Sri Lanka BOI ink deal for USD29Mn Braybrooke Residential Towers
Nov 30, 2018 (LBO) - Sri Lanka's state investment agency, the Board of Investment signed an agreement with Braybrooke Residential Towers (Pvt) Ltd to set up an …
Sri Lanka Insurance gets new Chief and board
Nov 30, 2018 (LBO) - A new Chairman and board of Directors has been appointed to the Sri Lanka Insurance corporation with effect form 29 November 2018. …
Xiaomi officially enters the Sri Lanka market
Nov 30, 2018 (LBO) - New and innovative Chinese smartphone Xiaomi today announced its official entry into the Sri Lankan market to strengthen its presence and …
Sri Lanka to construct 60MW wind and 150MW solar power plants
Nov 29, 2018 (LBO) - Sri Lanka's cabinet of ministers has approved the procurement process for a policy framework for the construction of solar and wind power …
President reiterates appointing experienced and qualified professionals to Govt positions
Nov 28, 2018 (LBO) - Sri Lanka's cabinet of ministers emphasised appointing experienced and qualified professionals as chairpersons and director board …
Sri Lanka Cabinet approves funds for 2019 first quarter
Nov 28, 2018 (LBO) - The Cabinet of Ministers has approved a proposal to present a Vote on Account in order to secure provisions for 2019 first quarter. …
Sri Lanka’s retail industry to be a prominent and important pillar of the economy
Nov 28, 2018 (LBO) - Increasingly the significance of retail as an industry, as a value creator for the economy, as an employer and as a catalyst of growth …
Ceylinco Life appoints eminent banker Jegan Durairatnam to its Board
Ceylinco Life Insurance Limited (Ceylinco Life) has announced the appointment of career banker Jegan Durairatnam to its Board as an Independent Non-Executive …
Fin Min rebuts social media reports on alleged illegal instruction to Customs
Nov 27, 2018 (LBO) - The Finance Ministry issuing a statement denied any illegal instruction given by the Minister of Finance to the Sri Lanka Customs to …
SEC hosts APEC FRTI Regional Seminar on Enforcement and Litigation
The Securities and Exchange Commission of Sri Lanka (SEC) hosted a five day Asia Pacific Economic Cooperation (APEC) Financial Regulators Training Initiative …
7 member Supreme court bench to hear petitions against Parliament dissolution
Nov 27, 2018 (LBO) - Sri Lanka's Chief Justice Nalin Perera has appointed an additional four members to the Supreme Court bench to hear petitions filed against …
Sri Lanka’s Hela Clothing secures private capital infusion of Rs.1.2Bn
Nov 27, 2018 (LBO) - Hela Clothing Group, an apparel manufacturer has secured a capital infusion of 1. online pharmacy buy strattera with best prices today …
“Swimming upstream in politics for the betterment of Sri Lanka” : President
Nov 26, 2018 (LBO) - Sri Lanka's President Maithripala Sirisena says that he is swimming upstream in politics for the betterment of the future of the …
Mahinda reiterates need of general election and calls for public support
Nov 26, 2018 (LBO) - Mahinda Rajapaksa says there is no need to hold a presidential election at this stage but only a general election. In a special …
CMC illuminates in orange for activism against gender-based violence
Nov 26, 2018 (LBO) - Sri Lanka's Colombo Municipal Council, the Town Hall building shines bright in orange for 16 days, urging the need to foster a safer …
Sri Lanka rupee hits new low of Rs.180: Stocks down 0.34-pct
Nov 23, 2018 (LBO) - The Sri Lanka rupee dropped to a low of 180.66 against the US dollar following a political crisis, which began a month earlier in the …
Sri Lanka NCPI down 0.1-ct in Oct 2018
Nov 23, 2018 (LBO) - The National Consumer Price Index (NCPI) , for the month of October 2018, has declined to 0.1 percent from 0.9 percent in September …
Sri Lanka BoI ink four investment deals
Nov 23, 2018 (LBO) - The Board of Investment of Sri Lanka recently signed four agreements for projects in apparel, logistics, plant tissue and packaging, a …
President instructs all Govt. appointments should be cleared by his office
Nov 23, 2018 (LBO) - Sri Lanka's President has informed all Ministry Secretaries that all appointments should be first cleared from his Office. A circular to …
Sri Lanka’s political crisis puts IMF loan negotiations on hold
Nov 21, 2018 (LBO) - The International Monetary Fund (IMF) loan facility to Sri Lanka, approved in mid-2016, has been put on hold due to the islands …