Toll free hotline ‘1984’ launched to obtain tip-offs about drug smugglers
Jan 21, 2019 (LBO) – Sri Lanka’s President Maithripala Sirisena has inaugurated a hotline for the public to inform authorities about the acts of drug …
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Govt calls for exploration bids in block M2, Mannar Basin
Jan 18, 2019 (LBO) - Sri Lanka's government has called for international competitive bids for exploration and development activities in Block M2, Mannar …
Sri Lanka manufacturing activities decrease in Dec 2018
Jan 19, 2019 (LBO) - Manufacturing activities increased at a slower rate in December compared to November mainly driven by the slowdown in employment and …
Sri Lanka enters into five MOUs with Philippines
Jan 17, 2019 (LBO) - Sri Lanka and Philippines signed five Memorandum of Understanding (MOUs) on education, tourism, agricultural and economic corporation. …
IMF to visit Colombo in mid-Feb to resume program discussions: Christine Lagarde
Jan 16, 2019 (LBO) – The International Monetary Fund remains ready to support the Sri Lankan authorities and an IMF team is scheduled to visit Colombo in …
Sri Lanka’s Colombo Port- city dredging completed ; Ready for investors
Jan 14, 2019 (LBO) - Sri Lanka’s proposed Financial City better known as the Port City has now fully completed land reclamation, Ministry of Megapolis and …
Foreign Minister calls on Sri Lankan diplomats to boost islands image through diplomacy
Jan 14, 2019 (LBO) - Foreign Minister Tilak Marapana has called on Sri Lankan diplomats to boost the image of the country overseas through efficient and …
China’s CSCEC named as contractors for TRI-ZEN
Jan 14, 2019 (LBO) - Sri Lanka's Braybrooke Residential Towers (Pvt) Ltd announced that it had appointed China State Construction Engineering Corporation Ltd …
Sri Lanka President appoints more non-cabinet ministers
Jan 11, 2019 (LBO) - Three more parliamentarians have been sworn in by President Maithripala Sirisena to Sri Lanka's government. Issuing a statement the …
Democracy Index 2018: Sri Lanka ranking falls more than others in region after crisis
Jan 09, 2019 (LBO) – Sri Lanka’s democracy ranking has fallen more than any other country in the region with a marked decrease in its score from 6.48 in …
Recent rupee depreciation aligned with capital outflows not current account
Jan 08, 2019 (LBO) – Sri Lanka’s Central Bank Governor says that the rupee depreciation is no longer aligned with fundamentals in terms of current account …
Sri Lanka’s Biz Chamber to host 2019 Outlook Seminar
Jan 07, 2019 (LBO) - The Ceylon Chamber of Commerce will organize its annual outlook seminar for 2019 under the theme of ‘Building Resilience Amidst …
Sri Lanka Budget 2019: Targets public revenue to increase 17-pct, Debt to GDP down to 70-pct
Jan 07, 2019 (LBO) - Sri Lanka's Finance Ministry says Budget 2019 will increase public revenue to 17 percent of Gross Domestic Product (GDP) while capital …
Hayleys Advantis partners with Trustworthy.Ae Group to manage Abu Dhabi container facility
Jan 07, 2019 (LBO) - Hayleys Advantis , the transportation and logistics arm of Hayleys PLC, announced that it has entered into a deal with Dubai-based …
LRT project to kick start in 2019 : Cabinet nod for Japanese aid of USD1850Mn
Jan 04, 2019 (LBO) - Sri Lanka's Finance Ministry says that cabinet approval has been received to go ahead with US 1850 million dollar loan agreement with …
LankaPropertyWeb.com Acquires Lamudi.lk
Jan 04, 2019 (LBO) - Sri Lanka’s leading property portal LankaPropertyWeb has announced the acquisition of the country’s no.2 property portal lamudi.lk. …
Sri Lanka and Nepal to strengthen economic cooperation
Jan 02, 2018 (LBO) - The Embassy of Sri Lanka in Nepal, together with the Nepal- Sri Lanka Chamber of Commerce and Industry organized a programme on …
Sri Lanka’s Dialog announce live transmission of South Asia’s first 5G pilot
Jan 01, 2019 (LBO) - Dialog Axiata announced the commissioning of South Asia’s first fully functional and standards compliant 5G transmission using …
Huawei’s Ken Hu expresses confidence in business
Dec 28, 2018 (LBO) - Huawei rotating Chairman Ken Hu issued a strong message of confidence in Huawei's business growth and prospects, citing the trust of …
BOI inks deals in tourism and pharmaceutical sectors
Dec 21, 2018 (LBO) - The Board of Investment signed Agreements for projects in the field of hotels and the manufacture of pharmaceuticals. The Agreements were …