Access Engineering buys warehouse -logistics firm for Rs.925Mn
Oct 03, 2019 (LBO) - Access Engineering PLC has bought 100 percent stake of WUS Logistics Ltd. The shares were bought at for 925 million rupees, the company …
Sri Lanka tea prices down in first nine months of 2019
Oct 03, 2019 (LBO) - All elevations show a negative variance January-September 2019 compared with January-September 2018 and high growns show the …
Sri Lanka Govt allows internal flight operation for foreign airlines
Oct 02, 2019 (LBO) - The Sri Lanka govenments cabinet of ministers has given the nod for foreign airlines to operate domestic flights, a statement said. Sri …
Sec Aryasinha on Sri Lanka’s obstacles on peacekeeping contribution to UN
Oct 01, 2019 (LBO) - Sri Lanka's Foreign Secretary Ravinatha Aryasinha at the 74th UN General Assembly Session, met with Jean-Pierre Lacroix, under secretary …
Developing human capital key for SL’s to become upper-middle-income economy
Sep 27, 2019 (LBO) - Sri Lanka needs to invest in people to unlock its productive potential, a senior official said. “People are the most valuable resource …
Salaries of public servants to be increased from Jan 2020: Fin Min
Sep 27, 2019 (LBO) - The monthly salary of all public servants will be increased by a minimum amount of 3000.00 rupees and, a maximum of 24,000.00 rupees per …
Ceylinco Life named one of Sri Lanka’s 10 most admired companies
Sep 27, 2019 (LBO) - Ceylinco Life Insurance was named among the 10 most admired companies in Sri Lanka at the 2019 edition of the International Chamber of …
Sri Lanka reserves at USD 8.3bn at end Jul 2019
Sep 26, 2019 (LBO) - Sri Lanka's gross official reserves stood at US 8.3 billion dollars by end July 2019, equivalent to 4.9 months of imports, the Central …
Sri Lanka trade deficit widens in July; export earnings decline
Sep 26, 2019 (LBO) - The trade deficit widened in July 2019 as exports fell more than the decline in imports, new data shows. Export earnings recorded a …
International expert calls for policy recalibration to support property development
Sep 25, 2019 (LBO) - The future of Sri Lanka’s economic development hinges on how domestic policies towards real estate evolve, particularly with respect to …
Ceylon Chamber’s ‘Future of Business’ event to help reimagine future of work
Reimagining the future of work, will be the focus of the Ceylon Chamber’s third consecutive ‘Future of Business’ innovation strategy and learning event. …
Youth leaders pressure governments and business for climate emergency
Sep 24, 2019 (LBO) - Youth leaders vowed continued pressure on governments and business for urgent action to address climate emergency at UN Youth Climate …
Tea top exporter Anverally and Sons wins 3 accolades
Recognised at Presidential Export Awards and National Chamber of Exporters’ Awards Anverally and Sons (Pvt) Ltd., one of Sri Lanka’s oldest and most …
Vehicle registrations marginally down in August 2019
Sep 23, 2019 (LBO) - Sri Lanka's total motor car registrations recorded 2,385 units in August down from 2,584 units in July and significantly down from 7,003 …
Teejay grabs ‘Best Exporter Award –Textile Sector’ at Presidential Export Awards
Teejay Lanka PLC, Sri Lanka’s only multinational textile manufacturer, was adjudged the Best Textile Exporter in Sri Lanka at the 2019 Presidential Export …
Global financial assets fall, SL economy slows: Report
Sep 20, 2019 (LBO) - Allianz’s Global Wealth Report, which puts the asset and debt situation of households in more than 50 countries/regions under the …
Enterprise Sri Lanka introduces mobile service islandwide
Sep 20, 2019 (LBO) - The Finance Ministry has made arrangments to reach the people and conduct Enterprise Sri Lanka mobile service island-wide in order to …
Germany, an important donor and technical partner for Vocational Training: Fin Min
Sep 19, 2019 (LBO) - For over six decades, Germany has remained Sri Lanka’s most important donor and technical partner for Vocational Training, Finance …
PM’s says economy stabilizing: looking at leapfrog growth trajectory
Sep 18, 2019 (LBO) - Sri Lanka's Prime Minister Ranil Wickremesinghe says the government's plans to put the island on a leapfrog trajectory to growth so that …
Sri Lanka launch survival guide for tourists
Sep 17, 2019 (LBO) - A “Survival Guide for Tourists” has been launched by the independent website for tourists: “Srilankaholidayguru.com.” The website, …