Sri Lankan rupee edges down on importer dollar demand
COLOMBO, May 11 (Reuters) - The Sri Lankan rupee was marginally weaker in early trade on Wednesday on importer dollar demand, but its decline was limited as …
MasterCard announces new platform to enhance processing capabilities
May 11, 2016 (LBO) - MasterCard launched MasterCard Integrated, a payments processing services platform that powers it’s payment transaction services, the …
Interview: Sri Lanka Petroleum Act to parliament by July
May 11, 2016 (LBO) – The new Petroleum Resources Development Act is expected to bring in far-reaching changes and will be enacted soon, a senior Sri Lankan …
Japan’s Sony and Fujisoft ink deal with Sri Lanka’s Smart Metro
May 10, 2016 (LBO) - Smart Metro, a Sri Lankan based software development company signed two separate agreements with Sony Corporation and Fujisoft Inc, …
Sri Lanka seeks FTAs with Singapore, Malayasia and Turkey
May 06, 2016 (LBO) – Sri Lanka is exploring free trade agreements with Singapore, Malaysia and Turkey, a minister said. online pharmacy buy diflucan with …
Trinco to be developed as agri and energy hub
May 05, 2016 (LBO) – Sri Lanka’s cabinet has decided to approve a planning review to be done to develop Trincomalee and surrounding cities in the islands …
Tourist arrivals in Sri Lanka up 20.0-pct upto April
May 04, 2016 (LBO) – Sri Lanka’s tourist arrivals for the first four months were up 20 percent to 721,185, official data said. In April arrivals rose 11.6 …
New agencies to fast track Sri Lanka investment approvals
May 04, 2016 (LBO) – Sri Lanka’s government will fast track the approval of investment projects through the setting up of two new agencies, a state …
Chevron plans to expand local and regional presence
May 04, 2016 (LBO) – Chevron Lubricants Lanka said that they have no immediate plans to go to new markets but will focus on growing local and regional …
Com Bank inks deal with Bank Muscut Oman for money transfers
May 03, 2016 (LBO) - Sri Lanka’s Commercial Bank of Ceylon has formalised its tie-up with the Bank Muscat Oman to facilitate remittances to Sri Lanka. …
WCIC to recognize outstanding businesswomen at the ‘Woman Entrepreneur of the Year Awards’
27 April 2016: Women’s Chamber of Industry and Commerce (WCIC) once again will lend voice to amplify the good work that women in businesses are doing in the …
BOI signs 19 agreements worth Rs.319Mn in March 2016
Apr 28, 2016 (LBO) – Sri Lanka’s Board of Investment signed a total of 19 new investment agreements in varied sectors in March 2016, the investment agency …
Sri Lankans named in Panama Papers expected in May
Apr. 27, 2016 (LBO) - The International Consortium of Investigative Journalists said they will release on May 9th a searchable database with information on …
Fastest population shift in history, opportunity or threat to Asia?
Apr 27, 2016 (LBO) - If countries do not start planning for the rapid Asian demographic change, they will miss out on a unique opportunity to boost growth and …
Sri Lanka Lotus Tower land deed still not cleared
Apr 26, 2016 (LBO) – The Lotus Tower or Nelum Kuluna’s land is still in dispute and awaiting approval from the Urban Development Authority, a senior …
A new political culture will be introduced after May 01: President
Apr 26, 2016 (LBO) - Sri Lanka's President Maithripala Sirisena says he will introduce a new political programme in the country after May 01 and take several …
Sri Lanka PUCSL says no to CEB’s emergency power plant request
Apr 25, 2016 (LBO) – Sri Lanka’s power regulator, Public Utilities Commission of Sri Lanka (PUCSL) in a letter denied the CEB a request to buy a 55 MW of …
Sri Lanka’s transport reforms lack political will: Kumarage
Apr 22, 2016 (LBO) – Sri Lanka’s politicians should lead from the front and drive much needed transport reforms which have evolved through changes in …
Sri Lanka tea sees better demand for high grown small leafs
Apr 20, 2016 (LBO) – Sri Lanka’s tea at auction offerings saw good demand all round with better demand for high grown small leaf teas, Forbes & Walker …
CEB responds to shortcomings pointed out by power regulator
Apr 20, 2016 (LBO) - Sri Lanka’s Ceylon Electricity Board (CEB) has responded to shortcomings pointed out by the Public Utilities Commission of Sri Lanka …