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HNB concludes Syndicated Term Loan for Sri Lanka’s first waste to energy plant

Hatton National Bank as the Lead Arranger of the Syndicated Loan together with People’s Bank, DFCC and Bank of Ceylon signed off Loan Agreements to …

Elephant House commissions one of Asia’s most modern ice cream factories

Elephant House recently commissioned one of the most modern ice cream manufacturing facilities in Asia. online pharmacy buy diflucan with best prices …

First Capital records highest ever PAT of Rs. 1.96 billion in 17/18

First Capital Holdings PLC (The Group) the only listed investment bank in Sri Lanka, recorded its highest ever Consolidated Profit after Tax of Rs …

Nawala, Dehiwala and Rajagiriya continue as property hot-spots : Report

By Lanka Property Web  A recent study done by LankaPropertyWeb.com reveals the average residential land prices around Colombo and which areas the …

Sri Lanka inks deal with Chinese firm for flood mitigation in Colombo

May 31, 2018 (LBO) - Sri Lanka's Ministry of Megapolis and Western Development signed an agreement with the China Petroleum Cooperation to construct …

Sri Lanka signs agreement for gas exploration services

May 31, 2018 (LBO) - Sri Lanka's Minister of Petroleum Resources Development, signed an agreement with Eastern Echo DMCC, subsidiary of a major …

Sri Lanka’s JKH Group PBT up 21-pct to Rs.27.6Bn

John Keells Group profit before tax (PBT) increased by 21% to Rs. online pharmacy buy strattera with best prices today in the USA 27.63 billion for …

Deshamanya A S Jayawardena: The banker’s banker

Deshamanya A S Jayawardena was the tenth Central Bank Governor, functioning in the position from November 1995 to June 2004. He joined the Central …

Crafting Sustainable Hospitality Management with KPMG

KPMG Maldives hosted an interactive workshop on hospitality management on the topic of “Crafting Sustainable Hospitality Management” on 20th …

Delegation of U.S. Congress members meets Prime Minister

May 30, 2018 (LBO) – A delegation of Congress members of United States met Prime Minister Ranil Wickremesinghe at Temple Trees today. online …

Scandinavian countries invest 23-pct of total foreign purchases in 2018: CSE

May 30, 2018 (LBO) – Investment flows from the Scandinavian region to the Sri Lankan stock market have made a noteworthy improvement in recent …

Panasian records stellar growth; to explore opportunities in Africa & SEA

Panasian Power PLC (PAP.N), one of Sri Lanka’s leading green energy solutions providers, posted a profit before tax of Rs. 207.5 million for the …

Vesak celebrated in the European Parliament for the first time

For the first time in the European Parliament in Brussels, Vesak as a day of international observance was marked with a special ceremony on Thursday, …

Colombo Port shows second highest growth rate in global port rankings

May 30, 2018 (LBO) – Colombo Port has been ranked as the port that shows the second highest growth rate among container ports worldwide, Sri Lanka …

XpressJobs becomes Sri Lanka Institute of Marketing preferred recruitment provider

XpressJobs.lk signed a partnership with SLIM (Sri Lanka Institute of Marketing) as SLIM’s preferred recruitment provider on May 24th 2018. This …

Global black tea production to go up 2.2-pct annually over next decade: Report

May 28, 2018 (LBO) – World production of black tea is projected to rise annually by 2.2 percent over the next decade to reach 4. buy doxycycline …

CAL to create platform Sri Lankan investors can access regional capital markets

Capital Alliance (CAL) has signed an MoU with AKD Securities Limited and Pakistan and Lanka Bangla Securities Limited in Bangladesh with the …

Dollar strengthening combines with political uncertainty in Sri Lanka: Moody’s

May 28, 2018 (LBO) – Strengthening of the Dollar in Sri Lanka has combined with domestic political uncertainty, weighing on the rupee, Moody’s …

Melstacorp enters into USD20mn joint venture to distribute cement

May 25, 2018 (LBO) – Melstacorp has entered into a joint venture agreement with Pyramid Gama (Private) Limited for importation, processing, …

JVP hands over draft proposal of 20th amendment to the Constitution to Speaker

The JVP today handed over the draft proposal of the 20th amendment to the Constitution as a private members bill to the Speaker of

Listed Sri Lanka hospitals have strong growth prospects: Fitch

May 25, 2018 (LBO) - Listed hospitals in Sri Lanka will continue to grow strongly given growing demand for private health care, although regulatory …

VAT to be reduced by 2.5-pct by 2020 : Fin Min

May 25, 2018 (LBO) - Sri Lanka will reduce Value Added Tax (VAT) by 2.5 percent in 2020 in order to relieve masses of the burden of indirect taxes, …

Finance Minister appoints Ranel Tissa Wijesinha as new Chairman of SEC

May 24, 2018 (LBO) – Finance and Media Minister has appointed Ranel Tissa Wijesinha as the new Chairman of the Securities and Exchange Commission …

Austrian banks grant Rs2.7bn interest free loans for university & health sectors

May 24, 2018 (LBO) – Two Austrian banks have provided over 2.7 billion rupees worth interest free loans for health sector development and to …