Sri Lanka estate workers daily wage hiked to Rs. 800 from April 01st : Fin Min
Mar 13, 2019 (LBO) - Sri Lanka's Finance Minister said estate workers will receive a 800 rupees daily wage from the present 700 rupees from April 01st 2019. …
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UK’s Flexicare launches USD 10Mn health care manufacturing facility in SL
Mar 13, 2019 (LBO) - Flexicare Lanka (Pvt) Ltd., a fully owned subsidiary of Flexicare Group, UK launched the construction of a state-of-the art modern …
Fuel prices increased; Petrol hiked to Rs.132
Mar 13, 2019 (LBO) - Sri Lanka Government increased the price of petrol (92 Octane) by 3 rupees to 132 rupees a litre and auto diesel by 1 rupee to 104 rupees …
France’s Michelin eyes Sri Lanka for new operations
Mar 13, 2019 (LBO) - A delegation from Michelin, the French tire manufacturing giant met with the Board of Investment Chairman Hemasiri Fernando and Champika …
LSEG appoints Dee Liyanwela as head of LSEG Technology Sri Lanka
Mar 12, 2019 (LBO) - The London Stock Exchange Group (LSEG) announced Dee Liyanwela has been appointed as the Head of LSEG Technology Sri Lanka, in addition to …
CSE listed East West Properties (EAST) reports a crippling loss, equity almost wiped out
March 12, 2019 (LBO) - Colombo Stock Exchange listed East West Properties (EAST) has reported a crippling loss which has almost wiped out the entire equity of …
SL foresee digitalization and 5G as ‘Energy Pill’ for Economic Growth: Min Harin
Mar 12, 2019 (LBO) - Sri Lanka’s Minister of Telecommunication, Foreign Employment and Sports, Harin Fernando pointed out government’s aim is to make Sri …
SL fiscal consolidation plans challenging without policy effectiveness and faster growth
Mar 12, 2019 (LBO) - Achieving Sri Lanka's deficit and debt targets will be challenging without a significant increase in fiscal policy effectiveness and …
JICA signs LKR 48Bn concessionary loan to establish Malabe-Fort LRT
Mar 11, 2019 (LBO) - A concessionary loan agreement for JPY 30,040 million (approx. 48 billion rupees) was signed between the Government of Sri Lanka …
Interview : Present and future trends in real-estate and condo market in Sri Lanka
Mar 11, 2019 (LBO) – The Blue Ocean Group of Companies has grown into a versatile conglomerate over the past few years. The group of companies engage in …
SriLankan operates its first all female crew flight recognizing Women’s Day
In recognition of International Women's Day, SriLankan Airlines operated its first all-female crew flight from Colombo to Singapore and return.UL306 of 8th …
Colombo Land Price Index records 18-pct increase in 2H 2018
Mar 07, 2019 (LBO) – Land Price Index (LPI) for Colombo District, compiled by the Central Bank reached 125. online pharmacy buy abilify with best prices …
Condominium developers urge buyers to profit from Sri Lanka’s new VAT laws
Mar 07, 2019 (LBO) – Condominium developers are urging buyers to profit from the new VAT laws as all condominiums are about to go up in price soon. online …
Japan grants USD1.4Mn to UNFPA to improve access to sexual & reproductive health
Mar 07, 2019 (LBO) - The Government of Japan and the United Nations Population Fund (UNFPA) in Sri Lanka signed an agreement, granting US 1.4 million dollars …
SLASSCOM and Norway sign letter of intent for ICT development and entrepreneurship
Mar 06, 2019 (LBO) - The Sri Lanka Association of Software and Services Companies (SLASSCOM) and the Norwegian Ministry of Foreign Affairs expressed their …
Free Wi-Fi serves 455,741 users with 79,280 GB of data so far: PM’s office
Mar 06, 2019 (LBO) – As per the statistics of the ICTA, 455,741 users have so far accessed free public Wi-Fi facilities in Sri Lanka, Policy Development …
Sri Lanka revises excise duty, implements luxury tax on motor vehicles
Mar 05, 2019 (LBO) - Sri Lanka’s Finance Minister Mangala Samaraweera told Parliament Tuesday that a revision of excise duty and implementation of a luxury …
Budget 2019 will empower people and nurture poor: Fin Min
Mar 05, 2019 (LBO) - Sri Lanka's Budget – 2019 will focuses on Enterprise Sri Lanka empowering the people and nurturing the poor, the Finance Ministry said. …
Sexual harassment in public transport: Speak up, intervene and be the change
Mar 05, 2019 (LBO) - “I was travelling in a bus when the man seated next to me started to touch my thigh, while he was pretending to sleep. When I …
Addressing the White Elephant in Lankan economic development in tourism
In the past, Sri Lanka has focused on increasing the number of tourists coming into the country and showcase the increase in tourism without much concentration …