Capacity building to manage public debt and liability is need of the hour: Eran
Apr 23, 2018 (LBO) - Sri Lanka as a developing nation needs to focus on building capacity for public debt and liability management as matter of …
Economy & Markets
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IMF wants fuel pricing formula before June to complete 4th review
Apr 21, 2018 (LBO) – IMF’s Executive Board is expected to consider Sri Lanka’s request for completion of the fourth review in June, subject to cabinet …
LAUGFS leaders excel at CMI management excellence awards 2017
Reinforcing the leadership force that drives LAUGFS, Lfinity - Chief Operating Officer (COO), Muditha Thebuwana and LAUGFS Gas - Deputy General Manager, …
Richard Pieris Finance to merge with Chilaw Finance
Apr 20, 2018 (LBO) - Sri Lanka's Richard Pieris Finance Ltd, will merge with Chilaw Finance PLC. buy rybelsus online …
Sri Lanka will ensure resource utilization in sustainable manner: President
Apr 19, 2018 (LBO) - Our Government’s “Blue-Green” economic plan will ensure the full utilization of the ocean and other natural resources of Sri Lanka …
Sri Lanka imposes 15-pct tax on gold imports
Apr 19, 2018 (LBO) - Sri Lanka has imposed a 15 percent tax on gold to tackle possible smuggling to India, where it is more expensive, the finance ministry …
Sri Lanka pledges support for Commonwealth small states trade finance facility
Apr 18, 2018 (LBO) - Sri Lanka pledged financial contribution to setup the Small States Trade Financial Facility, In order to help Small States get access to …
Sri Lanka Govt to ensure continued progress of financial inclusion: Fin Min
Apr 18, 2018 (LBO) - Minister of Finance Mangala Samaraweera says it is important for the Sri Lankan financial system to have robust access and engagement …
Virtusa says 85-pct businesses plan to invest in digital transformation in 2018
Virtusa Corporation(NASDAQ GS:VRTU), a global provider of digital engineering and IT outsourcing services that accelerate business outcomes for its clients, …
Sri Lanka’s CEB threaten TU action, Says not liable for inconvenience to public
Apr 17, 2018 (LBO) - Sri Lanka’s Ceylon Electricity Board Engineers Union (CEBEU), of the state owned electricity supplier Ceylon Electricity Board (CEB) is …
DFCC relaunches their credit cards
DFCC Bank relaunched their Credit Card range at a special event on 28 March at the Cinnamon Grand, Colombo amidst a large gathering of clients, prominent …
South Asia regains growth lead, Still lags on jobs
Apr 17, 2018 (LBO) - South Asia has regained its lead as the fastest growing region in the world, supported by recovery in India. With the right mix of …
Sri Lanka Central Bank issues warning on virtual currencies
Apr 17, 2018 (LBO) - The Central Bank has warned the pubic about the use of “virtual currencies”, commonly used to refer to digitally created …
World Bank warns of reform slowdown amid challenging political environment
Apr 17, 2018 (LBO) - Sri Lanka's growth is projected to rebound in 2018 and continue to be around 4.5 percent in the medium term, driven by private consumption …
SriLankan reports revenue of Rs.126.9Bn in 2017/18
Apr 16, 2018 (LBO) - National carrier SriLankan Airlines has achieved a un-audited annual passenger revenue of 126.9 billion rupees (US Dollars 830.7 million) …
Govt. nod for three local companies for vehicle emission test certification
Apr 12, 2018 (LBO) - Sri Lanka's government has given approval of the cabinet of ministers to award the contract for issuing Vehicle Emission Test Certificates …
Asia will grow at 6-pct in 2018, Trade risk warnings: ADB
Apr 12, 2018 (LBO) - The Asian Development Bank raised its 2018 economic growth estimate for developing Asia to 6.0 per cent from 5.8 per cent, citing solid …
Sri Lanka Govt call for expediting activities related to exploration and production of petroleum
Apr 12, 2018 (LBO) - Sri Lanka's cabinet of ministers has called for an action plan for expediting the activities related to exploration and production of …
President calls for proposals to solve problems in construction field
Apr 11, 2018 (LBO) - Sri Lanka's President Maithripala Sirisena advised the Secretary for Ministry of Skills Development and Vocational Training to prepare a …
Sri Lanka targets USD2.5Bn in FDI in 2018, USD 5Bn by 2020:Fin Min
Apr 10, 2018 (LBO) - Sri Lanka's government is looking at attracting up to US 2.5 billion dollars in Foreign Direct Investments (FDI) in 2018, and to double it …