Maldives elects new President: Abdulla Yameen concedes defeat
Sept 24, 2018 (LBO) - The Maldives, has voted Ibrahim Mohamed Solih, the opposition candidate, as the islands new President, foreign media reports said. …
“Sri Lanka Socio-Economic Data – 2018”, now available
Sept 24, 2018 (LBO) - “Sri Lanka Socio-Economic Data – 2018”, the annually published data folder of the Central Bank of Sri Lanka, is now available for …
Sri Lankan tech firm Auxenta in ‘30 Most Innovative Companies to Watch 2018’
Sept 21, 2018 (LBO) - The fast-growing boutique technology solutions firm, Auxenta, is proud to be named as one of ‘30 Most Innovative Companies to Watch for …
Sri Lanka’s rupee hits record lows as Central Bank hold rates
Sept 21, 2018 (LBO) - Sri Lanka’s rupee hit an all time low of 168.65/169.00 to the US dollar at the close of day Thursday down from 167.10 the day before …
World Bank says action needed to prevent impacts from climate change in Sri Lanka
Sept 20, 2018 (LBO) - Rising temperatures and changing rainfall patterns pose a threat to Sri Lanka and could reduce GDP and living standards, a new World Bank …
India gives Rs.300Mn grant to build cold storage for Sri Lanka’s fruits and vegetables
Sept 20, 2018 (LBO) - A Memorendem of Understanding has been signed between the Ministry of National Policies and Economic Affairs and the Government of India, …
Sri Lanka’s Access gets Col 02 land for Rs.1.1 Bn
Sept 20, 2018 (LBO) - Sri Lanka's cabinet of ministers has approved the lease of a prime land block in the Colombo's central business district to Access …
Cabinet nod for 500MW LNG plant in Kerawalapitiya
Sept 20, 2018 (LBO) - - The Ceylon Electricity Board has been given cabinet approval to sign an agreement with India's NTC to build and 500 Meggawatt …
Margin deposit requirement against LCs opened with commercial banks for vehicles
Sept 20, 2018 (LBO) - The Monetary Board of the Central Bank of Sri Lanka imposed a 100 per cent margin deposit requirement against Letters of Credit opened …
Pelwatte Dairy commissions new milk powder plant
Sept 19, 2018 (LBO) - Pelwatte Dairy Industries Limited, a local dairy manufacturer expanded its operations by commissioning a brand new milk powder plant …
Sri Lanka’s CAL facilitates first cross-border share transaction by local investment bank
Sept 19, 2018 (LBO) - Capital Alliance (CAL), recently performed Sri Lanka’s first ever transaction of overseas stocks, a statement said. CAL partnered with …
JICA support to improve solid waste management in Uva
(Press release) The Japan International Cooperation Agency (JICA) completed a pilot project to improve the Galapitagalayaya landfill site which is the final …
FAO-EU to support improving the role of women in agriculture through training
Sept 19, 2018 (LBO) - A two-day training programme on the integration of women in the agriculture sector was held with representatives from ministries, …
Sri Lanka records GDP growth of 3.7-pct
Sept 19, 2018 (LBO) - Sri Lanka has recorded a growth of 3.7 percent in Gross Domestic Product in the second quarter of 2018. Growth in the first quarter was …
USD 50Mn from ADB to support Enterprise Sri Lanka’s rooftop solar power project
Sept 19, 2018 (LBO) - The Enterprise Sri Lanka projects which was launched by the Ministry of Finance has received Rs 8 billion ( USD 50 Million) from the …
“Disrupt Asia 2018” emphasizes importance of continuity in collaboration, youth participation and industry development
(PRESS RELEASE) The 2018 edition of Disrupt Asia, Sri Lanka's Premier Start-up Conference and Innovation Festival, was successfully concluded recently at the …
SLASSCOM launches program with Uni of Colombo for data science and AI
Sept 18, 2018 (LBO) - The Center for Data Science, Department of Statistics, University of Colombo will launch a training program in fundamentals of data …
Iconic developers to invest USD50Mn in Sri Lanka’s real-estate
Sept 18. 2018 (LBO) - Singapore based property developer, Iconic said they are planning to invest US 50 million dollars in Sri Lanka's luxury/semi luxury and …
Sri Lanka rupee falls to new record low: ASPI down by 1.0-pct
Sept 18, 2018 (LBO) - Sri Lanka's rupee hit an all time low of 166. online pharmacy buy zofran with best prices today in the USA buy amoxicillin online …
Sri Lanka tops South Asia in human development index 2017
Sept 18, 2018 (LBO) - Sri Lanka has been classified under the “High Human Development” category, with a Human Development Index value of 0.770 , and ranked …