Sri Lanka inflation down to 3.2-pct in Feb 2018
Mar 22, 2018 (LBO) - Sri Lanka's National Consumer Price Index (NCPI) slowed to 3.2 percent in February 2018 from 5. online pharmacy buy abilify …
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President Maithripala Sirisena to visit Pakistan tomorrow
At the invitation of the President of Pakistan Mamnoon Hussain, President Maithripala Sirisena will undertake a three day official visit to Pakistan …
Government to borrow up to USD300mn from banks in 1Q 2018
Mar 21, 2018 (LBO) – Cabinet approval has been granted on Tuesday to obtain up to a maximum of 300 million US Dollars from banks. Accordingly, …
The One, landmark mixed development to cost USD500Mn plus
Ultra luxury, state of the art hospitality, breathtaking surroundings, signature amenities, world class dining experiences, three towers comprising …
Dialog and Ideamart host Sri Lanka’s first ever NB-IoT Hackathon
Dialog Axiata PLC, Sri Lanka’s premier connectivity provider, in collaboration with Ideamart, hosted Sri Lanka’s first NB-IoT Hackathon (NB-IoT: …
Multi Finance PLC enables sustainable transactions with “Each One Plant One” campaign
With a proud heritage of over 4 decades in business, Multi Finance PLC has been a source of strength to businesses, and entrepreneurs in the …
Orion City and Dialog partner to build High Density Data Centre
Mar 21, 2018 (LBO) - Sri Lanka’s Dialog Axiata Group announced a joint venture partnership with Orion City to build and manage the island’s …
National Financial Inclusion Strategy of Sri Lanka by mid-2019
Mar 21, 2018 (LBO) - Sri Lanka's Central Bank expects to implement the National Financial Inclusion Strategy of Sri Lanka by mid-2019, Dr. Indrajit …
Sri Lanka economy grew 3.1-pct in 2017: Statistics Dept.
Mar 20, 2018 (LBO) – Sri Lanka’s statistics office says economic growth rate for the year 2017 has been estimated as 3.1 percent. Agriculture, …
Brandix and VTA signs MoU for skills development in apparel industry
Mar 20, 2018 (LBO) - Brandix Group and the Vocational Training Authority of Sri Lanka (VTA) recently signed two Memoranda of Understanding (MoU) …
Data is the lifeblood of decision-making
Mar 20, 2018 (LBO) - Data is the lifeblood of decision-making, without which policy makers are unable to make informed, effective and evidence-based …
Business mission from New Zealand to arrive in April
Mar 20, 2018 (LBO) – A group of 20 delegates representing 13 innovative New Zealand companies will arrive in Colombo on 2nd April for a 3-day visit …
SriLankan Airlines relocates FlySmiLes Service Centre
FlySmiLes, the frequent flyer programme of SriLankan Airlines, has relocated its Service Centre, in order to provide an enhanced service to its …
Dialog invests Rs262.5mn for new Data Centre JV in Sri Lanka
Mar 20, 2018 (LBO) – Dialog Broadband Networks, a fully owned subsidiary of Dialog Axiata has entered into a joint venture with St. Anthony’s …
Sri Lanka must enhance fiscal income to offset narrowing external drains: Fin Min
Mar 19, 2018 (LBO) - Sri Lanka's Finance minister says the island must optimize utilizing local resources with a well-managed and efficient tax …
Fitch affirms HNB Assurance and HNB General Insurance ratings
Fitch Ratings Lanka has affirmed Sri Lanka-based HNB Assurance PLC's (HNBA) National Insurer Financial Strength (IFS) Rating and National Long-Term …
Marapana, Amunugama & Faiszer to represent Sri Lanka at UNHRC
Mar 19, 2018 (LBO) – Sri Lanka’s delegation to the 37th session of the UNHRC will include Foreign Minister Tilak Marapana, Special Assignments …
Sri Lanka official reserves rebound to USD7.9bn in February
Mar 16, 2018 (LBO) – Sri Lanka’s gross official reserves have improved to 7,914.33 million US dollars by the end of February from 7,672.75 …
Sri Lanka lifts ban on Facebook
Mar 15, 2018 (LBO) - Sri Lanka's President Maithripala Sirisena has instructed the Telecommunications Regulatory Commission to lift the ban on …
Singapore remains world’s most expensive city in 2018
Mar 15, 2018 (LBO) – The results of this year’s Worldwide Cost of Living survey reveal that Singapore is the most expensive city in the world for …
Sri Lanka up four notches in World happiness ranking
Mar 15, 2018 (LBO) - Sri Lanka has moved up to 116 position with a score of 4.471 from 120 in the World Happiness Report 2018. The report ranks 156 …
South Asian University established by SAARC nations, announces admission
New Delhi: The South Asian University, established by the 8 SAARC nations including Sri Lanka, has announced its admission schedule to its Masters …
Sri Lanka looks to Japan for assistance in waste management
Mar 15, 2018 (LBO) - President Maithripala Sirisena, making an observation tour of modern waste management centre in Japan said he would inquire …
Sri Lanka’s restrictions on WhatsApp to be removed at midnight: Official
Mar 14, 2018 (LBO) - The Telecommunications Regulatory Commission of Sri Lanka (TRCSL) said the ban on phone messaging application WhatsApp will be …