Sri Lanka’s Merchant Bank to raise Rs2bn in listed debenture
Apr 03, 2017 (LBO) – Merchant Bank of Sri Lanka and Finance is planning to raise as much as two billion rupees from a sale of debenture which will be quoted …
Australia’s International Development Minister to visit Sri Lanka
Australia’s Minister for International Development and the Pacific, Senator the Hon Concetta Fierravanti-Wells, will visit Sri Lanka on 4-7 April. online …
Achilleion to provide Sri Lanka’s 1st 7 Star luxury experience
(PRESS RELEASE) - Sri Lanka’s Blue Mountain, a real-estate firm is offering an exclusive opportunity to customers who pre-book by 20th April 2017 to …
Huawei announces FY16 results, Revenue up 32-pct
(PRESS RELEASE) - Huawei released its audited financial results for 2016, reporting that its Carrier, Enterprise, and Consumer business groups (BGs) each …
WIPO supports Sri Lanka’s legislation on Traditional Knowledge
Apr 03, 2017 (LBO) - The World Intellectual Property Organization (WIPO) will support Sri Lanka's efforts to draft a national policy on 'Traditional Knowledge' …
Japanese firm buys 11-pct of Sri Lanka’s Sunshine Holdings
Apr 03, 2017 (LBO) - Japan’s SBI Ven Holdings, an investment holding company, bought a 11 percent stake in Sri Lanka's Sunshine Holdings for 742.5 million …
Young Chartered Accountants show off driving skills at Fun Drive 2017
A large group of vehicle enthusiasts who are also young chartered accountants came together recently to show off their driving skills at the Fun Drive 2017 …
Sri Lanka explores Digital Identity Council for citizen data
Mar 31, 2017 (LBO) – Sri Lanka seeks to establish a Digital Identity Council to implement the national policy on collection, storage, sharing and use of …
Sri Lanka railway to provide backpacker tourist accommodation
Mar 31, 2017 (LBO) – Sri Lanka's Tourism Development Authority together with the Railway Department will explore providing tourist accommodation to budget …
Trump to review trade abuses by other countries within 3 months
Mar 31, 2017 (LBO) – US President Donald Trump is to sign executive orders Friday to identify trade abuses carried out by other countries and to conduct a …
EU to present draft guidelines for UK’s departure from bloc
Mar 31, 2017 (LBO) - Donald Tusk, president of the European Council will present draft guidelines for the British withdrawal to the 27 member states in Malta, …
Ceylon Chamber welcomes govt decision to postpone SVAT abolition
Mar 31, 2017 (LBO) – Sri Lanka’s Ceylon Chamber of Commerce has welcomed the decision by the Finance Ministry to postpone the abolition of the SVAT system …
JAT sponsors Bangladesh – Sri Lanka cricket series as associate sponsor
JAT Holdings continue its commitment to the upliftment of sport in the region by sponsoring the Bangladesh– Sri Lanka cricket series 2017 as an Associate …
Sri Lanka to receive Yen grant for Trinco port development
Mar 30, 2017 (LBO) – Sri Lanka’s Prime Minster is to sign exchange of notes for a grant assistance of one billion yen (1.3 billion rupees) from Japan for …
Sri Lanka to build two luxury hotels at Katunayake Airport
Mar 30, 2017 (LBO) – Sri Lanka’s cabinet is expected to approve a proposal to lease out two blocks of land at the Katunayake International Airport to build …
Sri Lanka Finance minister meets Commonwealth Secretary General Patricia Scotland
(PRESS RELEASE) - A meeting between Commonwealth Secretary General Patricia Scotland and Finance Minister Ravi Karunanayake was held recently. The meeting …
Sri Lanka to set up Public Enterprises Board for managing SOEs
Mar 30, 2017 (LBO) - The Sri Lankan government is in the process of setting up a Public Enterprises Board to manage loss-making state-owned enterprises (SOEs), …