New Coin
Dec 23,2014 (LBO) - The Central Bank of Sri Lanka (CBSL) issues a commemorative silver coin of 500 rupees to mark the 150th birth anniversary of Srimath …
Industry
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SriLankan Airlines takes delivery of its second A330-300
Dec 19, 2014 (LBO) – Sri Lanka’s national carrier SriLankan Airlines, took delivery of its second Airbus 330-300, on today, continuing its wide …
Sri Lanka’s HNB to establish $ 50 mn credit line with Korean Exim Bank
Dec 17,2014 (LBO) – Sri Lanka’s Hatton National Bank (HNB), a private lender entered into an agreement with The Export-Import Bank of Korea’ …
Sri Lanka external trade crunched in October 2014: Trade deficit widen significantly: Central bank
Dec 13, 2014 (LBO) – Sri Lanka's exports declined by 13.7 percent, to 899 million US dollars in October 2014 from a year earlier with largest …
Sri Lanka Jan-Oct exports up by 8.7 pct to $9bn
Dec 10, 2014 -Sri Lanka’s provisional merchandise (only) exports surged by 8.79 percent to 9.104 billion dollars in the months of January to October …
Sri Lanka tourist arrivals up 9.4 -pct in November 2014
Dec 04, 2014 (LBO) - Sri Lanka's tourist arrivals rose 9.4 percent to 119,727 in November 2014 from a year earlier, driven by China and India, data from the …
Digital Advertising
Dec 04, 2014 (LBO) – Sri Lankan companies should adopt the digital change in advertising to drive growth due to increasing number of mobile and internet …
Award
Dec 01, 2014 (LBO) - Sri Lanka National Development Bank (NDB) was recognised with the ˜Banker Financial Inclusion Award 2014’ of the Banker Magazine UK …
Vietnam wants FTA with Sri Lanka
Dec 01, 2014 (LBO) – Sri Lanka had been asked to promote trade with Vietnam through Free Trade Agreements as there was a vast unrealised trade potential …
Ratings
Nov 26, 2014 (LBO) – Sri Lanka’s Fitch Ratings has assigned Sampath Bank proposed subordinated debentures of up to seven billion rupees a final …
Innovative Banking
Nov 26, 2014 (LBO) – Sri Lanka’s banking sector needs new products and services to be competitive in the sector and to drive growth, Central Bank …
Debt Issue
Nov 26, 2014 (LBO) – Sri Lanka’s Fitch Ratings has assigned Siyapatha Finance proposed subordinated redeemable debentures of up to one billion …
Sri Lanka signs a MOU with China
Nov 25, 2014 (LBO) – Sri Lanka export developmwnt board signs a memorandam of understanding (MOU) with China Council for the Promotion of International …
SriLankan Airlines to start operations to Kunming, China
Nov 21, 2014 (LBO) -SriLankan Airlines, the national carrier of Sri Lanka and a member of the oneworld alliance, to starts operation to Kunmin, China to meet …
International designer brand Tommy Hilfiger to launch in Sri Lanka
Nov 18, 2014 (LBO) - International designer brand Tommy Hilfiger will open its first store in Sri Lanka next month marking the first international designer …
Sri Lanka tourist arrivals up 13.6 -pct in October 2014
Nov 07, 2014 (LBO) - Sri Lanka's tourist arrivals rose 13.6 percent to 121,576 in October 2014 from a year earlier, driven by India, UK and China data from the …
Sri Lanka Browns Hotels & Resorts ties up with Starwood Hotels & Resorts
Nov 05, 2014 (LBO)-Sri Lanka’s Browns Hotel and Resorts private limited, a fully owned subsidiary of Browns Investments Plc recently signed a definitive …
Profit Gain
Oct 04, 2014 (LBO) –Sri Lanka Seylan Bank, a private bank recorded a Profit before Tax of 3,490 million for the nine months ended 30th September 2014, …
SriLankan Airlines gets a new version of Airbus A330
Oct 31, 2014 (LBO) – SriLankan Airlines, the national carrier has taken delivery of Airbus A330 -300 aircraft as it continues to expand its global route …
Haldummulla Disaster
Oct 29, 2014 (LBO) – A Landslide destroyed a plantation in Haldummulla, Central Sri Lanka on Wednesday (29) morning and have killed at least 100 people …