Alpha Fire Services launches new water mist technology to combat kitchen fires
Colombo. Tuesday 16 February 2016. Alpha Fire Services (Pvt) Ltd Sri Lanka will showcase the Proano Kitchen Water Mist Fire Suppression Systems, which are …
President visits Holocaust Memorial & Jewish Museum in Germany (In Pics)
Feb 17, 2016 (LBO) - Sri Lanka's President Maithripala Sirisena who arrived in Berlin on Tuesday (16) visited the Holocaust Memorial and the Jewish museum in …
Sri Lanka stocks close down 0.2-pct
Feb 16, 2016 – Sri Lanka’s stocks closed down at 0.19 percent with low investor activity and losses in Dialog Axaita and Hayleys, brokers said. The Colombo …
Oil Bills Shrink for Most APAC Sovereigns: Fitch
Feb 16, 2016 (LBO) - Falling oil prices – with the benchmark Brent crude having tumbled by 44 percent yoy as of 11 February 2016 and 75 percent from early …
Fitch Rates Hatton National Bank’s Subordinated Debt Final ‘A+(lka)’
Fitch Ratings-Colombo-16 February 2016: Fitch Ratings has today assigned Hatton National Bank PLC's (HNB, AA-(lka)/Stable) proposed subordinated debentures of …
New capital adequacy requirements for stockbrokers: CSE
Feb 16, 2016 (LBO) – Sri Lanka’s Colombo Stock Exchange (CSE) is in the process of implementing a Risk-based Capital Adequacy Requirement (CAR) for …
Guru.lk launches course on how to make money on the Internet
Can individuals make money safely and legitimately on the Internet? The answer according to Guru.lk is yes, and Sri Lanka’s leading edutainment website has …
Poverty in Sri Lanka down, revenue shortfall a concern: World Bank
Feb 16, 2016 (LBO) - Sri Lanka has reduced poverty to below 7 percent of the population but future prosperity will depend on addressing chronic revenue short …
Commercial Bank customers to receive discounts for Health Packages
The Commercial Bank of Ceylon has enhanced the value of its savings products for women and senior citizens through a partnership with the Asiri Group of …
Sri Lanka stocks close down 0.3-pct; Continued foreign outflow
Feb 15, 2016 – Sri Lanka’s stocks closed down at 0.27 percent for a seventh continuous session with continued foreign selling and some institutional …
Papyrus opens larger, better-equipped Print Point at new home in Colombo
Papyrus Corporation has opened a spacious new Print Point in Colombo, significantly enhancing services, speed and customer convenience in its on-demand, …
Sri Lanka’s NDB profits up 46-pct in Dec
Feb 15, 2016 (LBO) - Sri Lanka's National Development Bank's profits were up 46 percent to 1,254 million rupees in the December 2015 quarter from a year …
Sri Lanka to strengthen economic ties with Germany through President’s visit
Feb 15, 2016 (LBO) – Sri Lanka’s President Maithripala Sirisena is on an official visit to Germany and Austria with the aim of further strengthening the …
Sri Lanka’s Colombo Port records highest daily volume of 22,422 TEUs
Feb 12, 2016 (LBO) – Sri Lanka’s Ministry of Ports and Shipping said the Colombo Port recorded its highest daily handling of 22,422 TEUs on 9 February, up …
Sri Lanka can be pendent in the necklace: Tourism officials
Feb 11, 2016 (LBO) – Sri Lanka is a market on the verge of taking off as tourist hot spot and the island should try to lure more brands into the country, a …
Sri Lanka CSE calls proposals for CCP suppliers
Feb 11, 2016 (LBO) – Sri Lanka's Colombo Stock Exchange says they are calling for Request for Information (RFIs) inviting potential suppliers for the …
“Doing our best to live up to expectations of PM”: Harsha
Feb 10, 2016 (LBO) – Sri Lanka’s Deputy Minister of Foreign Affairs assures that although there is some frustration at the Prime Ministers level with …
BOI briefs non-resident ambassadors, defence attaches at Koggala Zone
The BOI organized a special programme for 57 Non-resident Heads of mission and Defence Advisors and Defence Attaches who were visiting Sri Lanka to attend the …
Sri Lanka’s port sector regulations and policies need to be updated: Arjuna
Feb 09, 2016 (LBO) – Sri Lanka needs to conduct open discussions and update its information, regulations and policies to provide solutions for ports and …
SAARC should consider common energy framework
Feb 08, 2016 (LBO) – South Asian energy regulators are looking at ways to promote cross border energy trade through a common market in the South Asian …