Sri Lanka PM reiterates island on track for economic prosperity
Mar 05, 2018 (LBO) - Sri Lanka's Prime Minister Ranil Wickremesinghe said that the island is on the path of becoming an attractive place for business in South …
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Cabinet approves proposal to conduct feasibility for India, Japan aided LNG terminal
Feb 28, 2018 (LBO) – Sri Lanka’s cabinet on Tuesday approved a proposal to conduct a feasibility study for the proposed Liquefied Natural Gas (LNG) …
Sri Lanka needs firm policy to mitigate future refinancing risks: Fin Min
Feb 27, 2018 (LBO) - Sri Lanka faces refinancing risks in the coming years and need a concerted and coordinated policy response to mitigate such risks, Finance …
President congratulates new cabinet; changes to UPFA side soon
Feb 25, 2018 (LBO) – Sri Lanka’s President Maithripala Sirisena after the much awaited mini cabinet reshuffle, congratulated the newly appointed Cabinet, …
Elon Musk starts SpaceX mission to provide broadband from satellites
Feb 23, 2018 (LBO) – SpaceX made history yet again with the successful deployment of first two Starlink global internet demo satellites to orbit, opening a …
Sri Lanka’s external sector improve, BOP record surplus : CB
Feb 23, 2018 (LBO) - Sri Lanka’s external sector performance continued to improve in the month of December 2017, mainly with higher inflows to the Financial …
Sri Lanka up 4 notches to 91 on Corruption index
Feb 23, 2018 (LBO) - Sri Lanka has moved up four places to 91st from 95th, in the Corruption Perceptions Index (CPI) 2017 released by Transparency …
National Government continues: PM, UPFA General Secretary
Feb 21, 2018 (LBO) – Prime Minister told Parliament Wednesday that the national government will continue according to the constitution of the country. …
Frontier Research outlines salient features of new Forex Act
Feb 21, 2018 (LBO) – Sri Lanka’s new Foreign Exchange Act came into effect last year after the Parliament passed it with amendments. The new law removed …
Sri Lanka President promises new Economic programme
Feb 21, 2018 (LBO) - Sri Lanka's President Maithripala Sirisena said a new economic programme of the government will be finalized by the National Economic …
Sri Lanka’s Liability Management Bill presented to Parliament
Feb 20, 2018 (LBO) - The new Active Liability Management Bill, to improve public debt management, was presented to Parliament for the first reading, Monday.buy …
Transshipments at Colombo Port up by 20.4-pct in January
Feb 19, 2018 (LBO) – Transshipment operations at the Port of Colombo have shown a significant increase in January this year against last year amid an …
Insurance Industry records 15.5-pct growth in 3Q of 2017
Feb 16, 2018 (LBO) - Sri Lanka's insurance industry was able to report a growth of 15.53 percent (3Q, 2016: 16.97 percent ) in terms of overall Gross Written …
Construction sector challenged by continued labour shortage: report
RIU report 2018 - The construction industry is worth approximately USD 8 Bn and is already under strain owing to rising construction costs.This industry is …
CB keeps policy rates unchanged: Economy currently operating below potential
Feb 15, 2018 (LBO) - Sri Lanka will keep policy rates unchanged in February as the economy is stabilizing with improvements in trade figures, the …
Sri Lanka needs to create an environment that rewards investment: Harvard economist
Feb 14, 2018 (LBO) - Sri Lanka should move towards a simpler tariff structure, and implement direct taxes on things like income and property to maintain …
SriLankan explores opportunities for new direct flights to Australia
Feb 13, 2018 (LBO) – SriLankan Airlines CEO, Suren Ratwatte says the national carrier will explore more opportunities in Australia with new direct flights to …
Message from Sri Lankan people has sunk deep into UNP: Mangala
Feb 12, 2018 (LBO) – Finance Minister Mangala Samaraweera says they will join hands with all democratic political forces to ensure that Sri Lanka never again …
Mahinda’s Pohottuwa begins it’s journey with a bang
Feb 12, 2018 (LBO) - Sri Lanka's former President, Mahinda Rajapakse led Sri Lanka Podujana Peramuna (SLPP) contesting under the Pohottuwa symbol has claimed …
Auditor General reveals Rs826bn off balance sheet items of previous regime
Feb 09, 2018 (LBO) – Auditor General’s Department has found out that 826 billion rupees received during Rajapaksa regime, had not been included in the …