LBO) – New Ambassadors of the United States, Japan, France, and Afghanistan have presented credentials to President Maithripala …
Sri Lanka Parliament to be reconvened on Monday as earlier scheduled
Nov 01, 2018 (LBO) – Sri Lanka’s Parliament will be reconvened on Monday as earlier scheduled, quoting the President, Prime Minister Mahinda …
Teejay 6-month net profit up 20-pct to Rs.705Mn
Nov 01, 2018 (LBO) - Sri Lanka's Teejay Lanka PLC, a textile manufacturer, has reported sales of 14.4 billion rupees and profit after tax of 704.8 …
PropertyGuru doubles down on Southeast Asia with funding round
(PRESS RELEASE) Group bolsters its regional leadership with the new funding and full consolidation of Vietnam’s No. 1 property portal, …
Foreign Minister meets Heads of Mission of SAARC countries
(PRESS RELEASE) - Foreign Minister Dr. Sarath Amunugama met the Ambassadors and High Commissioners of SAARC countries and their representatives at …
IDU Chair Former Canadian PM Stephen Harper demands Sri Lanka parliament be opened
October 31, 2018 (LBO) “We are witnessing the breakdown of democracy in Sri Lanka” The International Democrat Union is following the latest …
S R Attygalle assumes duties as new Secretary to Finance Ministry
Oct 31, 2018 (LBO) – Deputy Secretary to Treasury S R Attygalle who has been appointed as the Secretary to Ministry of Finance and Economic Affairs …
Bond vigilantes come to town as Sri Lanka sovereign debt tanks
October 31, 2018 (LBO) - To be
The army will not get involved in the constitutional crisis – AFP report
October 31, 2018 (LBO) - Sri Lanka's army commander Mahesh Senanayake has told AFP the armed forces expected politicians to "constitutionally and …
Attorney General side steps Constitutional Crisis
October 13, 2018 (LBO) -
International community continues to recognise Ranil as legitimate PM – Sir Hugo Swire
October 31, 2018 (LBO) - Foreign Secretary of the United Kingdom Jeremy Hunt has indicated that he will speak to President Maithripala Sirisena and …
Central Bank releases publication with highlights of 2018 & prospects for 2019
Oct 30, 2018 (LBO) – Central Bank of Sri Lanka today released its half-yearly publication - “Recent Economic Developments: Highlights of 2018 and …
Piramal Glass top line grew by 14-pct during half year ended Sept 2018
Piramal Glass Ceylon PLC has reported its results for the 1st half of the year FY 2018-19 with Rs. 3,586 million of Revenue and Rs. 38 million of …
Sri Lanka’s political standoff lifts refinancing risk: Fitch Ratings
Oct 30, 2018 (LBO) – Sri Lankan president's sudden replacement of the prime minister on 26 October highlights tensions within the coalition …