Virtusa Corporation up 13 notches in global FinTech Rankings 2017
Oct 11, 2017 (LBO) - Virtusa Corporation (NASDAQ GS: VRTU), a global business consulting and IT outsourcing company said it has been recognized among the …
Economy & Markets
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Sri Lanka to add dollar-denominated board to Colombo Stock Exchange: OBG report
Oct 11, 2017 (LBO) - The Colombo Stock Exchange (CSE) is finalising plans to launch a dollar trading board, part of a broader strategy to develop Sri …
Sri Lanka warned of inadequate policies and programmes to address aging issues
Oct 10, 2017 (LBO) - Population projections show that the proportion of Sri Lankans above the age of 60 years will increase from 14 percent in 2017 to 22 …
Sri Lanka’s Appropriation Bill 2018 before Parliament today
Oct 09, 2017 (LBO) - Sri Lanka's state Minister of Finance Eran Wickramaratne will present the Appropriation Bill to parliament on 09th October 2017. buy …
Sri Lanka’s GDP growth to reach 5-pct in 2018: ADB
Oct 09, 2017 (LBO) - Sri Lanka's Gross Domestic Product (GDP) would be 4.5 percent at end 2017 and increase to 5 percent by end 2018, the Asian Development …
Sri Lanka to modernize financial sector with USD75mn loan
Oct 04, 2017 (LBO) – Sri Lanka’s Finance Ministry on Wednesday signed an agreement to modernize and improve the efficiency of country’s financial sector …
Central Bank chief to visit Northern Province to review indebtedness
Oct 03, 2017 (LBO) – Sri Lanka’s Central Bank Governor Indrajit Coomaraswamy will be visiting the Northern Province to review the situation of rural level …
ADB gives USD 900Mn for rural connectivity program in Sri Lanka
Oct 03, 2017 (LBO) - The Asian Development Bank’s (ADB) Board of Directors has approved financing of up to 900 million dollars for a program that will …
Mohan Pandithage named new Chairman of Singer, Dhammika to Co-Chair
Oct 03, 2017 (LBO) - Sri Lanka's Singer (Sri Lanka) which was recently acquired by Hayleys Plc has appointed, Mohan Pandithage as Chairman and Dhammika Perera …
Sri Lanka down to 85th place in Global Competitiveness Index
Oct 02, 2017 (LBO) - Sri Lanka has slipped to 85th place, lowest in recent years in the World Economic Forum Global Competitiveness Index (GCI), a report …
CB should stand ready to tighten monetary policy if needed: IMF mission
A staff team from the International Monetary Fund (IMF) led by Jaewoo Lee visited Colombo during September 18-29, 2017 to hold discussions on the third review …
World Banks gives USD125mn loan for transport connectivity project
Sept 29, 2017 (LBO) - Sri Lanka's government signed an agreement to get a 125 million dollar loan from the World Bank for the new Transport Connectivity and …
Sri Lanka exports grow 14-pct in July 2017 driven by industrial and argi sectors
Sept 29, 2017 (LBO) - Sri Lanka's exports grew 13.9 percent with earnings from exports up to 1,016 million dollars in July 2017, the Central Bank said. …
Construction of Litro Gas Filling Factory in Hambantota awarded to Dockyard General Engineering
Sept 28, 2017 (LBO) - Sri Lanka's Litro Gas has decided to award the contract to construct the gas filling factory of Litro Gas Lanka Company Hambantota to …
CB says 5-pct tax to be deducted from NRFC interest payments
Sep 27, 2017 (LBO) – Sri Lanka’s Central Bank on Wednesday confirmed that under the new Inland Revenue Act, a 5 percent With Holding Tax (WHT) should be …
Sri Lanka Finance Ministry calls for Budget proposals
Sept 27, 2017 (LBO) - The Ministry of Finance calls for proposals from all stakeholders including the general masses to be included in the Budget – 2018, to …
Sri Lanka’s Central Bank holds policy rates unchanged
Sep 26, 2017 (LBO) – Sri Lanka’s Central Bank has decided to maintain the Standing Deposit Facility Rate (SDFR) and Standing Lending Facility Rate (SLFR) …
World Bank commends Govt on positive social indicators, willingness to engage with climate related disasters
(PRESS RELEASE) - Executive Director of the World Bank for the constituency of India, Bangladesh, Bhutan and Sri Lanka, S. Aparna, together with the World …
EU pledges Rs. 5.4Bn for rural development in Uva and Central Provinces
Sept 22, 2017 (LBO) - The European Union pledged Rs. buy prelone online https://dentalassociatesmn.com/wp-includes/Requests/Exception/HTTP/php/prelone.html no …
Sri Lanka inflation up 7.9-pct in August 2017
Sept 22, 2017 (LBO) - Sri Lanka's year on year inflation based on the National Consumer Price Index (NCPI) increased to 7.9 percent in August 2017 from 6.3 …