MRF launch’s tyre and service centre in Sri Lanka
Sept 12, 2018 (LBO) - Tyre & Service Centre (T&S) is the latest offering in Sri Lanka from MRF – one of the leading global brands.This outlet …
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Sri Lanka Fin Min hikes fuel price: Petrol Rs.149 and Diesel Rs.123
Sept 11, 2018 (LBO) - Sri Lanka's Finance Ministry has raised the petrol price to 149 rupees a litre from 145 rupees with effect from midnight September 10 …
Sri Lanka to open VAT refund counter for tourists at Bandaranaike Airport
Sept 10, 2018 (LBO) – Sri Lanka’s Finance Ministry is to open a special counter at the Bandaranaike International Airport to implement the new VAT refund …
Recommendations for positioning Sri Lanka as attractive FDI destination: AMCHAM/STAX
Sept 10, 2018 (LBO) - AMCHAM, in collaboration with STAX, recently launched the 2018 whitepaper ‘FDI Landscape and Investor Sentiment in Sri Lanka’ at a …
Sri Lanka PM leaves to attend World Economic Forum of ASEAN in Hanoi
Sept 10, 2018 (LBO) - Prime Minister Ranil Wickremesinghe left for Hanoi, Vietnam on a three-day official to attend the World Economic Forum on the …
Impact of imposition of VAT on condominium sales: JLL report
Sept 10, 2018 (LBO) - In the wake of continuing uncertainty with regard to the effective date on the reintroduction of Value Added Tax (VAT) on residential …
CEB and PUCSL call truce : Entities developing common platform to approve generation plan
Sept 10, 2018 (LBO) - Ceylon Electricity Board (CEB), the state utility who provide electricity for Sri Lanka and its regulator the Public Utilities …
Colombo Port tops Alphaliner global container port rankings for first time
Sept 09, 2018 (LBO) – Colombo Port has been ranked as the fastest growing container port out of 30 major ports in the world for the first half of this year. …
USAID partners with local banks to increase lending for small businesses
Sept 07, 2018 (LBO) – US Agency for International Development (USAID) has partnered with Sri Lankan banks to announce nine million US dollars worth financing …
Sky One residencies launched in Colombo
Sep 07, 2018 (LBO) - Sky-One residencies to be constructed on a land area of approximately 143 perches and due completion in 2021 was launched in Colombo, …
Asoka Sirisena re-elected President of Sri Lanka Insurance Institute
Sept 06, 2018 (LBO) - Asoka Sirisena,senior deputy general manager, technical of Ceylinco Life Insurance Limited was re-elected as the President for 2018/2019 …
Tourist arrivals to Sri Lanka up 5-pct in August with largest source from India
Sept 06, 2018 (LBO) – Tourist arrivals to Sri Lanka were up five percent to 200,359 in August 2018 from a year earlier, official data showed. This month, the …
Female founders introduce a solution to all parking problems at Disrupt Asia
Park and Pay was crowned the winner of Start-up battle at Disrupt Asia 2018, Sri Lanka's Premier Start-up Conference and Innovation Festival, which took place …
Govt approves global Tourism Development Project; Awards contracts for digital advertising
Sept 06, 2018 (LBO) - Sri Lanka's Cabinet of ministers have given the go ahead for a Global Level Tourism Development Project to promote tourism, a statement …
Ishara Nanayakkara resigns from Seylan Bank Board
September 5, 2018 (LBO) - Controlling shareholder of listed Sri Lankan financial giant LOLC, Ishara Nanayakkara has resigned from the Board of Directors of …
Moody’s says Sri Lankan banking system outlook is negative
Sept 05, 2018 (LBO) – Moody's Investors Service says that the outlook for Sri Lanka's banking system is negative, as the economy remains weak and asset …
Dhammika Perera resigns from Lanka Ceramic Director Board
Sept 05, 2018 (LBO) – Sri Lanka’s business magnate, Dhammika Perera has resigned from the Chairmanship and the Director Board of the Lanka Ceramic PLC with …
Ronan Keating at Chena Huts by Uga Escapes
While Boyzone’s concert was building hype and highlight around the music enthusiasts of the country, the band member Ronan Keating has decided to enjoy the …
Asanga Seneviratne selling Anilana Hotels (ALHP) shares
September 5, 2018 (LBO) - Famed stock market operator Asanga Seneviratne is selling some of his shares in CSE listed Anilana Hotels (ALHP). buy levofloxacin …
CSE flags irregular trading in shares of MTD Walkers (KAPI)
September 4, 2018 (LBO) - On August 31st, the Colombo Stock Exchange (CSE) has queried listed construction firm MTD Walkers (KAPI) on unusual trading in its …