Sri Lanka to develop internal air transport : 5 firms come forward
Jun 21, 2018 (LBO) - Sri Lanka's government and cabinet of ministers has given the go ahead to carry out an overhaul in the domestic aviation industry and …
Economy
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CM Port pays final tranche of USD584Mn for Hambantota Port
Jun 20, 2018 (LBO) - Sri Lanka's government has received the final tranche of investment value for Hambantota Port concession from China Merchant Port Holdings …
Sri Lanka GDP grows by 3.2-pct in Q1 2018
Jun 19, 2018 (LBO) - Sri Lanka's Gross Domestic Product (GDP) grew 3. online pharmacy buy diflucan with best prices today in the USA 2 percent in the first …
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 …
Heads of state institutions responsible for paying salaries to excess employees : Fin Min
Jun 18, 2018 (LBO) - The Government has decided that the Secretaries to Ministries, Heads of Departments, Chairpersons, executive officers and accountants of …
EPF proven a winner with its large divestiture of John Keells (JKH) shares to Malaysians in 2012
June 16, 2018 (LBO) - The EPF as of late has not been proven to be the most savvy investor, but with one of its biggest moves in the stock market 6 years ago, …
Sri Lanka to introduce Euro 4 fuel in July, No impact on current pricing
Jun 14, 2018 (LBO) - Sri Lanka's Ministry of Petroleum Resources Development said the Government will introduce Euro 4 fuel to the market and replace super …
Sixways Sri Lanka can attract more foreign investment
A Blog by Tatiana Nenova To facilitate Foreign Direct Investment (FDI), Sri Lanka launched last week an innovative online one-stop shop to help investors …
We won’t tolerate speculation further; if necessary will use all instruments to discipline
Jun 13, 2018 (LBO) – Sri Lanka’s Central Bank Governor warned forex market players saying that if necessary he is ready to use all the instruments they …
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 …
Sri Lanka tourist arrivals up 6.2-pct in May, Crosses 1Mn mark for 2018
Jun 06, 2018 (LBO) - Sri Lanka's tourist arrivals were up 6.2 percent to 129.466 in May 2018 from a year earlier with arrivals in the first five months up …
Sri Lanka’s Ritz-Carlton Tower ready by 2021
Jun 06, 2018 (LBO) - One Transworks Square (Pvt) Ltd together with Zhong Tian Ding Hui (ZTDH) Company announced that it's 500 million dollar "THE ONE" …
New MLA amendments to restrict financing fiscal deficit by Central Bank
June 05, 2018 (LBO) – Sri Lanka’s Central Bank said there will be new legislative amendments to Monetary Law Act (MLA) to restrict financing the fiscal …
IMF completes Sri Lanka’s 4th review; approves USD 252 mn disbursement
June 02, 2018 (LBO) – Executive Board of the IMF has completed the fourth review of Sri Lanka’s economic performance under the program supported by a …
Sri Lanka exports up 6.3-pct to USD1.1Bn
Jun 01, 2018 (LBO) - Sri Lanka's overall exports were up by 6.3 percent to US 1.1 billion dollars with an increase in industrial exports, data from the …
Sri Lanka reserves at USD7.3Bn, Rupee depreciates 3.3-pct: CB
Jun 01, 2018 (LBO) - Sri Lanka's Central Bank says the level of gross official reserves of the country was estimated at US 7.3 billion dollars, equivalent to …
Nawala, Dehiwala and Rajagiriya continue as property hot-spots : Report
By Lanka Property Web A recent study done by LankaPropertyWeb.com reveals the average residential land prices around Colombo and which areas the prices have …
Sri Lanka signs agreement for gas exploration services
May 31, 2018 (LBO) - Sri Lanka's Minister of Petroleum Resources Development, signed an agreement with Eastern Echo DMCC, subsidiary of a major oilfield …
Dollar strengthening combines with political uncertainty in Sri Lanka: Moody’s
May 28, 2018 (LBO) – Strengthening of the Dollar in Sri Lanka has combined with domestic political uncertainty, weighing on the rupee, Moody’s Investors …
VAT to be reduced by 2.5-pct by 2020 : Fin Min
May 25, 2018 (LBO) - Sri Lanka will reduce Value Added Tax (VAT) by 2.5 percent in 2020 in order to relieve masses of the burden of indirect taxes, Minister …