ADB announces loan auction for Sri Lankan SME sector
Mar 28, 2016 (LBO) - Asian Development Bank announced the first auction of a 12.5 million US dollar tranche of re-finance funds for Sri Lankan banks to provide …
Huawei launch experience store in Sri Lanka
March 28, 2016 (LBO) - Huawei, launched a new Experience Store at Majestic City, Colombo allowing its customers a more personal experience when purchasing …
Upcoming LBR LBO Enterprise Summit to Focus on Building Smarter Businesses with Smart Technologies
Mar 28, 2016 (LBO) - Sri Lanka’s leading local technology pioneers and innovators together with international speakers will take the stage at the 2016 …
Sri Lankan launches Google Online Shopping Festival powered by wOw.lk
wOw.lk, Sri Lanka’s largest online shopping mall, and a subsidiary of Dialog Axiata PLC has partnered with Google to introduce another “first” for the …
Sri Lanka tea sees better demand for low growns
Mar 24, 2016 (LBO) - Sri Lanka's tea prices in overall auction offerings were marginally lower with better demand for low grown and mid to high grown prices …
Sri Lanka gets direct cargo link between Colombo and Yangon
Mar 24, 2016 (LBO) - Sri Lanka's Continental Shipping Lines' "Pathien Star" made it's inaugural call at the Jaya Container Terminal in Colombo yesterday. The …
Classical Pianist Richard Clayderman to perform in Sri Lanka
Richard Clayderman, the French Classical Pianist is set to perform in Sri Lanka at the NelumPokuna on April 8th, 2016. The concert is being organized by …
Australian High Commissioner visits development projects in North
The Australian High Commissioner, Mr Bryce Hutchesson, visited the Northern Province on 16-18 March 2016 to meet with key government interlocutors and inspect …
Lionel Messi Joins the Huawei Family of Global Brand Ambassadors
Huawei, global leading company in ICT and telecommunication solutions, today announces Lionel Messi’s appointment as the latest Global Brand Ambassador to …
CSE Wins Global HR Excellence Award
The Colombo Stock Exchange (CSE) won the award for “The Most Innovative Use of Training and Development” at the recently concluded World …
Debt crisis in developing nations likely if slowdown continues: Kelegama
Mar 21, 2015 (LBO) – The main priority for policy makers worldwide should be to support a robust and balanced global recovery, a Sri Lankan economist said. …
PUCSL seeks explanation from Sri Lanka’s power utility for recent cuts
Mar 18, 2016 (LBO) - Sri Lanka’s Public Utitilies Commission (PUCSL) has called on the Ceylon Electricity Board (CEB) to give valid reasons for recent …
LAUGFS Lubricants expands to serve the Northern Province
LAUGFS Lubricants (Pvt) Ltd, the first Sri Lankan company to enter the local lubricant industry back in 2008, has further expanded its product portfolio to the …
Sri Lanka up 15 notches in World Happiness Report 2016
Mar 17, 2016 (LBO) – Sri Lanka’s happiness has climbed 15 places to rank at 117 position bagging 4.415 points in the latest World Happiness Report …
71 Commercial Bank branches to be kept open on Good Friday
For the second time this month, the Commercial Bank of Ceylonwill keep71 branches open for business on a Public and Bank holiday, this time on 25th March, …
Commonwealth Secretariat to help Sri Lanka set up Exim Bank
Mar 17, 2016 (LBO) – Sri Lanka's exporters will soon see the setting of an Exim Bank for their credit purposes with the help of Commonwealth Secretariat, a …
European Commission announces Euro 38 mn for development in Sri Lanka
Mar 16, 2016 (LBO) - The European Commission co-signed two new support programmes worth 38 million Euros in the field of rural development and trade …
Carl Cruz assumes duties as Chairman of Unilever Sri Lanka
With effect from March 1, 2016, Carl Cruz assumed duties as Chairman of Unilever Sri Lanka, taking the helm from his predecessor, Shazia Syed who has …
Power Ministry will present short-term solution for power issue to President on 22nd
Mar 16, 2016 (LBO) – Sri Lanka’s President will be presented with a committee report containing the short term solution for the recent island-wide power …
Sri Lanka’s GSP+ process on the right track: EU Commissioner
Mar 16, 2016 (LBO) – The European Union has noted progress made by Sri Lanka on GSP+ criteria and supports renewed application, a senior EU official said. …