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 …
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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 …
Sri Lanka tourism growth requires continuous effort: ForwardKeys
Dec 02, 2016 (LBO) - Flight bookings for travel to Sri Lanka during the next five months shows a modest 1.buy dapoxetine online buy dapoxetine online no …
President orders IGP to identify VIP security vehicles
Dec 01, 2016 (LBO) – Sri Lanka’s President Maithripala Sirisena has ordered the Inspector General of Police to report back to him about those who use a …
Moody’s maintains stable outlook on Sri Lankan banking sector
Dec 01, 2016 (LBO) - Moody's Investors Service has maintained its stable outlook on Sri Lanka's banking system, as moderate economic growth and reduced …
Sri Lanka approves two wind power plants in Chunnakam
Dec 01, 2016 (LBO) - Sri Lanka's cabinet has given the approval to award tenders establish two wind power plants of 10 megawatts each in Chunnakam. "The …
New legal framework for solar in Sri Lanka, no more licences
Nov 30, 2016 (LBO) - Sri Lanka's power regulator, Public Utilities Commission of Sri Lanka (PUCSL), has decided to remove the legal barriers for consumers who …
Sri Lanka to improve essential utility services in Western Megapolis
Nov 30, 2016 (LBO) – Sri Lanka’s cabinet has granted approval to improve new utilities and infrastructure required for the Western region Megapolis. It is …
Sri Lanka’s budget headed in right direction: IMF
Nov 30, 2016 (LBO) - Sri Lanka's budget for 2017 is headed in the right direction, especially in terms of primary deficit reduction, Eteri Kvintradze, the …
Monetary Board holds interest rates unchanged
Nov 29, 2016 (LBO) - Sri Lanka's Monetary Board held interest rates unchanged after a monthly policy meeting with excessive credit growth beginning to slow and …
Sri Lanka must aim for sustainable, inclusive growth: Governor
Nov 25, 2016 (LBO) - Sri Lanka must aim for sustainable as well as inclusive growth, Central Bank Governor Indrajit Coomaraswamy said on Thursday, speaking to …
Sri Lanka’s government seeks public views to regulate news
Nov 23, 2016 (LBO) – Sri Lanka’s cabinet nod has been received to obtain public opinion with regard to establishing an independent board to regulate news …
Sri Lanka poised for a shopping spree, basic goods drive demand
Nov 23, 2016 (LBO) - Sri Lankans still demand basic products such as refrigerators and washing machines due to the country’s low penetration levels …
SL-China trade crosses USD4bn, 93-pct imports from China
Nov 23, 2016 (LBO) – Bilateral trade between Sri Lanka and China has crossed the 4 billion US dollar threshold for the first time last year, the industry and …
Korea Eximbank to establish two vocational training institutes
Nov 23, 2016 (LBO) - The Export-Import Bank of Korea (Korea Eximbank) will support establishing two vocational training institutes in Sri Lanka, namely, …