Sri Lanka export up 15.5-pct, Trade deficit widens
Oct 19, 2017 (LBO) - Sri Lanka's earning from exports increased by 15.5 percent (year-on-year) to US 1,001 million dollars in August 2017 with growth seen in …
Sri Lanka’s growing informal hotel sector to pressure operating cash flows
Oct 17, 2017 (LBO) - Fitch Ratings expects Sri Lanka’s hotels sector to face price competition from the growing informal sector and alternative accommodation …
Sri Lanka’s CIC buys specialty fertilizer firm for Rs.238Mn
Oct 17, 2017 (LBO) - Sri Lanka’s CIC Holdings, a subsidiary of CIC Holdings said it acquired a 70 percent stake in Unipower (Pvt) Limited, a firm that …
Dialog launches South Asia’s First NB-IoT service
Oct 16, 2017 (LBO) - Sri Lanka's Dialog Axiata PLC, has launched on it's 4G network the Narrowband Internet of Things (NB-IoT) enabling seamless connectivity …
Sri Lanka’s poor will benefit from more economic freedom
Oct 16, 2016 (LBO) - Sri Lanka's poor stands to gain big benefits if more economic freedoms are given, while businesses and foreign investors will also be …
OPEC gives USD 18Mn for Sri Lanka’s Kaluganga Development Project
Oct 16, 2017 (LBO) - Sri Lanka's government has signed a loan agreement for an additional US 18 million dollars form OPEC Fund for the Kaluganga Development …
Opinion: Building Resilience for Climate-induced Disasters in Sri Lanka
By Kanchana Wickramasinghe With the arrival of monsoon rains, Sri Lanka is just seeing the end of the drought that impaired many parts of the country.However, …
Frontier markets show divergent credit paths: Moody’s
(PRESS RELEASE) - Moody’s Investors Service says that frontier markets (FMs) will show differentiated credit exposure to rising interest rates globally, …
Virtusa Corporation up 13 notches in global FinTech Rankings 2017
Oct 11, 2017 (LBO) - Virtusa Corporation (NASDAQ GS: VRTU), a global business consulting and IT outsourcing company said it has been recognized among the …
Sri Lanka’s Pan Asia Bank secures USD33Mn for green lending business
Oct 11, 2017 (LBO) - Sri Lanka's Pan Asia Banking Corporation (PABC) has secured a US 33 million dollar funding arrangement with the Global Climate Partnership …
Sri Lanka warned of inadequate policies and programmes to address aging issues
Oct 10, 2017 (LBO) - Population projections show that the proportion of Sri Lankans above the age of 60 years will increase from 14 percent in 2017 to 22 …
UN expert on transitional justice to review progress in Sri Lanka
Oct 10, 2017 (LBO) - The United Nations Special Rapporteur on the promotion of truth, justice, reparation and guarantees of non-recurrence, Pablo de Greiff, …
Sri Lanka tourist arrivals down in Sept, Indian arrivals surge
Oct 10, 2017 (LBO) - Tourist arrivals to Sri Lanka were down 2. online pharmacy buy cipro with best prices today in the USA buy renova online …
Sri Lanka’s Appropriation Bill 2018 before Parliament today
Oct 09, 2017 (LBO) - Sri Lanka's state Minister of Finance Eran Wickramaratne will present the Appropriation Bill to parliament on 09th October 2017. buy …
Sexual medicine experts to gather in Colombo for regional meet
Oct 04, 2017 (LBO) - Sri Lanka will host the third biennial meeting of the South Asian Society for Sexual Medicine (SASSM) from the 19th to the 21st of …
Sri Lanka’s long awaited LNG discovery to come into operation by 2021
Oct 03, 2017 (LBO) - Sri Lanka plans to commercialize the natural gas discoveries in one of the gas blocks in the Mannar Basin by 2021, Petroleum Resources …
ADB gives USD 900Mn for rural connectivity program in Sri Lanka
Oct 03, 2017 (LBO) - The Asian Development Bank’s (ADB) Board of Directors has approved financing of up to 900 million dollars for a program that will …
Mohan Pandithage named new Chairman of Singer, Dhammika to Co-Chair
Oct 03, 2017 (LBO) - Sri Lanka's Singer (Sri Lanka) which was recently acquired by Hayleys Plc has appointed, Mohan Pandithage as Chairman and Dhammika Perera …
Mastercard arms issuers with tool to combat account related fraud from data breaches
Oct 02, 2017 (LBO) – Mastercard announced the launch of Early Detection System, a new service that helps reduce fraud-related costs while improving the …