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 …
Economy & Markets
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S&T Interiors Sri Lanka to debut first overseas project at Marriott Maldives
Sri Lanka’s most exclusive turnkey contracting and interior fit-out company, S&T Interiors Sri Lanka is rapidly nearing completion on its milestone …
Laugfs empowers future generations with Nana Maga Math camps
The LAUGFS Nana Maga Math Camps conducted in collaboration with the Ministry of Education marked another milestone of assisting over 1500 students to …
Malik visits German Engineering Company at Katunayake BOI
Malik Samarawickrama Ministry of Development Strategies and International Trade visited the Kramski Lanka (Pvt) Ltd manufacturing plant at the …
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 …
Sri Lanka’s JKH Group PBT up 21-pct to Rs.27.6Bn
John Keells Group profit before tax (PBT) increased by 21% to Rs. online pharmacy buy strattera with best prices today in the USA 27.63 billion for the …
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 …
Listed Sri Lanka hospitals have strong growth prospects: Fitch
May 25, 2018 (LBO) - Listed hospitals in Sri Lanka will continue to grow strongly given growing demand for private health care, although regulatory price …
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 …
Finance Minister appoints Ranel Tissa Wijesinha as new Chairman of SEC
May 24, 2018 (LBO) – Finance and Media Minister has appointed Ranel Tissa Wijesinha as the new Chairman of the Securities and Exchange Commission of Sri …
Ceylinco Life’s 2017 net profit grows to Rs 9.4 billionCeylinco Life’s 2017 net profit grows to Rs 9.4 billion
(PRESS RELEASE) IRCSL-mandated change in basis of valuation of Life Fund generates one-off surplus of Rs 3.456 billion Ceylinco Life has announced that its …
Sri Lanka tea exports up in April 2018, Low grown production down
May 24, 2018 (LBO) - Sri Lanka's tea exports for the month of April 2018 showed a gain of 0.7M/kgs when compared with the same period last year while bulk tea …
Sri Lanka approves BOT system for state buildings
May 24, 2018 (LBO) - The cabinet has approved to construct public buildings under the Build, Own and Transfer (BOT) system by the private sector, a statement …