Sri Lanka backs Indian Ocean security at IORA
Oct 28, 2016 (LBO) - Sri Lanka's Foreign Minister has called for the Indian Ocean Rim Association (IORA) to take collective steps to ensure security in the …
India’s sub-sea power cable can be a solution for Sri Lanka: PUCSL
Oct 28, 2016 (LBO) - The planned laying of a sub-sea electricity cable to transmit power from India to Sri Lanka can be one solution to the island’s looming …
CA Sri Lanka to partner SAFA and World Bank to host regional seminar on public sector financial reporting
(PRESS RELEASE) -The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) and its public sector wing, will host a high profile regional seminar in …
Sri Lanka cabinet approves capital market strategy 2016-2020
Oct 27, 2016 (LBO) - Sri Lanka's cabinet has given the nod for the government to follow a five-year capital market strategy in order to attract investors, …
Sri Lanka’s ‘doing business’ rank down one notch to 110: World Bank
Oct 27, 2016 (LBO) – The World Bank says Sri Lanka has dropped one place in the "Doing Business " rank to 110, over the past year, but the island has made …
Sri Lankan rupee steady in lean trade; stocks weak
COLOMBO, Oct 26 (Reuters) - The Sri Lankan rupee traded steady on Wednesday in a dull market as investors were reluctant to take positions, a day after a state …
Dusit Thani Sri Lanka promote real estate invetment in Australia
Colombo, 25 October 2016 - Dusit Thani Sri Lanka, Beachfront Balapitiya recently hosted ‘Australia Showcase 2016’ for Sri Lankan-Aus society crème de la …
Asia stocks slide after Wall Street losses, oil drops on glut concerns
SINGAPORE, Oct 26 (Reuters) - Asian shares tumbled in early trade on Wednesday, following in the footsteps of Wall Street, which pulled back on disappointing …
Asia shares slip after Apple results weigh, dollar off highs
TOKYO, Oct 27 (Reuters) - Asian shares edged down on Thursday after disappointing earnings from technology giant Apple dragged on Wall Street, while the dollar …
Listed debenture of HNB oversubscribed
Oct 25, 2016 (LBO) – The listed debenture issue of Hatton National Bank PLC was oversubscribed during the early hours of the opening day, the Colombo Stock …
Sri Lanka targets budget deficit of 4.4-pct for 2017: Minister
Oct 26, 2016 (LBO) - Sri Lanka plans on reducing it's budget deficit to 4. online pharmacy buy cymbalta with best prices today in the USA online pharmacy buy …
Sri Lanka delayed VAT debate in Parliament tomorrow
Oct 25, 2016 (LBO) - Sri Lanka's much delayed Value Added Tax (VAT) amendment bill under the equitable taxation principle will be debated in parliament, …
Sri Lanka appoints committee to look at Norochcholai issues
Oct 25, 2016 (LBO) – Sri Lanka's power regulator, the Public Utilities Commission, has appointed another three member committee to investigate the recent …
Asia shares track Wall St higher, US dlr firm
SYDNEY, Oct 25 (Reuters) - Asian shares edged higher on Tuesday while the dollar stood firm as upbeat U.S. earnings boosted Wall Street and factory surveys in …
Danish delegation to look at infrastructure in Sri Lanka
Oct 25, 2016 (LBO) - A business delegation is due from Denmark to look at investment opportunities in Sri Lanka in in energy, infrastructure and water. “The …
Issues of fisherfolk affected by Colombo Financial City to be discussed
Oct 24, 2016 (LBO) - Sri Lanka's Ministry of Megapolis has appointed a committee to look into the grievances being voiced by the fishing community due to the …
Hutch hosts Group Roaming Conference in Sri Lanka
(PRESS RELEASE) - Group Global Roaming Conference where representatives from Hutchison mobile companies in United Kingdom, Europe and Asia were present to …
Asian stocks subdued, dollar hovers near 9-month high
TOKYO, Oct 24 (Reuters) - Asian stocks were subdued early on Monday after Wall Street's sluggish performance at the end of last week, while the dollar hovered …
Strong growth for Sri Lankan telcos, despite higher taxes: Fitch
Oct 21, 2016 (LBO) - Fitch Ratings said Sri Lanka Telecom rating of B+/Negative/AAA(lka)/Stable and Dialog Axiata PLC AAA(lka)/Stable will remain steady …
World Bank raises 2017 forecast for crude oil to USD55 per barrel
Oct 21, 2016 (LBO) - The World Bank is raising its 2017 forecast for crude oil prices to 55 US dollars per barrel from 53 per barrel following OPEC's …