Blue Ocean Group wins multiple awards at Asia Property Awards 2018 in Sri Lanka
Blue Ocean Group, one of Sri Lanka's leading real estate developer was yet again in the limelight at the inaugural PropertyGuru Asia Property Awards - Sri …
Industry
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Altair takes top honours at 2018 PropertyGuru awards in Colombo
Altair won four top awards at the 2018 PropertyGuru Asia Property Awards in Colombo, taking the major honours at this prestigious event held for the first time …
IIT students showcase innovative IT and business solutions
Informatics Institute of Technology (IIT), the pioneer in British higher education in Sri Lanka, conducted the latest edition of “Cutting Edge”, the annual …
Comm Bank introduces Flash – Sri Lanka’s first fully-fledged Digital Bank Account
The Commercial Bank of Ceylonhaslaunched Sri Lanka’s first fully-fledged DigitalBankAccountdesigned to be the next evolution in digital financial services …
Mastercard Offers Greater Value for Premium Cardholders in Sri Lanka
Mastercard unveiled an enhanced suite of benefits and privileges exclusively for World and Platinum Mastercard consumer credit cardholders in Sri Lanka. buy …
US Trade Court nullifies tax on Sri Lanka rubber tyre imports in historic judgement
July 17, 2018 (LBO) – Sri Lanka has won the first ever revocation of countervailing duty imposed in US for a Lankan export with the removal of duties on the …
Fitch downgrades Melsta Regal Finance; affirms 9 Sri Lankan Finance Companies
July 17, 2018 (LBO) – Fitch Ratings Lanka has downgraded Melsta Regal Finance's National Long-Term Rating to 'B(lka)' from 'A+(lka)' and removed the Rating …
Dialog becomes Sri Lanka’s first cloud service provider to offer VMware
July 17, 2018 (LBO) – Sri Lanka’s leading telecommunications service provider, Dialog Axiata on Tuesday partnered with VMware to strengthen the country’s …
Asia Property Awards debuts in Sri Lanka: Honors industry’s growing potential
Jul 17, 2018 (LBO) - Sri Lanka's real estate industry was honored at the first PropertyGuru Asia Property Awards which was held at the Shangri-La, Colombo, …
CSE to host briefing for potential Empower Board sponsors
Jul 17, 2018 (LBO) - The Colombo Stock Exchange (CSE) and the Securities and Exchange Commission of Sri Lanka (SEC) recently launched "Empower", a listing …
Capital Trust Residencies wins multiple awards at Asia Property Awards 2018
Capital TRUST Residencies (Pvt) Ltd clinched four prestigious awards at the PropertyGuru Asia Property Awards 2018 held at Shangri-La Hotel Colombo on 12th …
National Export Strategy to be launched this week
Jul 16, 2018 (LBO) - Sri Lanka is to launch a long-awaited National Export Strategy (NES) later this week on the 19th. "The National Export Strategy (NES) is …
Tire maker Michelin acquires Camso
Jul 16, 2018 (LBO) - Michelin, a tire company has acquired Camso, an off-the-road (OTR) track and tire company, for US 1.45 billion dollars. The two …
Sri Lanka – Singapore FTA: Over USD 16Bn investment projects under discussion
Jul 16, 2018 (LBO) - Projects with a total investment value of over US 16 billion dollars mainly in manufacturing for exports are the first projects to realize …
Sri Lanka Sotheby’s international reality sign up Sapphire residences
Jul 16, 2018 (LBO) - Sri Lanka Sotheby’s International Realty the global marketing agents for the ultra-prestige residential development Sapphire Residences …
CEB interdicts DGM Energy Purchases for refusing to pay ACE Embilipitiya
Jul 16, 2018 (LBO) - The Deputy General Manager, Energy Purchases of Ceylon Electricity Board (CEB) says that the Government should not pay the 100 MW ACE …
CSE to host briefing event for potential Empower Board sponsors
Colombo Stock Exchange (CSE) and the Securities and Exchange Commission (SEC) recently launched "Empower", a listing platform fostering capital raising and …
Sri Lanka seeks investments from France for Megapolis project
July 13, 2018 (LBO) – Sri Lanka recently concluded an investment forum in France aimed at attracting foreign investments for the Megapolis project that is …
Fitch removes Rating Watch Negative on Distilleries; affirms at AAA(lka)
July 13, 2018 (LBO) – Fitch Ratings has removed the Rating Watch Negative on Distilleries Company's National Long-Term Rating, and has affirmed the rating at …
Sotheby’s International Realty partners with Catalina Koggala’s luxury villa development
July 12, 2018 (LBO) - Sri Lanka Sotheby’s International Realty today announced an agreement to work with Catalina Koggala, Sri Lanka’s premiere villa-based …