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 …
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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 …
Palihapitiya raises USD600 mln in IPO for tech investments
Sept 15, 2017 (LBO) - Chamath Palihapitiya, founder of the venture-capital firm Social Capital, has launched a new "blank-check" company in partnership with …
British tourist killed by crocodile near Arugam Bay
Sept 15, 2017 (LBO) - A british journalist has been killed by a crocodile at a lagoon in Sri Lanka during a holiday with friends, the Telegraph reported. Paul …
EU gives thumbs up for Sri Lanka but says torture must stop
Sept 14, 2017 (LBO) - The European Union (EU) praised the government for the progress made in human rights, labour and environmental standards, but stressed …
Hayleys Group buys 62-pct stake in Singer Sri Lanka
Sep 13, 2017 (LBO) – Sri Lanka’s diversified Hayleys PLC has entered into an agreement with Retail Holdings (Sri Lanka) BV of Netherlands to purchase 61. …
Sri Lanka govt expects to borrow Rs1.8 trillion in Budget 2018
Sep 13, 2017 (LBO) – Sri Lanka’s total borrowing requirement from both foreign and local sources for next year will be 1,813 billion rupees, a cabinet …
PUCSL seeks public views on electric vehicle charging stations
Sept 13, 2017 (LBO) - The Public Utilities Commission of Sri Lanka (PUCSL), the electricity sector regulator, said it is seeking public views on issues related …
Sri Lanka’s export problem is not concentration but composition: Verité
Sept 13, 2017 (LBO) - Sri Lanka's export product composition is heavily concentrated in the United States and the United Kingdom while having very limited …
Dialog acquires 80-pct of Colombo Trust Finance, aims FinTech solutions
Sept 13, 2017 (LBO) - Dialog Axiata PLC said it had successfully completed the acquisition of an 80.34 percent stake in finance company Colombo Trust Finance …