Advocata commends Government’s decision to shut down SaluSala
Jun 19, 2019 (LBO) - Advocata Institute commends President Maithripala Sirisena’s directive to shut down the loss-making, state-owned handloom enterprise …
General Services
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CA Sri Lanka members can now obtain AICPA international associate membership
Jun 12, 2019 (LBO) – The Institute of Chartered Accountants of Sri Lanka continued to make inroads across the global accounting arena, as it signed yet …
Japanese investor reiterates confidence in Sri Lanka
Jun 12, 2019 (LBO) - President of Tosslec Co. Ltd, Kyoto, Japan Jitsuo Mikasa, a Japanese investor has reaffirmed that his company would continue to invest in …
Employee group opposes alleged privatisation of profitable Litro Gas
Jun 12, 2019 (LBO) - The Litro Surakime Jathika Ekamuthuwa (LSJE) or Litro Surakeeme National Unity, a newly formed employee union, has intensified its …
Sri Lanka petrol price raised to Rs138 per ltr
Jun 11, 2019 (LBO) - Sri Lanka's government will increased the price of 92 Octane petrol by three rupees to 138 rupees for a litre from midnight yesterday. The …
Unilever Global CEO Alan Jope makes official visit to Sri Lanka
Jun 07, 2019 (LBO) – Unilever’s Global CEO Alan Jope arrived in Sri Lanka on an official visit recently to review Unilever Sri Lanka’s operations and …
Sri Lanka to obtain USD330Mn World Bank loan for climate mitigation
Jun 06, 2019 (LBO) - Sri Lanka's cabinet of ministers has approved the implementation of phase 1 of a multi-phase program for mitigation of climate …
Sri Lanka tea prices down in May 2019
Jun 06, 2019 (LBO) - Sri Lanka's tea prices or national average for May 2019 were down to 51.69 rupees vis-à-vis May 2018 with medium and low growns showing …
Vidullanka commissions its first ever biomass based power project
May 31, 2019 (LBO) – Vidullanka in its latest announcement to the CSE, disclosed the commissioning of the development of the 3.3MW Dehiattakandiya Dendro …
BOI & Hutchison Lanka signs deal to set up warehouse facility to strengthen telco infrastructure
May 27, 2019 (LBO) – Sri Lanka's Board of Investment on Monday said they signed a supplementary Agreement with Hutchison Telecommunications Lanka to permit …
Sri Lanka vehicle registrations down in Apr 2019
May 27, 2019 (LBO) - Sri Lanka's vehicle registrations were down in almost every category in April due to the New Year and Easter holidays and subsequent …
Korea Eximbank to conduct feasibility study to establish land information service system
May 24, 2019 (LBO) – Recognizing the importance of efficient land management and its contribution to the economy, the Korea Eximbank is financing a …
News item titled “Pakistan’s trade with Sri Lanka comes to a halt” is fake: SL High Commission
May 23, 2019 (LBO) – Sri Lanka’s High Commission in Islamabad, Pakistan said the news item titled “Pakistan’s trade with Sri Lanka Comes to a halt” …
Hayleys revenue up 34-pct YoY to Rs.219Bn in FY 18/19
May 22, 2019 (LBO) - Sri Lanka's Hayleys PLC, group revenue expanded by 34 percent yoy to 219 billion rupees while operating profit before interest increased …
Sri Lanka’s private sector took a Pledge for Unity
May 21, 2019 (LBO) – Sri Lanka’s private sector representatives on Tuesday took a Pledge for Unity that they will work towards the goal of uniting people …
Dipped Products posts healthy growth: Group pre-tax profit up 32-pct in 2018/9
May 17, 2019 (LBO) - Sri Lanka's Dipped Products Group pre-tax profit was up 32 percent to 1,643 million rupees in 2018/9, the company said. The Group achieved …
Opinion: Fresh frontiers of pharmaceutical innovation
By Sri Lanka Chamber of Pharmaceutical Industry For centuries, human beings have waged a relentless battle against a litany of diseases that have ravaged …
New Chairman for SLTDA; Kishu Gomes to focus on Sri Lanka Tourism brand promotion
May 15, 2019 (LBO) – Sri Lanka's Tourism Minister John Amaratunga has appointed Johanne Jayaratne as Chairman of the Sri Lanka Tourism Development Authority …
Sri Lanka Tourism to start new series of promotional campaign from Thailand
May 15, 2019 (LBO) – Sri Lanka Tourism is planning to conduct promotional campaigns in source markets closest to the country. Accordingly, Thailand which …
CICT invests USD 1.5 mn to open Sri Lanka’s only Dangerous Goods Storage Facility
May 14, 2019 (LBO) – Sri Lanka’s first, and South Asia’s most advanced, Dangerous Goods Storage Facility (DGSF) was commissioned on Friday, 10th May at …