Need more progress on HR conventions relevant to GSP+: European delegation
Apr 05, 2018 (LBO) - A delegation of the European Parliament Committee on International Trade (INTA) who visited Sri Lanka highlighted that the country need …
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Sri Lanka Prime Minister wins no confidence motion
Apr 04, 2018 (LBO) – Sri Lanka’s Prime Minister Ranil Wickremesinghe on Wednesday secured a majority of votes showing the confidence Parliamentarians …
We will vote for No Confidence Motion to oust PM: SLFP Media Spokesman
Apr 04, 2018 (LBO) – Contrary to the statement made by State Minister A.H.M. Fowzie, Media Spokesman of the SLFP, State Minister Dilan Perera told LBO that …
No Confidence Motion: Fowzie says SLFP decides to abstain from voting
Apr 04, 2018 (LBO) – Sri Lanka Freedom Party has decided to abstain from voting at the no confidence motion against the Prime Minister, State Minister …
Sri Lanka CB cuts policy rate ceiling by 25bps
Apr 04, 2018 (LB0) - Sri Lanka's central bank has decided to reduce the Standing Lending Facility Rate (SLFR), which is the upper bound of the policy interest …
New IR act most progressive in SA, Will bring in extra Rs.60Bn in revenue
Apr 03, 2018 (LBO) - Sri Lanka's Finance ministry says the government expects to earn a an additional revenue of 60 billion rupees each year through the new …
US–China trade war escalates as China imposes tariffs on US goods
Apr 02, 2018 (LBO) – China has suspended tariff concessions on 128 items of U. online pharmacy buy abilify with best prices today in the USA S. products …
Invest more in people, or risk extinction: Oracle’s Dalal tells SLASSCOM Summit
Apr 02, 2018 (LBO) - No matter how successful companies are today, they may risk extinction if they fail to invest in their employees and won’t transform …
Reauthorized US GSP active for Sri Lanka from April 22
Mar 30, 2018 (LBO) – The reauthorized US GSP shall become active for Lankan exporters from this April, according to Sri Lanka’s Minister of Industry and …
Thumps up from US on GSP for Sri Lanka and others
Mar 29, 2018 (LBO) - Sri Lanka will be regaining the United States Generalised System of Preferences (GSP) trade concession which expired on December 31, …
President gazettes Central Bank & SEC under Finance Minister
Mar 28, 2018 (LBO) – President Maithripala Sirisena has gazetted Central Bank and SEC under Finance Minister, few days ahead of the no-confidence motion …
Sri Lanka to call EOI for Colombo Port North Harbour feasibility
Mar 28, 2018 (LBO) – Cabinet nod has been received to select a suitable consultancy firm to conduct a feasibility study for the proposed Colombo Port North …
Japan’s Orix sells Sri Lanka LOLC stake for Rs.12.8Bn
Mar 28, 2018 (LBO) – Sri Lanka’s LOLC Holdings, a firm controlled by Deputy Chairman Ishara Nanayakkara has purchased a 30 percent stake held by Japan’s …
Sri Lanka to raise USD1000mn via ETFF to finance budget expenses
Mar 27, 2018 (LBO) – Government says it intends to raise a Foreign Currency Term Financing Facility (FTFF) denominated in US Dollars or Japanese Yen or Euro …
Sri Lankan spice exporters slam India for introducing MIP for pepper
Mar 26, 2018 (LBO) – Sri Lanka’s Spices & Allied Products Producers’ & Traders’ Association slams India for introducing a minimum import price …
Sri Lanka’s Port of Colombo: 13th best connectivity in world
Mar 26, 2018 (LBO) - Port of Colombo has been ranked the 13th best connectivity port, up five places in the Drewry Port Connectivity Index for the 4th …
Potential challenges for Sri Lanka’s residential and retail markets beyond 2019: JLL
Mar 26, 2018 (LBO) - Sri Lanka's residential real estate sector, especially high end condominiums,faces over supply challenges, with the recent re-imposition …
United National Front rallies round PM with confidence motion
Mar 23, 2018 (LBO) - Members of Parliament (MP) representing the United National Front (UNF) signed a motion supportive of Prime Minister Ranil …
Opinion: Economic reforms in Sri Lanka: Salvation or a recipe for inaction?
By Kithmina Hewage & Harini Weerasekera Economic reforms have become an urgent need for Sri Lanka, with successive governments since independence, …
Sri Lanka economy grew 3.1-pct in 2017: Statistics Dept.
Mar 20, 2018 (LBO) – Sri Lanka’s statistics office says economic growth rate for the year 2017 has been estimated as 3.1 percent. Agriculture, Industry, …