Sri Lanka tea sees better demand for low growns
Mar 24, 2016 (LBO) - Sri Lanka's tea prices in overall auction offerings were marginally lower with better demand for low grown and mid to high grown prices …
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Sri Lanka gets direct cargo link between Colombo and Yangon
Mar 24, 2016 (LBO) - Sri Lanka's Continental Shipping Lines' "Pathien Star" made it's inaugural call at the Jaya Container Terminal in Colombo yesterday. The …
Sri Lanka Exporters hail Commonwealth over assistance for proposed EXIM Bank
Mar 24, 2016 (LBO) - Sri Lanka's Exporters Association (EASL) has welcomes the recent announcement that the Commonwealth Secretariat has offered technical …
Sri Lanka to buy 3 private power plants: Power Minister
Mar 23, 2016 (LBO) – Sri Lanka’s Power Ministry has decided to buy three private power stations as an additional measure to avoid future power cuts. online …
IFC, Canada to invest USD15 mn in Richard Pieris for green retail growth
Mar 23, 2016 (LBO) — IFC, a member of the World Bank Group, together with the IFC-Canada Climate Change Program will invest 15 million dollars in Sri Lankan …
CA Sri Lanka launches new Integrated Reporting Council
In a fresh initiative aimed at further enhancing the best practices of financial reporting amongst corporates in the country, the Institute of Chartered …
Lionel Messi Joins the Huawei Family of Global Brand Ambassadors
Huawei, global leading company in ICT and telecommunication solutions, today announces Lionel Messi’s appointment as the latest Global Brand Ambassador to …
Sri Lanka’s power regulator eyes electricity tariff revision
Mar 21, 2016 (LBO) – Sri Lanka’s power regulator is looking at tariff revision as one option to meet the revenue requirement of the Ceylon Electricity …
Sri Lanka reports another fire at CEB substation
Mar 18, 2016 (LBO) - A fire has broken out at the Ceylon Electricity Board grid substation in Kotugoda, in the island's Western Province a short while ago, …
PUCSL seeks explanation from Sri Lanka’s power utility for recent cuts
Mar 18, 2016 (LBO) - Sri Lanka’s Public Utitilies Commission (PUCSL) has called on the Ceylon Electricity Board (CEB) to give valid reasons for recent …
Investment Summit: Course adjustment on Bank consolidation, says CB Governor
Singapore, Mar 18, 2016 (LBO) - The path towards Sri Lanka's bank conslidation is being reviewed, and a course correction is taking place, Central Bank …
LAUGFS Lubricants expands to serve the Northern Province
LAUGFS Lubricants (Pvt) Ltd, the first Sri Lankan company to enter the local lubricant industry back in 2008, has further expanded its product portfolio to the …
Govt to renovate 30-year old generators at Victoria Power Station
Mar 17, 2016 (LBO) – The cabinet nod has been given to renovate the generators at the Victoria Power Station to obtain their maximum efficiency. online …
71 Commercial Bank branches to be kept open on Good Friday
For the second time this month, the Commercial Bank of Ceylonwill keep71 branches open for business on a Public and Bank holiday, this time on 25th March, …
Commonwealth Secretariat to help Sri Lanka set up Exim Bank
Mar 17, 2016 (LBO) – Sri Lanka's exporters will soon see the setting of an Exim Bank for their credit purposes with the help of Commonwealth Secretariat, a …
Power Ministry will present short-term solution for power issue to President on 22nd
Mar 16, 2016 (LBO) – Sri Lanka’s President will be presented with a committee report containing the short term solution for the recent island-wide power …
Sri Lankan bank teller stops international hackers
Singapore, Mar 16, 2016 (LBO) - A Sri Lankan bank teller has stopped international hackers from laundering 20 million dollars stolen from the New York Federal …
Sri Lanka’s GSP+ process on the right track: EU Commissioner
Mar 16, 2016 (LBO) – The European Union has noted progress made by Sri Lanka on GSP+ criteria and supports renewed application, a senior EU official said. …
SriLankan apprehends 230 persons with false travel documents in 2015
Mar 16, 2016 (LBO) – SriLankan Airlines has apprehended 230 persons with false travel documents last year in a bid to crack down on illicit travel through …
Aitken Spence Hotel Holdings invests Rs1.67bn in Ahungalla Resorts
Mar 15, 2016 (LBO) – Sri Lanka’s Aitken Spence Hotel Holdings has invested 1. online pharmacy buy diflucan with best prices today in the USA buy advair …