Sri Lanka gives official go ahead for China Port City; CHEC welcomes approval
Mar 15, 2016 (LBO) – Sri Lanka’s government officially informed the Chinese investors of resuming the construction of the Port City project in capital …
Nelson Liu appointed Chairman of CICT, Ray Ren becomes CEO
The Board of Directors of Colombo International Container Terminals Ltd. online pharmacy buy abilify with best prices today in the USA online pharmacy buy …
Volvo appoints new importer and distributor in SL
Mar 15, 2016 (LBO) – Volvo, a Sweden based car manufacturer announced Swedish Cars (Pvt) Ltd., an IWS Holdings company, as the importer and distributor of …
Sri Lanka commits strengthening relations with Korea for mutual benefit
Foreign Minister Mangala Samaraweera, on an official visit to the Republic of Korea, expressed Sri Lanka’s commitment to further strengthen bilateral …
CA Sri Lanka underscores greater women representation across all sectors
President of the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) Mr. Lasantha Wickremasinghe emphasizedupon the importance for greater female …
Power officials meet Monday to investigate third island-wide power failure: Minister
Mar 14, 2016 (LBO) - Sri Lanka’s Minister of Power and Renewable Energy said senior power sector officials are to meet Monday morning to investigate two …
Sri Lanka stocks close up 1.5-pct; Continued foreign in-flow
Mar 10, 2016 (LBO) – Sri Lankan stocks closed up 1.46 percent after two consecutive days of losses with gains in index heavy stocks, brokers said. The …
Sri Lanka bought planes instead of building houses: PM
Mar 10, 2016 (LBO) – Sri Lanka’s Prime Minister said on Thursday the nation is plagued with incompetencies of the former regime and the homeless could have …
LSE to shift Bangalore research facility to Sri Lanka
Mar 09, 2016 (LBO) – The London Stock Exchange (LSE) plans to shift its Bangalore-based research facility to Sri Lanka, a senior official said. online …
Sri Lanka stocks close down 1.2-pct, foreign inflow 602 mln rupees
Mar 09, 2016 (LBO) – Sri Lankan stocks closed down 1.2 percent with continued losses in index heavy stocks following a government announcement to …
CSE Rings Bell for Gender Equality
The CSE recently joined the Sri Lanka Institute of Directors (SLID), IFC – a member of the World Bank Group, UN Global Compact, UN Women, the World …
Sri Lanka to move prison out of Colombo, shift key buildings
Mar 09, 2016 (LBO) - Sri Lanka’s government is planning to shift key government offices including the Prison, President and Prime Minister’s residences …
Sri Lanka stocks close down 2-pct at near two year low
Mar 04, 2016 (LBO) – Sri Lankan stocks closed down 2.02 percent with losses across the board following an announcement from the government to re-introduce …
Sri Lanka’s Laugfs Gas expands into Dubai
Mar 08, 2016 (LBO) - Sri Lanka's Laugfs Gas announced the expansion of it's regional presence with a new business venture in Dubai Multi Commodity Center …
Aravinda to Chair new selection committee for Sri Lanka Cricket, Sanga included
Mar 08, 2016 (LBO) – Sri Lanka’s Sports Minister has appointed a new National Cricket Selection Committee with immediate effect following recent failures …
Virtusa acquires majority interest in Polaris Consulting
Mar 07, 2016 (LBO) - Virtusa Corporation announced that its India subsidiary has acquired all of the outstanding shares of Polaris Consulting and Services …
Sri Lanka stocks close lower 0.06-pct
Mar 04, 2016 (LBO) – Sri Lankan stocks closed lower at 0.06 percent with losses in some index heavy stocks, stocks, brokers said. The Colombo benchmark All …
Sri Lanka’s first attempt to conquer Everest
Set to make history for the country, JayanthiKuru-Utumpala and Johann Peries will be the first Sri Lankans to attempt the 8,488m climb to the summit of Mount …
Interview: Sri Lanka’s national carrier eyes turnaround
Mar 02, 2016 (LBO) – SriLankan Airlines is poised for a shift in strategy, ranging from privatisation to network restructuring, in a bid to achieve sustained …
China positive on trade, investment says Malik after visit
Mar 02, 2016 (LBO) – China is positive about Sri Lanka’s prospects as a strategically located platform for trade, investment and tourism, a statement …