Sri Lanka launch first free pre-hospital care ambulance service with Indian grant
(PRESS RELEASE) - In a groundbreaking initiative, the country’s very first fully fledged free pre-hospital care ambulance service numbering a collective of …
CA Sri Lanka Exam Pass Rate Increases with new curriculum
(PRESS RELEASE) - The new curriculum introduced by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) last year has paved way for a significant …
No quick fixes for Sri Lanka economy, future sunny: CB Governor
Jul 28, 2016 (LBO) - Sri Lanka's new Central Bank governor says that he aims to have stable policies with strong fundamentals as opposed to quick fixes.buy …
Cabinet approves concessionary taxes for commercial land
Jul 27, 2016 (LBO) - Sri Lanka’s cabinet has decided to approve concessionary taxes for commercial lands under the state lands ordinance. Under a directive …
Moratuwa Uni “D-Mora P1” car wins accolades at Formula Student UK 2016
July 28, 2016 (LBO) The D-Mora P1 race car built by the engineering students from the University of Moratuwa with the backing of Diesel & Motor Engineering PLC …
Sri Lanka tea output dips 14.3-pct in June, Will miss full year target: Tea Board
COLOMBO, July 27 (Reuters) -Sri Lanka’s tea output in June fell 14.3 percent from a year earlier because of heavy rain the previous month, a media report …
NDBIB wins ‘Sri Lanka’s Best Investment Bank2016’ by Euromoney
(PRESS RELEASE) - NDB Investment Bank, which completed a record breaking year in 2015 raising a mammoth LKR 60 Bn, was awarded ‘Sri Lanka’sBest Investment …
ADB approves USD115mn loan for power sector in Sri Lanka
Jul 27, 2016 (LBO) - The Asian Development Bank (ADB) has approved a loan of 115 million US dollars and 3.8 million in grants to help Sri Lanka achieve 100 …
China special investment zone to create 1mn jobs in Hambantota
Jul 26, 2016 (LBO) – The Chinese government has requested for 15,000 acres of land in Hambantota for a special economic zone that will create around one …
Asian shares edge up on Wall Street lead, pre-Fed nerves limit gains
TOKYO, July 27 (Reuters) - Asian stocks edged up early on Wednesday following a relatively upbeat session overnight for U.S. and European stocks, with …
Malik assures ETCA and other FTAs won’t impact local jobs
Jul 26, 2016 (LBO) – Sri Lanka is currently at the formulating stage of Free Trade Agreements with China and Singapore and an “Economic Technology …
Sri Lanka CEB, LECO must keep regulatory accounts from 2017: PUCSL
Jul 26, 2016 (LBO) – Sri Lanka’s Public Utilities Commission (PUCSL) today launched training for regulatory accounts for Ceylon Electricity Board (CEB) and …
Sri Lanka’s Commercial Credit to be part of LankaPay ATM network
Jul 26, 2016 (LBO) – Sri Lanka’s Commercial Credit Finance joined the LankaPay Common ATM Network, recently. online pharmacy buy abilify with best prices …
Mandatory offer by Brown to purchase Eden Hotels expires
Jul 26, 2016 (LBO) - The mandatory offer made by Browns Hotels and resorts to purchase all the remaining ordinary shares of Eden Hotel Lanka has expired as of …
New Sales head at Altair
Indocean Developers, the promoter of the Altair twin tower high rise, has announced the appointment effective 15th July, of Jay Dias as Head of Sales and …
Maga Engineering to rehabilitate rural roads at Rs13.2bn
Jul 26, 2016 (LBO) - Sri Lanka’s construction firm Maga Engineering was recently awarded the contract to rehabilitate and improve rural roads in four …
Commercial Bank in World’s Top 1000 Banks
The Commercial Bank of Ceylon PLC hasbecome the only Sri Lankan bank to be ranked among the Top 1000 Banks of the World for the sixth year running, setting yet …
Sri Lanka tea sees better demand at auction
Jul 14, 2016 (LBO) - Sri Lankan tea prices rose at this week’s Colombo auction with some prices up by 20-30 rupees, Forbes & Walker Tea Brokers said in …
UN Secretary General message on World Youth Day
Today’s world has the largest generation of youth in history. Their needs and potential are increasingly recognized in the international community. I am …
Sri Lanka FM statement following discussion with two visiting US Asst. Secretaries of State
It is a pleasure to welcome Assistant Secretary of State for South and Central Asian Affairs Nisha Biswal and Assistant Secretary of State for Democracy, Human …