Asian stocks fall to 6-week lows as bond rout intensifies
TOKYO/HONG KONG, Sept 14 (Reuters) - Asian stocks fell to fresh six-week lows on Wednesday and the greenback stood strong against a broad swathe of currencies …
Sri Lanka to stop Sampur coal power plant, SC informed
Sep 14, 2016 (LBO) - Sri Lanka's Supreme Court (SC) was informed that the proposed 500 megawatt Sampur coal power plant will not be constructed following a …
Sri Lanka electricity use safer with new square pin plugs: PUCSL
Sep 13, 2016 (LBO) - Sri Lanka's power regulator announced the implementation of national standard for plug and socket outlet in Sri Lanka for non-industrial …
Sri Lanka’s unemployment 4.2-pct in first quarter 2016
Sep 13, 2016 (LBO) - Sri Lanka's unemployed is estimated as 349,686 during the first quarter 2016 and the unemployment rate was 4.2 percent, marginally down …
Sri Lankan exporters showcase at 13th China Asean Expo
Sep 13, 2016 (LBO) - Twenty five Sri Lankan exporters have represented the island at the 13 CAEXPO (China-ASEAN Expo) in Guangxi, China, as a special guest …
Japan provides school meals in Northern Sri Lanka through WFP
Sept 13, 2016 (LBO) - The Government of Japan will provide 230 million Japanese Yen (330 million rupees) as food grant assistance to Sri Lanka for school meals …
Asia stocks rise, dollar sags after Fed official’s dovish comments
TOKYO, Sept 13 (Reuters) - Asian stocks rose early on Tuesday, boosted as Wall Street rallied overnight after Federal Reserve Board Governor Lael Brainard …
CCC proposes amendments to Sri Lanka’s customs ordinance
Sep 12, 2016 (LBO) - The Ceylon Chamber of Chamber has made several proposals for the amendment of Sri Lanka’s Customs Ordinance. The Import Section of the …
Sri Lanka Sampath Bank gets new MD
Sep 09, 2016 (LBO) - Sampath Bank Sri Lanka named Nanda Fernando as it's new Managing Director following the retirement of Aravinda Perera. Nanda Fernando was …
Huawei introduces new MediaPads
(PRESS RELEASE) - Huawei the fastest growing smartphone brand in Sri Lanka, has introduced a series of MediaPads expanding its portable computer tablets …
Asian shares slip after ECB disappointment, oil jumps
TOKYO, Sept 9 (Reuters) - Asian shares slipped and global bonds came under pressure on Friday after the European Central Bank left markets in the dark on what …
Asia shares, bonds spooked by central bank risks
SYDNEY, Sept 12 (Reuters) - Asian shares skidded on Monday with investors rattled by rising bond yields and talk the Federal Reserve might be serious about …
Maldives calls Sri Lanka to bid for housing, hospitals and power projects
Sep 08, 2016 (LBO) - The Maldivian High Commissioner in Sri Lanka Zahiya Zareer has invited Sri Lankan firms to invest in development projects in Maldives. …
Emirates extends Facebook competition in Sri Lanka
(PRESS RELEASE) - Emirates has announced an extension of its competition currently on Facebook exclusively for fans in Sri Lanka, to enable more people to …
LBR LBO Infrastructure Summit 2016 to focus on transformative power of “Western Region Megapolis Project”
Sep 08, 2016 (LBO) - Leading local and foreign urban planners, legal experts, technology professionals, policy makers, academics, researchers and senior …
Asia shares near 1-year top, await China trade data, ECB
SYDNEY, Sept 8 (Reuters) - Asian shares hovered near one-year peaks on Thursday as investors awaited Chinese trade data and a policy meeting by the European …
Sri Lankan rupee steady as dollar sales offset importer demand
COLOMBO, Sept 7 (Reuters) - The Sri Lankan rupee traded steady on Wednesday as dollar sales by exporters and banks to convert inward remittances offset the …
Sri Lanka CDS signs MoU with Pakistani counterpart
Sep 07, 2016 (LBO) - Central Depository Systems (CDS), a fully owned subsidiary of the Colombo Stock Exchange (CSE), has signed a memorandum of understanding …
Secretary of the Ministry calls in High Commissioner of Malaysia
(Press Release) - The Secretary of the Ministry of Foreign Affairs called in the High Commissioner of Malaysia to the Ministry of Foreign Affairs to express …
WHO certifies Sri Lanka malaria-free
(PRESS RELEASE) - Colombo, 5 September 2016: In a remarkable public health achievement, Sri Lanka was today certified by WHO on having eliminated malaria, a …