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Huawei launches GR5 2017 Premium in Sri Lanka
(PRESS RELEASE) - Huawei, the leading smartphone brand in Sri Lanka recently introduced the Huawei GR5 2017 Premiumedition to the Sri Lankan public. The new …
Sri Lanka to build 1,040 MW hybrid energy park in Punarin
May 24, 2017 (LBO) – Sri Lanka’s cabinet has approved a proposal to build an energy park of 1,040 MW of power in Punarin area in line with the government's …
Sri Lanka’s People’s Bank buys PMF land in Colombo
May 24, 2017 (LBO)- People`s Merchant Finance (PMF) had sold its 108-perch property in Colombo 02 to People's Bank for 1.04 billion rupees in order to help …
Sri Lanka’s Commercial Bank offers e-FDs for foreign currency accounts
May 24, 2017 (LBO) - Sri Lanka's Commercial Bank’s Online Banking platform has been further enhanced with the introduction of electronic fixed deposits …
Dialog paves way for 5G with successful MIMO trial
May 24, 2017 (LBO) - Sri Lanka’s Dialog Telecom said they have successfully completed a trial of next-generation, MIMO (Multiple-Input Multiple-Output) …
Interview: E-commerce shakes up Sri Lanka’s retail sector, says Takas CEO
May 24, 2017 (LBO) - Sri Lanka's online retail sector is booming, which poses a threat to traditional retail stores. Online stores too are battling it out for …
Sri Lanka’s Lakdhanavi to build power station in Bangladesh
May 23, 2017 (LBO) - Sri Lanka's Lakdhanavi, the power generation arm of LTL Holdings, has been awarded a contract by Bangladesh Power Development Board (BPDB) …
Nawaloka Holdings acquires machinery manufacturer & distributor Alcobronz
(Press Release) Nawaloka Holdings, a diversified conglomerate in Sri Lanka recently acquired the leading machinery Manufacturer, Importer and Distributor …
Dialog Axiata offers pay per click rewards in Sri Lanka
May 23, 2017 (LBO) – Sri Lanka's Dialog Axiata has entered the pay-per-click market offering Dialog and non-Dialog subscribers the opportunity to earn …
Hemas VAT Reclaim Service helps SL biz travelers recover VAT on travel costs
Hemas Travels, the local representative for Hogg Robinson Group (HRG), the global travel management company with representation in over 120 countries, has been …
Hayleys crosses Rs 100 billion turnover in 2016/17
Leading Sri Lankan conglomerate Hayleys PLC concluded the 2016/17 financial year with its strongest performance to-date, setting a new benchmark for the …
Janashakthi records double digit growth in premiums in Q1 2017
Janashakthi Insurance PLC (Janashakthi) reported a 14% Year on Year (YoY) growth in consolidated Gross Written Premium (GWP) which stood at Rs.3.789 billion …
CCS to invest Rs6.3bn in new ice cream factory, bottling facility
May 19, 2017 (LBO) – Ceylon Cold Stores said it is enhancing capacity with investments of 3. buy flagyl online mexicanpharmacyonlinerx.net/dir/flagyl.html no …
Sri Lanka to distribute one million LED bulbs among consumers
May 19, 2017 (LBO) – Sri Lanka's Power Ministry plans to distribute one million LED bulbs among consumers under a national loan programme coming under its …
Sri Lanka recognizes SLIIT as non-state independent body
May 18, 2017 (LBO) – Sri Lanka’s cabinet has approved a proposal made by the President to recognize the Sri Lanka Institute of Information Technology …
Sri Lanka to start pilot project for public sector with flexible hours
May 18, 2017 (LBO) – Sri Lanka’s government plans to launch a pilot project introducing flexible working hours for the public sector currently serving in …
Sri Lanka’s petroleum unions warn of another strike next week
May 17, 2017 (LBO) - The Ceylon Petroleum Corporation (CPC) unions have in a letter informed the Premier that they will re- commence halted strike action next …
Sri Lankan real estate to be recognised at PropertyGuru Asia Property Awards
(PRESS RELEASE) • Nominations are ongoing until 25 August for the industry’s premier event • Domestic winners to compete for regional accolades to …