Maldives elects new President: Abdulla Yameen concedes defeat
Sept 24, 2018 (LBO) - The Maldives, has voted Ibrahim Mohamed Solih, the opposition candidate, as the islands new President, foreign media reports said. …
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Sri Lanka’s rupee hits record lows as Central Bank hold rates
Sept 21, 2018 (LBO) - Sri Lanka’s rupee hit an all time low of 168.65/169.00 to the US dollar at the close of day Thursday down from 167.10 the day before …
Sri Lanka records GDP growth of 3.7-pct
Sept 19, 2018 (LBO) - Sri Lanka has recorded a growth of 3.7 percent in Gross Domestic Product in the second quarter of 2018. Growth in the first quarter was …
USD 50Mn from ADB to support Enterprise Sri Lanka’s rooftop solar power project
Sept 19, 2018 (LBO) - The Enterprise Sri Lanka projects which was launched by the Ministry of Finance has received Rs 8 billion ( USD 50 Million) from the …
Iconic developers to invest USD50Mn in Sri Lanka’s real-estate
Sept 18. 2018 (LBO) - Singapore based property developer, Iconic said they are planning to invest US 50 million dollars in Sri Lanka's luxury/semi luxury and …
Sri Lanka tops South Asia in human development index 2017
Sept 18, 2018 (LBO) - Sri Lanka has been classified under the “High Human Development” category, with a Human Development Index value of 0.770 , and ranked …
Lankapak 2018 concludes with Rs.10Mn initiatives launched to boost SME packaging
Sept 17, 2018 (LBO) - Sri Lanka's Lankapak 2018 concluded over the week-end with strong Indian participation and 10 million rupees initiatives launched to …
Super luxury MV Viking Orion calls at Sri Lanka’s Colombo port
Sept 17, 2018 (LBO) - The super luxury MV Viking Orion made her maiden call at the Port of Colombo last week. MV Viking Orion one of the world’s most modern …
Unilever and UNDP handover PPP policy paper to President’s secretary
Sept 17, 2018 (LBO) - Outlining plans to support Sri Lanka in achieving the Sustainable Development Goals, Unilever Sri Lanka and United Nations Development …
Sri Lanka to introduce an investment law for single window facilitation: PM
Sept 14, 2018 (LBO) – Sri Lanka will bring in a new legislation for the Single Window Investment Facilitation model, Prime Minister Ranil Wickremesinghe …
We are not exporting at least 60 products under GSP+ list of 6,000 items: PM
Sept 14, 2018 (LBO) – Sri Lanka’s Prime Minister Ranil Wickremesinghe on Friday draw the attention of the country’s top business leaders, the …
Balancing China and India partnerships and diversifying exports key for Sri Lanka
Sept 13, 2018 (LBO) - Sri Lanka needs to balance geopolitical partnerships while also managing several other key aspects of its economy like structural …
Sri Lanka Economic Summit 2018 kicks off today
Sept 13, 2018 (LBO) – Sri Lanka Economic Summit 2018 is being inaugurated this morning at Cinnamon Grand Colombo. The two-day event, which is Sri Lanka’s …
Interview : Hassan Esufally, first Sri Lankan to complete the ‘Inca Trail Marathon’
Sept 13, 2018 (LBO) - Sri Lankan marathoner, Hassan Esufally on a mission to earn the prestigious 7 Continents Marathon Club Membership, recently ran his …
Sri Lanka industrial index up 1.1-pct in July 2018
Sept 13, 2018 (LBO) - Sri Lanka's industrial production index grew by 1.1 percent to 105.9 from an year ago, data from the Census and Statistics Department …
Sri Lanka to be promoted as year round destination with ‘Island Escapes’ campaign
Sept 12, 2018 (LBO) - ‘Island Escapes’, a marketing campaign to promote Sri Lanka as a year-round destination to boost arrivals during off season will be …
VAT refund scheme to boost tourism in Sri Lankas: Fin Min
Sept 12, 2018 (LBO) - The tourist VAT refund scheme (TVRS) will enable Sri Lankan goods to have greater exposure to the global market, bringing with it …
Sri Lanka Fin Min hikes fuel price: Petrol Rs.149 and Diesel Rs.123
Sept 11, 2018 (LBO) - Sri Lanka's Finance Ministry has raised the petrol price to 149 rupees a litre from 145 rupees with effect from midnight September 10 …
Sri Lanka to open VAT refund counter for tourists at Bandaranaike Airport
Sept 10, 2018 (LBO) – Sri Lanka’s Finance Ministry is to open a special counter at the Bandaranaike International Airport to implement the new VAT refund …
Recommendations for positioning Sri Lanka as attractive FDI destination: AMCHAM/STAX
Sept 10, 2018 (LBO) - AMCHAM, in collaboration with STAX, recently launched the 2018 whitepaper ‘FDI Landscape and Investor Sentiment in Sri Lanka’ at a …