Sri Lanka’s CCC and Police to discuss law enforcement matters
Sept 08, 2016 (LBO) - The Ceylon Chamber of Commerce, the National Police Commission and the Sri Lanka Police says they will will hold a seminar with the …
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LBR LBO Infrastructure Summit 2016 to focus on transformative power of “Western Region Megapolis Project”
Sep 08, 2016 (LBO) - Leading local and foreign urban planners, legal experts, technology professionals, policy makers, academics, researchers and senior …
Sri Lanka tourist arrivals up 11.8-pct in Aug 2016, China tops India
Sep 07, 2016 (LBO) – Tourist arrivals to Sri Lanka rose 11.8 percent in August to 186,288 visitors compared with the same month last year, official data …
IMF’s Lagarde urges action to deliver on G20’s Hangzhou commitments
Sept 06, 2016 (LBO) - Christine Lagarde, Managing Director of the International Monetary Fund (IMF), called on the leadership of the Group of 20 (G20) to …
Sri Lanka exports fell 5-pct in June, trade gap widens 6-pct
Sept 05, 2016 (LBO) – Sri Lanka’s exports fell 5.0 percent to 897 million US dollars in June 2016, while imports dropped a slower 0.2 percent to 1,676 …
Ban Ki-moon sees development, commends steps towards reconciliation
Sept 05, 2016 (LBO) - UN Secretary General Ban Ki-moon said he had seen economic development in the island since his last visit in 2009, and commended steps …
Indian Ocean Region, significant playing field for big powers: PM
Sept 02, 2016 (LBO) – Sri Lanka’s Prime Minister says the Indian Ocean region has always been a significant playing field for big powers and historically …
Sri Lanka expected to hold rates steady in 2016: Stan Chart
(Corrected to reflect typo in report. USD/LKR seen at 152 by end 2017) Sept 02, 2016 (LBO) - Sri Lanka is expected to hold interest rates steady for the rest …
HNB approves USD50 mln share issue to ADB, up to 9.9 pct stake
Sept 01, 2016 (LBO) - The Hatton National Bank PLC board has approved issuing shares for 50 million dollars to the Asian Development Bank by way of a private …
Sri Lanka’s Volkswagen project temporarily halted: Minister
Aug 29, 2016 (LBO) – The proposed project to set up a Volkswagen car plant in Sri Lanka has temporarily been halted, Deputy Minister of Public Enterprise …
Sri Lanka’s tea industry opposes state interference to use levy
Aug 29, 2016 (LBO) – Sri Lanka’s tea industry players have opposed the Finance Ministry’s move to appropriate the funds accumulated by Tea Board, …
Singapore’s decision to air-gap public sector closely watched
Aug 29, 2016 (LBO) - Singapore is working on how to "air gap" web access for public servants as a defense against cyber attacks, a media report said.buy …
LAUGFS Lubricants opens Sri Lanka’s first Tribology Park
Aug 26, 2016 (LBO) - LAUGFS Lubricants has opened Sri Lanka’s first Tribology Park at the BOI Export Processing Park in Nittambuwa, for research and …
Sri Lanka seeks Indian subcontinent partner for Port’s ECT
Aug 26, 2016 (LBO) - Sri Lanka is seeking a partner from the Indian subcontinent to develop a port designed to be its deepest and accommodate the world’s …
Sri Lanka must plug into global production networks: Harsha de Silva
Aug 25, 2016 (LBO) – Sri Lanka needs to get into the game of global production networks and needs to treat trade agreements seriously, a government minister …
Sri Lanka should develop Indian, Chinese markets: Tourism minister
Aug 25, 2016 (LBO) - Sri Lanka will be looking towards China and India for growth, in terms of geography, while looking for niche sector growth from MICE …
Sri Lanka to subsidize smallholder tea, rubber and coconut fertilizer
Aug 24, 2016 (LBO) - Sri Lanka’s cabinet has approved a fertilizer subsidy for tea, coconut and rubber smallholders who own cultivated land in extent of two …
Sri Lanka to regulate lubricants, bitumen through PUCSL
Aug 24, 2016 (LBO) –Sri Lanka’s cabinet has approved appointment of the Public Utilities Commission as the regulator of the lubricant industry and bitumen …
U.S. Pacific Command completes assistance operation in north
Aug 24, 2016 (LBO) - A multinational team led by U.S. Pacific Command has concluded a week-long assistance program in Jaffna, providing general medical care …
Suspension of melodious SriLankan pilot, too little too late
Aug 22, 2016 (LBO) – SriLankan Airlines, which usually gets in the spotlight for allegations of cronyism, has done a turnaround by suspending a pilot who …