Economic development with thrust on education: Finance Minister
Jan 02, 2017 (LBO) - Sri Lanka's Minister of Finance Ravi Karunanayake says there will be sustained economic development in the new year with a thrust on …
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Market Watch: Eyes on policy decision, liquidity in surplus (Updated)
(Updated with 330 billion rupee CBSL holding of government securities) Dec 30, 2016 (LBO) - All eyes were on the Sri Lanka monetary policy decision to be …
Sri Lanka’s share of Chinese FDI going into Asia low: policy paper
Dec 30, 2016 (LBO) - Sri Lanka, which runs a trade deficit with China, should aim to increase the island's share of Chinese FDI going into Asia, a policy paper …
Southern & Sabaragamuwa PCs defeat controversial bill of development
Dec 27, 2016 (LBO) – Sri Lanka’s Southern Provincial Council and Sabaragamuwa Provincial Council today morning defeated the Development Special Provisions …
Vehicle registrations edge higher in November: JB Securities
Dec 26, 2016 (LBO) - Sri Lanka vehicle registrations edged higher in November compared with October, on most categories, likely driven by pre-budget demand, JB …
Sri Lanka to improve public transportation in 2017: Fin Min
Dec 23, 2016 (LBO) - Several steps have been taken to improve public transportation with the building of new roads, upgrading railway, deploying priority bus …
Market Watch: Central Bank tightens stance, sovereign yield rises
Dec 22, 2016 (LBO) - Sri Lanka's Central Bank effectively tightened its monetary stance on Thursday by conducting a repo auction at 7.47 percent, above the …
Sri Lanka’s 10MW solar power plant commissioned, lead financing by DFCC
Dec 22, 2016 (LBO) - Sri Lanka’s first 10MW grid connected solar power project implemented by the private sector was commissioned on Wednesday, with DFCC …
JVP leader Anura Kumara tops most active MP rankings: Manthri.lk
Dec 21, 2016 (LBO) – Sri Lanka’s Marxist JVP leader Anura Kumara Dissanayake has topped the most active Parliamentarians ranking of the year, a list …
Steps taken to meet Sri Lanka’s festive demand for rice: Ministry
Dec 20, 2016 (LBO) - Sri Lanka's Ministry of Industry and Commerce will increase supply of freshly milled rice to meet a surge in demand during the festive …
Malaysia, Sri Lanka consider FTA during President’s visit
Dec 19, 2016 (LBO) - Malaysia and Sri Lanka will consider the possibility of free trade agreement, a joint statement said, after the official visit of …
Reduced non-tariff barriers could boost Sri Lanka’s agriculture exports
Dec 19, 2016 (LBO) - Reducing non-tariff barriers (NTBs) in Sri Lanka is a significant step towards realizing untapped export potential within agricultural …
US Millennium Challenge selects Sri Lanka for 5-Year grant
Dec 16, 2016 (LBO) – Sri Lanka has been selected for the US Millennium Challenge Corporation’s (MCC) new five-year grant compact which aims at encouraging …
PUCSL warns of power shortages in Q1 2017
Dec 15, 2016 (LBO) - The Public Utilities Commission of Sri Lanka (PUCSL), the regulator of the state-run CEB, issued a warning after observing the risks in …
200 Chinese couples eye mass wedding in Sri Lanka
Dec 08, 2016 (LBO) – Sri Lanka’s capital Colombo has been chosen by 200 Chinese couples to hold a mass wedding event. Tourism Development Minister John …
MR’s allegation that govt is selling off assets is malicious: Ravi
Dec 07, 2016 (LBO) - Sri Lanka's government rejects allegations made by former president Mahinda Rajapaksa that the government is selling off national …
London Stock Exchange Group opens new tech facility in Sri Lanka
Dec 06, 2016 (LBO) – London Stock Exchange Group (LSEG) yesterday announced the opening of its new state-of-the-art technology facility in Sri Lanka. …
Opinion: Jaffna, high literacy, low employment and lowest income. How come?
By Jekhan Aruliah Despite the Jaffna district having the second highest Literacy Rate in Sri Lanka, it does badly on employment and dismally on incomes. What's …
Sri Lanka tile importers commend support from budget
Dec 05, 2016 (LBO) - Sri Lanka's Tiles and Sanitary Ware Importers Association (TSIA) have welcomed the support of Budget 2017 for maintaining the reduction on …
Korea Eximbank discusses Kandy traffic network with RDA
Dec 05, 2016 (LBO) - Export-Import Bank of Korea (Korea Eximbank) has begun supporting the connectivity plan of the traffic network in Kandy city through a …