CPA comments on Supreme Court decision of Presidents office term
(PRESS RELEASE) - The Centre for Policy Alternatives (CPA) made representations today on behalf of itself and its Executive Director, Dr. Paikiasothy …
CEAT Kelani to invest Rs3Bn in local tyre industry , Eyes US market
Jan 11, 2018 (LBO) - Sri Lankan tyre manufacturer, CEAT Kelani said they will invest 3 billion rupees in the local industry over next two years. Unveiling …
Sri Lanka Govt issues new guideline for visa
Jan 11, 2018 (LBO) - The cabinet of ministers has given the go ahead to regularize and update the present method of visa issuing in Sri Lanka. According to …
Sri Lanka lifts ban on sale of liquor to women
Jan 11, 2018 (LBO) - Sri Lanka’s Finace Ministry announced that the government will lift the ban on sale of liquor to women in retails outlets and …
Virtusa’s Smart ATM Recognized at The International Business Awards
(PRESS RELEASE) - Virtusa Corporation (NASDAQ GS: VRTU), a global business consulting and IT outsourcing company that accelerates business outcomes for its …
Piliyandala – from 15th century transit point to Colombo’s main transport hub
By Lanka Property Web Piliyandala, a popular suburb is located 18 KM south from Colombo. It ranks among the top suburbs in the western province due to …
SLAITO and THASL hail the upcoming promotion plan of Sri Lanka Tourism
(PRESS RELEASE) - In a joint communique, The Sri Lanka Association of Inbound Tour Operators (SLAITO) and The Hotel Association of Sri Lanka (THASL) …
Special parliament sitting to discuss bond scam on 10th Jan
Jan 09, 2018 (LBO) - Sri Lanka's Parliament has been convened for a special sitting on Wednesday morning to discuss the Bond report following the request of …
Sri Lankan Banks to Step up Basel III Tier 2 Issuance: Fitch
Jan 08, 2018 (LBO) - Sri Lankan banks are likely to significantly boost issuance of Basel III-compliant Tier 2 instruments in 2018, says Fitch Ratings. Most …
Rajagiriya flyover to open today, speed of vehicles to increase eight-fold
Jan 08, 2017 (LBO) - President Maithripala Sirisena will declare open the Rajagiriya flyover on January 08, providing long term solutions for the heavy …
Sri Lanka’s Pvt sector has 5Mn employees and 500,000 vacancies: report
Jan 08, 2018 (LBO) - Around five million people were engaged in employment Sri Lanka's private sector currently while around 500,000 vacancies are there in …
Opinion : A stakeholder strategy for non-traditional organisations
By ThilanSenaratne Who is a stakeholder? A stakeholder is defined as ‘any group or individual who is affected by or can affect the achievement of an …
US GSP withdrawal not country-specific, Impact on total exports small: AmCham
Jan 05, 2018 (LBO) - The American Chamber of Commerce says the decision to withdraw the GSP form Sri Lankais not being country-specific and is one stemming …
Jetwing Symphony opens trading at CSE today
Jan 05, 2018 (LBO) - Jetwing Symphony Ltd, will open trading at the Colombo Stock Exchange from today following its successful Initial Public Offering last …
Sri Lanka’s Sampath Bank introduces slip-less transactions
Jan 04, 2017 (LBO) - Sampath Bank has launched slip-less transactions to provide their customers greater convenience through a mobile app that is available on …
World Finance declares COMBANK best in Sri Lanka for Digital & Mobile Banking
(PRESS RELEASE) Presents awards for‘Best Digital Bank’ and ‘Best Mobile Banking Application’ in Sri Lanka in 2017 The Commercial Bank of Ceylon PLC …
Sri Lanka to raise USD5Bn from Sovereign and Development Bonds in 2018
Jan 04, 2018 (LBO) - Sri Lanka's cabinet of ministers have given approval to raise up to US 2 billion dollars through foreign commercial borrowings and a …
Final report of PRECIFAC handed over to President
Jan 03, 2018 (LBO) - The final report compiled by the Presidential Commission of Inquiry to Investigate and Inquire into serious acts of fraud, corruption and …
Port City legislation to Parliament by March, Work on three towers to commence
Jan 03, 2018 (LBO) – Sri Lanka’s Port City legislation would be brought before Parliament by March while construction on the first permanent buildings are …
Sri Lanka Cargills bank appoints Theagarajah as new MD, CEO
Jan 02, 2018 (LBO) - The Cargills Bank has appointed Rajendra Theagarajah as its Managing Director and Chief Executive Officer effective from January 1. buy …