Opinion: Budget 2018 – Will Clarity in Thought Translate to Clarity in Action?
By Kithmina Hewage &Harini Weerasekera Slow growth, declining export earnings and FDI inflows, and inadequate foreign exchange reserve cover characterize …
HNB pre-tax profit up by 4-pct to Rs. 16.8Bn upto Sept
(PRESS RELEASE) - Hatton National Bank Plc (HNB) continued its growth momentum to post a Group Profit before VAT and NBT of Rs. 20.7 billion while PBT to Rs. …
Sri Lanka to give Rs.15Bn as concessionary loans to target sectors: Finance minister
Nov 15, 2017 (LBO) - The Ministry of Finance says that it will create a credit scheme with the allocation of 15 billion rupees in target sectors for low …
ODEL heralds a bigger, bolder and ‘baubled’ Christmas
(PRESS RELEASE) - Big spaces, bigger brands and the biggest baubles you have seen have come into dramatic play this Christmas at Sri Lanka’s snazziest …
Sri Lanka Budget Keeps to IMF Plan But Fiscals Still Weak: Fitch
Nov 14, 2017 (LBO) - Fitch Ratings says Sri Lanka's budget for 2018 sticks broadly to the targets for fiscal deficit reduction under its three-year IMF …
EU gives Rs.5.4Bn to reduce poverty in Uva and Central Provinces
Nov 14, 2017 (LBO) – The European Union will contribute 5.4 billion rupees to reduce poverty in the Uva and Central provinces by improving the income of poor …
Hemas achieves revenue growth of 11.6-pct
(PRESS RELEASE) - Hemas Holdings PLC (HHL) and its subsidiaries achieved consolidated revenue of Rs.23.0 billion, a year-on-year (YoY) growth of 11.6% and …
Sri Lanka’s leading lights receive accolades at PropertyGuru Asia Property Awards 2017
(PRESS RELEASE) - PropertyGuru, Asia’s foremost online property company, has named the most outstanding developers condominium, residential and commercial …
Hayleys Advantis trains future Logisticians
Nov 13, 2017 (LBO) - Hayleys Advantis Limited with the aim of bridging the gap between academic qualifications and corporate requirements recently completed …
No investigation against war heroes for involvement in war: President
Nov 13, 2017 (LBO) - Sri Lanka's President Maithripala Sirisena says that no investigation has been conducted by the present government regarding war heroes …
D.P. Jayasinghe unveils Sri Lanka’s first-ever 3000mm diameter drilling rig
(PRESS RELEASE) - D.P. Jayasinghe Piling Co. (Pvt) Limited, one of the leading companies in the field of construction, and piling in Sri Lanka, unveiled a game …
Integrated Management of Risks Key to Success of Sri Lanka’s New Growth Model
Nov 02, 2017 (LBO) - To sustain growth, job creation and poverty reduction, Sri Lanka needs to move to a more private investment, tradable sector-led growth …
Sri Lanka Govt gives South Korean firms nod for LRT feasibility study
Nov 02, 2017 (LBO) - The cabinet of ministers has given the go ahead for two South Korean firms to do a pre-feasibility study for six Light Rail Transit …
Sri Lanka down one notch in Ease of Doing Biz rankings
Nov 02, 2017 (LBO) - Sri Lanka has slid one place to number 111 from 110 last year, according to the latest ranking released yesterday by the World Bank. In …
Opinion : Easy and Affordable Access to Finance, Lifeline for Female-centric MSMEs
By Janaka Wijayasiri and Dilani Hirimuthugodage Indrani is a 41-year-old cinnamon oil producer living in Meetiyagoda, Ambalangoda in the Galle district, which …
Sri Lanka’s NDB records PAT of Rs 3.3Bn in Q3
Nov 01, 2017 (LBO) - Sri Lanka's National Development Bank PLC (NDB) reported a 64 percent growth in its Profit After Tax over the comparative period to record …
Renuka Hotels to be listed on CSE’s Diri Savi Board
Nov 01, 2017 (LBO) - Sri Lanka's family owned Renuka Hotels, the main share holder of Renuka City Hotel Plc has announced that it has opted to list itself on …
Sri Lanka inflation up to 7.8-pct in Oct
Nov 01, 2017 (LBO) - Sri Lanka's Colombo Consumers Price Index (CCPI) for all items for the month of October 2017 was 120.buy flexeril online buy flexeril …
Sri Lanka should use technology to promote transparency and efficiency in businesses
Oct 31, 2017 (LBO) – Sri Lanka needs to reduce the number of institutions interfacing with traders and use technology to promote transparency and efficiency …
Business delegation from Shanghai visits Ceylon Chamber
(PRESS RELEASE) - A Chinese Business Delegation led by Council for the Promotion of International Trade Shanghai (CPIT Shanghai) visited the Ceylon Chamber of …