Sri Lanka Tanzania Investment Chamber launched in Dar es Salaam
Aug 11, 2016 (LBO) - Sri Lanka and Tanzania look set to expand business and investment promotion between the two countries with the launch of the Sri Lanka …
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No more aircraft for Sri Lankan; reports not submitted: COPE
Aug, 10, 2016 (LBO) – The Committee on Public Enterprises (COPE) of Sri Lanka’s parliament has recommended that SriLankan airlines officials not to go …
Sri Lanka Supreme Court blocks bill raising VAT
Aug 09, 2016 (LBO) - Sri Lanka's Supreme Court has ordered parliament to stop considering a bill to raise value-added tax (VAT) because the drafting of the …
Sri Lanka exports fell 12-pct in May; trade gap widens 16-pct
Aug 09, 2016 (LBO) – Sri Lanka’s exports fell 12 percent to 776.3 million US dollars in May 2016, while imports rose 0.3 percent to 1,589.8 million US …
Sri Lanka needs to accelerate broadband development: Harin
Aug 09, 2016 (LBO) - Sri Lanka's government says that as the island embarks on a journey of transformation to become a digitally enabled and empowered society, …
FCID collecting vital information necessary for governance: official
Aug 06, 2016 (LBO) - A stream of former government and corporate officials who have been questioned by the Financial Crimes Investigation Division (FCID) of …
Sri Lanka Central Bank reforms bond trading
Aug 05, 2016 (LBO) - Sri Lanka's Central Bank will introduce several improvements to the process of trading treasury bonds and reporting of bond trades, a …
ETCA first round of negotiations starts soon: Indian High Commissioner
Aug 04, 2016 (LBO) – India’s High Commissioner in Sri Lanka Y. K. Sinha says that the first round of negotiations on the Indo-Sri Lanka Economic and …
Sri Lanka’s Port City developer withdraws compensation claims
Aug 02, 2016 (LBO) – Sri Lanka’s port city developer CHEC Port City Colombo, who is handling the project for the Chinese investor, China Communications …
Implementation, delivery, execution key: Malaysia’s Pemandu CEO
Aug 02, 2016 (LBO) - Malaysia's model for economic growth in recent years has been driven by a focus on implementation, delivery and execution, Dato Sri Idris …
Expectations of economic management not being met: Razeen Sally
Aug 02, 2016 (LBO) - After 18 months of Sri Lanka's new administration, expectations that proper economic management would be in place are going unmet, Prof …
Sri Lanka’s exports lagging in Asia: Governor
Aug 02, 2016 (LBO) - Sri Lanka's exports, as a percent of GDP, fall far below other countries in the region, Central Bank Governor Indrajit Coomaraswamy said …
Sri Lanka has demand for higher yielding financial instruments: Nandalal
Aug 01, 2016 (LBO) – Sri Lanka’s Central Bank Deputy Governor says there is an ample demand among insurance companies, provident funds and other …
World Bank approves USD100 mln to support govt’s economic reforms
Aug 01, 2016 (LBO) - The World Bank Board has approved a 100 million dollar credit from the International Development Association (IDA) to support the …
No more debate on monorail vs. LRT, Japan confirms funding
Jul 29, 2016 (LBO) - Sri Lanka’s government confirmed that the Japanese government will fund the islands proposed Light Rail Transit (LRT), ending a debate …
Modi says Indian cooperation must happen as per Sri Lankan aspirations
July 28, 2016 (LBO) – Indian Prime Minister Narendra Modi today said that India’s development cooperation with Sri Lanka must happen as per aspirations of …
No quick fixes for Sri Lanka economy, future sunny: CB Governor
Jul 28, 2016 (LBO) - Sri Lanka's new Central Bank governor says that he aims to have stable policies with strong fundamentals as opposed to quick fixes.buy …
Moratuwa Uni “D-Mora P1” car wins accolades at Formula Student UK 2016
July 28, 2016 (LBO) The D-Mora P1 race car built by the engineering students from the University of Moratuwa with the backing of Diesel & Motor Engineering PLC …
China special investment zone to create 1mn jobs in Hambantota
Jul 26, 2016 (LBO) – The Chinese government has requested for 15,000 acres of land in Hambantota for a special economic zone that will create around one …
Malik assures ETCA and other FTAs won’t impact local jobs
Jul 26, 2016 (LBO) – Sri Lanka is currently at the formulating stage of Free Trade Agreements with China and Singapore and an “Economic Technology …