Pradeep Moraes of Altair named Sri Lanka Real Estate Personality of the Year
The PropertyGuru Asia Property Awards (Sri Lanka) competition, which is being held for the very first time in Colombo on 12 July 2018, has chosen its …
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Central Bank maintains policy interest rates at current levels
July 06, 2018 (LBO) – Monetary Board of the Central Bank, at its meeting held on 05 July 2018, has decided to maintain policy interest rates at their …
Perpetual Treasuries suspension of business extended by 6 months
July 05, 2018 (LBO) – Monetary Board of the Central Bank acting in terms of the regulations made under the Registered Stock and Securities Ordinance and the …
Gamifying ahead through the enterprise solutions landscape : Virtusa
Globally, we are witnessing a steady rise in the pace of digital transformation with enterprises leading the charge. Gartner, Inc. projects worldwide IT …
CB Governor defends Deputy Governor from unfounded allegations
June 28, 2018 (LBO) – Central Bank Governor Indrajit Coomaraswamy on Thursday issued a special statement defending his fellow Central Banker Nandalal …
Sri Lanka’s outlook remains stable but is conditional on reforms: World Bank
June 28, 2018 (LBO) – World Bank says a challenging domestic political environment has already taken a toll, slowing down some reforms and complicating the …
Vallibel Finance crosses Rs.1Bn mark for net profits
Jun 26, 2018 (LBO) - Vallibel Finance PLC crossed the one billion rupee net profit mark with the company announcing its income statement for the financial …
Apartments only 1.7-pct of Colombo’s living units: Pradeep Moraes
Jun 26, 2018 (LBO) - Contrary to popular perception, apartments currently account for only 1.7 per cent of Colombo’s residential facilities despite the …
SEC, CSE launch ‘Empower’ for SME’s
Jun 25, 2018 (LBO) - The Securities and Exchange Commission of Sri Lanka (SEC) together with the Colombo Stock Exchange (CSE) will launch “Empower” - the …
PropertyGuru Asia Property Awards (Sri Lanka) 2018 finalists announced
Jun 22, 2018 (LBO) - Sri Lanka’s best developers are now officially finalists for the second annual PropertyGuru Asia Property Awards (Sri Lanka) …
Uswatte opens state-of-the-art biscuit factory in Millaniya
Jun 22, 2018 (LBO)- Uswatte Confectionery Works, Sri Lanka’s oldest confectionery manufacturer opened their latest factory in their premises at Millaniya. …
Avian Technologies receives Dell EMC Gold Partner status
One of the leading IT solutions providers in Sri Lanka, Avian Technologies announced that the Company has received the Dell EMC Gold Partner’ status, awarded …
LankaPropertyWeb.com eases the hassle of buying and selling property
Today’s busy lifestyle hastaken away the luxury of time to attend to all that entails a property transaction. This includes countless amounts of paperwork, …
Sri Lanka rupee hits new record low of 161.00; Stocks down
Jun 18, 2018 (LBO) - Sri Lanka's stock and money markets got off to a slow start Monday with rupee dropping to a new low of 161. buy stromectol online …
McLarens & Peak Engineering to offer facilities management solutions through new JV company
Jun 18, 2018 (LBO) - McOcean Property Developers (Pvt) Ltd., (a member of the McLarens Group) in a joint venture with Peak Engineering & Consultancy (Pte) …
SriLankan will continue to fly : The airline to break-even in three years: Min Kiriella
Jun 18, 2018 (LBO) - The government has no plans to close down SriLankan Airlines but the National carriers' income and expenditure should be bridged, …
MTD Walkers (KAPI) reports a massive loss of Rs2.8bn
June 15, 2018 (LBO) - The woes of Colombo Stock Exchange listed stocks continue with the financial results of construction company MTD Walkers (KAPI). For …
Foreign Investors stumble with investment in shares of Sri Lanka’s Access Engineering (AEL)
June 13, 2018 (LBO) - Due to the lacklustre performance of the Colombo Stock Exchange, foreign investors likely have made significant losses investing in Sri …
Fairfield Holdings acquires controlling interest of Alethea Group
Jun 12, 2018 (LBO) - Alethea Group, a private educational institution has divested controlling interest of its equity to Fairfield Holdings at end May 2018. …
Sri Lanka Eco summit to focus on the fast track to a turnaround
Jun 12, 2018 (LBO) - Sri Lanka Economic Summit 2018, organized by the Ceylon Chamber of Commerce to take place on 12th – 14th September at Cinnamon Grand …