Prima Ceylon eyes more investments as it completes 40 years in Sri Lanka
Feb 28, 2019 (LBO) - Prima Ceylon, the flagship company of the Prima Group Sri Lanka, celebrated four decades of successful partnerships and growing together …
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Resus Energy to invest Rs.1.3Bn in hydro and solar power projects in Sri Lanka
Feb 26, 2019 (LBO) - Resus Energy PLC a renewable energy firm says they will be investing a staggering 1.3 billion rupees hydropower and solar power projects …
Sri Lanka’s vehicle registrations rebounds in Jan 2019
Feb 26, 2019 (LBO) - Sri Lanka's vehicle registrations in the month of January 2019 on most categories have rebounded after witnessing a steep decline in …
Sri Lanka’s Ceylinco Life posts income of Rs.29.2Bn; PBT of Rs7.2 Bn in 2018
Feb 26, 2019 (LBO) - Ceylinco Life has reported total income of 29.21 billion rupees for the year ending 31st December 2018 and recorded premium income of 17.8 …
Inflation likely to remain in 4 – 6 percent range in 2019: Central Bank projections
Feb 22, 2019 (LBO) – Projections of the Central Bank indicates that inflation is likely to remain in the desired 4 - 6 percent range in 2019 and beyond. …
Sri Lanka Tea export volumes and revenue up in Jan 2019
Feb 21, 2019 9LBO) - Sri Lanka tea export volumes for the month of January 2019 totalled 23.6 M/kgs, showing a gain of 2.7 M/kgs from the same period last …
Sri Lanka could grow 20-pct in long-run by closing gender gap: WB Vice President
Feb 20, 2019 (LBO) – Sri Lanka specifically could grow its economy by as much as 20 percent in the long-run by closing the gender gap in the workforce, …
ADB, SL Uni’s ink deal of USD145Mn for science and tech higher education
Feb 14, 2019 (LBO) - The Asian Development Bank (ADB) and four Sri Lankan universities signed project agreements totaling US 145 million dollars under the ADB …
Sri Lanka Trade Min. launches digital platform for small, informal biz
Feb 14, 2019 (LBO) - Sri Lanka has began work on the first national digital data bank for its SMEs and entrepreneurs recently with the backing of a Singaporean …
Sri Lanka PM launches island’s first social innovation lab
Feb 14, 2019 (LBO) - The Citra Social Innovation Lab, co-developed by the Ministry of Science, Technology and Research and the United Nations Development …
Hayleys records third quarter PBT of Rs.1.7Bn
Feb 12, 2019 (LBO) - Sri Lankan multinational, Hayleys PLC, recorded a strong all-round performance in the third quarter of 2018 (3Q18), as the Group turnover …
Sri Lanka tourist arrivals up 2.2-pct in Jan 2019
Feb 12, 2019 (LBO) - The total number of international tourist arrivals to Sri Lanka during January 2019 was 244,239. In comparison to January 2018, there is …
Fuel prices increased but no room to increase transport charges: Finance Ministry
Feb 11, 2019 (LBO) – Government today revised the fuel prices and accordingly the prices of one liter of Petrol Octane 92 and the Auto Diesel have been …
Teejay reports 9-month net profit of Rs 1.26Bn
Feb 08, 2019 (LBO) - Teejay Lanka PLC has achieved its fifth consecutive quarter of top and bottom line growth in the third quarter of 2018-19, demonstrating …
Eminent lawyer K Kanag-Isvaran highlights need for Tax Ombudsman
Feb 07, 2019 (LBO) – President’s Counsel Dr. K. Kanag-Isvaran, who is one of the country’s most respected lawyers highlighted the need for a “Tax …
Haycarb records turnover of Rs.14.3Bn for 9 months ending Dec
Feb 07, 2019 (LBO) - Sri Lankan multinational Haycarb PLC reported revenue of Rs. 14.3 billion and profit before tax of Rs. 854 million for the nine months …
Fitch announce re calibration of Sri Lankan National rating scale
Feb 05, 2019 (LBO) - Fitch Ratings said today it will re-calibrate the Sri Lankan National Rating scale to reflect changes in the relative creditworthiness …
Political leaders failed to develop SL; No National government
Feb 05, 2019 (LBO) - President Maithripala Sirisena while addressing the nation during the Independence Day celebration touched on several political and …
Feature story: Seeds for a brighter future
Feb 01, 2019 (LBO) - Rajnikansan Arushanandi’s son Brideman is in Grade 5 but he knows more about gardening than she does. buy ciprodex online …
Colombo Port to get pilot boats for more efficient service
Jan 31, 2019 (LBO) - The Sri Lanka Ports Authority (SLPA) will sign an agreement with Colombo Dockyard PLC to build two pilot boats for Colombo Port enabling …