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 …
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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 …
Sri Lanka CEB, LECO must keep regulatory accounts from 2017: PUCSL
Jul 26, 2016 (LBO) – Sri Lanka’s Public Utilities Commission (PUCSL) today launched training for regulatory accounts for Ceylon Electricity Board (CEB) and …
Major natural gas reserve found in Indian Ocean: USGS
July 26, 2017 (LBO) - The U.S. Geological Survey (USGS) says it has assisted the Government of India in the discovery of large, highly enriched accumulations …
Thailand’s Siam City Cement to acquire Sri Lanka’s Holcim for USD400 Mln
July 25, 2016 (LBO) - Thailand's Siam City Cement Public Company Limited will proceed with an acquisition of 98.95 percent shares in Holcim (Lanka) Limited, …
Sri Lanka needs more loans to face transitional period: PM
July 22, 2016 (LBO) – Sri Lanka's Prime Minister Ranil Wickremesinghe said the government needs some more loans from countries like China, Japan and India to …
Anuradhapura North to get water pipelines in Rs32 bln project
July 22, 2016 (LBO) - Sri Lanka's cabinet has approved a water supply project for Anuradhapura North with a 32. buy tadasiva online …
PM to use Singapore expertise for Beira Lake development
July 20, 2016 (LBO) – Sri Lanka’s Prime Minister Ranil Wickremesinghe says the country is looking forward to using Singapore's expertise for the Beira …
Operational aspects more important than startup valuation: Nissanka
July 20, 2016 (LBO) - Operational aspects of startup IT companies are more important than discussions over valuation, a venture capital expert said at a forum …
Sri Lanka’s Port City to apply its own economic, commercial laws: PM
July 18, 2016 (LBO) – The proposed Financial City better known as the Port City will function as a special jurisdiction area with its own economic and …