Sri Lanka’s HNB to halve carbon footprint by 2020 with renewable energy
Mar 15, 2017 (LBO) – Sri Lanka's Hatton National Bank plans to reduce its carbon footprint by half by 2020 through the generation of energy for …
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Germany’s TUI to develop hospitality training in Sri Lanka
Mar 14, 2017 (LBO) - Germany's TUI Group, a leading tour operator, said it would be expanding operations in Sri Lanka to assist in developing hospitality …
Ceylon Chamber looks forward to engaging on Inland Revenue bill
Mar 13, 2017 (LBO) – Sri Lanka’s Ceylon Chamber of Commerce says they are looking forward to engaging with authorities on suggestions and recommendations …
Sri Lanka labour force 8.4 mn in 3Q with 36.5-pct female
Mar 13, 2017 (LBO) – Sri Lanka’s labour force for the third quarter 2016 is estimated to be 8.4 million with 36.5 percent females contributing to the …
Sri Lanka foreign reserves up by USD165mn in February
Mar 10, 2017 (LBO) – Sri Lanka’s official reserves rose 165 million US dollars to 5.62 billion dollars in February, up from 5.45 billion dollars at the end …
Sri Lanka’s CSE approves RIL Property’s Rs960mn IPO
Mar 10, 2017 (LBO) - RIL Property Limited (RIL), a developer, owner and operator of commercial office space in Colombo has received an in-principle approval …
Sri Lanka to test Bus Priority System in Rajagiriya: Min
Mar 10, 2017 (LBO) - Sri Lanka Megapolis Ministry will test launch a new bus priority system from Rajagiriya to promote better use of public transport in an …
Sri Lanka Port Authority records Rs11bn in profits for 2016
Mar 10, 2017 (LBO) - The Sri Lanka Ports Authority made profits of 11 billion rupees in 2016 while recording a revenue of 44 billion rupees, the Ports Ministry …
PM reveals progress of Presidential Commission of Inquiry
Mar 09, 2017 (LBO) – Sri Lanka’s Presidential Commission of Inquiry has carried out in-depth investigations into 400 complaints to date and investigations …
COPE should inquire transactions of Templeton fund in Sri Lanka: Harsha
Mar 09, 2017 (LBO) – Sri Lanka’s Committee On Public Enterprises (COPE) should investigate the transactions carried out between the US-based Franklin …
Possible SriLankan, TPG deal may take over six months: Eran
Mar 08, 2017 (LBO) – SriLankan Airlines restructuring plan with the shortlisted private equity fund TPG may take over six months to arrive at a possible …
New Zealand keen to broaden investment in Sri Lanka
Mar 08, 2017 (LBO) - The Government of New Zealand expects to broaden existing investment in Sri Lanka and is ready to assist in economic development …
Sri Lanka BPPL Holdings IPO oversubscribed
Mar 08, 2017 (LBO) - Sri Lanka's brush exporter BPPL Holdings said its initial public offer of 30. online pharmacy buy ciprodex with best prices today in the …
Sri Lanka to train foreign service in economic diplomacy: Harsha
Mar 07, 2017 (LBO) - Sri Lanka's government will be training its officials in the foreign service through a online economic diplomacy course with Harvard …
No proposal yet for new Coca-Cola plant in Sri Lanka: Minister Malik
Mar 07, 2017 (LBO) – Sri Lanka’s International Trade Ministry has not yet received a request for setting up a new Coca-Cola plant in the island, …
Sri Lanka fulfilled Dec fiscal targets, eyes on SOE reforms: IMF
Mar 07, 2017 (LBO) – Sri Lanka needs to accelerate implementation of structural reforms in public financial management and state owned enterprises, the …
CEB wants to lift non-conventional renewable energy to 17-pct by 2019
Mar 07, 2017 (LBO) – Sri Lanka’s state owned Ceylon Electricity Board has set a target to increase electricity generation from renewable resources from the …
Sri Lanka’s real estate industry calls for more regulation
Mar 07, 2017 (LBO) - Sri Lanka’s real estate brokers, agents and developers need to professionalize services with the involvement of the the government to …
Toronto begins to rival Silicon Valley for tech startups
Mar 07, 2017 (LBO) - Toronto's startup community has begun to rival Silicon Valley and offers more advantages to new companies. One reason is that the 2,100 …
Sri Lanka Commercial Bank to raise Tier 1 capital with rights issue
Mar 07, 2017 (LBO) – Sri Lanka’s Commercial Bank has decided to raise 10 billion rupees through a rights issue of voting and non voting shares, the company …