Sri Lanka inflation at 5-pct in Sept 2019
Oct 22, 2019 (LBO) - Sri Lanka’s National Consumer Price Index (NCPI) increased to 5 percent from 3.4 percent recorded in August on a year-on-year basis, the …
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Farm Smart: Developing Sri Lanka’s agriculture sector in the 4IR
Manoj Thibbotuwawa and Nimesha Dissanayaka Rapid population growth has put tremendous pressure on the world’s agricultural systems to provide safe and …
SriLankan Airlines clinches South Asia’s No 01 slot again
Oct 18, 2019 (LBO) - SriLankan Airlines was adjudged the ‘Leading International Airline’ in South Asia for the third consecutive year at the South Asian …
LankaPay, JCB International announce commercial roll-out of National card scheme
Oct 16, 2019 (LBO) - LankaClear (Pvt) Limited, the operator of LankaPay, Sri Lanka’s National payment network, together with JCB International Co., Ltd. , …
Sri Lanka hosts first meeting of mangrove ecosystems and livelihood action group
Oct 16, 2019 (LBO) - The first meeting of the mangrove ecosystems and livelihood action group (MELAG) under the Commonwealth blue charter, was held recently in …
SL should prepare implementable electricity generation plans: Nishan de Mel
Oct 15, 2019 (LBO) - Sri Lanka should prepare implementable and consistent electricity generation plans incorporating PESTAL factors, global trends and policy …
Sri Lanka CB maintains policy rates unchanged
Oct 11, 2019 (LBO) - Sri Lanka's Monetary Board has decided to maintain the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) …
EU provides Euro 40Mn to strengthening transformation, reconciliation
Oct 10, 2019 (LBO) - The European Union (EU) is providing 40 million euros to Sri Lanka to co-finance the "Strengthening Transformation, Reconciliation and …
Sri Lanka unemployment up in Q2 2019
Oct 09, 2019 (LBO) - T h e n u m b e r o f unemployed persons in Sri Lanka is estimated as 420,231 or 4.9 percent during the second quarter 2019, a new report …
Sri Lanka needs consistent energy policy to attract investors: Prof Samarajiva
Oct 09, 2019 (LBO) - Sri Lanka is in the need of consistent and solid policies in order to attract investors and planned infrastructure framework which should …
Sri Lanka tourist arrivals down 27-pct in Sep 2019
Oct 07, 2019 (LBO) - The total number of tourist arrivals to Sri Lanka during September 2019 was 108,575, down from 149,087 visitors or 27.2 percent from the …
Cinnamon’s 15th property, Velifushi Maldives opens
Oct 07, 2019 (LBO) - Cinnamon Hotels and Resorts, the leisure arm of John Keells Holdings continues expansion with the opening of its newest hotel, Cinnamon …
Esala Weerakoon approved as next secretary-general SAARC
Oct 07, 2019 (LBO) - The informal meeting of the council of ministers of the South Asian Association for Regional Cooperation (SAARC) held in New York last …
Access Engineering buys warehouse -logistics firm for Rs.925Mn
Oct 03, 2019 (LBO) - Access Engineering PLC has bought 100 percent stake of WUS Logistics Ltd. The shares were bought at for 925 million rupees, the company …
Sri Lanka tea prices down in first nine months of 2019
Oct 03, 2019 (LBO) - All elevations show a negative variance January-September 2019 compared with January-September 2018 and high growns show the …
Sec Aryasinha on Sri Lanka’s obstacles on peacekeeping contribution to UN
Oct 01, 2019 (LBO) - Sri Lanka's Foreign Secretary Ravinatha Aryasinha at the 74th UN General Assembly Session, met with Jean-Pierre Lacroix, under secretary …
Developing human capital key for SL’s to become upper-middle-income economy
Sep 27, 2019 (LBO) - Sri Lanka needs to invest in people to unlock its productive potential, a senior official said. “People are the most valuable resource …
Sri Lanka trade deficit widens in July; export earnings decline
Sep 26, 2019 (LBO) - The trade deficit widened in July 2019 as exports fell more than the decline in imports, new data shows. Export earnings recorded a …
International expert calls for policy recalibration to support property development
Sep 25, 2019 (LBO) - The future of Sri Lanka’s economic development hinges on how domestic policies towards real estate evolve, particularly with respect to …
Global financial assets fall, SL economy slows: Report
Sep 20, 2019 (LBO) - Allianz’s Global Wealth Report, which puts the asset and debt situation of households in more than 50 countries/regions under the …