Google makes traffic congestion maps available for Sri Lanka
Nov 19, 2015 (LBO) - Google Maps has activated traffic information for Sri Lanka with useful congestion data for Colombo and other locations, an IT observer …
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Sri Lanka’s MTD launches Walkers Colombo Shipyard
Nov 18, 2015 (LBO) – Sri Lanka’s listed MTD Walkers has acquired a ship repair and ship building entity to expand its existing presence in the marine …
JVP criticizes Ranil for inviting ‘The Man Who Broke the Bank of England’
Nov 09, 2015 (LBO) – The Marxist JVP on Monday criticized Prime Minister Ranil Wickremesinghe for inviting Hungarian-born American businessman George Soros …
Virtusa to provide IT services to Citigroup after acquiring Polaris for USD270mn
Nov 07, 2015 (LBO) – Global IT outsourcing company, Virtusa Corporation announced that it is to acquire a majority interest in Polaris Consulting, a global …
Sri Lankan born economist predicts global recession next year
Nov 06, 2015 (LBO) – Sri Lankan-born economist Howard Nicholas on Thursday warned that the world will have to face a recession by next year. Speaking at the …
Infrastructure: Colombo needs innovation to be globally competitive, says IT Innovator
Nov 05, 2015 (LBO) – Sri Lanka needs innovation to engage Colombo with the rest of the world and to transform legacy assets through the digital medium, an IT …
Infrastructure: No land shortage in Colombo, a transformation underway, says DG UDA
Nov 04, 2015 (LBO) – Sri Lanka’s commercial capital faces a core problem of under-utilization of land and there is no land shortage, the director general …
CB Governor slams CEB, CPC and SriLankan for dragging down state banks
Oct 30, 2015 (LBO) – Sri Lanka’s Central Bank Governor Arjuna Mahendran on Thursday slammed inefficient state-owned enterprises as they have created losses …
Sri Lanka seeks to connect tax payers with revenue office online
Oct 30, 2015 (LBO) – Sri Lanka is looking at the possibilities of connecting the island’s revenue collection office with tax payers directly to streamline …
Sri Lanka ranked 107 in ease of doing business index 2016
Oct 28, 2015 (LBO) – Sri Lanka was ranked 107 in the World Bank's "Doing Business 2016" index, which measures the ease of doing business in 189 different …
Tax concessions damage country’s tax base: Former Indian FM
Oct 23, 2015 (LBO) – Tax concessions are not an alternative to a poor investment climate and damages the tax base of a country, Former Finance Minister of …
Finance Ministry to set up separate department for private sector from 2016
Oct 22, 2015 (LBO) – Sri Lanka’s Finance Ministry is to set up a separate department for the private sector development at the ministry from January 01, …
Sri Lanka to introduce National Consumer Price Index
Oct 22, 2015 (LBO) – Sri Lanka is to introduce a new National Consumer Price Index to represent the national level changes in the inflation. The cabinet nod …
Youtube launches ad free uninterrupted version with paid content
Oct 22, 2015 (LBO) – World’s number one free video hosting site, Youtube has launched an ad free uninterrupted version of Youtube for a subscription fee of …
CEO Forum: Inter-ministerial task force to boost economy, says Harsha
Oct 22, 2015 (LBO) – Sri Lanka’s new government has formed an inter-ministerial task force to develop the economy by coordinating work of important …
Ravi K warns companies not paying bonuses due to Super Gains Tax
Oct 20, 2015 (LBO) – Sri Lanka’s Finance Minister Ravi Karunanayake told Parliament Tuesday that the government is in search for big companies that are not …
Finance Minister introduces optional plan for banks to pay Super Gains Tax
Oct 20, 2015 (LBO) – Sri Lanka’s Finance Minister Ravi Karunanayake revealed in Parliament on Tuesday that an optional plan has been introduced for banks …
US budget deficit drops to 2.5-pct in 2015; lowest since 2007
Oct 16, 2015 (LBO) – The United States Treasury Department on Thursday said country’s budget deficit has dropped to 2. online pharmacy buy cipro with best …
Ceylon Chamber introduces 10 principles to guide its future
Oct 15, 2015 (LBO) – Sri Lanka’s Chamber of Commerce has introduced 10 principles to guide its approach in influencing the trajectory of the private sector …
Hybrid court could address some issues: Weliamuna. New resolution a victory: Harsha
Oct 13, 2015 (LBO) – Sri Lanka required a hybrid court to investigate alleged human rights violations committed during the last stage of war, a human rights …