Sri Lanka’s Mobitel appoints Nalin Perera as CEO
(PRESS RELEASE) - Nalin Perera has been appointed as Chief Executive Officer (CEO) of Mobitel (Pvt.) Ltd. He started his career at Mobitel in 2001 as General …
India’s Asian Paints acquires Causeway Paints for Rs9 bln
Apr 04, 2017 (LBO) - Asian Paints subsidiary Berger International has acquired Sri Lanka’s Causeway Paints in an all-cash deal of 3. online pharmacy buy …
Achilleion to provide Sri Lanka’s 1st 7 Star luxury experience
(PRESS RELEASE) - Sri Lanka’s Blue Mountain, a real-estate firm is offering an exclusive opportunity to customers who pre-book by 20th April 2017 to …
Huawei announces FY16 results, Revenue up 32-pct
(PRESS RELEASE) - Huawei released its audited financial results for 2016, reporting that its Carrier, Enterprise, and Consumer business groups (BGs) each …
Japanese firm buys 11-pct of Sri Lanka’s Sunshine Holdings
Apr 03, 2017 (LBO) - Japan’s SBI Ven Holdings, an investment holding company, bought a 11 percent stake in Sri Lanka's Sunshine Holdings for 742.5 million …
EU to present draft guidelines for UK’s departure from bloc
Mar 31, 2017 (LBO) - Donald Tusk, president of the European Council will present draft guidelines for the British withdrawal to the 27 member states in Malta, …
Sri Lanka Finance minister meets Commonwealth Secretary General Patricia Scotland
(PRESS RELEASE) - A meeting between Commonwealth Secretary General Patricia Scotland and Finance Minister Ravi Karunanayake was held recently. The meeting …
Sri Lanka to set up Public Enterprises Board for managing SOEs
Mar 30, 2017 (LBO) - The Sri Lankan government is in the process of setting up a Public Enterprises Board to manage loss-making state-owned enterprises (SOEs), …
Sri Lanka-Australia discuss security in the Indian Ocean
(PRESS RELEASE) - Sri Lanka's Deputy Minister of Foreign Affairs Harsha de Silva met with Australia’s Foreign Minister Julie Bishop in Canberra today (29) …
SriLankan still looking for takers in restructuring: Hashim
Mar 29, 2017 (LBO) - Sri Lanka's Minister of Public Enterprise Development Kabir Hashim says that although TPG is a preliminary bidder for the restructuring …
Sri Lanka’s high end commercial property to narrow the gap with demand: RIU
Mar 29, 2017 (LBO) - Sri Lanka's Research Intelligence Unit (RIU), a real-estate advisory firm, says Grade A commercial property developments over the next …
Laugfs Terminals seeks USD42.6Mn funding from People’s Bank
Mar 29, 2017 (LBO) - Sri Lanka’s Laugfs Terminals Limited will borrow 42. buy champix online …
Harsha appreciates support for adoption of HR Resolution
Mar 24, 2017 (LBO) - Sri Lanka's deputy minister of foreign affairs has expressed his appreciation to members of the Human Rights Council and observer states …
Sri Lanka govt approves Securities Exchange Commission bill
Mar 23, 2017 (LBO) - Sri Lanka's government will replace the Securities and Exchange Commission Act No. online pharmacy buy spiriva inhaler with best prices …
Comm Bank named Best Bank in Sri Lanka for 18th time by Global Finance
(PRESS RELEASE) The Commercial Bank of Ceylon has been named Sri Lanka’s Best Bank in 2017 by USA-based Global Finance, giving the Bank its third …
SAITM MBBS Students urge all authorities for a fair and expeditious solution
(PRESS RELEASE) - As graduates and students of the MBBS programme at the South Asian Institute of Technology and Medicine (SAITM), we sincerely urge …
The new MINI Clubman now available in Sri Lanka
(PRESS RELEASE) Sri Lanka. Prestige Automobile (Pvt) Ltd unveiled the new MINI Clubman to conquer the premium compact segment. The new model offers the highest …
Sri Lanka NCPI inflation at 8.2-pct in Feb 2017
Mar 22, 2017 (LBO) - Sri Lanka's inflation, as measured by the change in the National Consumer Price Index (NCPI) (2013=100), increased to 8.2 percent in …
Sri Lanka investor forum garners interest in Australia
Mar 21, 2017 (LBO) - The Invest Sri Lanka Investor Forum hosted in Sydney by the Colombo Stock Exchange and Securities and Exchange Commission drew over 150 …
Ceylon Tea Boutique Attracts a Large Number of ITB Visitors
(PRESS RELEASE) - Ceylon Tea being among the most recognized tea brands in the world, were amongst the most popular items for the German visitors who visited …