Sri Lanka’s CSE to see infrastructure bonds and REITs soon
Dec 04, 2015 (LBO) – Sri Lanka’s Colombo Stock Exchange (CSE) chief said that new products in the form of infrastructure bonds and REIT’s will be …
Industry
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Rs2.5bn Mulberry residence for young professionals
Dec 04, 2015 (LBO) – Sri Lanka Steradian Capital, a privately owned real estate development and consultancy business, unveiled plans for an apartment complex …
Sri Lanka tourist arrivals up 20.4 pct in November 2015
Dec 04, 2015 (LBO) – Sri Lanka’s tourist arrivals rose 20.4 percent to 144,147 in the month of November 2015 from a year earlier, driven by China, India, …
Sri Lanka customs invites rights holders to fight counterfeits
Dec 04, 2015 (LBO) – Sri Lanka customs invited right holders of products to come forward to help authorities to stop importing counterfeit goods to Sri …
SriLankan cancels more flights between Colombo and Chennai
Dec 03, 2015 (LBO) – SriLankan Airlines has cancelled fourteen more flights between Colombo and Chennai following the extension of the Chennai International …
Dialog Axiata says no agreement to buy Airtel
Dec 03, 2015 (LBO) – Sri Lanka’s fixed and mobile telco operator Dialog Axiata said on Thursday that it has not entered into an agreement with any party to …
Sri Lanka eyes international events to attract tourists: Tourism Chairman
Dec 03, 2015 (LBO) – Sri Lanka Tourism is currently looking at international level entertainment and sports events to attract more tourists to the island …
Malaysia’s Malindo Air to commence low-cost flights to Colombo
Dec 02, 2015 (LBO) - Malaysian low-cost carrier Malindo Air plans to start services from Kuala Lumpur (Malaysia) to Colombo (Sri Lanka) and Ho Chi Minh City …
Sri Lanka aims for high end tourists under Megapolis plan
Dec 02, 2015 (LBO) – Sri Lanka will streamline its tourist industry and move towards attracting high end visitors through the Megapolis and Western Province …
Sri Lanka stocks close down 0.20-pct
Dec 01, 2015 (LBO) – Sri Lankan stocks closed down at 0.20 percent for the fifth straight day on Tuesday on sustained selling pressure triggered by weak …
Embark’s new Christmas concept – product range a call to ‘Love the Fashion, Feel the Passion’
This season, Embark, the unique fashion label with a cause, has promised ‘a shopping experience from the heart’ with a refreshingly sincere Christmas …
Oman Air celebrates six years of successful operations in Sri Lanka
The national airline of the Sultanate of Oman, Oman Air recently celebrated six years of successful operations in Sri Lanka. Over the years, Oman Air has …
Sri Lanka’s clothing industry looks to improve competitiveness: OBG
Dec 01, 2015 (LBO) - With an eye on the target of reaching 8.5bn dollars worth of clothing exports per annum by 2020, Sri Lanka’s apparel manufacturers are …
Railway unions calls President to stop importing locomotives from India
Nov 30, 2015 (LBO) – Sri Lanka’s Railway Trade Union Alliance has urged the President and Prime Minister to stop importing what they called substandard …
President arrives for historic climate change conference
Nov 30, 2015 (LBO) - Sri Lanka's President Maithripala Sirisena arrived in France on Sunday to attend a world leaders' conference on climate change, COP 21, a …
Sri Lanka’s Megapolis Master plan unveiling in Jan 2016
Nov 30, 2015 (LBO) – Sri Lanka’s government will unveil the ‘Master Plan’ it has developed to build Sri Lanka’s proposed ‘Western Region …
Sri Lanka enters into Commonwealth trade finance for small states
Nov 30, 2015 (LBO) - Sri Lanka together with India, Malta and Mauritius have signed a declaration of intent to create a Commonwealth trade finance facility to …
Mobitel considers strategic acquisition of local operator
Nov 28, 2015 (LBO) - Mobitel, a fully-owned unit of listed Sri Lanka Telecom, said it is considering a strategic acquisition of a local operator and denies …
Commercial Bank hosts capacity building programme for Eastern dairy farmers
A capacity building programme conducted by the Commercial Bank of Ceylon recently for dairy farmers of the Kokkadicholai area in the Eastern Province …
Sri Lanka can play an important role in world growth: British HC
Nov 26, 2015 (LBO) – Sri Lanka as an emerging economy can play a significant part in future world growth by unlocking it's full potential through the …