Infrastructure: Megapolis needs to overcome several challenges, says Champika
Oct 19 2015, (LBO) – The Minister for Megapolis Champika Ranawaka says that if the Megapolis mega development project is to be successful then it must …
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Q&A: CHEC speaks to LBO on Port City project
Oct 16, 2015 (LBO) – Sri Lanka’s much talked port city project is still under water as the new administration has questioned project approvals. The …
Interview: New plans to be unveiled in Megapolis infrastructure
Oct 16, 2015 (LBO) – Sri Lanka's new minister for the Megapolis, Champika Ranawaka, has big plans in mind for the region that spans the Western Province. A …
Sri Lanka’s Kingsbury to manage apartment complex
Oct 16, 2015 (LBO) – The Kingsbury plc , a five-star city hotel in Colombo, has signed a management agreement with Platinum real investment limited to manage …
Ceylon Chamber introduces 10 principles to guide its future
Oct 15, 2015 (LBO) – Sri Lanka’s Chamber of Commerce has introduced 10 principles to guide its approach in influencing the trajectory of the private sector …
Sri Lanka to seize 8 foreign accounts in Dubai: Cabinet Spokesman
Oct 15, 2015 (LBO) –Sri Lanka has found eight bank accounts in a Dubai bank belonging to powerful politically affiliated people and plans are underway to …
Sri Lanka’s new fuel pricing formula with Finance Ministry: Min. Champika
Oct 15, 2015 (LBO) – Sri Lanka's Minister of Megapolis and Western Province Development and former Minister of Power and Energy says that a cabinet approved …
Treasury grants advance of Rs4.5bn to pay Golden key depositors
Oct 15, 2015 (LBO) – Sri Lanka’s cabinet has approved a proposal to release an advance of 3. buy oseltamivir online …
Sri Lanka, Indonesia trade increased 32-pct in 2014
Oct 14, 2015 (LBO) – Trade between Sri Lanka and Indonesia increased by 32 percent in 2014 and there is vast economic and trade potential that can be …
Demand for oil expected to slow in 2016: IEA
Oct 14, 2015 (LBO) - Global demand growth for oil is expected to slow from its five-year high in 2015 next year closer towards its long term trend, the …
Bimputh Finance gets ‘BB lka’ rating: Fitch
Oct 14, 2015 (LBO) - Fitch Ratings Lanka has assigned Sri Lanka's Bimputh Finance plc with a national long-term rating of 'BB(lka)' and a stable outlook. …
Capital Alliance Finance to raise Rs116mn through rights issue
Oct 13, 2015 (LBO) – Sri Lanka’s finance firm, Capital Alliance Finance is to raise 116 million rupees by way of a rights issue, the company said in a …
Sri Lanka to set up national level Trade Union Advisory Committee
Oct 13, 2015 (LBO) – Sri Lanka’s President Maithripala Sirisena has given his consent to appoint a national level Trade Union Advisory Committee under his …
Sri Lanka’s real estate a new segment of export economy: developer
Oct 12, 2015 (LBO) – Sri Lanka’s ongoing real estate developments can be used to attract investors to the island as a new segment of our export economy, a …
Sri Lanka’s Laugfs acquires 69 pct of Bangladesh LPG plant, eyes Asian markets
Oct 12, 2015 (LBO) – Sri Lanka’s Laugfs Gas plc acquired 1. online pharmacy buy cymbalta with best prices today in the USA online pharmacy buy spiriva …
Sri Lanka – Poland trade balance in favor of SL: forum chief
Oct 12, 2015 (LBO) – High export volumes have contributed to the balance of trade between the two countries in favor of Sri Lanka, chairman of Sri Lanka …
Sri Lanka vehicle registrations hit another high in Sept: JBS
Oct 11, 2015 (LBO) - Vehicle registrations hit another all-time record on most categories barring 2-wheelers in September. In some categories the growth over …
Sampath Bank’s subordinated debt gets ‘A lka’ rating: Fitch
Oct 10, 2015 (LBO) - Sri Lanka's Sampath Bank's subordinated debentures has been assigned a National Long-Term Rating of 'A(lka)(EXP)', Fitch ratings said in …
Janashakthi to buy general insurance unit of AIA for Rs3.2bn
Oct 09 2015, (LBO) - Sri Lanka's Janashakthi Insurance said on Friday it was purchasing a 100 percent stake of AIA General Insurance Lanka, a fully owned …
LBR LBO infrastructure summit announced to media
Oct 08, 2015 (LBO) – There is an urgent need to move forward with intelligent urban design and development if Sri Lanka aspires to make Colombo a regional …