Sri Lanka to obtain USD200mn loan from Pakistan
Jun 01, 2017 (LBO) – Sri Lanka’s cabinet has approved obtaining of a loan worth 200 million dollars from Pakistan for the financing of priority development …
Economy & Markets
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Four Sri Lanka state ministers, three deputy ministers take oaths
May 31, 2017 (LBO) - Several state ministers and deputy ministers took oaths before Sri Lanka's President Maithripala Sirisena on Wednesday. online pharmacy …
Unilever’s Project ArunellaWorks with Communitieson Sustainable Waste Management
Unilever’s Project ArunellaWorks with Communitieson Sustainable Waste Management (PRESS RELEASE) - Initiative Eliminates Garbage Dumps in Agarapathana Region …
Reconciliation, peace a must for Sri Lanka’s economic success: Finance Minister
May 31, 2017 (LBO) - Sri Lanka's newly appointed finance minister says to bring sustained investment and growth, Sri Lanka has to ensure peace and …
Foreign relief aid pledged to Sri Lanka after floods
May 30, 2017 (LBO) - Sri Lanka's official flood death toll rose to 177 on Monday as the island sought international assistance. High Commissioners and …
Verité wants govt to issue guidelines on e-signatures
May 30, 2017 (LBO) – Sri Lankan research organization Verité has called on the government to issue central guidelines to accelerate the acceptance of …
Virtusa Announces Fourth Quarter and Full Year 2017 Consolidated Financial Results
Fourth quarter fiscal 2017 revenue of $226.0 million increased 4.0% sequentially and 31.5% year-over-year. Fourth quarter fiscal 2017 diluted EPS was $0.34 on …
Ravi assumes duties as foreign minister, pledges to bring in more investment
May 26, 2017 (LBO) - Sri Lanka's new Foreign Minister Ravi Karunanayake who assumed duties at the ministry Thursday pledged to focus on bringing in investment …
Sri Lanka’s trade deficit widens substantially this year
May 26, 2017 (LBO) - Sri Lanka’s trade deficit widened substantially in the first two months of the year, while a moderation in tourist earnings and a modest …
Sri Lanka’s new PPP Unit to be launched at Chamber’s Investment Conclave
May 25, 2017 (LBO) – Sri Lanka will launch its ‘Private Public Partnership (PPP) Unit’ at the upcoming ‘Sri Lanka Investment and Business Conclave …
Sri Lanka to reform methods of assigning leadership
May 25, 2017 (LBO) - Sri Lanka's cabinet has given the go ahead for the implementation of reforms to establish a suitable method to assign responsibilities and …
Sri Lanka’s People’s Bank buys PMF land in Colombo
May 24, 2017 (LBO)- People`s Merchant Finance (PMF) had sold its 108-perch property in Colombo 02 to People's Bank for 1.04 billion rupees in order to help …
Interview: E-commerce shakes up Sri Lanka’s retail sector, says Takas CEO
May 24, 2017 (LBO) - Sri Lanka's online retail sector is booming, which poses a threat to traditional retail stores. Online stores too are battling it out for …
Ravi K bids farewell at Finance Ministry
May 23, 2017 (LBO) - Sri Lankan ex- Finance Minister Ravi Karunanayake, who was sworn in as the new foreign affairs minister at the Presidential Secretariat …
Sri Lanka’s NCPI inflation dips to 8.4-pct in April
May 23, 2017 (LBO) - Sri Lanka's country-wide inflation decreased to 8. buy cymbalta online …
First Capital reports PAT of Rs231 mln for year
Press Release: First Capital Holdings PLC, a full service investment bank providing a diverse range of advisory services and financial products through its …
Verité makes recommendations for e-government procurement in Sri Lanka
May 19, 2017 (LBO) - Verité Research, a private think tank, has made several recommendations regarding e-government procurement (E-GP) implementation in Sri …
Building blocks of Sri Lanka’s economy in place: Governor
By J. Lorenz May 19, 2017 (LBO) – The building blocks necessary for sustainable growth over the next 10-15 years and overall macro-economic growth have been …
Sri Lanka’s Softlogic gets Baskin-Robbins master franchise
May 19, 2017 (LBO) - Sri Lanka's Softlogic Group has, through it's fully-owned subsidiary Softlogic Restaurants, entered into an Asset Sale and Purchase …