Sri Lanka, Indonesia trade increased 32-pct in 2014
Oct 14, 2015 (LBO) – Trade between Sri Lanka and Indonesia increased by 32 percent in 2014 and there is vast economic and trade potential that can be …
Brandix to build community leadership in water management
Oct 14, 2015 (LBO) - A new initiative to support young women holding office in community-based organisations responsible for water management and water …
Bimputh Finance gets ‘BB lka’ rating: Fitch
Oct 14, 2015 (LBO) - Fitch Ratings Lanka has assigned Sri Lanka's Bimputh Finance plc with a national long-term rating of 'BB(lka)' and a stable outlook. …
Asian Paints breaks new ground in Sri Lanka with Masterstrokes
Oct 13, 2015 (LBO) - A unique multi-dimensional loyalty programme that will contribute significantly to the empowerment of local painting technicians has …
Angus Deaton wins Nobel prize for consumption, welfare economics
Oct 13, 2015 (LBO) - The prize in economic sciences in memory of Alfred Nobel for 2015 has been awarded to Angus Deaton of Princeton University for his …
Sri Lanka’s real estate a new segment of export economy: developer
Oct 12, 2015 (LBO) – Sri Lanka’s ongoing real estate developments can be used to attract investors to the island as a new segment of our export economy, a …
Japan provides food aid worth Rs. 275Mn to Sri Lanka’s North
Oct 10, 2015 (LBO) – Sri Lanka will receive food grant assistance worth 275 million rupees from Japan through the World Food Program (WFP), a statement …
Sampath Bank’s subordinated debt gets ‘A lka’ rating: Fitch
Oct 10, 2015 (LBO) - Sri Lanka's Sampath Bank's subordinated debentures has been assigned a National Long-Term Rating of 'A(lka)(EXP)', Fitch ratings said in …
LBR LBO infrastructure summit announced to media
Oct 08, 2015 (LBO) – There is an urgent need to move forward with intelligent urban design and development if Sri Lanka aspires to make Colombo a regional …
Sri Lanka to call bids for urban rail project soon-Updated
Oct 08, 2015 (LBO) - Sri Lanka will be calling for international competitive bids for its first urban railway project, Upul Jayasuriya, chairman of Sri Lanka's …
Sri Lanka stocks close up 0.13-pct: JKH warrant 22 hits new low
Sep 14, 2015 (LBO) – Sri Lankan stocks closed up 0.13 percent on Monday following Foreign Minister Mangala Samaraweera’s statement at UN Human Rights …
Sri Lanka’s spending on dairy imports up 18-pct in 2014, exports drop 8-pct
Sep 11, 2015 (LBO) - Sri Lanka’s expenditure on dairy and dairy products imports rose by 18 percent from a year earlier to 44 billion rupees during 2014, a …
Sri Lanka stocks close down 0.3-pct; Asian markets lower
Sep 10, 2015 (LBO) – Sri Lankan stocks closed down 0.32 percent on Thursday following losses in regional markets with telecom and beverage sector …
Youth unemployment can be addressed through technical training: Susil
Sep 10, 2015 (LBO) – Sri Lanka can overcome its youth unemployment issue by developing technical education, the newly appointed minister for technology says. …
Sri Lanka’s Hambantota port to be developed with dockyard facility
Sep 09, 2015 (LBO) – Sri Lanka’s Hambantota Port is to be developed with dockyard facilities at the port at an estimated cost of two billion rupees, media …
Sri Lanka stocks close up 0.8-pct; More retail activity
Sep 09, 2015 (LBO) – Sri Lankan stocks closed up 0.83 percent on Wednesday with index heavy and banking sector stocks showing gains, brokers said. The …
Sri Lanka stocks open up 0.2-pct as investor sentiment changes
Sep 09, 2015 (LBO) – Sri Lanka’s stocks opened 0.19 percent, Wednesday with investor sentiment changing and John Keells Holdings making gains in morning …
Stocks close down 0.3-pct; seven week low
Sep 08, 2015 (LBO) – Sri Lankan stocks closed down 0.35 percent on Tuesday on a seven week low with the losses in John Keells Holdings, brokers said. The …
Sri Lanka stocks close higher 0.07-pct, net foreign outflow
Sep 03, 2015 (LBO) – Sri Lankan stocks closed higher 0.07 percent on Thursday after three days of losses with index heavy stocks showing gains, brokers said. …
Sri Lanka gearing up for period of continuous growth: Softlogic Stockbrokers
Sep 03, 2015 (LBO) – Sri Lanka is heading into a decisive phase and we expect continuous growth in the island for the next few years through consistent …