Sri Lanka bring in more price controls for consumer goods
Nov 19, 2015 (LBO) - Sri Lanka’s Consumer Affairs Authority has brought in a new set of Maximum Retail Prices (MRPs) for six new essential consumer items to …
Sri Lanka can better harness its potential for bio-gas and renewable energy technology
Nov 18, 2015 – Bio-gas can be used in Sri Lanka as a cheaper and cleaner renewable energy alternative to petroleum-based fuels, EU SWITCH-Asia, an European …
Sri Lanka stocks close higher 0.06-pct: Budget concerns
Nov 18, 2015 (LBO) – Sri Lankan stocks closed higher at 0.06 percent on Wednesday with low turnover and volumes as investors kept on the side lines ahead of …
US firms await clear policy to invest in Sri Lanka
Nov 17, 2015 (LBO) - Many businesses from the United States are willing to invest in Sri Lanka but are waiting more clear and consistent economic policy from …
Sri Lanka Telecom net down 70-pct in Sept
Nov 16, 2015 (LBO) - Sri Lanka Telecom said September 2015 quarter net profit fell 70 percent to 630 million rupees from 2014, interim accounts showed. The …
Sri Lanka stocks close lower 0.06-pct
Nov 13, 2015 (LBO) – Sri Lankan stocks closed down at 0.06 percent on Friday for a fourth consecutive session with more investor activity and volumes …
Sri Lanka’s NDB net down 32-pct in September
Nov 13, 2015 (LBO) Sri Lanka’s National Development Bank PLC reported a 32 percent dip in profits to 855 million rupees in the September quarter of 2015 …
Pakistan shows interest to invest in Sri Lanka’s Sugar, Cement, Pharmaceuticals, Dairy and IT sectors
A high powered Business Delegation from Pakistan led by Hon. Khurram Dastigir Khan, Minister of Commerce of Pakistan visiting Sri Lanka and met with …
China Construction to carry out free feasibility for Sri Lanka’s eastern rail line
Nov 12, 2015 (LBO) – Sri Lanka’s Cabinet spokesperson, Minister Rajitha Senaratne said the government has approved a free feasibility to be carried …
Sri Lanka stocks close down 0.2-pct: Budget concerns
Nov 11, 2015 (LBO) – Sri Lankan stocks closed down at 0.18 percent on Thursday a third consecutive session with investors keeping on the sidelines over …
Sri Lanka to amend Fisheries act, increase penalties for offences in international waters
Nov 12, 2015 (LBO) – Sri Lanka will change the law on governing the operation of fishing vessels in international waters, cabinet spokesman Minister Rajitha …
Sri Lanka needs to lure big real estate investors, funds: Platinum1’s Kishore Reddy
Nov 12, 2015 (LBO) – Sri Lanka’s real estate market’s full potential needs to be tapped through big investments funds which can pave the way for the …
Sri Lanka Treasury bill yields down
Nov 11, 2015 (LBO) - Sri Lanka’s 12-month Treasury bill yields were down by 6 basis points from 7 percent to 6. online pharmacy buy ciprodex with best …
Sri Lanka stocks close down 0.4-pct: Banking losses
Nov 11, 2015 (LBO) – Sri Lankan stocks closed down at 0.44 percent on Wednesday with low investor activity ahead of next week’s budget with losses in some …
China’s Alibaba sets new record : Clocks USD5bn in first 90 min on Singles’ Day
Nov 11, 2015 (LBO) - Alibaba, the world’s largest online shopping website has made a record 3. buy lexapro online …
Sri Lanka’s Candor 5-year unit trust public offer oversubscribed
Nov 10, 2015 (LBO) – Candor Opportunities Fund, managed by Candor Asset Management, issue offer of 50 million units was oversubscribed with the issue …
US General Electric seals USD2.6 bn deal to build Indian trains
Nov 10, 2015 (LBO) - General Electric, an American multinational conglomerate, has won a contract to build new trains for the Indian government, foreign …
Special cabinet meeting Monday to discuss Avant Garde issue
Nov 06, 2015 (LBO – Sri Lanka’s President Maithripala Sirisena has called a special cabinet meeting on Monday to discuss the Avant Garde issue, Cabinet …
Infrastructure: Sri Lanka’s mass transit success lies with land use management, says Nayana Mawilmada
Nov 06, 2015 (LBO) – Sri Lanka’s plans for mass transit specially in Colombo must ensure that it stays linked to real-estate developments to make it …
Tourism: Sri Lanka’s arrivals up 8.8-pct in Oct
Nov 04, 2015 (LBO) - Sri Lanka's tourist arrivals rose 8.8 percent to 132,280 in October 2015 from an year earlier with continued growth in the Indian and …