Finance Ministry says merchants will pay lower VAT despite hike
Sep 26, 2016 (LBO) - Sri Lanka's Finance Ministry says retail and wholesale merchants will have to pay a lower VAT payment than expected despite the rate hike …
Trade
Sri Lanka eyes FTA and increased funding from South Korea
Sept 26, 2016 (LBO) – Sri Lanka is interested in entering into a Free Trade Agreement with South Korea in the future, a senior minister revealed. online …
Summit: Office space in Colombo to quadruple with Port City
Sept 21, 2016 (LBO) – Sri Lanka’s capital Colombo office space will quadruple after the completion of the ongoing Port City development project, a Port …
London Stock Exchange fills 100 tech jobs in Sri Lanka
Sept 19, 2016 (LBO) – London Stock Exchange Group said its Business Services division (LSEG BSL) in Sri Lanka has completed the first stage of its set-up …
Sri Lanka vehicle registrations rebound from July lows: JB
Sept 19, 2016 (LBO) - Sri Lanka vehicle registrations saw a rebound in August from the July lows in the categories of small cars, three-wheelers, two-wheelers …
Sri Lankan exporters showcase at 13th China Asean Expo
Sep 13, 2016 (LBO) - Twenty five Sri Lankan exporters have represented the island at the 13 CAEXPO (China-ASEAN Expo) in Guangxi, China, as a special guest …
Sri Lanka to remove barriers for entrepot trade: Finance Minister
Sept 05, 2016 (LBO) – Sri Lanka’s Finance Minister says the government expects more foreign investment that would promote export oriented business …
Visa opens up branch in Sri Lanka to boost electronic payments
Aug 25, 2016 (LBO) – A global leader in payments technology, Visa today announced the opening of a local office in Colombo and the appointment of Anthony …
Ceylon Chamber launches TIPS for trade policies
Aug 22, 2016 (LBO) - The Ceylon Chamber of Commerce said it has launched "Trade Intelligence for the Private Sector" (TIPS), a platform to raise awareness on …
Ceylon Chamber calls for private sector input on FTAs
Aug 18, 2016 (LBO) - With the Sri Lankan government working towards a series of Free Trade Agreements (FTAs), the Ceylon Chamber of Commerce has called for …
Sri Lanka vehicle registrations fall further in July: JB Securities
Aug 16, 2016 (LBO) - Sri Lanka vehicle registrations in July fell in almost every category compared with June, JB Securities said in a research note. Buses and …
China to set up canned fish, gem and jewelry firms in Hambantota
Aug 16, 2016 (LBO) - Chinese firms have shown keen interest in setting up tinned fish, and gem and jewellery enterprises in a proposed special industrial zone …
LSE business division to open HQ in Sri Lanka soon
Aug 15, 2016 (LBO) – London Stock Exchange Group’s Business Services division (LSEG BSL) will soon open its new headquarters in the historic Expert City …
Norwegian research vessel to assess Sri Lankan marine stocks in 2017
Aug 15, 2016 (LBO) – Norwegian funded research vessel is to visit Sri Lankan waters next year to carry out a marine stock assessment, Norwegian Prime …
Sri Lanka Tanzania Investment Chamber launched in Dar es Salaam
Aug 11, 2016 (LBO) - Sri Lanka and Tanzania look set to expand business and investment promotion between the two countries with the launch of the Sri Lanka …
Sri Lanka’s Financial City to build client deposit base 10-pct of GDP
Aug 10, 2016 (LBO) – Sri Lanka’s proposed Financial City aims to attract a client deposit base worth 10 percent of the island’s GDP within a period of 5 …
Mackwoods says Agalawatte share sale had shareholder approval
Aug 09, 2016 (LBO) – Sri Lanka’s Mackwoods Plantations (Private) Limited says the recent share sale of Agalawatte Plantations had been unanimously approved …
Sri Lanka to look at new exports in boat building, pharmaceuticals, IT/BPO: EDB
Aug 04, 2016 (LBO) - Sri Lanka is seeking to expand its export basket as it is essential that the island looks at export diversification and finds new markets, …
Sri Lanka’s Port City developer withdraws compensation claims
Aug 02, 2016 (LBO) – Sri Lanka’s port city developer CHEC Port City Colombo, who is handling the project for the Chinese investor, China Communications …
We need to position our country: Harsha de Silva
Aug 02, 2016 (LBO) – Sri Lanka’s deputy minister of foreign affairs says that as a nation we need to ease rules and attract investment and build confidence …