ComBank receives best bank award from Global Finance
The Commercial Bank of Ceylon was recently presented the award for ‘Sri Lanka’s Best Bank in 2019’ by the USA-based Global Finance magazine at the 26th …
Opinion: Are we finally done taxing Aunty Flo?
By Nishtha Chadha One of the most talked about election promises this week has been Sajith Premadasa’s promise to distribute free sanitary hygiene products. …
Fin Min says LPG supplies on the way
Nov 04, 2019 (LBO) - Sri Lanka’s Finance Ministry says an emergency purchase of 12,000 metric tonnes of liquefied petroleum gas is on its way following …
![ICRA Lanka reaffirms the [SL]A+ long term ratings of Access Engineering PLC](https://www.lankabusinessonline.com/wp-content/uploads/2016/11/Access-Engineering-PLC-CSE.jpg "ICRA Lanka reaffirms the [SL]A+ long term ratings of Access Engineering PLC")
ICRA Lanka reaffirms the [SL]A+ long term ratings of Access Engineering PLC
Rating action ICRA Lanka Limited, Subsidiary of ICRA Limited, Group Company of Moody’s Investors Service has reaffirmed the Issuer rating of [SL]A+ …
Opinion: Are apartment developers moving to suburbs?
LankaPropertyWeb's (LPW) With Colombo city turning into a business hub more than a residential area, recent studies of LankaPropertyWeb (LPW) show that …
Teejay’s 6-month net profit up 75-pct to Rs.1.24Bn
Oct 31, 2019 (LBO) - Textile manufacturer Teejay Lanka PLC has announced top and bottom line growth in the first half of 2019-20, with investments in expansion …
Sri Lanka calls for collective action to address global challenges
Oct 28, 2019 (LBO) - Sri Lanka's Foreign Minister Tilak Marapana reaffirmed Sri Lanka's commitment to the founding principles of the Non-Aligned Movement and …
Sri Lanka inflation at 5-pct in Sept 2019
Oct 22, 2019 (LBO) - Sri Lanka’s National Consumer Price Index (NCPI) increased to 5 percent from 3.4 percent recorded in August on a year-on-year basis, the …
Sri Lanka on alert for heavy rain, strong wind
Oct 22, 2019 (LBO) - The Department of Meteorology has issued a red advisory for heavy rain, strong wind and rough seas, today. The department says this is due …
Farm Smart: Developing Sri Lanka’s agriculture sector in the 4IR
Manoj Thibbotuwawa and Nimesha Dissanayaka Rapid population growth has put tremendous pressure on the world’s agricultural systems to provide safe and …
Challenges faced by SL’s real estate market; A direct reflection of the economy
Oct 21, 2019 (LBO) - Real estate is one of the Sri Lanka’s major revenue-generating sources. The country’s post-war impressive growth has led this sector …
Real-time online payment facility for BOI customers
Oct 21, 2019 (LBO) - The Board of Investment of Sri Lanka has taken another significant step forward where customers have the convenience of making their …
ICRA Lanka revises outlook on issuer rating of BoC to negative
Oct 21, 2019 (LBO) - ICRA Lanka Limited, subsidiary of ICRA limited, a group company of Moody’s Investors Service, has reaffirmed the issuer rating of Bank …
Emirates unveils special fares from Colombo to Mexico City
Travel enthusiasts in Sri Lanka seeking new destinations to conquer can visit Mexico City at a significant saving from 9th December, when Emirates commences …
Colombo meeting presses for rationalization of areas of cooperation and adoption of a BIMSTEC Charter
Rationalization of areas of cooperation of Bay of Bengal Initiative for Multi Sectoral Technical and Economic Cooperation (BIMSTEC) and draft Charter of the …
Uber Eats marks first anniversary as online sales grow
Oct 18, 2019 (LBO) - Uber Eats, an on-demand food delivery app, has delivered more than 3 million orders and completed its first successful year of operations …
SriLankan Airlines clinches South Asia’s No 01 slot again
Oct 18, 2019 (LBO) - SriLankan Airlines was adjudged the ‘Leading International Airline’ in South Asia for the third consecutive year at the South Asian …
Opinion: Cigarette smuggling in Sri Lanka, Hype vs. Reality
By Harini Weerasekera In the run up to elections, Sri Lanka is once again witnessing various news activities highlighting how the government is losing revenue …
EU-Sri Lanka dialogue addresses issues concerning European investments and achieving results
Oct 17, 2019 (LBO) - The Ministry of Development Strategies and International Trade hosted the 9th European Union - Sri Lanka investor dialogue, an instrument …
LankaPay, JCB International announce commercial roll-out of National card scheme
Oct 16, 2019 (LBO) - LankaClear (Pvt) Limited, the operator of LankaPay, Sri Lanka’s National payment network, together with JCB International Co., Ltd. , …