Sri Lanka Fin Min calls on professionals to step up and pay their taxes
Jun 20, 2018 (LBO) - Sri Lanka’s Finance Minister Mangala Samaraweera called on professionals like doctors, lawyers, tuition masters, architects and others …
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Sri Lanka to remove VAT on several hospital and doc’s charges : Fin Min
Jun 20, 2018 (LBO) - Sri Lanka's cabinet has decided to remove the value added tax from a range of medical charges in private hospitals in a bid to reduce the …
Colombo Stock Exchange decides to delist Kalpitiya Beach Resort
June 19, 2018 (LBO) – Board of Directors of the Colombo Stock Exchange has decided to delist the securities of Kalpitiya Beach Resort subject to the approval …
Sri Lanka GDP grows by 3.2-pct in Q1 2018
Jun 19, 2018 (LBO) - Sri Lanka's Gross Domestic Product (GDP) grew 3. online pharmacy buy diflucan with best prices today in the USA 2 percent in the first …
McLarens & Peak Engineering to offer facilities management solutions through new JV company
Jun 18, 2018 (LBO) - McOcean Property Developers (Pvt) Ltd., (a member of the McLarens Group) in a joint venture with Peak Engineering & Consultancy (Pte) …
Fitch-rated finance Cos unlikely to face immediate rating action despite new Regs
Jun 14, 2018 (LBO) – Fitch Ratings says finance companies rated by them are unlikely to face immediate rating action, as they believe all have adequate …
![ICRA Lanka assigns [SL] A1 rating to commercial paper programme of LOLC](https://www.lankabusinessonline.com/wp-content/uploads/2015/11/LOLC-1.jpg "ICRA Lanka assigns [SL] A1 rating to commercial paper programme of LOLC")
ICRA Lanka assigns [SL] A1 rating to commercial paper programme of LOLC
June 06, 2018 (LBO) – ICRA Lanka Limited, aubsidiary of ICRA Limited, group company of Moody’s Investors Service, has assigned [SL] A1 rating to the 1,000 …
Swedish asset manager Tundra increases position in John Keells
June 05, 2018 (LBO) – Swedish asset manager in frontier markets, Tundra Fonder has increased their position in Sri Lanka’s largest company, John Keells. …
Sri Lanka’s insurance industry growth to continue despite extreme weather: Fitch
June 05, 2018 (LBO) – Fitch Ratings expects the exposure of Sri Lanka’s non-life insurers to extreme weather-related events to be manageable due to …
Presidential Commission on SriLankan, Mihin commences witness hearings
June 04, 2018 (LBO) – Presidential Commission appointed to look into alleged malpractices at SriLankan Airlines, SriLankan Catering, and Mihin Lanka …
Sri Lanka exports up 6.3-pct to USD1.1Bn
Jun 01, 2018 (LBO) - Sri Lanka's overall exports were up by 6.3 percent to US 1.1 billion dollars with an increase in industrial exports, data from the …
Sri Lanka inks deal with Chinese firm for flood mitigation in Colombo
May 31, 2018 (LBO) - Sri Lanka's Ministry of Megapolis and Western Development signed an agreement with the China Petroleum Cooperation to construct two …
Melstacorp enters into USD20mn joint venture to distribute cement
May 25, 2018 (LBO) – Melstacorp has entered into a joint venture agreement with Pyramid Gama (Private) Limited for importation, processing, packaging, and …
VAT to be reduced by 2.5-pct by 2020 : Fin Min
May 25, 2018 (LBO) - Sri Lanka will reduce Value Added Tax (VAT) by 2.5 percent in 2020 in order to relieve masses of the burden of indirect taxes, Minister …
Cabinet nod for bonded warehouses
May 24, 2018 (LBO) - Sri Lanka's cabinet of Ministers have approved the establishment of bonded warehouses for pharmaceuticals, dairy products, solid waste …
Opinion : Sub agents and migrants; dissecting their relationship to guide regulation
Bilesha Weeraratne Geetha is an unskilled and uneducated female from rural Sri Lanka. As she was saddled with financial issues and could not find a suitable …
Fitch says Sunshine Holdings new equity issue not enough for ratings upgrade
May 21, 2018 (LBO) – Fitch Ratings says current ratings of Sunshine Holdings will remain unchanged as the projected fall in net leverage from the proposed …
Facebook to empower youth & entrepreneurs in Sri Lanka
May 15, 2018 (LBO) – Facebook’s global ‘Boost Your Business’ program is now available for the youth and entrepreneurs of Sri Lanka. Facebook has …
ADB approves USD 100Mn additional funding to enhance job skills in Sri Lanka
May 11, 2018 (LBO) - The Asian Development Bank’s (ADB) has approved a US 100 million dollars results-based loan as additional financing for the Government …
Harry J says Distilleries profits up 134-pct in 4Q17-18 after adjustments
May 04, 2018 (LBO) – Sri Lankan business magnate Harry Jayawardena in his statement to the shareholders of Distilleries said net profit after tax for the …