Hayleys Advantis invests Rs3.2bln in new distribution center
July 31, 2017 (LBO) - Hayleys Advantis said they will construct a Mega Distribution Center (DC) in Kotugoda with an 3.2 billion rupee investment for the first …
Com Bank introduces Sri Lanka’s first chip and PIN debit card
July 27, 2017 (LBO) - Sri Lanka's Commercial Bank of Ceylon has introduced Mastercard debit cards with chip and PIN technology for the first time to the …
SLIM Kicks Off Brand Excellence Awards 2017
(PRESS RELEASE) - The Sri Lanka Institute of Marketing (SLIM) announced the launch of the 16th SLIM Brand Excellence Awards at a joint briefing held for media …
Kia donates Rs.15Mln to build preschool in Sri Lanka
(Press Release) - Children of the Dikkowita area in Hendala have received a new purpose-built pre-school thanks to the generosity of a group of Korean students …
Privatization is not part of my mandate: New PPP chief
July 26, 2017 (LBO) – Sri Lanka will look at public-private partnerships (PPPs) in transport, utilities, ports, tourism, construction, housing, health care, …
Sri Lanka Parliament passes foreign exchange bill with amendments
July 26, 2017 (LBO) - Sri Lanka's Parliament on Tuesday passed the new foreign exchange law, a more rule-based regulatory system with a vote that was 94 in …
Arguing against globalization is like disagreeing with the law of gravity
July 25, 2017 (LBO) - Muhammad bin Ibrahim, governor Bank Negara Malaysia, referring a famous quote by Kofi Annan in his opening remarks at IMF joint …
Sri Lanka’s economy to bounce back in 2017 and accelerate in 2018: IMF
July 24, 2017 (LBO) - The International Monetary Fund (IMF) forecasts Sri Lankan economy to rebound in 2017 and accelerate in 2018, despite the lower than …
Virtusa Chairman and CEO Honored at SLT Zero One Awards
(PRESS RELEASE) - Virtusa Corporation (NASDAQ GS: VRTU), a global business consulting and IT outsourcing company that accelerates business outcomes for …
Nations Trust Bank American Express rewards Card member
(PRESS RELEASE) - Nations Trust Bank American Express Cardmembers were given the opportunity to win an all-expense paid journey around the country with its …
Sri Lanka Customs launches online payment platform for Customs Declarations
(PRESS RELEASE) - Established more than 200 years ago in 1809, Sri Lanka Customs is one of the oldest Customs administrations in the world. In their quest to …
Sri Lanka income tax bill to parliament by August
July 21, 2017 (LBO) - Sri Lanka's Finance Minister Mangala Samaraweera said he is expecting to present the new income tax act to parliament in August and and …
Foreign speakers to bring international perspective to Sri Lanka Eco Summit
July 20, 2017 (LBO) - Sri Lanka Economic Summit 2017 which will focus on how the local economy can be transformed from potential to realization has lined up …
No coal in Sri Lanka’s PUCSL approved long-term power generation plan
July 20, 2017 (LBO) - Sri Lanka's Public Utilities Commission has approved an alternate Least Cost Long Term Generation Expansion Plan (LCLTGEP) 2018- 2037 of …
Emirates to operate one-off A380 flight to Colombo
(PRESS RELEASE) - Emirates’ iconic A380 aircraft will make a one-off landing at the Bandaranaike International Airport (BIA), Katunayake, on Monday 14th …
CA Sri Lanka accepting applications from corporates for 53rd Annual Report Awards competitions
(PRESS RELEASE) - The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) is now accepting applications for the coveted 53rd Annual Report Awards …
UN Under-Secretary-General for Political Affairs meets Sri Lanka’s Foreign Minister
(PRESS RELEASE) - From 19-21 July, Jeffrey Feltman, Under Secretary-General for Political Affairs, will travel to Sri Lanka to follow-up on his 2015 visit, to …
World Bank doubles assistance to Sri Lanka over next three years
July 13, 2017 (LBO) - Sri Lanka will receive US1,340 million dollars in financial and technical assistance through a transitional support facility of the …
Sri Lanka to manage use of polythene, polystyrene
July 13, 2017 (LBO) - Sri Lanka's government has decided to manage the use of polythene with the intention of minimizing its environmental impact from …
Sri Lanka to go ahead with LNG plants from India, Japan
July 12, 2017 (LBO) – Sri Lanka’s cabinet has approved a proposal to issue letters of intent to build two LNG power plants in the island. online pharmacy …