China Harbour Engineering to construct 7-star Achilleion project
Apr 27, 2018 (LBO) – Sri Lankan real estate player Blue Mountain has signed an agreement with China Harbour Engineering Company Ltd. (CHEC) to build …
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Nawaloka & Durdans join Asiri in DOC990 Joint Venture with Dialog
Apr 26, 2018 (LBO) – DOC990 operated by Digital Health (Pvt) Ltd together with Asiri Hospital Holdings on Wednesday announced the expansion of the joint …
Sri Lanka targets pharmaceuticals self-sufficiency with new zone
Apr 03, 2018 (LBO) – Efforts to increase domestic and foreign investment in Sri Lanka’s pharmaceuticals industry is set to boost output, Oxford Business …
Coca-Cola CEO meets Prime Minister in Sri Lanka
Mar 29, 2018 (LBO) – President and CEO of Coca-Cola, James Quincey has met with Prime Minister Ranil Wickremesinghe during his maiden visit to Sri Lanka. …
United Motors to dispose its shareholding in TVS Lanka
Mar 27, 2018 (LBO) – United Motors Lanka said its 50 percent shareholding in TVS Lanka is to be disposed for 1 billion rupees. United Motors in a stock …
Sri Lanka plans to issue licenses for electricians from October
Mar 23, 2018 (LBO) – Sri Lanka's electricity sector regulator, Public Utilities Commission is planning to implement a mechanism to establish an accepted …
Dialog invests Rs262.5mn for new Data Centre JV in Sri Lanka
Mar 20, 2018 (LBO) – Dialog Broadband Networks, a fully owned subsidiary of Dialog Axiata has entered into a joint venture with St. Anthony’s Property …
Consumer goods & agri sectors boost Sunshine group profits by 23-pct
9MFY18 Highlights • Consolidated revenue of Rs.15.6 billion, an increase of 12.4% YoY • PAT amounted to Rs. 1.6 billion, up 23.0% YoY, due to strong Agri …
PDO seeks feedback of beauty culture entrepreneurs to develop sector
Feb 08, 2018 (LBO) – Policy Development Office of the Prime Minister’s Office is currently seeking feedback from beauty culture entrepreneurs to identify …
Sri Lanka to develop policy framework for beauty culture industry
Jan 23, 2018 (LBO) – Sri Lanka seeks to develop a policy framework for beauty culture industry, in order to ensure the expansion, development and further …
Atlas acquisition to boost Hemas’ defensive cash flows: Fitch
Jan 23, 2018 (LBO) – Hemas Holdings acquisition of a controlling stake in Sri Lanka's leading school and office stationery manufacturer, Atlas Axillia …
Hemas Holdings to acquire stationery manufacturer Atlas
Jan 19, 2018 (LBO) – Hemas Holdings has entered into an agreement to acquire 75. online pharmacy buy ciprodex with best prices today in the USA buy rotacaps …
Sri Lanka Govt issues new guideline for visa
Jan 11, 2018 (LBO) - The cabinet of ministers has given the go ahead to regularize and update the present method of visa issuing in Sri Lanka. According to …
Aus-SL trade reaches AUD1.3bn with 27-pct growth in trade in services
Jan 09, 2018 (LBO) – Trade between Australia and Sri Lanka has surged to a record high of 1. online pharmacy buy cymbalta with best prices today in the USA 3 …
France to provide Euro 13.9Mn loan to Sri Lanka for dairy projects
Jan 01, 2018 (LBO) - The French Republic agreed to extend its assistance to Sri Lanka, by providing a Euro 13.9 million (approximately 2,514 million rupees) …
Telecom operators are biggest spammers in Sri Lanka: report
Dec 13, 2017 (LBO) – Caller ID and spam detection app, Truecaller recently announced some revealing stats on spam and scam calls in Sri Lanka. The recently …
Sri Lanka to commence enabling Sinhala and Tamil scripts for top-level domain names
Dec 13, 2017 (LBO) - The Internet Corporation for Assigned Names and Numbers (ICANN) and local experts in policy, technical and linguistic fields convened in …
Austria gives Euro19Mn loan to upgrade technical education
Nov 29, 2017 (LBO) - The Austrian Government will provide a 19.35 million Euro (Rs 3546 million) interest free soft loans to upgrade the Katunayaka …
Sri Lankan Beer makers to regain market share with tax changes: Fitch
Nov 15, 2017 (LBO) – Sri Lanka's beer industry will regain market share from hard liquor following a more favourable tax regime for the segment announced in …
JKH to fully subscribe its entitlement of NTB rights issue
Nov 06, 2017 (LBO) – Sri Lanka’s diversified conglomerate John Keells Holdings said it will fully subscribe to its entitlement of the proposed rights issue …