BOI issues directive to all Hub Operators banning importation of post-consumer materials
July 26, 2019 (LBO) – Sri Lanka's Board of Investment has issued a directive to all Hub Operators prohibiting with immediate effect, importation of …
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Hayleys Free Zone decides to process & re-export cargo in question expeditiously
July 22, 2019 (LBO) – Hayleys Free Zone Limited today revealed that it has taken a decision to process the cargo in question and re-export them expeditiously …
BOI to take action against Hayleys Free Zone Ltd for failed waste re-exports
July 19, 2019 (LBO) – Sri Lanka’s Board of Investment is to take stern action against Hayleys Free Zone Limited for failing to meet commitment laid out in …
Fantasy Island (Pvt) Ltd announce family entertainment center in Battaramulla
Jul 19, 2019 (LBO) - Fantasy Island will become Colombo’s a family entertainment center located at Waters Edge in Battaramulla with the elements air, sea, …
BOI inks agreement with edotco to equip Sri Lanka with Smart City Solutions
July 17, 2019 (LBO) – The Board of Investment (BOI) and edotco Sri Lanka, an integrated telecommunications infrastructure services company today entered into …
SenzMate, the Internet of Things tech company born in Jaffna
By Jekhan Aruliah I visited SenzMate a few months ago, and am only now getting around to writing about them. The reason for my hesitation has been although …
JICA supports “Build-Back-Better” tourism sector in Sri Lanka
July 15, 2019 (LBO) – The Japan International Cooperation Agency (JICA), in cooperation with the Tourism Ministry, successfully completed a joint seminar for …
Sri Lanka’s “Enterprise SL” exhibition goes to A’pura in July
Jul 15, 2019 (LBO) - The Finance Ministry'S "Enterprise Sri Lanka" exhibition will be held in Anuradhapura from July 24-27. This exhibition will be a platform …
BOI signs deal with Japanese company to set up Boutique Hotel with USD 8.4Mn investment
July 10, 2019 (LBO) – Sri Lanka's Board of Investment recently signed a new investment agreement with Wakana JPN (Pvt) ltd. to construct and operate a …
Women and an Ageing Population: What are the implications for Sri Lanka?
Jul 08, 2019) - The United Nations Population Fund (UNFPA) brought international policymakers to discuss feminization of ageing in Sri Lanka, in line with …
Atlas celebrates 60: Takes action against hate campaign on social media
Jul 05, 2019 (LBO) - Atlas Axillia Co., a Sri Lankan owned and operated company celebrated its 60th anniversary with a number of initiatives focused on …
Sri Lanka launches USD2.2Bn LRT project to modernise city dwelling and transportation
Jul 04, 2019 (LBO) - The government launched the Malabe and Colombo Fort Light Rail Transit (LRT) project with the aim of modernising the city's transpotation …
Ceylon Chamber calls for more transparency on SOFA & MCC
July 03, 2019 (LBO) – Ceylon Chamber requests the Government of Sri Lanka to clarify the exact position with regards to the current status of the proposed …
Sri Lanka – Germany fast track dialogue to assist investors and tourism
Jul 03, 2019 (LBO) - The Sri Lanka – Germany fast track dialogue was held recently at the Ministry of Development Strategies and International Trade with the …
The Lean Six Sigma Company launches its operations in Sri Lanka
With the motive of supporting organizations and individuals in their ambition to continuously improve processes, The Lean Six Sigma Company, one of the …
People’s Bank will not be privatized: Finance Minister
Jun 26, 2019 (LBO) – Sri Lanka's Finance Minister says that the recent news report in the media quoting an opposition Parliamentarian to the effect that the …
Yarl Geek Challenge and Arima Technologies Bringing Silicon Valley to Jaffna
By Jekhan Aruliah “That which doesn’t kill you makes you stronger”, a much used saying originating from the 19th Century German philosopher Friedrich …
Hyrax Oil lubricant blending plant declared open in Muthurajawela
Jun 24, 2019 (LBO) – Prime Minister Ranil Wickremesinghe declared open the Hyrax Oil lubricant blending plant in Muthurajawela today. The is the second of …
Expolanka, HNB Assurance, Janashakthi, Melstacorp in new S&P Sri Lanka 20 Index
Jun 21, 2019 (LBO) – Colombo Stock Exchange (CSE) announces changes in S&P Sri Lanka 20 index constituents made by S&P Dow Jones Indices at the 2019 …
CICT voted best container terminal in Asia
Jun 21, 2019 (LBO) - The CMPort managed Colombo International Container Terminal (CICT), the only deep water terminal in the Port of Colombo, has been voted …