Sri Lanka raises USD1.5 bil in international sovereign bond
May 05, 2017 (LBO) - The Central Bank of Sri Lanka, on behalf of the government, has successfully priced a 1.5 billion dollar 10-year International Sovereign …
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Sri Lanka trade gap widens 35-pct in Jan; fuel imports up 102-pct
May 05, 2017 (LBO) – Sri Lanka’s exports dropped 3. online pharmacy buy spiriva inhaler with best prices today in the USA 8 percent to 865 million dollars …
Sri Lanka tourist arrivals up 17.5-pct in April 2017
May 05, 2017 (LBO) - Tourist arrivals in Sri Lanka rose 17.5 percent to 160,249 in April, after falling in the previous two months, with growth in the islands …
RTI can be game changer in Sri Lanka’s path to prosperity: World Bank
May 05, 2017 (LBO) - Sri Lanka's newly enacted Right to Information (RTI) Act if used effectively can be key for the country’s transition to upper-middle …
SriLankan Airlines posts Rs6.5bn loss for 2016/17
May 04, 2017 (LBO) – SriLankan Airlines has recorded an unaudited group loss of 6. buy cenforce online …
Fitch assigns Sri Lanka’s dollar bond B+ (EXP) rating
May 04, 2017 (LBO) – Fitch Ratings has assigned Sri Lanka's upcoming US dollar-denominated bonds an expected rating of B+(EXP). The rating agency said the …
Sri Lanka to unveil massive incentives for large investments
May 04, 2017 (LBO) – Sri Lanka’s proposed Inland Revenue Act plans to include investment incentives which provide massive depreciation allowances for …
Cabinet approves Inland Revenue, NBT Acts, revision of cess levy
May 04, 2017 (LBO) - Sri Lanka's cabinet has given the go ahead to gazette and present in Parliament the new Inland Revenue Bill, as proposed in budget 2016. …
Sri Lanka proposes three-tier corporate tax structure
May 04, 2017 (LBO) – Sri Lanka’s new Inland Revenue Act seeks to introduce a three-tier simplified tax structure for corporate entities. Higher rate of 40 …
France to provide 30 mil euros for green energy in Sri Lanka
May 04, 2017 (LBO) - Sri Lanka will enter into a loan agreement with the French Agency for Development (AFD) to fund projects for green energy development and …
LAUGFS says LPG Terminal in Hambantota on schedule for 2018
May 04, 2017 (LBO) - One year into the construction of the LAUGFS LPG Import and Export Terminal in Hambantota, the first phase, with a 30,000 MT capacity, is …
IMF reaches staff-level agreement, eyes on Inland Revenue Act
May 04, 2017 (LBO) - An IMF team has reached staff-level agreement with Sri Lankan authorities on the second review under a three-year Extended Fund Facility …
Sri Lanka to regulate water services industry
May 03, 2017 (LBO) – Sri Lanka seeks to regulate water services industry by introducing a new law which includes guidelines to regularizing the sector. …
Supreme Court declares forex bill consistent with constitution
May 03, 2017 (LBO) – Speaker Karu Jayasuriya today informed Parliament that the Supreme Court has declared that the proposed foreign exchange bill is not …
Sri Lanka launches e-Police clearance certificates
May 03, 2017 (LBO) – Sri Lanka's Police has launched an ePolice certificate system with the help of ICTA for the issuance of Police Clearance Certificates …
Sri Lanka expands crop insurance to five other crops
May 02, 2017 (LBO) – Sri Lanka’s Finance Ministry has expanded crop insurance that has so far covered paddy cultivation to five other food crops. The …
Sri Lanka makes use of generators in factories compulsory
May 02, 2017 (LBO) – Sri Lanka’s Power Ministry has made it compulsory to use generators in factories from today for the next four days due to a shortage …
John Keells to encourage innovators with Open Innovation Challenge
May 02, 2017 (LBO) - Sri Lanka's blue chip John Keells Holdings plans to boost local creative and intellectual talent with the launch of its second John Keells …
UNP ready for elections: PM at May Day rally
May 02, 2017 (LBO) - Sri Lanka's Prime Minister and United National Party Leader, Ranil Wickremesinghe, said that they were ready for any election and would …
Sri Lanka vehicle registrations rebound to 39,173 units in March: JB Securities
May 02, 2017 (LBO) - Total vehicle registrations in Sri Lanka recorded 39,173 units in March, significantly up from 30,036 the previous month, with a rebound …