Japan’s Sony and Fujisoft ink deal with Sri Lanka’s Smart Metro
May 10, 2016 (LBO) - Smart Metro, a Sri Lankan based software development company signed two separate agreements with Sony Corporation and Fujisoft Inc, …
Sri Lanka seeks FTAs with Singapore, Malayasia and Turkey
May 06, 2016 (LBO) – Sri Lanka is exploring free trade agreements with Singapore, Malaysia and Turkey, a minister said. online pharmacy buy diflucan with …
Trinco to be developed as agri and energy hub
May 05, 2016 (LBO) – Sri Lanka’s cabinet has decided to approve a planning review to be done to develop Trincomalee and surrounding cities in the islands …
Tourist arrivals in Sri Lanka up 20.0-pct upto April
May 04, 2016 (LBO) – Sri Lanka’s tourist arrivals for the first four months were up 20 percent to 721,185, official data said. In April arrivals rose 11.6 …
New agencies to fast track Sri Lanka investment approvals
May 04, 2016 (LBO) – Sri Lanka’s government will fast track the approval of investment projects through the setting up of two new agencies, a state …
Chevron plans to expand local and regional presence
May 04, 2016 (LBO) – Chevron Lubricants Lanka said that they have no immediate plans to go to new markets but will focus on growing local and regional …
CSE to change methodology to calculate price multiples
May 04, 2016 (LBO) - Sri Lanka's Colombo Stock Exchange (CSE) said it would use quarterly earnings to calculate price multiples from May 3, 2016. online …
Com Bank inks deal with Bank Muscut Oman for money transfers
May 03, 2016 (LBO) - Sri Lanka’s Commercial Bank of Ceylon has formalised its tie-up with the Bank Muscat Oman to facilitate remittances to Sri Lanka. …
WCIC to recognize outstanding businesswomen at the ‘Woman Entrepreneur of the Year Awards’
27 April 2016: Women’s Chamber of Industry and Commerce (WCIC) once again will lend voice to amplify the good work that women in businesses are doing in the …
BOI signs 19 agreements worth Rs.319Mn in March 2016
Apr 28, 2016 (LBO) – Sri Lanka’s Board of Investment signed a total of 19 new investment agreements in varied sectors in March 2016, the investment agency …
Sri Lankans named in Panama Papers expected in May
Apr. 27, 2016 (LBO) - The International Consortium of Investigative Journalists said they will release on May 9th a searchable database with information on …
Fastest population shift in history, opportunity or threat to Asia?
Apr 27, 2016 (LBO) - If countries do not start planning for the rapid Asian demographic change, they will miss out on a unique opportunity to boost growth and …
Sri Lanka Lotus Tower land deed still not cleared
Apr 26, 2016 (LBO) – The Lotus Tower or Nelum Kuluna’s land is still in dispute and awaiting approval from the Urban Development Authority, a senior …
A new political culture will be introduced after May 01: President
Apr 26, 2016 (LBO) - Sri Lanka's President Maithripala Sirisena says he will introduce a new political programme in the country after May 01 and take several …
Sri Lanka PUCSL says no to CEB’s emergency power plant request
Apr 25, 2016 (LBO) – Sri Lanka’s power regulator, Public Utilities Commission of Sri Lanka (PUCSL) in a letter denied the CEB a request to buy a 55 MW of …
Sri Lanka’s transport reforms lack political will: Kumarage
Apr 22, 2016 (LBO) – Sri Lanka’s politicians should lead from the front and drive much needed transport reforms which have evolved through changes in …
Sri Lanka tea sees better demand for high grown small leafs
Apr 20, 2016 (LBO) – Sri Lanka’s tea at auction offerings saw good demand all round with better demand for high grown small leaf teas, Forbes & Walker …
CEB responds to shortcomings pointed out by power regulator
Apr 20, 2016 (LBO) - Sri Lanka’s Ceylon Electricity Board (CEB) has responded to shortcomings pointed out by the Public Utilities Commission of Sri Lanka …
Seylan Bank to sell Rs5bn in listed debt
Apr 20, 2016 (LBO) - Seylan Bank will sell up to five billion rupees in listed debt, the bank said in a statement.buy levitra-super-force online …
Commercial Bank Dispenses Rs 21.54 billion in first 14 days of April
The Commercial Bank of Ceylon smashed itsrecords for cash dispensed via the Bank’s automated teller machine (ATM) network over a 14 day period this …