Sri Lankan rupee rises as exporters, banks sell dollars
COLOMBO, Nov 7 (Reuters) - The Sri Lankan rupee traded firmer on Monday as dollar selling by exporters and banks outpaced demand for the greenback from …
International Forum offers investment and capacity building
Press Release: Hon. Malik Samarawickrama, Minister of Development Strategies and International Trade welcomed the participants of the 10th Annual Forum of …
Sri Lanka October tea prices reach record levels
Nov 04, 2016 (LBO) - Sri Lankan tea prices at the Colombo auctions were at an new monthly high in October 2016 as volumes fell but demand picked up. “Auction …
President assures CB bond issue investigation free from political interference
Nov 04, 2016 (LBO) - Sri Lanka's president assured that the investigation into Central Bank bond issue will be free from political interference and that there …
UBER launches new rider app
(PRESS RELEASE) - Colombo, November 2, 2016: Uber, the ridesharing app, today announced the launch of its new rider app, rebuilt completely from the ground up …
Asian shares slip, dollar nurses losses as US election looms
TOKYO, Nov 4 (Reuters) - Asian shares slipped on Friday and the dollar nursed losses in a week marked by growing uncertainty about the outcome of the U.S. …
Sri Lanka to call EOI’s for multi-modal transport hub
Nov 03, 2016 (LBO) - Sri Lanka's cabinet of ministers has approved for the Megapolis and Western Development Ministry to call for expressions of interest to …
Sri Lanka to establish independent agency for tenders
Nov 03, 2016 (LBO) - Sri Lanka's cabinet has given the nod to streamline the process and transparency on all state tenders by establishing an independent …
ADB gives USD60Mn for drinking water in Sri Lanka’s kidney disease prone areas
Nov 03, 2016 (LBO) - Sri Lanka has entered into a agreement with the Asian Development Bank to obtain 60 million dollars to implement clean drinking water …
Japan looks at SME business opportunities in Sri Lanka
Nov 02, 2016 (LBO) - Representatives from the World Business Society of Tokyo Small and Medium Enterprise Consultant Association (WBS) are currently visiting …
Haycarb records turnover of Rs.5.9Bn and PBT of Rs.458Mn for 1H 2016/17
(PRESS RELEASE) - The Sri Lankan multinational Haycarb PLC reported a revenue of Rs. 5.9 billion and profit before tax of Rs.buy xifaxan online buy xifaxan …
GSP+ final decision by May 2017, tangible progress needed: EU
Nov 02, 2016 (LBO) - National reconciliation, the empowerment of women and Sri Lanka’s application for the General System of Preferences (GSP+) were the main …
Aitken Spence Travels Brings in Russian Charter to Sri Lanka
(PRESS RELEASE) - Aitken Spence Travels, the premier destination management company in Sri Lanka in collaboration with Coral Travel & their airline charter …
Asian shares, dollar rattled by U.S. election uncertainty
TOKYO, Nov 2 (Reuters) - Asian shares stumbled and the U.S. dollar was on the defensive on Wednesday as signs that Republican U.S. presidential candidate …
Asia stocks, dollar wrestle with US political risk
SYDNEY, Nov 3 (Reuters) - Asia shares eased on Thursday while the U.S. dollar stayed on the defensive as a tightening U.S. presidential race saw the S&P 500 …
Sri Lanka ranks 31st in Global Youth Development Index
Nov 01, 2016 (LBO) - Sri Lanka has been ranked 31st in the Global Youth Development Index (YDI) 2016 based on a country’s condition for the youth in terms of …
DPL First six months records Rs.11.5Bn Revenue
(PRESS RELEASE) - Group turnover for the 1st half of the financial year was Rs. 11.5 billion, compared to Rs.10.9 billion for the same period of the previous …
Asia stocks wallow at 6-wk lows, China PMIs in focus; oil down
HONG KONG, Nov 1 (Reuters) - Asian stocks wallowed near six-week lows on Tuesday as investors braced for a looming raft of economic and central bank events, …
Sri Lanka’s VAT hike will keep IMF on track, credit positive: Moody’s
Oct 31, 2016 (LBO) - Sri Lanka's Value Added Tax (VAT) hike 15 percent from 11 percent will make the island credit positive as it will facilitate fiscal …
SriLankan Airlines named Best Full Service Airline in Central & South Asia
(PRESS RELEASE) - Colombo, October 28, 2016: SriLankan Airlines emphasized its positioning as an airline of choice among discerning global travelers by winning …