Sri Lanka’s Dialog launches first VoLTE network on 4G
Sep 01, 2016 (LBO) - Sri Lanka's Dialog Axiata, announced the launch of VoLTE (Voice over LTE), enabling ultra-high quality voice and video calls over its …
Sri Lanka approves 10 acres in Muthurajawela for solid waste energy
Aug 31, 2016 (LBO) - Sri Lanka's cabinet has approved leasing out 10 acres of land for implementing a project for generating electricity through solid waste. …
Sri Lankan rupee steady after cbank chief allays fears of upward pressure
COLOMBO, Aug 31 (Reuters) - The Sri Lankan rupee traded steady on Wednesday, a day after the country's Central Bank Governor Indrajith Coomaraswamy said the …
Ceylinco Life’s 6-month income up 14-pct to Rs 11 billion
(PRESS RELEASE) - Ceylinco Life has reported that total income grew 14 per cent to Rs 11.028 billion in the six months ending 30th June 2016, with robust …
World Bank positive about Sri Lanka’s progress, wants to increase aid: Ravi K
Aug 31, 2016 (LBO) – Sri Lanka’s Finance Minister says multilateral donor World Bank is keen to increase its aid following Sri Lanka rapidly achieving its …
Sri Lankan firms asked to implement ‘sourcing strategies’ during a Ceylon Chamber seminar
An expert asks Sri Lankan firms to have a sound ‘sourcing strategy’ in order to help improve the overall business performance by sourcing the rights …
Asia stocks bounce, dollar dips on Fed hike doubts
SYDNEY, Aug 30 (Reuters) - Asian shares bounced on Tuesday as doubts the Federal Reserve really would hike rates as soon as September undermined the dollar, …
China to fund Ratnapura expressway project
Aug 29, 2016 (LBO) - The EXIM bank of China has agreed to fund civil work construction of the proposed Ratnapura Expressway (73.buy avanafil online buy …
World Bank looks at further collaboration in Sri Lanka: South Asia VP
Aug 29, 2016 (LBO) – The World Bank says it will further support Sri Lanka’s journey towards higher growth and prosperity and this will require progress …
USS Frank Cable Arrives in Sri Lanka today
Aug 29, 2016 (LBO) - The USS Frank Cable (AS-40) will arrive in Sri Lanka for a routine refueling and port visit on August 29. During the visit, sailors from …
Sri Lankan horse owners make their mark in Mysore
(PRESS RELEASE) - La Donna, the fashionably bred 3 year old bay, daughter of multidimensional, out of Forest Treasure, bred at the Usha Stud, set the Mysore …
Most Asia stocks slide on Fed officials’ rate comments, dollar firms
SINGAPORE, Aug 29 (Reuters) - Most Asian share markets slipped on Monday while the U.S. dollar held firm on Monday after U.S. Federal Reserve Chair Janet …
Excise duty on diesel increased to Rs13 a litre; LIOC down 9.7 pct
Aug 26, 2016 (LBO) – Sri Lanka’s government has raised excise duty on diesel by 10 rupees a litre to 13 rupees, the Finance Ministry said in a statement. …
Huawei introduces “King of Fingerprint” series launching GR5 Mini in Sri Lanka
(PRESS RELEASE) - Huawei, the fastest growing smartphone in Sri Lanka announced the launch of its latest addition to the G Series family GR5 Mini to the …
Sri Lankan rupee steady; importer dollar demand offsets exporter selling
COLOMBO, Aug 24 (Reuters) - The Sri Lankan rupee was steady for an eighth session on Wednesday as exporter dollar sales were offset by importer demand for the …
Sri Lanka bottled water to have higher SLS standards
Aug 24, 2016 (LBO) – Sri Lanka’s Consumer Affairs Authority (CAA) will be enforcing plastic mineral water bottling standards starting September 1 following …
Asia stocks cement gains after recent rally, oil slips
HONG KONG, Aug 24 (Reuters) - Asian stocks consolidated recent gains on Wednesday, helped by Wall Street's rise overnight, even as oil prices slid after a …
Asian Regulatory Reforms to Increase Appetite for Reinsurance: Fitch
Fitch Ratings-Singapore/Hong Kong-22 August 2016: Fitch Ratings believes that various regulatory initiatives in the region could lead indirectly to greater …
VirtusaPolaris Receives Stevie Award for Investor Relations and Technical Innovation
(PRESS RELEASE) - WESTBOROUGH, Mass.,– VirtusaPolaris, the market-facing brand of Virtusa Corporation and Polaris Consulting & Services, Ltd., and a leading …
Sri Lankan rupee steady; importer dollar demand offsets exporter sales
COLOMBO, Aug 22 (Reuters) - The Sri Lankan rupee was steady for a sixth straight session on Monday as dollar sales by foreigners who bought government …