Indonesia donates 5,000MT of rice to Sri Lanka
Feb 15, 2017 (LBO) The Indonesian government will donate 5,000 metric tonnes of rice to Sri Lanka following a request of President Maithripala Sirisena …
Sri Lanka assumes Chair of Asia-Pacific Group at United Nations in Vienna
(PRESS RELEASE) - H. E. Ambassador Priyanee Wijesekera assumed the Chairmanship of the Asia-Pacific Group at United Nations in Vienna from Philippine. online …
WFP welcomes Sri Lanka’s national insurance scheme
Feb 15, 2017 (LBO) - Sri Lanka has taken a step forward in its policy making by introducing a national insurance scheme, the World Food Program said. online …
Hayleys 3Q16 profits grow by 8-pct to Rs.1.1Bn
(PRESS RELEASE) - Sri Lankan conglomerate Hayleys PLC’s profits after tax rose by 8% Year-on-Year (YoY) to reach Rs. 1.1 billion during the quarter ended …
South Asian stock exchange officials to meet in Colombo
Feb 14, 2017 (LBO) - The Colombo Stock Exchange (CSE) will host the executive committee board meeting for the current term of the South Asian Federation of …
Rice millers call for release of govt stock to maintain price control
Feb 14, 2017 (LBO) - Sri Lanka's Small and Medium Scale Rice Mill Owners’ Association says if they are to sell rice to consumers at a controlled price the …
DFCC launch ‘Vardhana Sahaya’ with govt initiated ‘Swashakthi’ for small enterprise sector
(PRESS RELEASE) - After six decades of nurturing small and medium businesses to become leading enterprises in their respective sectors, DFCC Bank is pleased …
Japanese company plans to invest USD 1Mn in mini hydro
Feb 13, 2017 (LBO) - Japan's Zero Plus Co. Ltd will invest one million dollars in a 700 kilowatt mini hydro project at Erathna in Ratnapura, TAD Lanka …
Sri Lanka puts in place competitive pricing for medium scale solar
Feb 13, 2017 (LBO) - Sri Lanka’s Power Ministry has decided to put in place a competitive pricing mechanism for medium scale solar power generation …
JLL Sri Lanka get new Managing Director, Steven Mayes
(PRESS RELEASE) - Jones Lang LaSalle (JLL), Sri Lanka’s leading real estate consulting firm, announced the appointment of Steven Mayes asfull-time …
Sri Lanka calls tenders for petroleum development in Mannar Basin
Feb 12, 2017 (LBO) - The Sri Lankan government is inviting expressions of interest for partners to undertake the appraisal and development of gas discoveries …
Yen slips after Trump-Abe meet, Asian shares firm
TOKYO, Feb 13 (Reuters) - The dollar rose against the yen on Monday on relief that U.S. President Donald Trump set aside tough campaign rhetoric over security …
Virtusa third quarter revenue up 3.4-pct
(PRESS RELEASE) - Revenue for the third quarter of fiscal 2017 was $217.2 million, an increase of 3.4% sequentially and 44.2% year-over-year. On a constant …
Ravi upset over Central Bank leaks, media portrayal
Feb 09, 2017 (LBO) - Sri Lanka's Finance Minister has expressed his concern about the leak of information with regard to closed door meetings at the island's …
Haycarb records turnover of Rs.9.4Bn and PBT of Rs.768Mn in Q3 2016/17
(PRESS RELEASE) - Haycarb PLC, the Sri Lankan multinational of Hayleys PLC reported revenue of Rs. 9.4 billion and profit before tax of Rs. 768 million for 9 …
Australia’s tourism skills development to start in East
Feb 09, 2017 (LBO) - Under the skills for inclusive growth program Australia will provide around 1.6 billion rupees in aid and technical assistance, to …
Ceylon Motor Show 2017 in PICS
Feb 08, 2017 (LBO) - Automotive enthusiasts thronged the BMICH over the last weekend to be a part of the Ceylon Motor Show 2017, Sri Lanka’s single largest …
Citizens Development Business (CDB) goes live with Intellect DIGITAL FACE
(PRESS RELEASE) - Customer centric Digital Channel solution with an omni-channel experience Intellect Design Arena Ltd, a digital technology product provider …
SAITM says ready to forge ahead amid protests
Feb 08, 2017 (LBO) - South Asian Institute of Technology and Medicine (SAITM) says they are ready for the rough road ahead and will push ahead despite …
Government of Finland keen to invest in Sri Lanka
The Ambassador of Finland to Sri Lanka Rauli Suikkanen says that he would call leading entrepreneurs of his country to commence investment in Sri Lanka. …