Sri Lanka November NCPI down to 8.4-pct
Dec 22, 2017 (LBO) - Sri Lanka's November national consumer price inflation in November was down to 8. buy tadalista online …
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Sri Lanka govt approves USD 1Bn financial city complex
Dec 21, 2017 (LBO) - The cabinet of ministers has given the go ahead to sign a Memorandum of Understanding (MOU) with CHEC Port City Colombo to develop the …
Moody’s says Sri Lanka needs to further push fiscal reforms for better credit profile
Dec 19, 2017 (LBO) - Moody's, an Investors Service says high general government debt levels in Sri Lanka, rated B1 negative, very low debt affordability, and …
United Nation’s team on torture and arbitrary detention says there are delays in justice
Dec 18, 2017 (LBO) - A United Nations expert team on torture and arbitrary detention said that there are still unjustified delays in court cases which meant …
Kandy tourism and property to benefit from new highway
By Lanka Property Web Kandy, located in the central province of Sri Lanka was the last kingdom of the Sri Lankan monarchy. The name Kandy is derived from the …
Sri Lanka GDP down to 3.3-pct in Q3
Dec 16, 2017 (LBO) - Sri Lanka's Gross Domestic Product growth rate for the third quarter of 2017 has been estimated as 3.3 percent, slower than 4.6 percent …
Sri Lanka official reserves drop to USD7.3bn in November
Dec 16, 2017 (LBO) – Sri Lanka’s official reserves have dropped to 7,319.40 million US dollars in November from 7,489.98 million dollars in October, …
Sri Lanka’s Fiscal Mgmt. Responsibility Act has no teeth: CB Chief
Dec 15, 2017 (LBO) – Sri Lanka is in the process of reviewing the Fiscal Management (Responsibility) Act as it does not have any teeth at the moment, the …
Telecom operators are biggest spammers in Sri Lanka: report
Dec 13, 2017 (LBO) – Caller ID and spam detection app, Truecaller recently announced some revealing stats on spam and scam calls in Sri Lanka. The recently …
Sri Lanka to commence enabling Sinhala and Tamil scripts for top-level domain names
Dec 13, 2017 (LBO) - The Internet Corporation for Assigned Names and Numbers (ICANN) and local experts in policy, technical and linguistic fields convened in …
Colombo sees no slowdown of Apartments coming up: Report
Dec 11, 2017 (LBO) - There has been an increase in the number of apartment projects in Colombo and Greater Colombo areas, according to data compiled by leading …
Korea Eximbank approves USD14mn for garbage collection compactors
Dec 08, 2017 (LBO) – Export-Import Bank of Korea has approved 14 million US dollars for supply of garbage collection compactors to Sri Lanka.buy temovate …
Sri Lanka FDI grows to USD800mn for Jan-Sept exceeding 2016 total
Dec 08, 2017 (LBO) – International Trade Ministry says exports and foreign direct investment (FDI) have shown substantial increases this year compared to …
Sri Lanka Tea prices show gains in Nov 2017
Dec 08, 2017 (LBO) - Sri Lanka tea prices at the November 2017 auctions showed gains in high, medium and low growns, a new report said. "When analyzing the …
IMF completes 3rd review; approves USD251.4Mn disbursement
Dec 08, 2017 (LBO) – IMF Executive Board has completed the third review of Sri Lanka’s Extended Fund Facility arrangement, which enables the disbursement …
New liability Mgmt. bill to raise money above borrowing limit: CB Chief
Dec 07, 2017 (LBO) – Sri Lanka’s Central Bank Chief says the proposed liability management bill will enable the government to exceed the borrowing limit …
Any revival plan for CIFL needs at least Rs3bn investment: CB
Dec 05, 2017 (LBO) – Sri Lanka’s Central Bank on Tuesday said that any revival plan for troubled Central Investments and Finance (CIFL) needs at least 3 …
SL, US to amend open skies deal facilitating efficient cargo movement
Dec 05, 2017 (LBO) – United States and Sri Lanka on Monday signed an agreement to amend the bilateral Open Skies Agreement of 2002 to facilitate the movement …
LVL Energy Fund to announce Rs1.2bn IPO; largest since 2015
Dec 04, 2017 (LBO) – A leading energy company and a subsidiary of Lanka Ventures, the LVL Energy Fund is set to announce a 1.2 billion rupees initial public …
Sri Lanka’s mobile telecommunication industry calls for fee reversal
Dec 04, 2017 (LBO) - The mobile telecommunications industry says the new 200,000 rupee levy per month on cellular towers, in the budget 2018 could make …