Mastercard Offers Greater Value for Premium Cardholders in Sri Lanka
Mastercard unveiled an enhanced suite of benefits and privileges exclusively for World and Platinum Mastercard consumer credit cardholders in Sri …
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Colombo stocks pop, led higher by John Keells Holdings (JKH)
July 17, 2018 (LBO) - The Colombo Stock Exchange finished markedly higher in one of the strongest days in weeks. The ASPI finished up .8% and the …
US Trade Court nullifies tax on Sri Lanka rubber tyre imports in historic judgement
July 17, 2018 (LBO) – Sri Lanka has won the first ever revocation of countervailing duty imposed in US for a Lankan export with the removal of …
Fitch downgrades Melsta Regal Finance; affirms 9 Sri Lankan Finance Companies
July 17, 2018 (LBO) – Fitch Ratings Lanka has downgraded Melsta Regal Finance's National Long-Term Rating to 'B(lka)' from 'A+(lka)' and removed …
Softlogic & Samsung launch Global Samsung Experience Store in Sri Lanka
Softlogic partnered with Samsung to officially open its first branded Experience Store in Sri Lanka this week with a ribbon-cutting ceremony by Mr …
Dialog becomes Sri Lanka’s first cloud service provider to offer VMware
July 17, 2018 (LBO) – Sri Lanka’s leading telecommunications service provider, Dialog Axiata on Tuesday partnered with VMware to strengthen the …
Asia Property Awards debuts in Sri Lanka: Honors industry’s growing potential
Jul 17, 2018 (LBO) - Sri Lanka's real estate industry was honored at the first PropertyGuru Asia Property Awards which was held at the Shangri-La, …
CSE to host briefing for potential Empower Board sponsors
Jul 17, 2018 (LBO) - The Colombo Stock Exchange (CSE) and the Securities and Exchange Commission of Sri Lanka (SEC) recently launched "Empower", a …
Opinion: Lessons from Lakshman Kadirgamar, a master networker in a pre-Linkedin world
By Ajita Kadirgamar July 16, 2018 (LBO) - Long before the advent of the internet, social media and professional networking sites such as LinkedIn, …
Sri Lanka remains Human Rights Priority Country of UK with limited progress
July 16, 2018 (LBO) – Sri Lanka remains a priority country in the United Kingdom’s Annual Human Rights Report 2017. Sri Lanka is one of 30 …
Capital Trust Residencies wins multiple awards at Asia Property Awards 2018
Capital TRUST Residencies (Pvt) Ltd clinched four prestigious awards at the PropertyGuru Asia Property Awards 2018 held at Shangri-La Hotel Colombo …
EU, Canada, Norway diplomatic missions oppose death penalty in Sri Lanka
July 16, 2018 (LBO) – Delegation of the European Union (EU) to Sri Lanka and diplomatic missions of Canada and Norway have strongly and …
France beat Croatia 4-2 to secure second FIFA World Cup title
July 16, 2018 (LBO) – France have won the 2018 FIFA World Cup Russia after defeating Croatia 4-2 in a thoroughly entertaining Final at the Luzhniki …
National Export Strategy to be launched this week
Jul 16, 2018 (LBO) - Sri Lanka is to launch a long-awaited National Export Strategy (NES) later this week on the 19th. "The National Export Strategy …
Tire maker Michelin acquires Camso
Jul 16, 2018 (LBO) - Michelin, a tire company has acquired Camso, an off-the-road (OTR) track and tire company, for US 1.45 billion dollars. The …
Sri Lanka – Singapore FTA: Over USD 16Bn investment projects under discussion
Jul 16, 2018 (LBO) - Projects with a total investment value of over US 16 billion dollars mainly in manufacturing for exports are the first projects …
Sri Lanka Sotheby’s international reality sign up Sapphire residences
Jul 16, 2018 (LBO) - Sri Lanka Sotheby’s International Realty the global marketing agents for the ultra-prestige residential development Sapphire …
CEB interdicts DGM Energy Purchases for refusing to pay ACE Embilipitiya
Jul 16, 2018 (LBO) - The Deputy General Manager, Energy Purchases of Ceylon Electricity Board (CEB) says that the Government should not pay the 100 …
Let technology be an opportunity, not a challenge: IFAC President tells CA Sri Lanka
President of the International Federation of Accountants (IFAC) Ms. Rachel Grimes called on Chartered Accountants to embrace the technological …
CSE to host briefing event for potential Empower Board sponsors
Colombo Stock Exchange (CSE) and the Securities and Exchange Commission (SEC) recently launched "Empower", a listing platform fostering capital …
Thai-Sri Lanka FTA talks launched; USD1.5bn mutual trade expected by 2020
July 13, 2018 (LBO) – Sri Lanka and Thailand on Friday officially declared the launch of negotiations for the proposed Free Trade Agreement (FTA) …
Colombo stocks up for the week on sluggish turnover, foreign selling continues
July 13, 2018 (LBO) - Colombo stocks finished the week up, snapping the downtrend that persisted for the past several weeks. The All Share Price …
Sri Lanka seeks investments from France for Megapolis project
July 13, 2018 (LBO) – Sri Lanka recently concluded an investment forum in France aimed at attracting foreign investments for the Megapolis project …
Fitch removes Rating Watch Negative on Distilleries; affirms at AAA(lka)
July 13, 2018 (LBO) – Fitch Ratings has removed the Rating Watch Negative on Distilleries Company's National Long-Term Rating, and has affirmed the …