SLASSCOM to host multiple events in Norway and Sweden coinciding with PM’s visit to Oslo
Oct 02, 2018 (LBO) - The Sri Lanka Association for Software and Services Companies (SLASSCOM) will host multiple events in Norway and Sweden with the …
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ADB & HNB ink USD20Mn agreement to strengthen microfinance institutions
Oct 01, 2018 (LBO) – Hatton National Bank announced the signing of a new partnership agreement with the Asian Development Bank in order to expand lending and …
Fitch affirms ratings on 9 Sri Lankan banks; outlooks stable
Oct 01, 2018 (LBO) – Fitch Ratings has affirmed the Long-Term Issuer Default Ratings (IDRs) of nine Sri Lanka-based banks and has assigned a stable outlook …
Facebook resets log in tokens of 90 million users after attackers exploited system
Sept 29, 2018 (LBO) – Facebook has discovered a vulnerability that affected almost 50 million accounts after an external actor exploited their systems. buy …
MTD Walkers (KAPI) restructures debentures due September 30th, changes auditors
September 28, 2018 (LBO) - In Colombo Stock Exchange (CSE) filings filings released today, listed construction company MTD Walkers (KAPI), announced a …
Construction work of Sri Lanka’s first LNG power plant to begin next month
Sept 28, 2018 (LBO) – Construction work of Sri Lanka’s first liquified natural gas (LNG) fuelled power plant will be commenced in Hambantota next month.buy …
ADB provides USD300Mn for elevated highway
Sept 28, 2018 (LBO) - The Asian Development Bank’s (ADB) has approved a US 300 million dollar loan to help in the construction of about 5.3 kilometers (km) …
Shareholders of Morison reject resolution to delist from CSE
Sept 27, 2018 (LBO) – Morison PLC said in a stock exchange filing that their resolution to delist the company from the Colombo Stock Exchange was not adopted …
Aussie journalist delves into new Macquarie chief Shemara Wikramanayake’s colourful family
September 27, 2018 (LBO) - Australian journalist Aaron Patrick has published a detailed exploration of the Sri Lankan family history of Shemara Wikramanayake, …
OPINION: 90,000 Northern families in shanties or homeless. What happened to Govt. promised housing?
By Jekhan Aruliah In October last year I had the privilege of participating in the blessing of a new water well in the Killinochchi District of the Northern …
NDB rights issue in question as shares trade below rights issue price of 105
September 26, 2018 (LBO) - The woes of the Colombo Stock Exchange (CSE) threaten to disrupt the capital raising efforts of one of Sri Lanka's most prominent …
Collapse of rupee and yahapalana govt.’s economic mismanagement: MR
Sept 26, 2018 (LBO) - The Rupee has depreciated steadily against the US Dollar ever since the yahapalana government came into power - a trend which has now …
Mitra Innovation expands operations into Europe – opens office in Germany
Sept 25, 2018 (LBO) - Mitra Innovation recently announced the launch of engineering and client servicing operations in Germany. online pharmacy buy cymbalta …
“Sri Lanka Socio-Economic Data – 2018”, now available
Sept 24, 2018 (LBO) - “Sri Lanka Socio-Economic Data – 2018”, the annually published data folder of the Central Bank of Sri Lanka, is now available for …
Sri Lankan tech firm Auxenta in ‘30 Most Innovative Companies to Watch 2018’
Sept 21, 2018 (LBO) - The fast-growing boutique technology solutions firm, Auxenta, is proud to be named as one of ‘30 Most Innovative Companies to Watch for …
Sri Lanka’s rupee hits record lows as Central Bank hold rates
Sept 21, 2018 (LBO) - Sri Lanka’s rupee hit an all time low of 168.65/169.00 to the US dollar at the close of day Thursday down from 167.10 the day before …
India gives Rs.300Mn grant to build cold storage for Sri Lanka’s fruits and vegetables
Sept 20, 2018 (LBO) - A Memorendem of Understanding has been signed between the Ministry of National Policies and Economic Affairs and the Government of India, …
Sri Lanka’s Access gets Col 02 land for Rs.1.1 Bn
Sept 20, 2018 (LBO) - Sri Lanka's cabinet of ministers has approved the lease of a prime land block in the Colombo's central business district to Access …
Cabinet nod for 500MW LNG plant in Kerawalapitiya
Sept 20, 2018 (LBO) - - The Ceylon Electricity Board has been given cabinet approval to sign an agreement with India's NTC to build and 500 Meggawatt …
Margin deposit requirement against LCs opened with commercial banks for vehicles
Sept 20, 2018 (LBO) - The Monetary Board of the Central Bank of Sri Lanka imposed a 100 per cent margin deposit requirement against Letters of Credit opened …