Sri Lanka President to make official statement on 2015 bond scam tomorrow
Jan 02, 2018 (LBO) - Sri Lanka's President Maithripala Sirisena will make a statement on recommendations regarding the final report of the Presidential …
France to provide Euro 13.9Mn loan to Sri Lanka for dairy projects
Jan 01, 2018 (LBO) - The French Republic agreed to extend its assistance to Sri Lanka, by providing a Euro 13.9 million (approximately 2,514 million rupees) …
Sri Lanka extends deadline for exchange of mutilated currency notes
Jan 01, 2018 (LBO) - Sri Lanka's Central Bank said it had decided to extend the time period for the exchange of currency notes at Licensed Commercial Banks …
CSE CEO at the London Global Convention on Governance and Sustainability
Dec 27, 2017 (LBO) - CEO of the Colombo Stock Exchange Rajeeva Bandaranaikerecently joined leaders from the global capital market and business fraternity at …
Sri Lanka Central Bank confirms credit of USD 292.1Mn from CM Port
Dec 26, 2017 (LBO) - Sri Lanka's Central Bank said that it had received the first payment from China Merchant Port Holdings (CMPort) for the management of the …
Fitch affirms 9 Sri Lankan banks: Revises DFCC outlook to Stable
Dec 22, 2017 (LBO) - Fitch Ratings has revised the Outlook on DFCC Bank Plc (DFCC) to Stable from Negative. It has also affirmed the Long-Term Issuer Default …
Sri Lanka November NCPI down to 8.4-pct
Dec 22, 2017 (LBO) - Sri Lanka's November national consumer price inflation in November was down to 8. buy tadalista online …
Sri Lanka President to open Colombo Christmas Street 2017
Dec 21, 2017 (LBO) - Colombo Christmas Street 2017 from 21-23 December at Green Path, will be inaugurated by President Maithripala Sirisena this evening. …
Sri Lanka to promote organic food production and open an export market for the products
Dec 21, 2017 (LBO) Sri Lanka's government has given the nod for the promotion of organic food production and opening of export market for such products, a …
Sri Lanka govt approves USD 1Bn financial city complex
Dec 21, 2017 (LBO) - The cabinet of ministers has given the go ahead to sign a Memorandum of Understanding (MOU) with CHEC Port City Colombo to develop the …
State owned Enterprises to get bonus: Fin Min
Dec 20, 2017 (LBO) – Sri Lanka's state-owned enterprise (SoE) employees will be given bonuses for 2017, the Finance Ministry said issuing a statement. …
Sri Lanka’s Sunshine Holdings appoints new member to Board of Directors
Dec 21, 2017 (LBO) -The Board of Directors of Sunshine Holdings PLCd appointed Sanjeev Shishoo, formerly the corporate Vice President of global healthcare …
Opinion: Envisioning the Future of Digital Banking
Seylan Bank’s CIO discusses the upcoming changes in embracing the digital era As digitalization grows at a very fast pace, technology is redefining the way …
Moody’s says Sri Lanka needs to further push fiscal reforms for better credit profile
Dec 19, 2017 (LBO) - Moody's, an Investors Service says high general government debt levels in Sri Lanka, rated B1 negative, very low debt affordability, and …
United Nation’s team on torture and arbitrary detention says there are delays in justice
Dec 18, 2017 (LBO) - A United Nations expert team on torture and arbitrary detention said that there are still unjustified delays in court cases which meant …
IndiGo to commence operations BIA from next month
Dec 18, 2017 (LBO) - The airline will commence operations to Colombo from Chennai and Bangalore, effective 20 January 2018. Issuing a statement the IndoGo …
Kandy tourism and property to benefit from new highway
By Lanka Property Web Kandy, located in the central province of Sri Lanka was the last kingdom of the Sri Lankan monarchy. The name Kandy is derived from the …
Sri Lanka GDP down to 3.3-pct in Q3
Dec 16, 2017 (LBO) - Sri Lanka's Gross Domestic Product growth rate for the third quarter of 2017 has been estimated as 3.3 percent, slower than 4.6 percent …
Dialog and Richard Peiris in S&P Sri Lanka 20 index replacing Hayleys and Melstacorp
Dec 15, 2017 (LBO) - The Colombo Stock Exchange (CSE) announced the following changes in S&P Sri Lanka 20 index constituents made by S&P Dow Jones …
ADB gives USD270Mn for road and water projects in Jaffna
Dec 15, 2017 (LBO) - The Asian Development Bank (ADB) will give US 270 million dollars in financial assistance from for the implementation of the integrated …