Opinion: Government, Private Sector and Diaspora are failing to revive Northern economy
By Jekhan Aruliah More than seven years since the end in 2009 of the decades long Sri Lanka civil war, job creation initiatives in the North remain mainly …
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Horton Square USD 250mn project breaks ground
Apr 18, 2017 (LBO) - The ground-breaking ceremony of Horton Square, St Regis Hotels and Residences was held at the former Central Hospital premises in Colombo …
Sri Lanka eyes USD1bn trade with Vietnam: PM’s office
Apr 18, 2017 (LBO) - Sri Lanka and Vietnam will look at increasing bilateral trade up to one billion US dollars in the next few years, the Prime Ministers …
Military continues relief after Meethotamulla garbage dump collapse
Apr 17, 2017 (LBO) - Sri Lankan military is continuing relief operations after the collapse of a 180-meter long stretch of the Meethotamulla garbage dump, a …
Kuwait to provide additional loan for Kalu Ganga development project
Apr 12, 2017 (LBO) - The Kuwait Fund for Arab Economic Development (KFAD) will provide an additional concessional loan of Kuwait Dinar 5 million (16.5 million …
EU to provide EUR 42 mln for agriculture, reconciliation
Apr 12, 2017 (LBO) - The European Union is stepping up assistance to Sri Lanka by providing 42 million euros (6.buy flexeril online buy flexeril online no …
SriLankan and Japan Airlines expand codeshare
Apr 11, 2017 (LBO) - SriLankan Airlines is strengthening its presence in the Japanese travel market with the expansion of its codeshare agreement with oneworld …
Asia to deliver 60-pct of global growth, South Asia fastest growing: ADB
Apr 07, 2017 (LBO) - Growth is picking up in two-thirds of economies in developing Asia, supported by higher external demand, rebounding global commodity …
Sri Lanka tourist arrivals up 3.4 pct in Q1, March down 2.5-pct
Apr 06, 2017 (LBO) - Sri Lanka's tourist arrivals rose 3. online pharmacy buy ciprodex with best prices today in the USA online pharmacy buy diflucan with …
Sri Lanka PC ownership dips, usage of smartphones and tabs up
Apr 06, 2017 (LBO) - Sri Lanka's computer literacy, the ability to operate a computer by oneself, increased slightly to 27. buy chloroquine online …
Assembling vehicles locally with used spare parts raises concerns: CMTA
Apr 06, 2017 (LBO) – Ceylon Motor Traders’ Association said they are concerned about the recent decision by the government, where it allowed the assembling …
Melwa to invest USD 100Mn, six Hilton hotels in Sri Lanka
Apr 05, 2017 (LBO) - Hilton (NYSE: HLT) signed six management agreements on Wednesday with Melwa Hotels and Resorts Private Limited to manage three Hilton …
Four-lane roadway with tunnel for Kandy to reduce congestion
Apr 05, 2017 (LBO) – Sri Lanka’s cabinet nod has been received to construct a four-lane roadway to reduce traffic congestion in Kandy town. The road …
Sri Lanka removes ad-hoc tax concessions; new incentives for SMEs
Apr 05, 2017 (LBO) – Sri Lanka’s Finance Ministry has removed ad-hoc and unproductive tax concessions offered by various agencies and under various regimes …
SriLankan cargo to expand operations, mulls wet leasing freighter
Apr 05, 2017 (LBO) - SriLankan airlines says that cargo volumes are growing and they see a greater demand in the future especially in the Indian subcontinent …
Sri Lanka benchmarked among 55 tech ecosystems: ICTA
Apr 05, 2017 (LBO) – Sri Lanka has been benchmarked among 55 technology startup ecosystems in the Global Startup Ecosystem Report 2017, the island’s ICT …
Australia, Sri Lanka to collaborate on natural resources, survey of minerals
(PRESS RELEASE) - Sri Lanka's Deputy Minister Harsha de Silva, on a visit to Australia last week on an invitation extended by the Australian Government under …
Sri Lanka’s RIL Property Rs960mn IPO oversubscribed
Apr 04, 2017 (LBO) – An initial public offering of 120 million ordinary shares by RIL Property Limited to raise 960 million rupees was oversubscribed within …
Sri Lanka calls for public comments on national energy policy
Apr 04, 2017 (LBO) – Sri Lanka’s energy ministry has invited all stakeholders to study the draft National Energy Policy & Strategies and provide their …
India’s Asian Paints acquires Causeway Paints for Rs9 bln
Apr 04, 2017 (LBO) - Asian Paints subsidiary Berger International has acquired Sri Lanka’s Causeway Paints in an all-cash deal of 3. online pharmacy buy …