VC fund BOV Capital invests in OMAK Technologies
Nov 08, 2016 (LBO) - BOV Capital has led a successful investment round for OMAK Technologies, a fast growing regional restaurant management solutions provider …
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Budget 2017 will bring change to Sri Lanka: Ravi K
Nov 08, 2016 (LBO) - Sri Lanka's Budget 2017 will reduce cost of living and strengthen investments, the Finance Minister said. online pharmacy buy diflucan …
Sri Lanka tourist arrivals up 14-pct in October 2016, India, China lead
Nov 07, 2016 (LBO) – Tourist arrivals to Sri Lanka were up by 13.7 percent in October 2016 from a year ago with Indian and Chinese markets growing in double …
Gemfields PLC announces preferred suppliers for supply chain
Nov 07, 2016 (LBO) - Ratnapura Lanka Gemstones, a subsidiary of Gemfields plc, has announced the shortlisting of preferred suppliers following the call for …
Ceylon Chamber concerned over pharma product pricing
Nov 07, 2016 (LBO) - The Ceylon Chamber of Commerce has expressed concerns about fixed prices on medicinal drugs announced by Government Gazette. "Sri Lanka …
India, Sri Lanka hold ministerial talks on fishermen
Nov 07, 2016 (LBO) - India and Sri Lanka have held ministerial level talks to find solutions to fishermen's issues. External Affairs Minister Sushma Swaraj and …
Smart reforms could improve Sri Lanka’s exports: World Bank
Nov 07, 2016 (LBO) - Sri Lanka could grow it exports by encouraging resources to more productive firms through managing urbanization and fostering …
Sri Lanka’s JKH net up 8-pct in September 2016 quarter
Nov 04, 2016 (LBO) – Sri Lanka’s diversified conglomerate John Keells Holdings group net profits rose 8 percent to 3.8 billion rupees in the September …
Sri Lanka’s Aitken Spence second quarter profits up 50-pct
Nov 07, 2016 (LBO) - Aitken Spence PLC posted 540 million rupees as profits attributable to equity holders of the company in the second quarter, an increase of …
Sri Lanka October tea prices reach record levels
Nov 04, 2016 (LBO) - Sri Lankan tea prices at the Colombo auctions were at an new monthly high in October 2016 as volumes fell but demand picked up. “Auction …
President assures CB bond issue investigation free from political interference
Nov 04, 2016 (LBO) - Sri Lanka's president assured that the investigation into Central Bank bond issue will be free from political interference and that there …
Sri Lanka awards USD58mn railway tender to only bidder
Nov 03, 2016 (LBO) – Sri Lanka’s cabinet nod has been given to award a tender to the only bidder who submitted a bid to supply six Diesel Multiple Units …
Sri Lanka to call EOI’s for multi-modal transport hub
Nov 03, 2016 (LBO) - Sri Lanka's cabinet of ministers has approved for the Megapolis and Western Development Ministry to call for expressions of interest to …
Sri Lanka to establish independent agency for tenders
Nov 03, 2016 (LBO) - Sri Lanka's cabinet has given the nod to streamline the process and transparency on all state tenders by establishing an independent …
Sri Lanka grants 25 year income tax waiver for Port City developer
Nov 02, 2016 (LBO) – Sri Lanka’s cabinet has approved granting of exemptions for the project company of the Colombo Port City in terms of the Strategic …
Former Sri Lankan brigadier responsible for Northern ‘Ava’ gang: Rajitha
Nov 02, 2016 (LBO) – Sri Lanka’s Co-cabinet Spokesman Rajitha Senaratne on Wednesday accused a former brigadier for literally forming the ‘Ava’ violent …
USD1 bln expected from Hambantota port sale: CB Governor
Nov 02, 2016 (LBO) - Sri Lanka could expect a one billion dollar inflow to the economy in about five months time through the sale of a stake in the Hambantota …
GSP+ final decision by May 2017, tangible progress needed: EU
Nov 02, 2016 (LBO) - National reconciliation, the empowerment of women and Sri Lanka’s application for the General System of Preferences (GSP+) were the main …
Illegal arrest, torture and harassment continuing in Sri Lanka: AHRC
Nov 01, 2016 (LBO) - The Asian Human Rights Commission (AHRC) said on Tuesday an individual illegally arrested and tortured in Ja-Ela, and the harassment of a …
Sri Lanka Central Bank keeps rates steady ahead of budget
Oct 31, 2016 (LBO) – Sri Lanka’s central bank on Monday decided to keep its key interest rates steady, a few days ahead of the national budget. …