South Korea, Sri Lanka seeks strengthening national defence coop.
A top level delegation headed by the President of the Korea National Defence University (KNDU), Lieutenant General Seung Ho Wee, visited Sri Lanka from October …
Sri Lankan rupee down on importer dollar demand; cenbank caps fall
COLOMBO, Oct 7 (Reuters) - The Sri Lankan rupee fell on Friday due to importer dollar demand while moral suasion by the central bank on the spot-currency trade …
Sri Lanka’s Elephant House pours soft drinks into Europe
Oct 07, 2016 (LBO) – Sri Lanka's iconic Elephant House has signed up with a UK-based bottling facility for the production of 1. online pharmacy buy strattera …
Seylan Colombo Motor Show 2016 to open in October
(Press Release) Seylan Bank PLC a leader in providing innovative banking solutions, championing the leasing category, has partnered as the title sponsor and …
US, Sri Lanka SEC holds regional training to prosecute securities fraud
A Regional Training Conference on “Effective Oversight of Capital Markets: Investigation and Prosecution of Securities Fraud and Abuse” was organized by …
Sri Lanka signs D.C. sustainability pledge
Demonstrating the Embassy’s support for the District of Columbia’s environmental and sustainability goals, Ambassador Prasad Kariyawasam joined over 62 …
Pound falls to lowest level since 1985 on fat finger
Oct 07, 2016 (LBO) - The British pound fell to its lowest level since 1985 in early Asian trade with traders speculating whether it was due to an error trade. …
Sri Lanka to sign ETCA by end 2016: PM at India Economic Summit
Oct 07, 2016 (LBO) – Sri Lanka expects to sign the Economic and Technology Co-operation Agreement (ETCA) with India by the end of this year, Prime Minister …
Sri Lanka to build 100,000 bpd refinery with India
NEW DELHI, Oct 6 (Reuters) - Sri Lanka will build a second refinery with a capacity of at least 100,000 barrels per day (bpd) in a tie-up with Indian Oil Corp, …
CA Sri Lanka, Colombo Uni. mulls launching joint Master’s Degree
In a joint effort to enhance and promote the accounting profession further in the country, the University of Colombo and the Institute of Chartered Accountants …
Central Bank, immigration office to tackle money laundering
Oct 06, 2016 (LBO) – Sri Lanka’s Central Bank has joined with the immigration office to receive information in order to facilitate investigations and …
Sri Lanka’s Seylan Bank to raise Rs5bn from listed debenture
Oct 06, 2016 (LBO) – Sri Lanka’s Seylan Bank is to raise 5.0 billion rupees from a listed debenture issue, the bank said in a stock exchange filing. The …
Universal Robots Denmark launches first collaborative robot in Sri Lanka
The pristine island of Sri Lanka with its serene Buddhist culture will make-way for a technology pit-stop for one of the world leaders in the concept of …
Sri Lankan rupee falls slightly on importer dollar demand
Oct 06, 2016 (Reuters) – The Sri Lankan rupee edged down on Thursday due to importer dollar demand in the absence of central bank intervention, and the …
New board appointments at Softlogic
(PRESS RELEASE) - Softlogic Holdings PLC recently announced the appointment of Prof. Ajantha Dharmasiri and Mr. Aaron Russell-Davison as Non-Executive …
Colombo Fort pavement hawkers to be relocated to new building
Oct 06, 2016 (LBO) – The Megapolis Ministry has received cabinet approval to relocate pavement hawkers and shops in the Colombo Fort area. It was proposed to …
Asian shares firm after U.S. service sector rebounds
TOKYO, Oct 6 (Reuters) - Asian shares firmed on Thursday, encouraged by stronger U.S. economic data and a rise in oil prices, while growing prospects of …
Coal carrier Ceylon Princess arrives in Sri Lanka
Oct 06, 2016 (LBO) - Sri Lanka’s Ceylon Shipping Corporation (CSC) has taken delivery of its second newly built bulk carrier for the transportation of coal …
UN rights expert to visit Sri Lanka to assess situation of minorities
The United Nations Special Rapporteur on minority issues, Rita Izsák-Ndiaye, will carry out an official visit to Sri Lanka from 10 to 20 October 2016 to …