Sri Lanka’s Cargills Bank gets Theagarajah as Joint Deputy Chairman
Dec 05, 2016 (LBO) - Sri Lanka's Cargills Bank has appointed sector veteran Rajendra Theagarajah as the Joint Deputy Chairman. He will be joined by Ranjit …
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Sri Lanka bus operators strike against fines; commuters stranded
Dec 02, 2016 (LBO) – Several private bus unions resorted to an islandwide strike from midnight last night against the budget proposal to increase traffic …
U.S., Sri Lankan experts discuss island’s trade potential
Dec 02, 2016 (LBO) - U.S. and Sri Lankan officials have held three seminars on trade policy to unleash the island's trade potential, a statement said. The U.S. …
Sri Lanka tourism growth requires continuous effort: ForwardKeys
Dec 02, 2016 (LBO) - Flight bookings for travel to Sri Lanka during the next five months shows a modest 1.buy dapoxetine online buy dapoxetine online no …
SriLankan airlines to fly to Gan Island
(PRESS RELEASE) - SriLankan Airlines will consolidate its traditional positioning as the largest airline operation in the Maldives, by commencingservices to …
Moody’s maintains stable outlook on Sri Lankan banking sector
Dec 01, 2016 (LBO) - Moody's Investors Service has maintained its stable outlook on Sri Lanka's banking system, as moderate economic growth and reduced …
Comm Bank, Dunamis Capital and Aitken Spence win at CSE Masterminds 2016
(PRESS RELEASE) - Commercial Bank of Ceylon PLC won the inaugural capital market quiz organized by the Colombo Stock Exchange (CSE) recently. Dunamis Capital …
Sri Lanka approves two wind power plants in Chunnakam
Dec 01, 2016 (LBO) - Sri Lanka's cabinet has given the approval to award tenders establish two wind power plants of 10 megawatts each in Chunnakam. "The …
New legal framework for solar in Sri Lanka, no more licences
Nov 30, 2016 (LBO) - Sri Lanka's power regulator, Public Utilities Commission of Sri Lanka (PUCSL), has decided to remove the legal barriers for consumers who …
Sri Lanka to improve essential utility services in Western Megapolis
Nov 30, 2016 (LBO) – Sri Lanka’s cabinet has granted approval to improve new utilities and infrastructure required for the Western region Megapolis. It is …
Seylan secures a USD 15 mln term facility from UAE
Nov 30, 2016 (LBO) - Seylan Bank has successfully raised a 5-year 15 million US dollar facility from the National Bank of Ras Al Khaimah (RAKBANK) of the …
Vote on Facebook for your favourite feature on Emirates Economy Class
(PRESS RELEASE) - Even among seasoned travellers, air travel invariably generates a conversation and now Emirates is engaging in one with its customers and …
Janashakthi Nurture the Next Generation of Insurance Professionals
(PRESS RELEASE) Janashakthi Insurance recognised six students of the Wayamba University ‘Insurance and Valuation Degree’ batch for their outstanding …
Sri Lanka’s Comm Bank opens money transfer from Italy
Nov 28, 2016 (LBO) - Commex Sri Lanka, a fully-owned subsidiary of Commercial Bank of Ceylon, has inaugurated its money transfer operation in Italy, following …
Sri Lanka establishes resident mission in Ethiopia
Nov 28, 2016 (LBO) - Sri Lanka has established a resident mission in Addis Ababa, Ethiopia to broaden ties with the nation located in the Horn of Africa. "With …
Pan Asia Bank CEO resigns and appointed NDB CEO
Nov 24, 2016 (LBO) – National Development Bank announced the appointment of P L D Neomal Seneviratne as the Chief Executive Officer/Director of the bank with …
Fitch says capitalisation in banking sector needs to be shored up
Nov 24, 2016 (LBO) – Sri Lanka’s Fitch Ratings said that capitalisation in the banking sector needs to be shored up and certain regulatory forbearances …
Sri Lanka to explore and assess gem deposits
Nov 24, 2016 (LBO) - Sri Lanka's cabinet has decided to implement a project to explore and assess gem deposits in Sri Lanka within 2017 and 2021, a statement …
Western Province interconnected roads to be upgraded
Nov 23, 2016 (LBO) – Sri Lanka’s cabinet has approved a proposal to improve 26 damaged interconnected roads in the Western Province. The project will cover …
Sri Lanka’s SEC to adopt new capital adequacy from March
Nov 23, 2016 (LBO) – Sri Lanka’s Securities and Exchange Commission on the recommendation of the CSE has directed the implementation of a new risk-based …