Sri Lanka CDS to introduce electronic voting and IPO facility this year
June 16, 2016 (LBO) – Sri Lanka’s Central Depository Systems is looking forward to introduce a fully-fledged electronic IPO and voting system during this …
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Sri Lanka GDP expands 5.5-pct in first quarter 2016
June 15, 2016 (LBO) – Sri Lanka’s economy expanded 5. buy orlistat online gaetzpharmacy.com/dir/orlistat.html no prescription 5 percent in the first …
Italian firm mulls Tyre manufacturing in Sri Lanka with USD75mn
June 15, 2016 (LBO) – An Italian firm has sought BOI approval to set up a radial and industrial Tyre manufacturing and retreading plant in Horana area as a …
Sri Lanka cabinet approves reintroduction of capital gains tax
Jun 15, 2016 (LBO) - The cabinet committee on economic management has agreed to reintroduce the capital gains tax (CGT) to rectify the increase in the …
Sri Lanka’s NBT should be abolished, minimal exemptions for VAT: IMF
June 15, 2016 (LBO) – International Monetary Fund’s latest staff report has suggested that Sri Lanka should minimize the exemptions provided under the …
Sri Lanka promises to reform Airline, public sector, fuel pricing to IMF
June 15, 2016 (LBO) - Sri Lanka has committed to reforming government finances and the public sector, in its letter of intent to the International Monetary …
Sri Lanka must get finances in order: IMF
June 14, 2016 (LBO) - Sri Lanka needs to put its fiscal house in order, the International Monetary Fund said, revealing details of the 1.5 billion dollar …
IFC looks to fund Sri Lanka infrastructure, tourism and energy
Jun 13, 2016 (LBO) - The International Finance Corporation, a part of the World Bank group, said they are focusing on financing financially viable projects in …
South Asia developing 7.1 pct; Sri Lanka falling behind on debt, growth
June 10, 2016 (LBO) - Growth in South Asia is expected to reach 7.buy valtrex online buy valtrex online no prescription 1 percent in 2016 and strengthen to 7.3 …
IMF confirms Sri Lanka has additional Rs1.3 trillion liabilities
June 09, 2016 (LBO) – Sri Lanka’s government has been informed by the International Monetary Fund (IMF) that they have identified 1. online pharmacy buy …
Sri Lanka to introduce capital gains tax & remove exchange control: PM
June 09, 2016 (LBO) – Sri Lanka’s government will remove exchange control regulations before the end of this year with improved inflows coming into the …
Sri Lanka Ports Authority calls EOIs to develop East Container Terminal
June 09, 2016 (LBO) - The Sri Lanka Ports Authority has invited expressions of interest to develop the East Container Terminal of the Colombo Port on a build …
Sri Lanka ministers need good vehicles to serve people: Rajitha
June 08, 2016 (LBO) – Sri Lanka’s ministers should be given proper vehicles to serve the public though there may be public resistance to tax-free vehicles, …
Sri Lanka exports, imports decline; trade gap shrinks in February
June 07, 2016 (LBO) – Sri Lanka’s exports fell 1.7 percent to 887.7 million US dollars in February, while imports fell at a faster 5.9 percent to 1,439.3 …
IMF approves 36-month EFF facility of USD1.5 Bln to Sri Lanka
June 04, 2016 (LBO) - The Executive Board of the International Monetary Fund (IMF) has approved a 36-month Extended Fund Facility (EFF) to Sri Lanka for 1.5 …
Korean firm wants to revive KKS cement with USD450mn investment
June 03, 2016 (LBO) - Korea's AFKO group is interested in reviving the Kankesanthurai cement plant with a 450 million dollar investment, the Ministry of …
Sri Lanka drops Bus Rapid Transport proposal from Megapolis
June 02, 2016 (LBO) – The transport committee of Sri Lanka's Western Megapolis has dropped an earlier proposal to introduce a Bus Rapid Transport (BRT) …
Neoliberalism oversold? Inequality throttles growth, say IMF economists
June 02, 2016 (LBO) - Instead of delivering growth, some neoliberal policies increase inequality which in turn jeopardize sustainable development, three IMF …
Federal proposal among Sri Lankan views on constitutional reform: PRC
June 01, 2016 (LBO) – Sri Lanka’s Public Representations Committee (PRC) on constitutional reforms has received various proposals from the public including …
Sri Lanka to sign MoU with Singapore’s Surbana Jurong to develop Trinco
Jun 01, 2016 (LBO) – Sri Lanka’s Minister of International Trade said that Surbana Jurong, a firm specializing in urbanization and infrastructure …