Sri Lanka ratifies the ILO Maritime Labour Convention
Jan 16, 2016 (LBO) - Sri Lanka recently deposited the instrument of ratification with the International Labour Office (ILO) of the Maritime Labour Convention, …
Nestle Lanka invests in new manufacturing facility
Jan 14, 2017 (LBO) - Nestlé Lanka layed the foundation stone for a new manufacturing facility at its factory in Pannala, Kurunegala, as commitment to …
Foreign investors for over USD300,000 to get resident visas in Sri Lanka
Jan 13, 2017 (LBO) - Sri Lanka's Finance Minister said that foreigners who make a minimum investment of 300,000 US dollars will see a range of benefits …
Australia to boost Sri Lanka tourism skills with Rs1.6 bln
Jan 13, 2017 (LBO) - The Australian government will provide 1.6 billion rupees in aid and technical assistance, over four years, to strengthen Sri Lanka’s …
Airport running smoothly despite day-time runway shut down : SriLankan
(PRESS RELEASE) - Wednesday, January 11, 2017, Colombo: SriLankan Airlines is pleased to note that despite the closure of the runway during the daytime hours …
Asian shares wobble, dollar on track for losing week
TOKYO, Jan 13 (Reuters) - Asian shares dipped on Friday but remained on track for weekly gains while the dollar was poised for a losing week, as …
Fitch affirms nine Sri Lankan banks, revises sector outlook to negative from stable
Jan 13, 2016 (LBO) - Fitch Ratings, a credit ratings agency has affirmed the long-term issuer default ratings (IDRs) of nine local banks and revised its sector …
European Commission proposes restoring Sri Lanka’s GSP+
Jan 11, 2017 (LBO) - The European Commission said it proposed to the European Union to remove significant import duties on Sri Lankan products, to restore GSP …
New offers for Sri Lankan travelers on Emirates
(PRESS RELEASE) - Sri Lanka, 11 January 2017 – New year, new adventures. Emirates is making it even more attractive for globalistas travelling from Sri Lanka …
Sri Lanka tea see good demand at auction
Jan 11, 2016 (LBO) - Sri Lanka tea’s weekly Auction concluded seeing good demand with high grown tea prices recording gains and low grown teas fluctuating, …
Singer crosses Rs.1bn worth Huawei smartphone sales in December, Records 77-pct sales growth in 2016
(PRESS RELEASE) - Huawei, a leading smartphone brand in Sri Lanka, announced that Singer Sri Lanka, the exclusive national distributor for Huawei …
Stocks shaky as oil slump, ‘hard’ Brexit fears dim mood
SINGAPORE, Jan 10 (Reuters) - Asian stock markets were on the back foot on Tuesday as risk appetite evaporated overnight after the year's strong start, …
Sri Lanka’s credit rating upgrade depends on IMF compliance: Fitch
Jan 10, 2017 (LBO) - Sri Lanka's potential improvements in sovereign credit profiles will depend on the country's level of compliance with IMF conditions, as …
Sri Lanka to receive GSP+ concession next week: President
Jan 09, 2017 (LBO) - President Maithripala Sirisena says he has received information that Sri Lanka will receive the GSP+ trade concession next week, marking a …
President launches Mövenpick’s Five-Star Colombo Hotel
Jan 09, 2017 (LBO) - Sri Lanka's President Maithripala Sirisena inaugurated the Mövenpick Hotel in Colombo, Saturday. online pharmacy buy ciprodex with best …
Sri Lanka govt. decides to reduce tax for imported rice
(PRESS RELEASE) - The government decides to reduce tax on imported rice with effect from midnight today in order to bring relief to the people who are affected …
Volvocars Srilanka launches car showroom and full-fledged service facility
(PRESS RELEASE) - Colombo, Sri Lanka.Volvo Cars Sri Lanka, a new subsidiary under the IWS Holdings Group, hosted the grand launch of its state-of-the-art …
Stuart Chapman to Steer Janashakthi Life in New Direction
(PRESS RELEASE) - Janashakthi Insurance PLC, a leading Insurance provider in Sri Lanka, announced the appointment of Stuart Chapman as Director/Chief Executive …
CCC seeks business community support for CBSL independence
Jan 06, 2017 (LBO) - Sri Lanka's leading business chamber has called on the business community to support and embrace the Central Bank's Roadmap 2017 which …
Sri Lanka tea auction prices up, good demand
Jan 05, 2017 (LBO) - Sri Lanka tea's first Auction of the year concluded seeing good demand with high grown tea prices recording gains and low grown teas …