Belt and Road initiative complements Sri Lanka’s vision: PM
May 16, 2017 (LBO) – Sri Lanka’s Prime Minister Ranil Wickremesinghe says China's ‘Belt and Road’ initiative complements Sri Lanka’s vision as they …
Economy
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Sri Lanka govt borrowed 22-pct less than what parliament approved: Ravi
May 15, 2017 (LBO) - Sri Lanka's Finance Minister stressed on Sunday that the Government was not on a borrowing spree as claimed by the joint opposition and …
Sri Lanka exempts income tax on IT BPO, capital gains for real estate
May 15, 2017 (LBO) - Sri Lanka's Finance minister announced some features of the new Inland Revenue Act which include income tax exemptions for IT exports, …
Sri Lanka economy to grow 4.9-pct in 2018: UNESCAP
May 12, 2017 (LBO) – Sri Lanka’s economic growth is expected to rebound modestly to around 4.8-4.9 percent in 2017 and 2018, the Economic and Social Survey …
Malik wants FTA with Singapore to be finalized before July
May 09, 2017 (LBO) – Sri Lanka wants the scheduled free trade agreement with Singapore to be finalized before July this year, the BOI said quoting …
Sri Lanka Monetary Board holds key rates unchanged
May 09, 2017 (LBO) - Sri Lanka's Monetary Board held key interest rates unchanged on Tuesday on slower inflation, a month after hiking rates, a monetary policy …
Opinion: FDI in Sri Lanka, a real estate perspective
By Steven Mayes, Managing Director JLL Lanka The significance of Foreign Direct Investment to an economy such as Sri Lanka’s cannot be overstated. Its …
Bank of Ceylon relocates its Disaster Recovery Center
Press Release: Sri Lanka’s Bank of Ceylon, re-launched its Disaster Recovery Center (DRC) with the State-of the-art technology and new facilities recently. …
Sri Lanka raises USD1.5 bil in international sovereign bond
May 05, 2017 (LBO) - The Central Bank of Sri Lanka, on behalf of the government, has successfully priced a 1.5 billion dollar 10-year International Sovereign …
Sri Lanka trade gap widens 35-pct in Jan; fuel imports up 102-pct
May 05, 2017 (LBO) – Sri Lanka’s exports dropped 3. online pharmacy buy spiriva inhaler with best prices today in the USA 8 percent to 865 million dollars …
RTI can be game changer in Sri Lanka’s path to prosperity: World Bank
May 05, 2017 (LBO) - Sri Lanka's newly enacted Right to Information (RTI) Act if used effectively can be key for the country’s transition to upper-middle …
Registration fee for private companies slashed by 73-pct
For the first time in Sri Lanka’s corporate history, heavy fees levied for registering a new Company, has been scrubbed by the government in a big …
Sri Lanka to unveil massive incentives for large investments
May 04, 2017 (LBO) – Sri Lanka’s proposed Inland Revenue Act plans to include investment incentives which provide massive depreciation allowances for …
Cabinet approves Inland Revenue, NBT Acts, revision of cess levy
May 04, 2017 (LBO) - Sri Lanka's cabinet has given the go ahead to gazette and present in Parliament the new Inland Revenue Bill, as proposed in budget 2016. …
France to provide 30 mil euros for green energy in Sri Lanka
May 04, 2017 (LBO) - Sri Lanka will enter into a loan agreement with the French Agency for Development (AFD) to fund projects for green energy development and …
IMF reaches staff-level agreement, eyes on Inland Revenue Act
May 04, 2017 (LBO) - An IMF team has reached staff-level agreement with Sri Lankan authorities on the second review under a three-year Extended Fund Facility …
Sri Lanka vehicle registrations rebound to 39,173 units in March: JB Securities
May 02, 2017 (LBO) - Total vehicle registrations in Sri Lanka recorded 39,173 units in March, significantly up from 30,036 the previous month, with a rebound …
EU Parliament rejects motion to deny GSP+ for Sri Lanka
Apr 27, 2017 (LBO) – Sri Lanka won the vote in Brussels by 436 against and 119 in favor for the motion to deny GSP plus for Sri Lanka. A group of EU …
Next IMF tranche by June, reserves comfortable by year end: Ravi
Apr 27, 2017 (LBO) - Sri Lanka's Finance Minister said he was optimistic about talks on reaching a staff level agreement with the International Monetary Fund …