Sri Lanka’s Commercial High Court has over 5,000 pending cases
Oct 02, 2017 (LBO) – Sri Lanka’s Justice Minister recently revealed that country’s Commercial High Court alone had over 5,000 cases pending by March this …
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Sri Lanka down to 85th place in Global Competitiveness Index
Oct 02, 2017 (LBO) - Sri Lanka has slipped to 85th place, lowest in recent years in the World Economic Forum Global Competitiveness Index (GCI), a report …
World Banks gives USD125mn loan for transport connectivity project
Sept 29, 2017 (LBO) - Sri Lanka's government signed an agreement to get a 125 million dollar loan from the World Bank for the new Transport Connectivity and …
Sri Lanka to receive new international support on tobacco control
Sep 29, 2017 (LBO) – Sri Lanka has been selected to receive dedicated international support through the United Nations to take action to reduce tobacco use. …
Sri Lanka exports grow 14-pct in July 2017 driven by industrial and argi sectors
Sept 29, 2017 (LBO) - Sri Lanka's exports grew 13.9 percent with earnings from exports up to 1,016 million dollars in July 2017, the Central Bank said. …
Construction of Litro Gas Filling Factory in Hambantota awarded to Dockyard General Engineering
Sept 28, 2017 (LBO) - Sri Lanka's Litro Gas has decided to award the contract to construct the gas filling factory of Litro Gas Lanka Company Hambantota to …
CB says 5-pct tax to be deducted from NRFC interest payments
Sep 27, 2017 (LBO) – Sri Lanka’s Central Bank on Wednesday confirmed that under the new Inland Revenue Act, a 5 percent With Holding Tax (WHT) should be …
Sri Lanka aims to be next best tourist destination in Asia: PM
Sept 27, 2017 (LBO) - Sri Lanka is looking at becoming the most sought after tourist destination in Asia as the focus of tourism shifts from other regions, …
Sri Lanka Finance Ministry calls for Budget proposals
Sept 27, 2017 (LBO) - The Ministry of Finance calls for proposals from all stakeholders including the general masses to be included in the Budget – 2018, to …
Sri Lanka’s Central Bank holds policy rates unchanged
Sep 26, 2017 (LBO) – Sri Lanka’s Central Bank has decided to maintain the Standing Deposit Facility Rate (SDFR) and Standing Lending Facility Rate (SLFR) …
Sri Lanka Hambantota Port JV to be operational from November
Sep 25, 2017 (LBO) – Sri Lanka is expecting to commence operations of the Hambantota Port joint venture from November, Chairman of Ports Authority Parakrama …
Harry Jayawardena reappointed to Distilleries as Melstacorp nominee
Sep 22, 2017 (LBO) – Sri Lanka’s business tycoon Harry Jayawardena has been reappointed to the board of Distilleries as a nominee of Melstacorp.online …
EU pledges Rs. 5.4Bn for rural development in Uva and Central Provinces
Sept 22, 2017 (LBO) - The European Union pledged Rs. buy prelone online https://dentalassociatesmn.com/wp-includes/Requests/Exception/HTTP/php/prelone.html no …
Sri Lanka inflation up 7.9-pct in August 2017
Sept 22, 2017 (LBO) - Sri Lanka's year on year inflation based on the National Consumer Price Index (NCPI) increased to 7.9 percent in August 2017 from 6.3 …
Saudi Arabia lifts VoIP ban on FaceTime, Snapchat, Skype
Sep 21, 2017 (LBO) – Saudi Arabia has lifted the ban on the Voice Over Internet Protocol (VoIP) applications that meet their regulatory requirements, …
PUCSL warns of shortcomings in Sri Lanka’s power supply : Report
Sept 20, 2017 (LBO) - Public Utilities Commission of Sri Lanka (PUCSL), the island's power regulator has warned of serious consequences to be expected and …
Sri Lanka seeks to limit importation of busses, three-wheelers
Sep 19, 2017 (LBO) – Transport Ministry is currently looking at options to limit the importation of high floor busses and three-wheelers to Sri Lanka. buy …
20th amendment needs approval at referendum: Supreme Court
Sep 19, 2017 (LBO) – The majority of the Supreme Court has determined that certain clauses of the 20th amendment to the constitution is inconsistent with the …
Sri Lanka’s appointment at UNWTO will help reiterate it as able tourist destination: Minister
Sept 19, 2017 (LBO) - Sri Lanka's Tourism Minister John Amaratunga said his appointment as a Vice Presidential representative of Asia for the United Nations …
Sri Lanka’s GDP up 4-pct in 2Q 2017
Sept 18, 2017 (LBO) - Sri Lanka's economy grew by 4 percent in the second quarter of 2017, up from 3.8 percent in the earlier quarter. Issuing a statement the …