Sri Lanka’s high-end condos under pressure, no bubble yet
Sept 06, 2017 (LBO) - Sri Lanka’s luxury residential condominium prices would stagnate or come down in 2018-2020 due to large levels of unabsorbed supply, …
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Sri Lanka Inland Revenue bill to be passed by Aug 25th, all concerns addressed: Fin Min
Aug 18, 2017 (LBO) - Sri Lanka's Inland Revenue bill will presented in Parliament next week and passed by August 25th, with most of the concerns raised …
Sri Lanka income tax bill to parliament by August
July 21, 2017 (LBO) - Sri Lanka's Finance Minister Mangala Samaraweera said he is expecting to present the new income tax act to parliament in August and and …
No coal in Sri Lanka’s PUCSL approved long-term power generation plan
July 20, 2017 (LBO) - Sri Lanka's Public Utilities Commission has approved an alternate Least Cost Long Term Generation Expansion Plan (LCLTGEP) 2018- 2037 of …
New trade policy can help to reduce anti-export bias: World Bank
July 05, 2017 (LBO) - Sri Lanka has grown rapidly in the past but the non-tradable drivers of such growth are unlikely to remain adequate for inclusive and …
Reforms in Sri Lanka urgent but need to limit cost to the poor: WB
June 30, 2017 (LBO) - Sri Lankan government led reforms to improve competitiveness, maintain macro-fiscal stability and strengthen institutions, with broad …
Asbestos industry warns of economic, social and environmental impact from ban
June 29, 2017 (LBO) – Sri Lanka's Minister of Technology and Research said that he was awaiting reports regarding the safe use of Chrysotile, a type of …
Opinion : Building the future, infrastructure in ASEAN and South Asia
By Anna Marrs ASEAN and South Asia are building infrastructure at an unprecedented rate. Anyone who travels the capital cities of this region knows it for a …
Sri Lanka’s petroleum unions warn of another strike next week
May 17, 2017 (LBO) - The Ceylon Petroleum Corporation (CPC) unions have in a letter informed the Premier that they will re- commence halted strike action next …
Sri Lanka BIA runway renovation ahead of schedule
Mar 17, 2017 (LBO) - Sri Lanka's renovation of the Bandaranaike International Airport (BIA) runway is expected to be completed ahead of schedule, the minister …
90-pct of Sri Lankan women experience sexual harassment on public transport: Study
Feb 28, 2017 (LBO) - A nationwide study commissioned by the United Nations Population Fund (UNFPA) revealed that 90 percent of women and girls in Sri Lanka …
SAITM says ready to forge ahead amid protests
Feb 08, 2017 (LBO) - South Asian Institute of Technology and Medicine (SAITM) says they are ready for the rough road ahead and will push ahead despite …
Sri Lanka President urged to probe MPs tax-free car permits
Feb 07, 2017 (LBO) - President Maithripala Sirisena has been requested to conduct, through the Commission to Investigate Bribery or Corruption (CIABOC), a …
Janashakthi reports Profit Before Tax of Rs.894 million in nine months ended 30th September
(PRESS RELEASE) - Janashakthi Insurance PLC (Janashakthi) reported a consolidated Profit Before Tax (PBT) of Rs.894 million for the nine months ended …
‘Soft Power for Peace and Development’ – Remarks by Irina Bokova, DG, UNESCO
(SPEECH TEXT) - I am deeply honoured to speak at the Lakshman Kadirgamar Institute for International Relations and Strategic Studies. Lakshman Kadirgamar was a …
Opinion: Is it time to close the Dehiwela Zoo?
Jul 05, 2016 (LBO) – I long for a Sri Lanka where our animals enjoy the same freedom and protection from fear and harm as people do, and are respected and …
Commercial Bank adds crosscurrency transactions to Online Banking
The Commercial Bank of Ceylon has added a new dimension to its Online Banking platform by enabling foreign currency account holders to carry out fund transfers …
Interview: PickMe has 4,000 vehicles on road, expands to Kandy
Jun 20, 2016 (LBO) - ‘PickMe,’ Sri Lanka's own mobile taxi hailing solutions provider, says they have close to 4,000 vehicles on the road, with over 2,000 …
Sri Lanka’s Dialog demonstrates internet speed of 1 Gbps
Jun 18, 2016 (LBO) - Sri Lanka's Dialog telecom, a unit of Malaysia's Axiata Group, said they established the capability to deliver super broadband …
Kia introduces Sri Lanka to its latest addition to iconic range
Kia Motors (Lanka) has announced that the new Kia Soul, the Korean car marker’s inimitable compact crossover SUV, has arrived in Sri Lanka exclusively for …