Trade deficit narrows in Sept, cumulative exports down 3pct
Jan 13, 2017 (LBO) - Sri Lanka’s trade deficit narrowed in September 2016 with an increase in export earnings for the second consecutive month, together with …
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CB joins Dept for Registration of Persons against money laundering
Jan 13, 2016 (LBO) - The Financial Intelligence Unit, located at the Central Bank of Sri Lanka, has entered into a memorandum of understanding with the …
Sri Lanka calls international bids to add 60MW to national grid
Jan 11, 2017 (LBO) – Sri Lanka’s cabinet has decided to purchase 60 megawatts of power through an open international competitive bidding process for a …
European Commission proposes restoring Sri Lanka’s GSP+
Jan 11, 2017 (LBO) - The European Commission said it proposed to the European Union to remove significant import duties on Sri Lankan products, to restore GSP …
Sri Lanka cabinet approves USD1.5bn development bond issue
Jan 11, 2017 (LBO) – Sri Lanka’s cabinet on Tuesday approved a proposal to borrow 1.5 billion US dollars from the issuances of development bonds this year. …
Sri Lanka should rethink immigration, diaspora policies: Hausmann
Jan 10, 2016 (LBO) - Sri Lanka should rethink its immigration, diaspora and product development policies so as to encourage more complexity in exports, …
Sri Lankan businessman will be first to invest in Hambantota zone: PM
Jan 09, 2017 (LBO) – A Sri Lankan investor will be the first businessman investing in the proposed Hambantota economic zone, Prime Minister Ranil …
Sri Lanka to receive GSP+ concession next week: President
Jan 09, 2017 (LBO) - President Maithripala Sirisena says he has received information that Sri Lanka will receive the GSP+ trade concession next week, marking a …
President launches Mövenpick’s Five-Star Colombo Hotel
Jan 09, 2017 (LBO) - Sri Lanka's President Maithripala Sirisena inaugurated the Mövenpick Hotel in Colombo, Saturday. online pharmacy buy ciprodex with best …
New zone to create 100K jobs with USD5bn investment: Chinese Ambassador
Jan 07, 2017 (LBO) – Sri Lanka’s proposed Special Economic Zone in Hambantota will attract at least 5 billion US dollars in the coming three to five years, …
PM says land identified for industry needs for next decade
Jan 06, 2017 (LBO) – Sri Lankan government has already identified lands for the industry needs in the country for the coming 10 to 15 years, Prime Minister …
Sri Lanka’s Laugfs buys third LPG carrier vessel for USD2.9mn
Jan 06, 2017 (LBO) – Sri Lanka’s Laugfs Maritime Services has purchased its third Liquefied Petroleum Gas (LPG) carrier vessel for 2.875 million US …
CCC seeks business community support for CBSL independence
Jan 06, 2017 (LBO) - Sri Lanka's leading business chamber has called on the business community to support and embrace the Central Bank's Roadmap 2017 which …
Hambantota port proceeds to be used to pay-off higher interest loans: Ravi
Jan 05, 2017 (LBO) – Sri Lanka’s government is planning to use Hambantota port proceeds to pay off higher interest loans which have already been taken, …
Sri Lanka’s main airport check-in time increases
Jan 05, 2017 (LBO) - Sri Lanka's Bandaranaike International Airport day-time shut down for a runway repair has resulted in airport authorities increasing the …
Govt approves water and wastewater investments for Colombo
Jan 05, 2017 (LBO) - Sri Lanka's cabinet has given the nod for a greater Colombo water and wastewater management improvement investment programme, a statement …
CB Governor vows to stop wasting external reserves to defend rupee
Jan 03, 2017 (LBO) – Sri Lanka’s unsustainable practice of defending the external value of the rupee through market intervention should be stopped, the …
Sri Lanka Foreign Reserves increase to USD6 Bln in 2016: CB
Jan 03, 2016 (LBO) - Sri Lanka's foreign reserves were around six billion dollars at the end of 2016, up from 5. online pharmacy buy abilify with best prices …
Sri Lanka’s prosperity improved in 2015 from previous year: Central Bank
Jan 03, 2017 (LBO) – Sri Lanka’s prosperity has improved to 0.864 in 2015 from 0.804 in the previous year, the Central Bank statistics showed, as measured …
Sri Lanka’s largest fully integrated tire plant to be built with Rs11.25bn
(Press Release) - Rigid Tyre Corporation (Pvt.) Ltd. Equipped with the latest technology, this new plant is destined to roll in a new page in the industrial …