Harsha appreciates support for adoption of HR Resolution
Mar 24, 2017 (LBO) - Sri Lanka's deputy minister of foreign affairs has expressed his appreciation to members of the Human Rights Council and observer states …
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Sri Lanka hikes policy rates by 25 bp to curb inflationary pressure
Mar 24, 2017 (LBO) - Sri Lanka's central bank tightened monetary policy on Friday, hiking policy rates by 25 basis points to curb inflationary expectations and …
Sri Lanka ministries pay Rs150mn for rented premises every month
Mar 23, 2017 (LBO) – Sri Lanka’s Parliament was informed Thursday that the government paid around 150 million rupees as monthly rent for buildings occupied …
Loans for domestic solar panels extended to all consumers
Mar 23, 2017 (LBO) – Sri Lanka’s power ministry will extend the loan scheme for the installation of domestic solar panels to all electricity consumers in …
Sri Lanka’s new revenue act to include capital gains policy
Mar 23, 2017 (LBO) – Sri Lanka’s proposed Inland Revenue Act is to be drafted in conformity with the announced policy design of capital gains tax, the …
Sri Lanka’s foreign exchange law to remove criminal offences
Mar 23, 2017 (LBO) – Sri Lanka’s proposed Foreign Exchange Bill is to move away from criminal offences which are considered too harsh. buy valtrex online …
Sri Lanka govt approves Securities Exchange Commission bill
Mar 23, 2017 (LBO) - Sri Lanka's government will replace the Securities and Exchange Commission Act No. online pharmacy buy spiriva inhaler with best prices …
China may divest 20-pct of Hambantota port JV within 10 yrs
Mar 22, 2017 (LBO) – China Merchant Port Holdings may divest 20 percent of the initial shareholding of the proposed Hambantota port joint venture within 10 …
Lubricant players concerned over duty hike on synthetic lubricants
Mar 22, 2017 (LBO) – Sri Lanka’s lubricant suppliers are starting to pass the tax imposed on synthetic lubricants to end users, the Ceylon Motor Traders …
New Sri Lanka securities law to give finance minister more flexibility
Mar 21, 2017 (LBO) – The Sri Lankan premier has asked for a new securities law which gives the finance minister flexibility to raise a lower or higher amount …
Sri Lanka investor forum garners interest in Australia
Mar 21, 2017 (LBO) - The Invest Sri Lanka Investor Forum hosted in Sydney by the Colombo Stock Exchange and Securities and Exchange Commission drew over 150 …
Lanka Sathosa to open 50 branches next week
Mar 21, 2017 (LBO) - Sri Lanka’s state-owned retail network Sathosa will open 50 branches next week while targeting 500 branches by end of 2017 and then …
President Sirisena to undertake official visit to Russian Federation
Mar 21, 2017 (LBO) - President Maithripala Sirisena will undertake an official visit to the Russian Federation on 22-24 March 2017 at the invitation of …
Stakeholders identify 15 tourism priorities in Sri Lanka
Mar 20, 2017 (LBO) - Key public and private sector tourism stakeholders in Sri Lanka have identified 15 priority projects to boost and sustain tourism growth …
Fairfax consolidates Sri Lanka insurance operations
Mar 20, 2017 (LBO) – Fairfax Financial Holdings Limited (Fairfax) announced that it has successfully completed the amalgamation of Fairfirst Insurance …
Sri Lanka SEC releases its Capital Market Strategy 2020
Mar 20, 2017 (LBO) - The Securities and Exchange Commission of Sri Lanka (SEC) has released its ‘Capital Market Strategy 2020,’ a transformative plan for …
LOLC acquires majority stake in Cambodian microfinance firm
Mar 17, 2017 (LBO) – LOLC Group has acquired 48 percent stake in a micro finance company in Cambodia for 186 million US dollars through LOLC International …
Sri Lanka BIA runway renovation ahead of schedule
Mar 17, 2017 (LBO) - Sri Lanka's renovation of the Bandaranaike International Airport (BIA) runway is expected to be completed ahead of schedule, the minister …
US invites countries to co-sponsor UNHRC resolution on Sri Lanka
Mar 16, 2017 (LBO) – United States State Department says it is pleased that Sri Lanka has agreed once again to co-sponsor a UNHRC resolution and applauds the …
Sri Lanka to raise USD 1Bn by listing SOEs: Finance Minister
Mar 16, 2017 (LBO) - Sri Lanka's government plans to raise one billion US dollars by listing non-strategic enterprises on the capital market this year, Finance …