Prime Minister and delegation in China to enhance bilateral relations
April 07, 2016 (LBO) - Sri Lankan Prime Minister Ranil Wickremesinghe left for an official visit to China on Wednesday, the Foreign Ministry said. This is …
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Shareholders approve Eden Hotel Lanka rights issue
Apr 06, 2016 (LBO) – Shareholders of Eden Hotel Lanka today approved a resolution on a rights issue of the company which aimed at repaying part of …
Location, access to markets key for investors in Sri Lanka: CCC Survey
Apr 06, 2016 (LBO) - Sri Lanka is a unique business destination for foreign investors because of its strategic location and access to both east and west sea …
WhatsApp activates encryption, support for old mobiles to end
Apr 06, 2016 (LBO) – Cross-platform messaging client WhatsApp who turned seven years old this week has enabled end-to-end encryption for users of its latest …
Sri Lanka govt approves compensation for Rathupaswala victims
Apr 06, 2016 (LBO) - President Maithripala Sirisena has given his approval to provide 4.68 million rupees as compensation for 33 victims of Rathupaswala …
Sri Lanka launch Green Energy Champion Campaign
The German Ministry of Foreign Affairs together with The Ministry of Power and Renewable Energy of Sri Lanka, and the project implementing partner Deutsche …
MTD Walkers says no partnership with Kolkata flyover builder
Apr 05, 2016 (LBO) - MTD Walkers PLC says says it is neither a JV partner nor the local partner of IVRCL of India, to clear up confusion in a recent media …
Sri Lankan biz delegation to visit Pakistan
Apr 05, 2016 (LBO) - A nine member Sri Lankan business delegation will visit Pakistan from 06th to 09th of this month to explore trade and investment …
Sri Lanka tourist arrivals up 23-pct in March
Apr 05, 2016 (LBO) - Sri Lanka's tourist arrivals rose 22.8 percent to 192,841 in March from a year earlier driven by arrivals from India and China, the …
Colombo’s CICT port extends services for new shipping lines
Apr 04, 2016 (LBO) – Sri Lanka’s International Container Terminals (CICT) has expanded its services for new shipping lines, the Ports Authority said. buy …
Indonesia grants visa-free facility to Sri Lanka, other countries
Apr 04, 2016 (LBO) – Indonesia has granted visa-free facility to 169 countries including Sri Lanka under a new visa regulation. buy clomiphene online …
11 super luxury vessels called at Colombo Port last month
Apr 04, 2016 (LBO) – The number of passenger vessels calling at the Port of Colombo has increased with 11 super luxury passenger vessels calling at the …
Ekroma realtors unveils boutique apartments in Sri Lanka’s capital
Apr 04, 2016 (LBO) – Sri Lanka’s Ekroma Realtors, a privately owned real estate developer, unveiled plans for an apartment complex targeting young …
Sri Lanka to formulate 25 year electricity sector master plan with JICA
Apr 04, 2016 (LBO) – Sri Lanka is planning to develop a comprehensive electricity sector master plan of 25 years for the generation, transmission and …
Virtusa rolls out ‘Future Architects’ Program
Apr 04, 2016 (LBO) - Virtusa Corporation, a global business consulting and IT outsourcing company, announced the ‘Future Architects’ program with the aim …
Fitch warns rising exposure to microfinance by non-bank financial institutions
Apr 01, 2016 (LBO) – Rising exposure to microfinance at Sri Lankan non-bank financial institutions (NBFIs) could pose a risk to their credit profiles, says …
Sri Lanka’s SAGT bags 4th place in world terminal productivity rankings
Mar 31, 2016 (LBO) – Sri Lanka’s first private container terminal operator South Asia Gateway Terminals has been ranked as the 4th in the world for …
Chatbots and artificial intelligence is our future, says Microsoft CEO
March 31, 2016 (LBO) - The worlds future will be chatbots, machine learning and artificial intelligence, Microsoft Chief Executive, Satya Nadella said …
Microimage takes HR into a Digital Era at HCM 2016
Mar 31, 2016 (LBO) - “Disrupt or be disrupted” was the key message delivered by Harsha Purasinghe at a Microimage HCM event, held on Wednesday. He urged …
Foxconn buys controlling stake in Sharp Corporation
Mar 31, 2016 (LBO) – Foxconn Technology Group, a Taiwanese multinational electronics manufacturing company, yesterday acquired a controlling stake in …