Ceylon Index Fund emerges top performer during 1H 2017
Sept 06, 2017 (LBO) - The Ceylon Index Fund (CIF) which invests in blue chips listed on the Colombo Stock Exchange (CSE) was the top performing Unit Trust out …
Economy & Markets
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Sri Lanka’s high-end condos under pressure, no bubble yet
Sept 06, 2017 (LBO) - Sri Lanka’s luxury residential condominium prices would stagnate or come down in 2018-2020 due to large levels of unabsorbed supply, …
Sri Lanka’s PABC’s Outstanding Debentures gets ‘BB+(lka)’ rating: Fitch
(PRESS RELEASE) - Fitch Ratings-Colombo-04 September 2017: Fitch Ratings has assigned Pan Asia Banking Corporation PLC's (PABC, BBB-(lka)/Stable) outstanding …
Ministers cannot grant tax concessions under new Inland Revenue Act: Finance Minister
Sept 04, 2017 (LBO) - Discretionary powers vested in Sri Lankan ministers to grant tax concessions has been expunged under the new Inland Revenue Act, the …
Navesta Pharmaceuticals Opens Sri Lanka’s First Sterile Manufacturing Plant
(PRESS RELEASE) - - Sri Lanka’s first EU-GMP, PIC/S compliant facility to enable exports of pharmaceuticals to international markets. Navesta Pharmaceuticals …
China and Sri Lanka to establish sister city relationships
Aug 31, 2017 (LBO) - Authorities in Monaragala, Uva Province Sri Lanka, have signed an MOU on establishing a sister city relationship with Jishan, Shanxi …
More Australian students to visit Sri Lanka next year
Aug 30, 2017 (LBO) - More Australian students than ever before will head to Sri Lanka in 2018 under the Australian Government’s New Colombo Plan mobility …
Unilever and Arpico Encourage Shoppers to Go Green
(PRESS RELEASE) - 200% More Reusable Bags and 100,000 Fewer Polythene Bags Used During First Month Unilever Sri Lanka and Richard Pieris Distributors Ltd. …
Jaffna Investor Forum by SEC, CSE gets good response
Aug 28, 2017 (LBO) - The Securities and Exchange Commission of Sri Lanka (SEC) and the Colombo Stock Exchange (CSE) said they conducted the third Investor …
Sri Lanka in the eye of the storm, in terms of disasters: World Bank country head
Aug 28, 2017 (LBO) - Sri Lanka is in the eye of the storm, in terms of natural disasters, and now is the time to improve response mechanisms and disaster …
ADB earmarks USD5bln for Sri Lanka from 2018-2022
Aug 25, 2017 (LBO) - The Asian Development Bank said they have endorsed a country partnership strategy (CPS) for 2018-2022, amounting to up to US 1 billion …
Sri Lanka motor car registrations rise to 3,221 units in July: JB
Aug 25, 2017 (LBO) Sri Lanka's motor car registrations rose to 3,221 units in July, up from 2,802 units in June, the highest monthly figure so far this year, …
Norway’s pension fund reports best half-yearly returns
Aug 25, 2017 (LBO) - Norway's Government Pension Fund Global has returned a total 2.6 percent, or 202 billion kroner, in the second quarter of 2017, making the …
Sri Lanka’s Dialog Axiata conducts 5G technology trial
Aug 23, 2017 (LBO) - Sri Lanka's Dialog Axiata said that a 5G technology capability trial was carried out with technology partners Ericsson and Huawei at the …
Former President outlines issues in proposed revenue law
Aug 22, 2017 (LBO) – Sri Lanka’s proposed Inland Revenue law needs to address certain issues before it can be approved in Parliament, former President …
Sri Lanka NCPI inflation flat at 6.3 pct in July
Aug 22, 2017 (LBO) - Sri Lanka's National Consumer Price Index (NCPI) remained flat at 6.3 percent in July, compared with the figure in June, on an …
Sri Lanka to invest Rs3.5bnl in Kalutara for industrial park
Aug 22, 2017 (LBO) - Sri Lanka will set up a 150-acre industrial park in Millaniya, Kalutara at a cost of 3. buy nolvadex online …
Sunshine Healthcare’s Shyam Sathasivam calls for urgent private public collaboration for a sustainable pharma industry
(PRESS RELEASE) - August 21, 2017: Newly-elected President of the Sri Lanka Chamber of Pharmaceutical Industry (SLCPI) Shyam Sathasivam, Managing Director of …
Central Bank promotes C J P Siriwardana to Deputy Governor post
Aug 22, 2017 (LBO) - Sri Lanka's Monetary Board, with the concurrence of the minister of finance, has promoted Assistant Governor C J P Siriwardana to the …