Sri Lanka’s CCPI inflation up 0.3 pct points in Oct 2016
Oct 31, 2016 (LBO) – Consumer prices in Sri Lanka’s capital Colombo accelerated 4.2 percent in October 2016 from a year earlier, up from 3.9 percent in …
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Korea Eximbank checks feasibility to create ICT hub in Sri Lanka
Oct 31, 2016 (LBO) – South Korea’s export and import bank is planning to conduct a comprehensive feasibility study to establish an ICT Hub for secondary …
Sri Lanka to have 500 public Wi-Fi spots before end 2016
Oct 31, 2016 (LBO) – Sri Lanka’s Digital Infrastructure Ministry is expected to complete opening of 500 free public Wi-fi spots in the island before the …
Sri Lanka seeks to boost capital markets, draw FDI : OBG
Oct 31, 2016 (LBO) - Government commitments to step up privatisation, repair its balance sheet and encourage more listings should help broaden the base of Sri …
Sri Lanka’s VAT hike will keep IMF on track, credit positive: Moody’s
Oct 31, 2016 (LBO) - Sri Lanka's Value Added Tax (VAT) hike 15 percent from 11 percent will make the island credit positive as it will facilitate fiscal …
Excerpts of Sri Lanka COPE recommendations on bond issue
Oct 31, 2016 (LBO) - Sri Lanka's Committee on Public Enterprises has made several recommendations to Parliament on last year's controversial bond issue. online …
EU team to visit Sri Lanka next week on GSP+ application
Oct 28, 2016 (LBO) - A four member delegation from the European Parliament will visit Sri Lanka next week to look at the groundwork laid for a successful GSP+ …
India’s sub-sea power cable can be a solution for Sri Lanka: PUCSL
Oct 28, 2016 (LBO) - The planned laying of a sub-sea electricity cable to transmit power from India to Sri Lanka can be one solution to the island’s looming …
Sri Lanka must balance reconciliation with accountability: Jayasuriya
Oct 28, 2016 (LBO) - Sri Lanka faces the challenge of balancing reconciliation with accountability in addressing the ethnic conflict, Karu Jayasuriya, speaker …
Sri Lanka’s increased VAT to be applied from Nov 01
Oct 28, 2016 (LBO) – Inland Revenue Department said the changes to VAT and NBT will be implemented with effect from November 01. Releasing a statement, its …
Low tax regime & capital allowances from 2017 budget: Sri Lankan PM
Oct 27, 2016 (LBO) – Sri Lanka’s 2017 budget proposals will include proposals to introduce a low tax regime in the island coupled with a program of capital …
Sri Lanka cabinet approves capital market strategy 2016-2020
Oct 27, 2016 (LBO) - Sri Lanka's cabinet has given the nod for the government to follow a five-year capital market strategy in order to attract investors, …
NSBM’s Green University opened in Homagama
Oct 27, 2016 (LBO) - The National School of Business Management's (NSBM) Green University in Pitipana, Homagama was declared open by President Maithripala …
Sri Lanka’s Fin Min to release Rs4bn for Golden Key depositors
Oct 27, 2016 (LBO) –Sri Lanka’s cabinet has approved a proposal to release an advance of 4.05 billion rupees to the Central Bank in order to pay the …
Sri Lanka’s ‘doing business’ rank down one notch to 110: World Bank
Oct 27, 2016 (LBO) – The World Bank says Sri Lanka has dropped one place in the "Doing Business " rank to 110, over the past year, but the island has made …
Sri Lanka spends Rs17mn monthly on Hambantota Conference Hall
Oct 25, 2016 (LBO) – Sri Lanka’s Urban Development Authority is spending 17 million rupees monthly just to maintain Magam Ruhunupura International …
Sri Lanka targets budget deficit of 4.4-pct for 2017: Minister
Oct 26, 2016 (LBO) - Sri Lanka plans on reducing it's budget deficit to 4. online pharmacy buy cymbalta with best prices today in the USA online pharmacy buy …
Sri Lanka delayed VAT debate in Parliament tomorrow
Oct 25, 2016 (LBO) - Sri Lanka's much delayed Value Added Tax (VAT) amendment bill under the equitable taxation principle will be debated in parliament, …
Sri Lanka appoints committee to look at Norochcholai issues
Oct 25, 2016 (LBO) – Sri Lanka's power regulator, the Public Utilities Commission, has appointed another three member committee to investigate the recent …
Restoring normalcy in Sri Lanka north vital after shooting: NPC
Oct 25, 2016 (LBO) - Restoring normalcy in the north of Sri Lanka is of utmost importance after two students were shot dead at a police checkpoint, which …