Sri Lanka to modernize procurement with electronic system
Feb 21, 2017 (LBO) - Sri Lanka will be making its public procurement more efficient and transparent with the introduction of an electronic system, the minister …
Sri Lanka rated ‘Mostly Unfree’ in new report: Heritage Foundation
Feb 21, 2017 (LBO) - Sri Lanka slipped to be rated as a ‘Mostly Unfree’ country this year in the Index of Economic Freedom, with the lack of government …
Sri Lanka sets up WTO backed mechanism for export compliance
(PRESS RELEASE) - Recording a pioneering initiative in Sri Lanka’s exports history, the country is moving to set up the first ever national level mechanism …
President inaugurates 4th SAARC Public Procurement Conference
(PRESS RELEASE) - The Fourth South Asia Region Public Procurement Conference commenced under the patronage of President Maithripala Sirisena in Colombo, …
Sri Lanka’s public sector expanded 39-pct during past decade
Feb 21, 2017 (LBO) – Sri Lanka’s public sector, excluding the semi government sector and three forces, expanded 39 percent in the last ten years, a census …
Easy solution for paying parking fees with new App
As the population of Colombo increases daily, the congestion on the roads is on a rise. buy tamiflu online …
Sri Lanka may stop hydro power generation by end April
Feb 20, 2017 (LBO) – Sri Lanka will have to stop hydro power generation by the end of April if the prevailing dry weather condition continues, the power …
Sri Lanka Central Bank launches data library for public use
Feb 21, 2017 (LBO) - The Central Bank of Sri Lanka (CBSL) has launched a data library for the general public to use via the CBSL external website. "Data …
Sri Lanka Participates in SATTE Travel Exhibition in New Delhi, India
(PRESS RELEASE) - Forty seven Sri Lankan companies, Sri Lanka Tourism Promotion Bureau and Sri Lankan Airlines participated at the South Asia Travel & Tourism …
World’s largest car, truck carrier to call at Hambantota port
Feb 20, 2017 (LBO) - MV Hoegh Tracer, the world’s largest pure car and truck Carrier (PCTC), belonging to Hoegh Autoliners AS, Oslo, is scheduled to call at …
Data science enthusiasts gather for 4th Colombo big data meetup
The fourth session of the Colombo Big Data Meetup was held at VirtusaPolaris recently, where industry professionals discussed the latest findings in Big Data …
Asia shares adrift for US holiday, focus on Unilever
SYDNEY, Feb 20 (Reuters) - Asian share markets were mixed on Monday as political uncertainty globally kept the mood cautious, while the U.S. dollar recouped …
Sri Lanka-Singapore FTA to be finalised in 2017: Singapore PM
Feb 20, 2017 (LBO) - The Free Trade Agreement (SLSFTA) between Sri Lanka and Singapore will hopefully be finalised this year, Singapore Prime Minister Lee …
CCC releases note to help businesses adjust to trade liberalisation
The Ceylon Chamber of Commerce today released a document containing recommendations on helping Sri Lanka’s industries prepare for trade liberalization. …
Sri Lanka to review public sector cadre, redeploy excess
Feb 17, 2017 (LBO) – Sri Lanka will conduct a cadre review to determine the total cadre requirement of the public sector and provincial councils. The review …
DFCC partners with AIA to offer new Bancassurance solutions
DFCC Bank recently entered into an exclusive long-term Bancassurance partnership with renowned insurance service provider, AIA. The partnership will offer all …
Sri Lanka to forge ahead despite external pressures: Ravi
Feb 17, 2017 (LBO) - Sri Lanka's finances are improving despite global turmoil, Brexit and higher interest rates in the US, backed by a Fitch Ratings outlook …