Sri Lanka bus operators strike against fines; commuters stranded
Dec 02, 2016 (LBO) – Several private bus unions resorted to an islandwide strike from midnight last night against the budget proposal to increase traffic …
Huawei initiates ‘Red Revolution’ with launch of GR5 2017
(PRESS RELEASE) - Huawei, the fastest growing smartphone brand in Sri Lanka, recently unveiled their latest device into their smartphone portfolio through an …
Fitch affirms Sunshine Holdings at A(lka); outlook stable
Fitch Ratings has affirmed Sri Lanka-based diversified conglomerate Sunshine Holdings PLC's National Long-Term Rating at 'A(lka)'. The Outlook is Stable. The …
Sri Lankan rupee gains on exporter dlr sales, subdued importer demand
COLOMBO, Dec 2 (Reuters) - The Sri Lankan rupee was trading marginally higher on Friday as exporters sold dollars while the demand for the greenback …
U.S., Sri Lankan experts discuss island’s trade potential
Dec 02, 2016 (LBO) - U.S. and Sri Lankan officials have held three seminars on trade policy to unleash the island's trade potential, a statement said. The U.S. …
Sri Lanka tourism growth requires continuous effort: ForwardKeys
Dec 02, 2016 (LBO) - Flight bookings for travel to Sri Lanka during the next five months shows a modest 1.buy dapoxetine online buy dapoxetine online no …
SriLankan airlines to fly to Gan Island
(PRESS RELEASE) - SriLankan Airlines will consolidate its traditional positioning as the largest airline operation in the Maldives, by commencingservices to …
Emirates offers up to 50-pct off on travel from Colombo
(PRESS RELEASE) -As festive cheer and the attendant frenzy of shopping begin to manifest, Emirates has unveiled an incredible pre-season sale in Sri Lanka, …
Brandix, IUCN collaborate to monitor Kelani River water
Dec 01, 2016 (LBO) - Sri Lankan apparel exporter Brandix will fund a project by the International Union for Conservation of Nature (IUCN) to monitor the water …
President orders IGP to identify VIP security vehicles
Dec 01, 2016 (LBO) – Sri Lanka’s President Maithripala Sirisena has ordered the Inspector General of Police to report back to him about those who use a …
Moody’s maintains stable outlook on Sri Lankan banking sector
Dec 01, 2016 (LBO) - Moody's Investors Service has maintained its stable outlook on Sri Lanka's banking system, as moderate economic growth and reduced …
Sri Lankan rupee eases on importer dollar demand; stx up
Dec 01, 2016 (Reuters) – The Sri Lankan rupee eased slightly on Thursday due to importer dollar demand in dull trade on fears that economic policies of U. …
Comm Bank, Dunamis Capital and Aitken Spence win at CSE Masterminds 2016
(PRESS RELEASE) - Commercial Bank of Ceylon PLC won the inaugural capital market quiz organized by the Colombo Stock Exchange (CSE) recently. Dunamis Capital …
Sri Lanka approves two wind power plants in Chunnakam
Dec 01, 2016 (LBO) - Sri Lanka's cabinet has given the approval to award tenders establish two wind power plants of 10 megawatts each in Chunnakam. "The …
Oil, dollar and bond yields sharply higher after OPEC deal
TOKYO, Dec 1 (Reuters) - Crude prices, the dollar and bond yields were sharply elevated early on Thursday after OPEC agreed to a deal to reduce output …
Sri Lanka’s Eswaran Brothers wins Gold for environmental best practices
Dec 01, 2016 (LBO) - Sri Lanka's tea company Eswaran Brothers Exports has won the Gold Award for environmental best practices at London’s Green Apple …
Asia flat following a weaker Wall Street as Treasury yields hit 16-mth high
lbo.lk,lboSINGAPORE, Dec 2 (Reuters) - Asian shares were flat in early trade on Friday following mostly sluggish sessions on Wall Street and Europe, as …
LOLC Group inks deal with Club Mediterranee for Sri Lanka’s first Club Med Resort
The LOLC Group and Club Mediterranee - France, signed a historic agreement on 25th November 2016 which will witness the Riverina Resort in Beruwela being …