Sri Lanka Ports Authority posts 15.3-pct growth in 1Q 2018
May 07, 2018 (LBO) – Sri Lanka Ports Authority has recorded a total growth of 15.3 percent in terms of profits for the first quarter of 2018 with Colombo …
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IFC invests USD 27Mn in Sri Lanka’s Melwa Hotels and Resorts
May 03, 2018 (LBO) - The International Finance Corporation, a member of the World Bank Group,is investing US 27 million dollars in Melwa Hotels and Resorts …
Japanese startup plans Sri Lanka’s first electric vehicle plant
May 03, 2018 (LBO) - Tokyo based high-tech research and development startup is planning Sri Lanka’s first ever large, industry scale electric vehicle (EV) …
Planters’ Association hails decision to lift ban on glyphosate
May 02, 2018 (LBO) - The Planters’ Association of Ceylon (PA) issued a statement commending yesterday’s Government decision to lift the arbitrary ban on …
Central Bank says foreign sentiment signals confidence in Sri Lanka’s economy
May 03, 2018 (LBO) – Sri Lanka's Central Bank said recent indicators reflect positive sentiment expressed by external foreign parties regarding the …
Mobitel to host Google I/O Extended Sri Lanka 2018
May 02, 2018 (LBO) – Sri Lanka’s National Mobile Service Provider, Mobitel is organizing the biggest tech event of the year, the Google I/O Extended on the …
Dinesh Weerakkody appointed as new Chairman of Hatton National Bank
May 01, 2018 (LBO) – Dinesh Weerakkody has been appointed as the new Chairman of Hatton National Bank with effect from 26 May 2018. The new appointment came …
Sri Lanka’s new Cabinet of Ministers sworn in
May 01, 2018 (LBO) – Sri Lanka’s new Cabinet of Ministers was sworn in before President Maithripala Sirisena at the Presidential Secretariat today. buy …
Sri Lanka’s telco merger to relieve competitive pressure: Fitch
May 01, 2018 (LBO) - The merger between Hutchison Telecommunications Lanka (Private) Ltd and Etisalat Lanka (Private) Ltd is likely to relieve some competitive …
Opinion: Mitigating the impact of busy lifestyle on your nutritional health
Interview on Food Safetyand Nutrition with Dr. Krishanthi Premarathne. The great majority of people will experience a food borne disease at some point in their …
Given the current debt dynamics, fiscal slippage can lead to a serious economic crisis: CB
Apr 26, 2018 (LBO) – Given the current debt dynamics, fiscal slippage can lead to a serious economic crisis, the Central Bank said releasing its Annual …
PUCSL hold public consultation on draft regulatory tools of lubricants
Apr 26, 2018 (LBO) - The Public Utilities Commission of Sri Lanka (PUCSL), shadow regulator of the lubricant industry held a public consultation session on the …
Presidential Commission on SriLankan to commence recording of evidence
Apr 26, 2018 (LBO) - President Maithripala Sirisena said that the Presidential Commission appointed to look into the alleged frauds and malpractices in …
35-pct of 2017 budget promises near completion, 24-pct broken: Research
Apr 25, 2018 (LBO) – Progress for the 2017 budget proposals tracked by Verité Research shows that almost a quarter of the budget promises have been broken …
China’s massive OBOR hub for Asia bullish on Sri Lanka FTA
Apr 25, 2018 (LBO) - The South East Asian Gateway Province to mainland China's ambitious One Belt-One Road (OBOR) initiative voiced its impatience to witness …
NTB launch Open API Banking
Apr 25, 2018 (LBO) - Sri Lanka's Nations Trust Bank has launched a API Banking Platform enabling clients to integrate the bank’s services directly into …
CSE requests clients of barred broker firms to transfer their stocks
Apr 24, 2018 (LBO) – Colombo Stock Exchange on Tuesday requested the clients of stockbroker firms whose trading activities have been prohibited due to …
Sri Lanka inflation slows to 2.8-pct in March, lowest since April 2016
Apr 23, 2018 (LBO) – Sri Lanka’s headline inflation measured by National Consumer Price Index (NCPI) has decreased to 2.8 percent in March, lowest since …
Sri Lanka foreign reserves fall to USD7.3bn in March
Apr 23, 2018 (LBO) – Sri Lanka’s official reserves have dropped to 7,309.11 million US dollars in March from 7,914.33 million dollars in February, official …
Capacity building to manage public debt and liability is need of the hour: Eran
Apr 23, 2018 (LBO) - Sri Lanka as a developing nation needs to focus on building capacity for public debt and liability management as matter of …