More Sri Lanka IPOs to come by end 2016: CSE official
Aug 19, 2016 (LBO) – Sri Lanka will see some new IPOs on the Colombo Stock Exchange by the end of 2016 and also expect some non strategic state enterprises …
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Sri Lanka tourist arrivals hit all-time high in July 2016
Aug 19, 2016 (LBO) – Tourist arrivals to Sri Lanka hit an all-time high in July this year, statistics from Sri Lanka Tourism Development Authority showed. …
Sri Lanka inks deal for ICT cooperation with Huawei
Aug 18, 2016 (LBO) – Sri Lanka's Ministry of Telecommunication and Digital Infrastructure and Huawei have signed a Memorandum of Understanding on information …
Sri Lanka wants 20 pct of consumers to produce solar power: Cabinet
Aug 18, 2016 (LBO) - Sri Lanka's Cabinet has approved promoting solar power on the roofs of homes so that at least 20 percent of consumers produce electricity. …
Opinion: Sampur Coal vs LNG – backward looking policy on display
By Lancelot The Sampur power plant has been a topic of much contention over the last few years. Now there is a school of thought that the plant should be …
China to set up canned fish, gem and jewelry firms in Hambantota
Aug 16, 2016 (LBO) - Chinese firms have shown keen interest in setting up tinned fish, and gem and jewellery enterprises in a proposed special industrial zone …
LSE business division to open HQ in Sri Lanka soon
Aug 15, 2016 (LBO) – London Stock Exchange Group’s Business Services division (LSEG BSL) will soon open its new headquarters in the historic Expert City …
Sri Lanka to Host Asia Hotel and Tourism Investment Conference
Aug 15, 2016 (LBO) - Sri Lanka, one of the top two emerging hotel and resort markets in Asia, is to host the first Asia Hotel and Tourism Investment Conference …
SLT gets full landing status for SEA-ME-WE 5 in Matara
Aug 12, 2016 (LBO) - Telecommunications and ICT solutions provider, Sri Lanka Telecom PLC (SLT), says it has gained full landing status of SMW5 Cable Station …
SriLankan Airlines to lease aircraft to Pakistan Int’l Airlines
Aug 11, 2016 (LBO) – SriLankan Airlines has entered into a “wet lease” agreement with Pakistan International Airlines (PIA), owned by the government of …
Sri Lanka cabinet approves purchase of fighter aircraft
Aug 11, 2016 (LBO) - Sri Lanka's cabinet has approved the purchase of new fighter aircraft following a proposal by President Maithripala Sirisena who is also …
Sri Lanka to get Singapore technical assistance for Megapolis
Aug 11, 2016 (LBO) – Sri Lanka’s government will sign a Memorandum of Understanding with Singapore’s International Enterprise Singapore to get assistance …
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 …
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 …