Volkswagen to invest USD30mn in Sri Lanka for vehicle assembly plant
Aug 04, 2015 (LBO) – German based automobile manufacturer Volkswagen has agreed to invest 30 million US dollars to set up a vehicle assembly plant in Sri …
Microsoft launches Windows 10; free upgrade available now in Sri Lanka
July 29, 2015 (LBO) – Windows 10 will become available in 190 countries including Sri Lanka from Wednesday as a free upgrade or with new PCs and tablets, …
Google Loon project to cover Sri Lanka with 3G internet
July 28, 2015 (LBO) – Sri Lanka’s government and Google on Tuesday signed an agreement to cover the Island with 3G internet under ‘Google Loon …
Sri Lanka’s Finance Minister Ravi Karunanayake accuses Attorney General Department
July 24, 2015 (LBO) – Sri Lanka’s Finance Minister Ravi Karunanayake on Friday accused Attorney General over an incident occurred when dealing with the …
Sri Lanka’s President to appoint special investigation commission on Golden Key
July 24, 2015 (LBO) – Sri Lanka is to appoint a special investigation commission to probe irregularities occurred in the Golden Key Company, President …
Sri Lanka’s United National Front suggests drastic proposals in manifesto
July 24, 2015 (LBO) – Sri Lanka’s United National Front for Good Governance on Thursday unveiled its election manifesto aimed at creating a competitive …
Sri Lanka Marxist JVP election manifesto repeats good governance policies
July 23, 2015 (LBO) – Sri Lanka Marxist JVP’s election manifesto presented to the public yesterday contains key governance policies similar to those …
6% GDP growth in 2015, a challenge; comparing rebased numbers technically wrong: CB
July 21, 2015 (LBO) – Sri Lanka’s Deputy Governor of the Central Bank says it would be difficult to maintain a 6 percent growth this year. online pharmacy …
Sri Lanka needs to minimize tax exemptions to broaden tax base: Central Bank
July 21, 2015 (LBO) – Sri Lanka needs to minimize tax exemptions and improve direct taxation in order to broaden the tax base, Deputy Governor of the Central …
Sri Lanka’s online property portal ‘Lamudi’ launches its first real estate magazine
July 15, 2015 (LBO) – Sri Lanka’s online property portal ‘Lamudi’ has launched the first issue of its real estate magazine ‘Property Now’, the …
Sri Lanka businesses; 90% sole ownership, 25% run by females: Census and Statistics Dept.
July 15, 2015 (LBO) – Sri Lanka has over 90 percent of sole ownership businesses in the island while 25 percent of the establishments are run by women …
Sri Lanka’s growth rate in past two years disturbed after GDP rebasing: Nivard Cabraal
July 14, 2015 (LBO) – Sri Lanka’s GDP growth rate in the past two years have been disturbed by a sinister action of politicians, former Governor of the …
Sri Lanka’s Hambantota Port first phase, a burden of USD51mn per year: SLPA
July 13, 2015 (LBO) – Sri Lanka’s government had to pay 51 million US dollars per year as loan repayments for the first phase of the Hambantota Port, Sri …
Team of American multinational Honeywell Corporation to arrive Sri Lanka next month: Eran
July 08, 2015 (LBO) – Honeywell Corporation, a Fortune 100 diversified technology and manufacturing conglomerate is to send a team next month to discuss …
Sri Lanka postal service records Rs3bn loss last year
June 25, 2015 (LBO) – Sri Lanka’s government owned postal service has recorded 2,984 million rupees of loss in 2014 following a salary hike, Postal …
Sri Lanka spent Rs1.3bn to conduct elections last year
June 24, 2015 (LBO) – Sri Lanka's elections department has spent over 1,280 million rupees to conduct elections last year, data from the 2014 performance …
I am willing to serve Sri Lanka for few more years: Former CB Governor
June 23, 2015 (LBO) – Sri Lanka’s former Governor of the Central Bank, Ajith Nivard Cabraal says he is looking forward to use his knowledge and …
Sri Lanka to recover GSP+ after Human Rights Council sessions in Geneva: PM
June 22, 2015 (LBO) – Sri Lanka will regain the GSP plus trade concession after the Human Rights Council sessions which are to be held in Geneva in …
Sri Lanka’s Parliament to debate no confidence motion against Finance Minister on July 06
June 16, 2015 (LBO) – Sri Lanka’s Parliament is to debate no confidence motion against Finance Minister on July 06, Leader of Mahajana Eksath Peramuna, …
Sri Lanka Freedom Party appoints committee to cooperate with Mahinda Rajapaksa
June 16, 2015 (LBO) – Sri Lanka Freedom Party on Tuesday appointed a six member committee to cooperate with former President Mahinda Rajapaksa, General …