Collapse of rupee and yahapalana govt.’s economic mismanagement: MR
Sept 26, 2018 (LBO) - The Rupee has depreciated steadily against the US Dollar ever since the yahapalana government came into power - a trend which has now …
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Sri Lankan tech firm Auxenta in ‘30 Most Innovative Companies to Watch 2018’
Sept 21, 2018 (LBO) - The fast-growing boutique technology solutions firm, Auxenta, is proud to be named as one of ‘30 Most Innovative Companies to Watch for …
Sri Lanka’s Access gets Col 02 land for Rs.1.1 Bn
Sept 20, 2018 (LBO) - Sri Lanka's cabinet of ministers has approved the lease of a prime land block in the Colombo's central business district to Access …
Margin deposit requirement against LCs opened with commercial banks for vehicles
Sept 20, 2018 (LBO) - The Monetary Board of the Central Bank of Sri Lanka imposed a 100 per cent margin deposit requirement against Letters of Credit opened …
Sri Lanka’s CAL facilitates first cross-border share transaction by local investment bank
Sept 19, 2018 (LBO) - Capital Alliance (CAL), recently performed Sri Lanka’s first ever transaction of overseas stocks, a statement said. CAL partnered with …
SLASSCOM launches program with Uni of Colombo for data science and AI
Sept 18, 2018 (LBO) - The Center for Data Science, Department of Statistics, University of Colombo will launch a training program in fundamentals of data …
Iconic developers to invest USD50Mn in Sri Lanka’s real-estate
Sept 18. 2018 (LBO) - Singapore based property developer, Iconic said they are planning to invest US 50 million dollars in Sri Lanka's luxury/semi luxury and …
Sri Lanka rupee falls to new record low: ASPI down by 1.0-pct
Sept 18, 2018 (LBO) - Sri Lanka's rupee hit an all time low of 166. online pharmacy buy zofran with best prices today in the USA buy amoxicillin online …
Sri Lanka Govt. cuts VAT on imported fabric by 5-pct
Sept 18, 2018 (LBO) - Sri Lanka's Finance Ministry issuing a gazette amended the Value Added Tax (VAT) act further to reduce the VAT on imported fabric to 5 …
Lankapak 2018 concludes with Rs.10Mn initiatives launched to boost SME packaging
Sept 17, 2018 (LBO) - Sri Lanka's Lankapak 2018 concluded over the week-end with strong Indian participation and 10 million rupees initiatives launched to …
Super luxury MV Viking Orion calls at Sri Lanka’s Colombo port
Sept 17, 2018 (LBO) - The super luxury MV Viking Orion made her maiden call at the Port of Colombo last week. MV Viking Orion one of the world’s most modern …
Unilever and UNDP handover PPP policy paper to President’s secretary
Sept 17, 2018 (LBO) - Outlining plans to support Sri Lanka in achieving the Sustainable Development Goals, Unilever Sri Lanka and United Nations Development …
Impact of imposition of VAT on condominium sales: JLL report
Sept 10, 2018 (LBO) - In the wake of continuing uncertainty with regard to the effective date on the reintroduction of Value Added Tax (VAT) on residential …
Cigarette smuggling still booming, fuelling criminality: report
Smuggled market share is around 14 to 18% for cigarettes, which translate to 500 to 700 million sticks. A 40-foot container of smuggled cigarettes can add up …
Struggling listed Anilana Hotels (ALHP) loses Rs84mn in the June quarter
September 9, 2018 (LBO) - Colombo Stock Exchange listed Anilana Hotels (ALHP) continued to struggle losing Rs84mn in the quarter ended June 30, 2018. The …
Jegan Durairatnam appointed to Asian Hotels board as Independent Non-Executive Director
September 9, 2018 (LBO) - Former Commercial Bank CEO Jegan Durairatnam has been appointed as an Independent Non-Executive Director at Colombo Stock Exchange …
Sky One residencies launched in Colombo
Sep 07, 2018 (LBO) - Sky-One residencies to be constructed on a land area of approximately 143 perches and due completion in 2021 was launched in Colombo, …
Asoka Sirisena re-elected President of Sri Lanka Insurance Institute
Sept 06, 2018 (LBO) - Asoka Sirisena,senior deputy general manager, technical of Ceylinco Life Insurance Limited was re-elected as the President for 2018/2019 …
Ishara Nanayakkara resigns from Seylan Bank Board
September 5, 2018 (LBO) - Controlling shareholder of listed Sri Lankan financial giant LOLC, Ishara Nanayakkara has resigned from the Board of Directors of …
Asanga Seneviratne selling Anilana Hotels (ALHP) shares
September 5, 2018 (LBO) - Famed stock market operator Asanga Seneviratne is selling some of his shares in CSE listed Anilana Hotels (ALHP). buy levofloxacin …