Samsung Galaxy S8 & S8+ launched in Sri Lanka
Apr 22, 2017 (LBO) – Samsung officially launched its flagship Galaxy S8 and Galaxy S8+ in Sri Lanka during a unique concert held in Colombo yesterday. The …
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Sri Lanka to formulate standards for adventure sports
Apr 20, 2017 (LBO) – Sri Lanka plans to formulate national standards in line with international norms for all adventure activities, the National Policy and …
Capital Developers deploy five piling machines for twin tower project
Apr 20, 2017 (LBO) - Property developer Capitol Developers has deployed five piling machines to accelerate construction of Capitol Twin Peaks, the …
Walkers CML International secures first project in Maldives
Apr 19, 2017 (LBO) - Walkers CML International (Private) Limited, a subsidiary of MTD Walkers PLC, said it will build its first luxury residential project in …
Horton Square USD 250mn project breaks ground
Apr 18, 2017 (LBO) - The ground-breaking ceremony of Horton Square, St Regis Hotels and Residences was held at the former Central Hospital premises in Colombo …
Distrust in the internet placing digital future at risk
By Andy Cheema Digital technology is a defining feature of modern life. In 2016, there were 3.4 billion internet users and 3.8 billion unique mobile users. On …
Sri Lanka Resus Energy buys hydropower company in Kegalle
Apr 17, 2017 (LBO) – Sri Lanka's Resus Energy has acquired a hydro power company with approvals to develop hydro power in Kegalle district for 20. online …
Asia-Pacific biggest gainer in capital flows into real estate in 2016: JLL
Apr 17, 2017 (LBO) - Asia-Pacific has shown the biggest gains in global capital flows into real estate in 2016, according to JLL’s Global Capital Markets …
Kuwait to provide additional loan for Kalu Ganga development project
Apr 12, 2017 (LBO) - The Kuwait Fund for Arab Economic Development (KFAD) will provide an additional concessional loan of Kuwait Dinar 5 million (16.5 million …
SriLankan and Japan Airlines expand codeshare
Apr 11, 2017 (LBO) - SriLankan Airlines is strengthening its presence in the Japanese travel market with the expansion of its codeshare agreement with oneworld …
UAE to enhance commercial ties with Sri Lanka
(PRESS RELEASE) - The United Arab Emirates wishes to enhance bilateral trade and investments with Sri Lanka, its envoy in Sri Lanka, His Excellency Abdulhamid …
Government to sell 1515 rupees worth food basket at 975 rupees
On the instruction of President Maithripala Sirisena and the Prime Minister Ranil Wickremesinghe it has been decided by the government to provide a 1,515 …
BoC records profit before tax of Rs31.2bn in 2016; highest ever in history
Bank of Ceylon, having completed many fruitful years, now has closed 2016 with another trailblazing record of Rs.31.2 billion profit before tax with 23% …
Sri Lanka tourist arrivals up 3.4 pct in Q1, March down 2.5-pct
Apr 06, 2017 (LBO) - Sri Lanka's tourist arrivals rose 3. online pharmacy buy ciprodex with best prices today in the USA online pharmacy buy diflucan with …
Sri Lanka PC ownership dips, usage of smartphones and tabs up
Apr 06, 2017 (LBO) - Sri Lanka's computer literacy, the ability to operate a computer by oneself, increased slightly to 27. buy chloroquine online …
Assembling vehicles locally with used spare parts raises concerns: CMTA
Apr 06, 2017 (LBO) – Ceylon Motor Traders’ Association said they are concerned about the recent decision by the government, where it allowed the assembling …
SriLankan Airlines to resume normal operations from Friday
Apr 05, 2017 (LBO) – SriLankan Airlines will resume normal operations throughout its global route network from 7th April 2017, the Airline said in a …
Melwa to invest USD 100Mn, six Hilton hotels in Sri Lanka
Apr 05, 2017 (LBO) - Hilton (NYSE: HLT) signed six management agreements on Wednesday with Melwa Hotels and Resorts Private Limited to manage three Hilton …
Four-lane roadway with tunnel for Kandy to reduce congestion
Apr 05, 2017 (LBO) – Sri Lanka’s cabinet nod has been received to construct a four-lane roadway to reduce traffic congestion in Kandy town. The road …
SriLankan cargo to expand operations, mulls wet leasing freighter
Apr 05, 2017 (LBO) - SriLankan airlines says that cargo volumes are growing and they see a greater demand in the future especially in the Indian subcontinent …