Sri Lanka’s CICT invests over USD10Mn in Green infrastructure at Colombo Port
Nov 24, 2017 (LBO) - Colombo International Container Terminals (CICT) said they have converted it's diesel-operated rubber-tyred gantry cranes to electric, …
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Sri Lanka to host South Asia Forum on infrastructure regulation
Nov 24, 2017 (LBO) - Sri Lanka to host the 14th Executive Committee meeting of the South Asia Forum of Infrastructure Regulation (SAFIR) in Weligama, Sri Lanka …
CB issues notice of licence cancellation to Central Investments & Finance
Nov 23, 2017 (LBO) – Monetary Board of the Central Bank has decided to issue a notice of cancellation of licence granted to Central Investments and Finance. …
Foreign investment in stock market hits an all-time high in 2017
In what continues to be a promising year for foreign investor involvement in the stock market, 2017 has recorded an all-time high in foreign purchases during a …
Sri Lanka signs MoU with Korean firm for LRT feasibility
Nov 23, 2017 (LBO) - Sri Lanka's Ministry of Megapolis and Western Province Development signed and Memeorendum of Understanding with South Korean firm Seoyoung …
ADB to give USD 350Mn for power and road projects
Nov 23, 2017 (LBO) - Sri Lanka's Govenment and has entered into two loan agreements with Asian Development Bank (ADB) to borrow 150 million US dollars to …
Sri Lanka Insurance Industry records growth down to 13.87-pct in H1 2017
Nov 22, 2017 (LBO) - Sri Lanka's insurance industry growth has dipped together with profits in the first half of this 2017 as against a year earlier, data …
Sri Lanka’s Renuka Hotels commences trading at Colombo Stock Exchange
Nov 21, 2017 (LBO) – Renuka Hotels Limited commenced trading on the Colombo Stock Exchange (CSE) today and the occasion was marked through a bell ringing …
SriLankan Airlines restructuring dragged further even after 2 years
Nov 21, 2017 (LBO) – Restructuring process of SriLankan Airlines align with suitable business partner dragged further even after two years without having …
Virtusa Announces Second Quarter 2018 Consolidated Financial Results
(PRESS RELEASE) · Second quarter fiscal 2018 revenue of $248.2 million increased 9.2% sequentially and 18.1% year-over-year. · Second quarter fiscal 2018 …
North Central Province has the most affordable land prices
By LankaPropertyWeb.com According to the Land Affordability Index compiled by the leading property website LankaPropertyWeb.com, which compares the land prices …
Allianz Lanka report PBT of Rs.68Mn
(PRESS RELEASE) - Allianz Insurance Lanka, the general insurance company, recorded Gross Written Premium (GWP) of Rs.3.92 billion during the period under …
Sri Lanka incurs Rs. 50.6Bn loss due to delay in implementing planned power plants: PUCSL
Nov 20, 2017 (LBO) - The Public Utilities Commission of Sri Lanka (PUCSL) says that it has estimated a financial loss of 50. online pharmacy buy diflucan with …
ONYX Hospitality Group to launch Amari hotel in Colombo, Sri Lanka
Nov 20, 2017 (LBO) - Thailand's ONYX Hospitality Group, a hotel management company will launch a brand-new Amari hotel in the Sri Lankan capital city of …
Airtel partners with Google for online purchasing for 1st time in Sri Lanka
For the first time in Sri Lanka customers will be able to purchase apps and other digital content through their Airtel recharges or reloads launching with …
Shangri-La Hotel Colombo declared open by President & PM
Nov 16, 2017 (LBO) – Shangri-la Hotel Colombo was opened today by President Maithripala Sirisena and Prime Minister Ranil Wickremesinghe. Sri Lankan born …
Capital TRUST Residencies crowned Best Condo Sri Lanka at Asia Property Awards
(PRESS RELEASE) - Capital Trust Residencies (Pvt) Ltd clinched the prestigious awards for the Best Condominium Development (Sri Lanka), Best Condominium …
Sri Lanka Court awards Rs. 800, 000 compensation to British tourist
Nov 15, 2017 (LBO) - Sri Lanka's Supreme Court today granted compensation and cost amounting to 800, 000 rupees to a British tourist, on the basis of the …
Sri Lanka wants to amend Hambantota Port concession agreement
Nov 16, 2017 (LBO) – Sri Lanka’s cabinet revealed Wednesday that Ports Minister sought cabinet approval to amend the current concession agreement of the …
Janashakthi Insurance records growth of 12.4-pct upto Sept
Nov 15, 2017 (LBO) - Janashakthi Insurance PLC (Janashakthi) reported a consolidated Gross Written Premium (GWP) of 11.047 billion rupees for the nine months …