Iconic developers to invest USD50Mn in Sri Lanka’s real-estate
Sept 18. 2018 (LBO) - Singapore based property developer, Iconic said they are planning to invest US 50 million dollars in Sri Lanka's luxury/semi luxury and …
Economy & Markets
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Sri Lanka rupee falls to new record low: ASPI down by 1.0-pct
Sept 18, 2018 (LBO) - Sri Lanka's rupee hit an all time low of 166. online pharmacy buy zofran with best prices today in the USA buy amoxicillin online …
Sri Lanka tops South Asia in human development index 2017
Sept 18, 2018 (LBO) - Sri Lanka has been classified under the “High Human Development” category, with a Human Development Index value of 0.770 , and ranked …
Sri Lanka Govt. cuts VAT on imported fabric by 5-pct
Sept 18, 2018 (LBO) - Sri Lanka's Finance Ministry issuing a gazette amended the Value Added Tax (VAT) act further to reduce the VAT on imported fabric to 5 …
Lankapak 2018 concludes with Rs.10Mn initiatives launched to boost SME packaging
Sept 17, 2018 (LBO) - Sri Lanka's Lankapak 2018 concluded over the week-end with strong Indian participation and 10 million rupees initiatives launched to …
Super luxury MV Viking Orion calls at Sri Lanka’s Colombo port
Sept 17, 2018 (LBO) - The super luxury MV Viking Orion made her maiden call at the Port of Colombo last week. MV Viking Orion one of the world’s most modern …
Unilever and UNDP handover PPP policy paper to President’s secretary
Sept 17, 2018 (LBO) - Outlining plans to support Sri Lanka in achieving the Sustainable Development Goals, Unilever Sri Lanka and United Nations Development …
Sri Lanka to introduce an investment law for single window facilitation: PM
Sept 14, 2018 (LBO) – Sri Lanka will bring in a new legislation for the Single Window Investment Facilitation model, Prime Minister Ranil Wickremesinghe …
We are not exporting at least 60 products under GSP+ list of 6,000 items: PM
Sept 14, 2018 (LBO) – Sri Lanka’s Prime Minister Ranil Wickremesinghe on Friday draw the attention of the country’s top business leaders, the …
Sri Lanka’s economy on track : Eran
Sept 14, 2018 (LBO) - Sri Lanka is not looking at diverting from the path of its ongoing fiscal consolidation measures and would take further necessary steps …
Sri Lanka needs to move from buyer to producer driven production : Harsha
Sept 14, 2018 (LBO) - Sri Lanka must diversify exports and shift to making more complex, high-value products, Harsha de Silva, state minister of National …
Balancing China and India partnerships and diversifying exports key for Sri Lanka
Sept 13, 2018 (LBO) - Sri Lanka needs to balance geopolitical partnerships while also managing several other key aspects of its economy like structural …
Sri Lanka Economic Summit 2018 kicks off today
Sept 13, 2018 (LBO) – Sri Lanka Economic Summit 2018 is being inaugurated this morning at Cinnamon Grand Colombo. The two-day event, which is Sri Lanka’s …
Sri Lanka industrial index up 1.1-pct in July 2018
Sept 13, 2018 (LBO) - Sri Lanka's industrial production index grew by 1.1 percent to 105.9 from an year ago, data from the Census and Statistics Department …
Central Bank 2018 Economic and Social Statistics of Sri Lanka available online
September 12, 2018 (LBO) - The Central bank has released its annual publication on economic and social statistics for 2018. online pharmacy buy diflucan with …
Sri Lanka to be promoted as year round destination with ‘Island Escapes’ campaign
Sept 12, 2018 (LBO) - ‘Island Escapes’, a marketing campaign to promote Sri Lanka as a year-round destination to boost arrivals during off season will be …
VAT refund scheme to boost tourism in Sri Lankas: Fin Min
Sept 12, 2018 (LBO) - The tourist VAT refund scheme (TVRS) will enable Sri Lankan goods to have greater exposure to the global market, bringing with it …
CBSL still waiting for Nomura to correct report slamming the LKR
September 11, 2018 (LBO) - Global investment bank Nomura shocked the Sri Lankan financial community yesterday by publishing a report that said Sri Lanka was …
Sri Lanka Fin Min hikes fuel price: Petrol Rs.149 and Diesel Rs.123
Sept 11, 2018 (LBO) - Sri Lanka's Finance Ministry has raised the petrol price to 149 rupees a litre from 145 rupees with effect from midnight September 10 …
Recommendations for positioning Sri Lanka as attractive FDI destination: AMCHAM/STAX
Sept 10, 2018 (LBO) - AMCHAM, in collaboration with STAX, recently launched the 2018 whitepaper ‘FDI Landscape and Investor Sentiment in Sri Lanka’ at a …