China positive on trade, investment says Malik after visit
Mar 02, 2016 (LBO) – China is positive about Sri Lanka’s prospects as a strategically located platform for trade, investment and tourism, a statement …
Moody’s changes outlook on China credit rating to negative
Mar 02, 2016 (LBO) – Moody's Investors Service has today changed the outlook to negative from stable on China's government credit ratings, while affirming …
Oil hits near two-month high on supply slowdown
Mar 02, 2016 (LBO) - Oil hit a near two-month high on Wednesday on the possibility that a global oversupply of crude oil has begun to shrink. online pharmacy …
ETCA panic unfounded: Sujeewa Senasinghe
The proposed Economic & Technical Agreement (ETCA) with India needs to be viewed beyond the vilifying exaggerations made against it for quick political …
Early wins for Clinton, Trump in nomination race
Mar 02, 2016 (LBO) - Hillary Clinton and Donald Trump both won several states in the race for US presidential nomination in results released so far. online …
Sri Lanka’s Central Bank to sell USD200mn worth development bonds
Mar 01, 2016 (LBO) – The Central Bank will issue 200 million US dollars of development bonds with a tenor of 3 months, 5 months, 1 Year and 2 Years 1 month …
MR reveals UNP conspiracy to destroy SLFP
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SINGER receives ‘named account status’ with Microsoft
SINGER Sri Lanka, achieved the named account status with Microsoft at a special occasion earlier this week. The event was graced by István Papp – Vice …
LOLC opens trading at the CSE
Lanka ORIX Leasing Company PLC (LOLC) rang the opening bell to commence trading at the Colombo Stock Exchange (CSE) today. Mr. Vajira Kulatilaka, Chairman of …
US reiterates support for constitutional reforms in Sri Lanka
Mar 01, 2016 (LBO) – The United States after the first annual US, Sri Lanka Partnership Dialogue held recently in Washington has expressed support for the …
US calls on Sri Lanka to join Indo-Pacific Economic Corridor
Mar 01, 2016 (LBO) – United States called Sri Lanka to strengthen cooperation on issues of regional importance through multilateral organizations like the …
The Body Shop launches in Sri Lanka
Mar 01, 2016 (LBO) - The well-known British Cosmetics company, The Body Shop, has finally set foot in our paradise isle. “Gone are the days of relying on …
Huawei Mate 8 and GR5 says ‘Ayubowan’
Huawei together with its national distributor SINGER Sri Lanka introduced two latest flagship smartphones- Huawei Mate 8 and Huawei GR5 to Sri Lanka at a grand …
Sri Lanka Customs expedites cargo clearing process
Mar 01, 2016 (LBO) – Sri Lanka Customs has accelerated its cargo clearing service to minimize delays for importers and exporters. As per the new directions, …
Ceylon Chamber appoints Dhara Wijayatilake as CEO
The Ceylon Chamber of Commerce, the country’s premier business Chamber, is pleased to announce the appointment of Ms. Dhara Wijayatilake, Attorney-at-Law, as …
Sri Lanka finds more hidden dues of past regime: Ravi Karunanayake
Mar 01, 2016 (LBO) – Sri Lanka has uncovered more dues of the past regime which will affect public finance, Finance Minister Ravi Karunanayake said. buy …
Fitch downgrades Sri Lanka rating to ‘B+’ on external debt
Feb 29, 2016 (LBO) - Fitch Ratings has downgraded Sri Lanka's Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) one notch to 'B+' from 'BB-'. …
Seylan Bank net profit up 24.4 percent for full year
Feb 29, 2016 (LBO) - Seylan Bank reported a reported a record profit after tax of 3,831 million rupees for the year ended 31st December 2015, up 24.4 percent …