Nawaloka Holdings acquires machinery manufacturer & distributor Alcobronz
(Press Release) Nawaloka Holdings, a diversified conglomerate in Sri Lanka recently acquired the leading machinery Manufacturer, Importer and Distributor …
General Services
Hemas VAT Reclaim Service helps SL biz travelers recover VAT on travel costs
Hemas Travels, the local representative for Hogg Robinson Group (HRG), the global travel management company with representation in over 120 countries, has been …
CCS to invest Rs6.3bn in new ice cream factory, bottling facility
May 19, 2017 (LBO) – Ceylon Cold Stores said it is enhancing capacity with investments of 3. buy flagyl online mexicanpharmacyonlinerx.net/dir/flagyl.html no …
Ceylon Cold Stores March quarter net down 15-pct
May 17, 2017 (LBO) – Profits at Sri Lanka’s Ceylon Cold Stores group, which has interests in consumer goods and retailing, fell 15 percent to 824 million …
CIMA members can now obtain CA Sri Lanka membership
May 16, 2017 (LBO) – A memorandum of agreement signed between two of the country’s leading accounting bodies has paved the way for CIMA members to obtain …
Sri Lanka to rollout waste disposal centres, other steps
May 09, 2017 (LBO) - Sri Lanka's cabinet has approved, as part of long-term solutions for the management of municipal solid waste generated in the western …
Sri Lanka to regulate water services industry
May 03, 2017 (LBO) – Sri Lanka seeks to regulate water services industry by introducing a new law which includes guidelines to regularizing the sector. …
Sri Lanka launches e-Police clearance certificates
May 03, 2017 (LBO) – Sri Lanka's Police has launched an ePolice certificate system with the help of ICTA for the issuance of Police Clearance Certificates …
China Heavy Machinery Corp to carry out water, sewerage feasiblity
Apr 27, 2017 (LBO) – China Heavy Machinery Corporation is to carry out a feasibility study to identify and implement a reliable water and sewerage sector …
Fairway Waste Management says processing facility on schedule
Apr 24, 2017 (LBO) - Fairway Waste Management said its solid waste processing facility, being built in Colombo, was an important step taken recently to tackle …
Assembling vehicles locally with used spare parts raises concerns: CMTA
Apr 06, 2017 (LBO) – Ceylon Motor Traders’ Association said they are concerned about the recent decision by the government, where it allowed the assembling …
Sri Lanka drafting new immigrants and emigrants law
Mar 27, 2017 (LBO) – Sri Lanka is drafting a new immigrants and emigrants law to comply with developments in the international environment and the island’s …
Lanka Sathosa to open 50 branches next week
Mar 21, 2017 (LBO) - Sri Lanka’s state-owned retail network Sathosa will open 50 branches next week while targeting 500 branches by end of 2017 and then …
Sri Lanka water board sets targets to achieve by 2019
Mar 01, 2017 (LBO) – Sri Lanka’s water board has agreed to undertake several targets in line with IMF and Finance Ministry requirements over implementing …
Shopper sentiment improves on retail growth in Sri Lanka: OBG
Feb 28, 2017 (LBO) - Greater consumer confidence could bring about higher returns from Sri Lanka’s retail sector, though the possibility of a further …
Overvaluation of state land keeps out foreign investors: Minister
Feb 22, 2017 (LBO) – Sri Lanka Lands Minister John Amarathunga says investors are reluctant to invest in state lands due to their overvaluation by government …
Sri Lanka’s Nestlé unit net up 34-pct in December quarter
Feb 22, 2017 (LBO) – Profits at Nestlé Lanka, a unit of a Swiss-based food group, rose 34 percent to 860 million rupees in the December 2016 quarter from a …
Sri Lanka to modernize procurement with electronic system
Feb 21, 2017 (LBO) - Sri Lanka will be making its public procurement more efficient and transparent with the introduction of an electronic system, the minister …
J L Morisons to build USD13.5mn drug manufacturing plant
Feb 17, 2017 (LBO) – Sri Lanka’s J L Morison Son and Jones (Ceylon) has resolved to make an investment of 13. online pharmacy …
SAITM says ready to forge ahead amid protests
Feb 08, 2017 (LBO) - South Asian Institute of Technology and Medicine (SAITM) says they are ready for the rough road ahead and will push ahead despite …