Sri Lanka to introduce an investment law for single window facilitation: PM
Sept 14, 2018 (LBO) – Sri Lanka will bring in a new legislation for the Single Window Investment Facilitation model, Prime Minister Ranil Wickremesinghe …
Economy
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We are not exporting at least 60 products under GSP+ list of 6,000 items: PM
Sept 14, 2018 (LBO) – Sri Lanka’s Prime Minister Ranil Wickremesinghe on Friday draw the attention of the country’s top business leaders, the …
Sri Lanka’s economy on track : Eran
Sept 14, 2018 (LBO) - Sri Lanka is not looking at diverting from the path of its ongoing fiscal consolidation measures and would take further necessary steps …
Sri Lanka needs to move from buyer to producer driven production : Harsha
Sept 14, 2018 (LBO) - Sri Lanka must diversify exports and shift to making more complex, high-value products, Harsha de Silva, state minister of National …
Balancing China and India partnerships and diversifying exports key for Sri Lanka
Sept 13, 2018 (LBO) - Sri Lanka needs to balance geopolitical partnerships while also managing several other key aspects of its economy like structural …
Sri Lanka Economic Summit 2018 kicks off today
Sept 13, 2018 (LBO) – Sri Lanka Economic Summit 2018 is being inaugurated this morning at Cinnamon Grand Colombo. The two-day event, which is Sri Lanka’s …
Sri Lanka industrial index up 1.1-pct in July 2018
Sept 13, 2018 (LBO) - Sri Lanka's industrial production index grew by 1.1 percent to 105.9 from an year ago, data from the Census and Statistics Department …
Sri Lanka to be promoted as year round destination with ‘Island Escapes’ campaign
Sept 12, 2018 (LBO) - ‘Island Escapes’, a marketing campaign to promote Sri Lanka as a year-round destination to boost arrivals during off season will be …
VAT refund scheme to boost tourism in Sri Lankas: Fin Min
Sept 12, 2018 (LBO) - The tourist VAT refund scheme (TVRS) will enable Sri Lankan goods to have greater exposure to the global market, bringing with it …
Sri Lanka Fin Min hikes fuel price: Petrol Rs.149 and Diesel Rs.123
Sept 11, 2018 (LBO) - Sri Lanka's Finance Ministry has raised the petrol price to 149 rupees a litre from 145 rupees with effect from midnight September 10 …
Recommendations for positioning Sri Lanka as attractive FDI destination: AMCHAM/STAX
Sept 10, 2018 (LBO) - AMCHAM, in collaboration with STAX, recently launched the 2018 whitepaper ‘FDI Landscape and Investor Sentiment in Sri Lanka’ at a …
Sri Lanka PM leaves to attend World Economic Forum of ASEAN in Hanoi
Sept 10, 2018 (LBO) - Prime Minister Ranil Wickremesinghe left for Hanoi, Vietnam on a three-day official to attend the World Economic Forum on the …
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 …
CEB and PUCSL call truce : Entities developing common platform to approve generation plan
Sept 10, 2018 (LBO) - Ceylon Electricity Board (CEB), the state utility who provide electricity for Sri Lanka and its regulator the Public Utilities …
Palm oil industry association launched to advocate sustainable growth in Sri Lanka
Sept 04, 2018 (LBO) - Sri Lanka's Oil Palm industry has formally inaugurated an industry association under the aegis of the Ceylon Chamber of Commerce to …
Sri Lanka BoI targets 35 projects with Rs.46.4Bn in investments in the North
Sept 03, 2018 (LBO) - The Northern Province has benefited from investment as a result of the efforts of the Board of Investment of Sri Lanka. Among the BOI …
Leveraging trade-investment nexus will enable Sri Lanka create high value jobs: Fin Min
Sept 03, 2018 (LBO) - Leveraging the trade-investment nexus will enable Sri Lanka to create high value jobs and attract technology to drive productivity growth …
UN expert to report Sri Lanka’s debt & its impact on human rights to UNHRC
Aug 30, 2018 (LBO) – United Nations Independent Expert on foreign debt and human rights, Juan Pablo Bohoslavsky, will conduct an official visit to Sri Lanka …
Financial Intelligence Unit enters into MoU with Insurance Regulatory Commission
Aug 28, 2018 (LBO) - In terms of the provisions of the Financial Transactions Reporting Act, No. 6 of 2006 (FTRA), the Financial Intelligence Unit (FIU) of Sri …
Sri Lanka official reserves at USD9.3Bn : Rupee depreciated by 5.0-pct by Aug 2018
Aug 28, 2018 (LBO) - The Central Bank of Sri Lanka said reflecting developments in the domestic and global foreign exchange markets, the Sri Lankan rupee …