Sri Lanka’s exports flat in May while imports up: Central Bank
July 22, 2015 (LBO) –Sri Lanka’s exports earnings recorded a marginal decline of 0.1 per cent, year-on-year, to 883 million US dollars in May 2015, led by …
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Sri Lanka stocks close up 0.8-pct
July 22, 2015 (LBO) – Sri Lanka’s stocks closed up 0.76 percent on Wednesday with index heavy stocks showing gains, brokers said. The Colombo benchmark All …
EU team due in October to assess requirements for lifting fishing ban: USD 75mn loss so far
July 22, 2015 (LBO) – A delegation from the European Union is due to arrive in Sri Lanka in October to assess the progress made by the Sri Lankan government …
Sri Lanka’s 2.5mn tourist arrivals target by 2016 not likely: Report
July 22, 2015 (LBO) – Sri Lanka will not be able to lure 2. online pharmacy buy clomid online no prescription 5 million tourists by 2016 as claimed by the …
Disruptive Innovation, A challenging wave for organizations and leaders
July 21, 2015 (LBO) – Innovation can disrupt an organization, creating a new set of challenges to the leadership which some traditional companies are not …
Sri Lanka lacks effective grading system for tourist accomodation
July 21, 2015 (LBO) – Sri Lanka’s tourism industry needs a standardized grading system for tourist accomodation, which indicates the minimum requirements …
Sri Lanka to develop IT soft infrastructure and connect rural to digital world
July 20, 2015 (LBO) – Sri Lanka will connect all government departments though a digital platform and set 7500 Wi-Fi spots throughout the Island to educate …
Phone makers in talks to end use of sim cards
July 19, 2015 (LBO) – International phone makers Apple and Samsung are in advanced talks to produce phones with embedded SIMs that will make use of SIM cards …
Intel earnings rise but PC chip sales disappoint
July 18, 2015 (LBO) - Intel, the world's leading semiconductor company, reported higher than expected earnings this week even though sales of chips for PCs …
Sri Lanka’s Planters’ Association says 1000 rupees wage offer cost Rs18bn annually
July 17, 2015 (LBO) – Sri Lanka’s Planters’ Association of Ceylon said it will cost 18 billion per year for the industry to pay the 1000 rupees wage hike …
Sri Lanka to reduce fuel price if world oil prices drop: Ravi K
July 17, 2015 (LBO) – Sri Lanka’s government will consider a further reduction in the fuel price if oil prices in the world drop, the Finance Minister …
Effective public service and service delivery, crucial for competitiveness of economy: Think Tank
July 17, 2015 (LBO) – An efficient service delivery in the public service is crucial not only to achieve a competitive economy but also to meet the needs of …
Sri Lanka gets Euro 53mn credit from Spain to construct flyovers
July 16, 2015 (LBO) – Sri Lanka’s government to construct four lane steel flyover in Rajagiriya- Colombo, and two lane flyovers in Ganemulla and …
Guaranteed price for green leaf extended till next month; Rs200mn for Tea Shakthi Fund
July 16, 2015 (LBO) – Sri Lankan government has decided to extend the guaranteed price of 80 rupees per kilogram of green leaf produced by tea smallholders …
Golden Key depositors to be paid July 24th: Ravi K
July 16, 2015 (LBO) – Sri Lanka’s Finance Minister, Ravi Karunanayake said that all the Golden Key depositors will be paid on 24th of July 2015. online …
Sri Lanka CEB to buy barge mounted power plant
July 16, 2015 (LBO) – Sri Lanka’s state-run Ceylon Electricity Board (CEB) has given approval to purchase a 60MegaWatt barge mounted power plant for 571 …
Sri Lanka gives nod to transport “Walla-Patta” on commercial basis
July 16, 2015 (LBO) – Sri Lanka’s cabinet of ministers have given approval to transport the plant “Gyrinopswalla” or “Walla –Patta” on commercial …
Commercial Bank Bangladesh rated AAA: CRISL
July 16, 2015 (LBO) - Sri Lanka’s Commercial Bank, Bangladesh accorded AAA long-term credit rating by Credit Rating Information and Services (CRISL), a …
Sri Lanka lacks high-end shopping malls to attract affluent travelers: Report
July 15, 2015 (LBO) - Sri Lanka still lacks malls that can give its high-end tourists the holistic retail experience, despite the growth in retail options in …
Sri Lanka’s online property portal ‘Lamudi’ launches its first real estate magazine
July 15, 2015 (LBO) – Sri Lanka’s online property portal ‘Lamudi’ has launched the first issue of its real estate magazine ‘Property Now’, the …