Religious violence in Sri Lanka has chronic nature: Verité
June 21, 2017 (LBO) - Religious violence in Sri Lanka is not a post-war phenomenon and has persisted over a much longer period of time, Verité Research said …
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Fitch expects more interest rate pressure for Sri Lankan corporates
June 20, 2017 (LBO) – Fitch Ratings says it expects rising domestic interest rates to hurt Sri Lankan corporates over the next 12 months. buy …
Auditor General’s opinion creates chaos in Parliament
June 20, 2017 (LBO) – Sri Lanka’s Parliament on Tuesday referred the controversial annual report of the Finance Ministry to the Committee on Public Finance …
Fairway partners with Sri Lanka’s Waste Management Authority
June 20, 2017 (LBO) - Fairway Waste Management (Pvt) Ltd and the Waste Management Authority of the Western Provincial Council have signed a concession …
Infrastructure must be developed alongside admin, legal frameworks: Finance Minister
June 20, 2017 (LBO) - Sri Lanka wants to boost investments to make the country an export driven economic and financial hub of the Indian Ocean, the new finance …
Sri Lanka’s Central Bank eyes full inflation targeting: Governor
June 20, 2017 (LBO) – Sri Lanka is planning to adopt a full inflation targeting framework probably by next year, Central Bank Governor Indrajit Coomaraswamy …
Those relegated to dustbin of history exploiting extremism: UNP
June 19, 2017 (LBO) – Sri Lanka’s main ruling party, the United National Party, says political forces relegated to the dustbin of history are the ones who …
Sri Lanka’s Central Bank to sell USD515mn development bonds
June 19, 2017 (LBO) – Sri Lanka’s Central Bank will issue 515 million US dollar development bonds with a tenor of 1 year 7 months, 3 years, 4 years and 4 …
Sri Lanka calls EOIs for ferry system in Colombo
June 19, 2017 (LBO) - Sri Lanka's Megapolis Ministry said it has called for expressions of interest to establish a ferry system in Colombo canals through a …
Central Bank to stop making payments to wilfully defaced notes
June 16, 2017 (LBO) – Sri Lanka’s Central Bank said it will not make payments to wilfully mutilated, altered or defaced currency notes after the end of …
Sri Lanka plans trade, business delegation to Bangladesh
June 16, 2017 (LBO) - Sri Lanka's Ministry of Industry and Commerce plans a trade and business delegation visit to Bangladesh next month, on the back of a …
Sri Lanka’s Long Term Energy Generation Plan not in keeping with govt policy: SEMA
June 16, 2017 (LBO) - The Least Cost Long Term Generation Expansion Plan (LCLTGP) 2018-2037 proposed by the Ceylon Electricity Board (CEB) is not in line with …
Sri Lanka’s quality mall space shortage to continue: JLL
June 16, 2017 (LBO) - As Sri Lanka's tourist arrivals rise and the local consumer becomes more brand conscious along with demand for better quality goods and …
Sri Lanka economy grew 3.8-pct in first quarter of 2017
June 15, 2017 (LBO) – Sri Lanka’s statistics office says economic growth rate for the first quarter of 2017 has been estimated as 3. buy ciprodex online …
Srilankan Airlines says media misguided, losses dramatically reduced
June 15, 2017 (LBO) - Srilankan Airlines said on Thursday that media was misguided when reporting losses and the airline had dramatically reduced the annual …
Commercial Bank leads Sri Lanka’s SME financing in 2016
June 15, 2017 (LBO) – Sri Lanka’s SME sector has been injected with 719 billion rupees by both state and private sector banks in 2016, with Commercial Bank …
Sri Lanka poised for growth across all real estate asset classes: JLL
June 15, 2017 (LBO) - Sri Lanka is poised for growth across all real estate asset classes on the back of increased private sector participation in …
Cyberattack on Ukraine’s power grid may be replicated elsewhere
June 15, 2017 (LBO) - Cybersecurity researchers say the 2016 attack on Ukraine’s power grid that deprived part of its capital Kiev of power was caused by a …
Sri Lanka to regulate real estate valuation professionals
June 14, 2017 (LBO) – Sri Lanka is looking at incorporating the Institute of Real Estate and Valuation through an Act of Parliament in order to regulate the …
Cabinet directs Police to take action against anti-religious violence
June 14, 2017 (LBO) – Sri Lanka’s cabinet of ministers has directed law enforcement authorities and the Attorney General to take immediate action against …