Sri Lanka’s new Inland Revenue Act will be investor friendly: Finance Minister
July 12, 2017 (LBO) - Sri Lanka's Finance Minister says the main objective of the new Inland Revenue Bill is to simplify the tax system in order to create an …
UNDP to help uplift local SMEs through National Trade Fair
July 11, 2017 (LBO) - The United Nations Development Programme (UNDP) Sri Lanka will organize Aadhayam 2017, a national trade fair, to help businesses …
Govt to provide rice at concessionary rate: President
July 11, 2017 (LBO) - Sri Lanka's President Maithripala Sirisena says the government will provide rice at a concessionary rate to the public by importing it …
School gardens promoted by FAO and Sri Lanka’s education ministry
July 10, 2017 (LBO) - Food and Agricultural Organization of the United Nations (FAO) with the Ministry of Education kicked off a project where schools …
Dialog launches Sri Lanka’s first TIER III Certified Data Centre and Media Hub
(Press Release) - Dialog Axiata Group announced last Friday, the commissioning of Sri Lanka’s first Tier III certified data Centre and media bub. Dialog, Sri …
Sri Lanka rice call enters phase II with four countries shortlisted
July 07, 2017 (LBO) - Sri Lanka has decided to take a closer look at four international rice suppliers to meet its market needs, the Ministry of Industry and …
Sri Lanka tourist arrivals continue to rise, up 4.5-pct in June
July 07, 2017 - Sri Lanka's tourist arrivals were up 4.5 percent to 123,351 in June 2017 from a year earlier, as arrivals continued to rise for the second …
Sri Lanka tea prices show significant gains in June
July 06, 2017 (LBO) - Sri Lanka tea prices at the June 2017 auctions showed gains in high, medium and low growns, a new report said. "Auction average for the …
Sri Lanka’s global Ceylon Tea Party kicks off
July 06, 2017 (LBO) - Sri Lanka and Ceylon Tea are hosting what is popularly known as “The Global Ceylon Tea Party” at Sri Lankan diplomatic missions in …
HNB Rights issue approved by shareholders at the EGM
(PRESS RELEASE) -The Extra Ordinary General Meeting(EGM) held by Hatton National Bank PLC with regard to the issuance of shares by way of a Rights Issue was …
Death sentence for killer of journalist Mel Gunasekera
July 05, 2017 (LBO) - Sri Lanka passed the death sentence against the accused in the murder case of journalist Mel Gunasekera at the Colombo High Court on …
Sri Lanka launches hotline for garbage collection in Colombo
July 05, 2017 - Sri Lanka's Provincial Councils and Local Government Ministry has launched a hotline for people to make complaints about garbage collection in …
No reason for qualified hoteliers to look for jobs overseas: Amaratunga
July 04, 2017 (LBO) - Sri Lanka's Minister of Tourism Development John Amaratunga says that there is no longer any reason for our qualified hoteliers to look …
Sri Lanka launches FDI road map, reforms key: Prime Minister
July 04, 2017 (LBO) - Sri Lanka's Prime Minister said that the island needs to fast track reforms as part of ambitious efforts to be ranked at least 70th in …
Sri Lanka Eco Summit to discuss ‘Walking the Talk’ for Greener Growth
July 03, 2017 (LBO) - The Importance of Sri Lankan businesses aligning its growth plans with greener practices to help develop a ‘sustainable era,’ will be …
Japan provides Rs358 mln grant for public sector scholarships
July 03, 2017 (LBO) - The Japanese Grant Aid for Human Resources Development Scholarship (JDS) Programme has offered grant assistance of 358 million rupees to …
Sri Lanka enters USD34mln financing for smallholder agribusiness
July 03, 2017 (LBO) - International Fund for Agricultural Development (IFAD) and the Government of Sri Lanka have signed a financial agreement for the …
Sri Lanka CCC appoints Rajendra Theagarajah as new chairman
June 30, 2017 (LBO) - The Ceylon Chamber of Commerce appointed Rajendra Theagarajah as its new Chairman during its 178th AGM held in Colombo, Thursday. …
PUCSL asks power utility to develop 12 new generation scenarios
June 30, 2017 (LBO) - Sri Lanka's Public Utilities Commission of Sri Lanka (PUCSL) has asked the Ceylon Electricity Board (CEB) to submit 12 scenarios which …
Reforms in Sri Lanka urgent but need to limit cost to the poor: WB
June 30, 2017 (LBO) - Sri Lankan government led reforms to improve competitiveness, maintain macro-fiscal stability and strengthen institutions, with broad …