UN to look at innovative development, policy support in Sri Lanka
Oct 24, 2016 (LBO) – United Nations resident coordinator Una McCauley says the United Nations needs to move away from immediate humanitarian engagements into …
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JVP backed Youth Association lodges complain against Sajith Premadasa
JVP backed Socialist Youth Association today lodged a compliant against Housing and Construction Minister Sajith Premadasa at Bribery Commission over a …
Issues of fisherfolk affected by Colombo Financial City to be discussed
Oct 24, 2016 (LBO) - Sri Lanka's Ministry of Megapolis has appointed a committee to look into the grievances being voiced by the fishing community due to the …
We value UN work in Sri Lanka: Mangala at 71st UN Day
This year marks 71 years since the United Nations was established. buy amoxicillin online …
Hutch hosts Group Roaming Conference in Sri Lanka
(PRESS RELEASE) - Group Global Roaming Conference where representatives from Hutchison mobile companies in United Kingdom, Europe and Asia were present to …
Fitch assigns Abans’s proposed debenture BBB+(lka)(EXP)
Fitch Ratings has assigned Abans PLC's (Abans; BBB+(lka)/Stable) proposed senior unsecured debenture issue of up to LKR1.5bn a National Long-Term Rating of …
Sri Lanka to issue gazette reducing essential drug prices today
Oct 21, 2016 (LBO) – The special gazette notification announcing the price reduction of 48 essential medical drugs will be issued midnight today, Health …
Fitch rates Singer’s proposed debenture issue A-(lka)(EXP)
Fitch Ratings has assigned Singer (Sri Lanka) PLC's (Singer;A-(lka)/Stable) proposed senior unsecured debenture issue of up to LKR4bn a National Long-Term …
Opinion: Is electricity from Norachcholai coal power plant cheap?
By Vidhura Ralapanawe CEB (and the CEBEU) has been touting a cost of 5-6 Rupees for Norachcholai, saying that it is cheap. PUCSL approves the CEB's bulk supply …
Fitch Rates Nations Trust Bank’s Subordinated Debt Final ‘A- (lka)’
(PRESS RELEASE) - Fitch Ratings-Colombo-19 October 2016: Fitch Ratings has assigned Nations Trust Bank PLC's (NTB: A(lka)/Stable) issue of subordinated …
Commercial Bank honoured in USA& Hong Kong
(PRESS RELEASE) - As the financial year draws to a close, the Commercial Bank of Ceylon has been presented with two more significant global awards in …
Sri Lanka wants to become self sufficient in sugar: Ravi
Oct 20, 2016 (LBO) - Sri Lanka will deploy new initiatives to become self-sufficient in sugar manufacture, Finance Minister Ravi Karunanayake said in a …
Sri Lanka to develop IT platform for tea with Rs220mn
Oct 19, 2016 (LBO) – Sri Lanka is to introduce an industry-wide and real-time IT solution to integrate functions associated with tea in order to improve …
Fitch rates DFCC Bank subordinate debentures final A+(lka)
Fitch Ratings has assigned DFCC Bank PLC's (DFCC; AA-(lka)/Negative) Basel II-compliant subordinated debentures of up to LKR7bn a final National Long-Term …
RIU Investor roadshow London 2016 holds session at the High Commission
(PRESS RELEASE) - The RIU (Research Intelligence Unit) Investor Forum, geared towards facilitating cross border investment between Sri Lanka and the United …
Sri Lanka’s Fitch rates Seylan Bank senior debt A-(lka)(EXP)
Fitch Ratings has assigned Seylan Bank PLC's (A-(lka)/Stable) proposed senior debenture issue of up to LKR8bn a National Long-Term Rating of 'A-(lka)(EXP)'. …
Minister Daya Gamage pays last respect to Thai King
Condoling the demise of the King of Thailand His Majesty Bhumibol Adulyadej , Minister Daya Gamage paid last respect to the King at the Official Residence of …
Kuwaiti envoy held talks with Ceylon Chamber on trade & investments
Kuwaiti Ambassador in Sri Lanka, His Excellency Khalaf Bu Dhhair says his country is willing to help Sri Lanka’s development plans with required investments. …
Turkey extends assistance to Sri Lankan fishermen and farmers
The Republic of Turkey uplifted the livelihoods of more than 200 fishing and farming families in Trincomalee District by donating 80 fishing boats, 400 fishing …
Saaraketha wins gold at NCE Export Awards 2016
Sri Lanka’s biggest retailer and exporter of fresh, certified organic food, Saaraketha Holdings was recently awarded “gold” under the “Other …