LankaPropertyWeb.com Acquires Lamudi.lk
Jan 04, 2019 (LBO) - Sri Lanka’s leading property portal LankaPropertyWeb has announced the acquisition of the country’s no.2 property portal lamudi.lk. …
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MBSL announces changes in MIDCAP with year-end index rebalance
In a pioneering move, Merchant Bank of Sri Lanka & Finance PLC (MBSL) constructed a Stock market Index: the "MBSL MIDCAP Index", which measures the …
Fitch Rates Sampath Bank’s Basel III Sub Debt ‘A(lka)(EXP)’
Jan 02, 2019 (LBO) - Fitch Ratings has assigned Sampath Bank PLC's (A+(lka)/Stable) proposed Basel III compliant subordinated debentures an expected National …
Sri Lanka and Nepal to strengthen economic cooperation
Jan 02, 2018 (LBO) - The Embassy of Sri Lanka in Nepal, together with the Nepal- Sri Lanka Chamber of Commerce and Industry organized a programme on …
Sri Lanka’s Dialog announce live transmission of South Asia’s first 5G pilot
Jan 01, 2019 (LBO) - Dialog Axiata announced the commissioning of South Asia’s first fully functional and standards compliant 5G transmission using …
HUAWEI’s annual smartphone shipments exceed 200Mn units
Jan 01, 2019 (LBO) - HUAWEI Consumer BG announced recently that its global smartphone shipments for the 2018 year have exceeded 200 million units, thanks to …
Colombo Port handles record breaking 7-millionth container for 2018
Dec 31, 2018 (LBO) – Colombo Port on Monday handled its seven millionth container (TEU) at the Jaya Container Terminal of Sri Lanka Ports Authority with …
CICT ends 2018 with 2.65mn TEUs, 38-pct of Colombo Port’s volume
Dec 31, 2018 (LBO) – Colombo International Container Terminals (CICT) has reported handling 2.65 million teus for the 12 months ending 31st December 2018, …
Laugfs Gas to infuse Rs1.1bn for expansion of its LPG Transshipment Terminal
Dec 27, 2018 (LBO) – Laugfs Gas will infuse 1,150 million rupees for the expansion of its LPG Transshipment Terminal facility located at Hambantota …
Huawei’s Ken Hu expresses confidence in business
Dec 28, 2018 (LBO) - Huawei rotating Chairman Ken Hu issued a strong message of confidence in Huawei's business growth and prospects, citing the trust of …
Sri Lanka vehicle registration down in Nov 2018
Dec 26, 2018 (LBO) - Vehicle registration momentum across most categories came down in the month of November relative to October 2018, a new report said. Data …
IBM appoints Riza Wadood as new Country General Manager for Sri Lanka
IBM (NYSE: IBM) today announced the appointment of Riza Wadood as the new Country General Manager for Sri Lanka. This leadership announcement further …
BOI inks deals in tourism and pharmaceutical sectors
Dec 21, 2018 (LBO) - The Board of Investment signed Agreements for projects in the field of hotels and the manufacture of pharmaceuticals. The Agreements were …
Sri Lanka’s Commercial Bank to raise Rs15bn through listed debenture
Dec 20, 2018 (LBO) – Sri Lanka’s listed Commercial Bank plans to raise as much as 15 billion rupees from an issue of debentures which will be quoted on the …
Tenure of Presidential Comm. to inquire into SriLankan Airlines extended
Dec 20, 2018 (LBO) – President Maithripala Sirisena has extended the term of office of the Presidential Commission to inquire into allegations of …
Hayleys Advantis unveils Sri Lanka’s largest distribution hub
Dec 19, 2018 (LBO) – Hayleys Advantis ceremonially unveiled Sri Lanka’s largest distribution hub – Advantis 3PL Plus Logistics City – in Kotugoda, …
Leapfrog announce investment of USD 12Mn in Sri Lanka’s Softlogic Life
Dec 19, 2018 (LBO) - LeapFrog Investments, a leading profit with purpose investor, today announced a USD 12 million dollar investment in Softlogic Life …
Prof. Rohan Samarajiva awarded SLT Zero-One lifetime achievement award
LIRNEasia founding Chair Prof. Rohan Samarajiva received the SLT 01 Lifetime Achievement Award at a gala ceremony held earlier this week. buy tadora online …
Ceylon Chamber facilitates efficient document approval process for exporters
Dec 18, 2018 (LBO) - A Memorandum of Understanding was signed between the Ceylon Chamber of Commerce and the Ministry of Foreign Affairs (MoFA) recently, for …
High profile US delegation visits Sri Lanka’s Port of Colombo
Dec 17, 2018 (LBO) – A high profile delegation of the United States headed by Deputy Assistant Secretary at the United States Bureau of South and Central …