Sotheby’s International Realty partners with Catalina Koggala’s luxury villa development
July 12, 2018 (LBO) - Sri Lanka Sotheby’s International Realty today announced an agreement to work with Catalina Koggala, Sri Lanka’s premiere …
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Tripartite MOU signed between BOI, EDB & Business France to enhance trade
A Memorandum of Understanding was signed between the Board of Investment of Sri Lanka, the Export Development Board of Sri Lanka and Business France …
Arpico Finance, Associated Motor Finance merger to be completed by Nov 2019
July 12, 2018 (LBO) – Process of amalgamating Associated Motor Finance (AMF) with Arpico Finance Company (AFC) which commenced in August 2017 is …
Government uses an unseen formula to manipulate fuel prices: MR
July 12, 2018 (LBO) – Sri Lanka’s ex-President Mahinda Rajapaksa alleges the government for what he called fleecing the public through fuel price …
British High Commissioner to Sri Lanka visits LSEG Sri Lanka
A delegation led by British High Commissioner to Sri Lanka and Ambassador to Maldives, H.E. James Dauris visited London Stock Exchange Group (LSEG) …
Amnesty International against Sri Lanka on death penalty
July 12, 2018 (LBO) – Sri Lanka must pull back from any plans to implement the death penalty and preserve its longstanding positive record on …
Ambeon Holdings announces an interim dividend of 1.25 rupees per share
Subsequent to the transformation and repositioning of the Ambeon Group, which included restructuring of its diversified businesses to bring about …
Sri Lankan scents inspire high fashion fragrance
July 12, 2018 (LBO) - Sri Lankan scents are the inspiration for one of the latest perfumes by Boucheron Paris. online pharmacy buy diflucan with best …
Tri Forces for controlling drugs, President ready to execute death penalty
July 12, 2018 (LBO) – Sri Lanka’s cabinet has approved a proposal to draft a Drug Controlling Special Provision Bill empowering the authorities …
Transparency in tender procedures vital for attracting FDI inflows to Sri Lanka :EU
Jul 11, 2018 (LBO) - The 6th EU- Sri Lanka investor dialogue was held at the Ministry of Development Strategies and International Trade recently. …
Cabinet approves Light Rail Transit Project from Colombo Fort to Malabe
July 11, 2018 (LBO) – Cabinet nod has been received to implement an elevated Light Rail Transit (LRT) line from Multi-Modal Transport Centre in …
First Capital downgrades exchange rate target to 161 rupees for end 2018
July 11, 2018 (LBO) – First Capital Research said they downgraded their exchange rate target from 159 rupees to 161 rupees per dollar for end 2018 …
Prevailing political uncertainty affects investor confidence: First Capital Research
July 11, 2018 (LBO) – Prevailing policy uncertainty created through the political uncertainty is a major deterrent which may slow down the gradual …
Pidilite opens new adhesive manufacturing plant in Polgahawela
Jul 11, 2018 (LBO) - A state-of-the-art manufacturing plant of Pidilite Lanka (Private) Limited was formally commissioned at Polgahawela in Sri …
Sri Lanka to bring down Chinese suppliers who supply canned fish with worms
Stepping in and mediating on time, Sri Lanka has successfully turned around the issue of spoilt canned fish imports muddle following in-depth and …
Sri Lanka President, Fin Min agree to go ahead with fuel price formula, Prices hiked
Jul 10, 2018 (LBO) - Sri Lanka's President and Finance Minister following meeting earlier Tuesday decided to revise its fuel prices according to an …
Central Bank instructs SFSP to pay 10-pct of deposit liabilities from today
July 10, 2018 (LBO) – Monetary Board of the Central Bank has instructed Swarnamahal Financial Services PLC (SFSP) to pay urgently 10 percent of …
Simplifying exporter registration process is critical for export success: Study
July 10, 2018 (LBO) – Sri Lanka’s current exporter registration process is unnecessarily lengthy, inefficient and unduly burdensome especially …
Thailand PM to visit Sri Lanka, negotiations for a possible FTA
July 10, 2018 (LBO) – Prime Minister of Thailand, General Prayut Chan-o-cha will undertake an official visit to Sri Lanka on 12 and 13 July 2018. …
Michael Ondaatje’s ‘The English Patient’ voted best Booker Prize winner in history
July 10, 2018 (LBO) - Sri Lankan born Michael Ondaatje's novel "The English Patient" has been voted the best Man Booker Prize winner ever in the 50 …
Sri Lanka needs to politically, financially revitalize and empower local governments: PM
Jul 10, 2018 (LBO) - Sri Lanka's Prime Minister said that the island needs to reconsider the structure of it's local governments as concepts such as …
Singapore Prime Minister hosts luncheon for Sri Lanka delegation
July 09, 2018 (LBO) – Sri Lanka delegation led by Premier Ranil Wickremesinghe has graced a luncheon hosted by Singapore Premier Lee Hsien Loong …
World Finance Banking Awards recognize Sampath Bank as Best Retail and Commercial Bank
Sampath Bank was recognized as Sri Lanka’s ‘Best Retail Bank’ and ‘Best Commercial Bank’ for the 5th consecutive year at the prestigious …
SLASSCOM elects new chairman, board, and general council for 2018/2019
Jul 09, 2018 (LBO) - SLASSCOM, a representative body that represents growth of the Sri Lankan IT and BPM Industry elected Jeevan Gnanam, chief …