Sri Lankan startups pitch for Oslo Innovation Week
Aug 28, 2017 (LBO) - Sri Lankan startups can take part in Oslo Innovation Week, with a pitching event this week, says the Sri Lanka Association of Software and …
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Sri Lanka in the eye of the storm, in terms of disasters: World Bank country head
Aug 28, 2017 (LBO) - Sri Lanka is in the eye of the storm, in terms of natural disasters, and now is the time to improve response mechanisms and disaster …
ADB earmarks USD5bln for Sri Lanka from 2018-2022
Aug 25, 2017 (LBO) - The Asian Development Bank said they have endorsed a country partnership strategy (CPS) for 2018-2022, amounting to up to US 1 billion …
Sri Lanka motor car registrations rise to 3,221 units in July: JB
Aug 25, 2017 (LBO) Sri Lanka's motor car registrations rose to 3,221 units in July, up from 2,802 units in June, the highest monthly figure so far this year, …
Norway’s pension fund reports best half-yearly returns
Aug 25, 2017 (LBO) - Norway's Government Pension Fund Global has returned a total 2.6 percent, or 202 billion kroner, in the second quarter of 2017, making the …
Sri Lanka to provide health insurance for school children
Aug 24, 2017 (LB0) - Sri Lanka's cabinet of ministers has approved health insurance cover for school children, a statement said. Budget 2017 proposed to …
Sri Lanka awards contract for BIA duty free shops to Dufry AG
Aug 23, 2017 (LBO) – Sri Lanka’s cabinet has approved awarding the second contract for the operation of duty free shops at Bandaranaike International …
Sri Lanka launches e-Chamber with laptops for MPs
Aug 23, 2017 (LBO) – Sri Lanka’s Parliament on Tuesday officially launched the Chamber Management Information System (e-Chamber) to allow parliamentarians …
Sri Lanka telcos agree to grant more data after levy removal
Aug 23, 2017 (LBO) - Sri Lanka's licensed telecommunications operators said that all mobile and fixed line subscribers would be granted a 10 percent bonus …
Sri Lanka’s Dialog Axiata conducts 5G technology trial
Aug 23, 2017 (LBO) - Sri Lanka's Dialog Axiata said that a 5G technology capability trial was carried out with technology partners Ericsson and Huawei at the …
UNP calls President to remove Wijedasa from all cabinet posts
Aug 22, 2017 (LBO) – Sri Lanka’s main ruling United National Party on Tuesday said the party leadership has urged the President to remove Minister of …
Sri Lanka to invest Rs3.5bnl in Kalutara for industrial park
Aug 22, 2017 (LBO) - Sri Lanka will set up a 150-acre industrial park in Millaniya, Kalutara at a cost of 3. buy nolvadex online …
Sri Lanka expects accession to Madrid Protocol for trademarks in 2018
Aug 21, 2017 (LBO) – Sri Lanka plans to complete its historic accession to the international trademark system called the Madrid Protocol by August next year. …
Panasian Power plans two mini hydro plants in Nuwara Eliya
Aug 21, 2017 (LBO) - Panasian Power has announced the acquisition of Lower Kotmale-Oya Power Two (Pvt) Ltd to construct two mini hydro-power plants (MHP) in …
Laugfs Gas gets private sector financing from China’s Sinosure
Aug 21, 2017 (LBO) - Sri Lanka's LAUGFS Gas and Standard Chartered have announced the first private sector financing facility supported by China Export and …
Sri Lanka Inland Revenue bill to be passed by Aug 25th, all concerns addressed: Fin Min
Aug 18, 2017 (LBO) - Sri Lanka's Inland Revenue bill will presented in Parliament next week and passed by August 25th, with most of the concerns raised …
Sri Lanka cuts taxes on telecom data, small trucks and motorcycles: Finance Minister
Aug 16, 2017 (LBO) - Sri Lanka's Finance Minister Mangala Samaraweera announced a 10 percent tax cut on telecom data and small vehicles like lorries and motor …
Clear vision and unity key for Sri Lanka’s family businesses
Aug 17, 2017 (LBO) - Sri Lanka's family business continuity will depend on their ability to have a clear vision and retaining family unity, business leader …
Softlogic Holdings records Rs15.2 bln revenue in 1Q, +6.2 pct
Aug 17, 2017 (LBO) - Softlogic Holdings recorded a revenue growth of 6.2% posting Rs15.2 bn in the first quarter this year, from Rs14.3 bn in the same period …
Govt approves further amendments to plantation estate act
Aug 16, 2017 (LBO) - Sri Lanka's cabinet of ministers has approved to further amend the tea, rubber and coconut estates (Control of fragmentation) Act No.2 of …