Sri Lanka bought planes instead of building houses: PM
Mar 10, 2016 (LBO) – Sri Lanka’s Prime Minister said on Thursday the nation is plagued with incompetencies of the former regime and the homeless could have …
LSE to shift Bangalore research facility to Sri Lanka
Mar 09, 2016 (LBO) – The London Stock Exchange (LSE) plans to shift its Bangalore-based research facility to Sri Lanka, a senior official said. online …
Sri Lanka stocks close down 1.2-pct, foreign inflow 602 mln rupees
Mar 09, 2016 (LBO) – Sri Lankan stocks closed down 1.2 percent with continued losses in index heavy stocks following a government announcement to …
CSE Rings Bell for Gender Equality
The CSE recently joined the Sri Lanka Institute of Directors (SLID), IFC – a member of the World Bank Group, UN Global Compact, UN Women, the World …
Sri Lanka to move prison out of Colombo, shift key buildings
Mar 09, 2016 (LBO) - Sri Lanka’s government is planning to shift key government offices including the Prison, President and Prime Minister’s residences …
Sri Lanka’s Laugfs Gas expands into Dubai
Mar 08, 2016 (LBO) - Sri Lanka's Laugfs Gas announced the expansion of it's regional presence with a new business venture in Dubai Multi Commodity Center …
Aravinda to Chair new selection committee for Sri Lanka Cricket, Sanga included
Mar 08, 2016 (LBO) – Sri Lanka’s Sports Minister has appointed a new National Cricket Selection Committee with immediate effect following recent failures …
Virtusa acquires majority interest in Polaris Consulting
Mar 07, 2016 (LBO) - Virtusa Corporation announced that its India subsidiary has acquired all of the outstanding shares of Polaris Consulting and Services …
Sri Lanka stocks close lower 0.06-pct
Mar 04, 2016 (LBO) – Sri Lankan stocks closed lower at 0.06 percent with losses in some index heavy stocks, stocks, brokers said. The Colombo benchmark All …
Sri Lanka’s first attempt to conquer Everest
Set to make history for the country, JayanthiKuru-Utumpala and Johann Peries will be the first Sri Lankans to attempt the 8,488m climb to the summit of Mount …
Interview: Sri Lanka’s national carrier eyes turnaround
Mar 02, 2016 (LBO) – SriLankan Airlines is poised for a shift in strategy, ranging from privatisation to network restructuring, in a bid to achieve sustained …
China positive on trade, investment says Malik after visit
Mar 02, 2016 (LBO) – China is positive about Sri Lanka’s prospects as a strategically located platform for trade, investment and tourism, a statement …
LOLC opens trading at the CSE
Lanka ORIX Leasing Company PLC (LOLC) rang the opening bell to commence trading at the Colombo Stock Exchange (CSE) today. Mr. Vajira Kulatilaka, Chairman of …
US calls on Sri Lanka to join Indo-Pacific Economic Corridor
Mar 01, 2016 (LBO) – United States called Sri Lanka to strengthen cooperation on issues of regional importance through multilateral organizations like the …
Huawei Mate 8 and GR5 says ‘Ayubowan’
Huawei together with its national distributor SINGER Sri Lanka introduced two latest flagship smartphones- Huawei Mate 8 and Huawei GR5 to Sri Lanka at a grand …
ANC Launches their Undergraduate Alumni Association at their ‘U.S. Night’
03rd February, COLOMBO, SRI LANKA- American National College launched their first U.S. Alumni Association at Water’s Edge recently at their ‘US …
ETCA can be a wake up call for Sri Lankans: professionals
Feb 25, 2016 (LBO) - Sri Lankan professionals say integration with India through the Economic and Technical Cooperation Agreement (ETCA) is a must for the …
Sri Lanka’s LOLC Group receives USD 247Mn syndicated loan
Feb 24, 2016 (LBO) – Sri Lanka’s Lanka Orix Leasing Group announced a landmark syndication to borrow 247 million US dollars from three financial …
Sri Lanka stocks down 0.2-pct
Feb 24, 2016 (LBO) – Sri Lankan stocks closed down at 0.18 percent with losses in some banking and finance sector stocks with low retail investor activity, …
REIT’s can open new doors for Sri Lanka’s real estate market
Feb 24, 2016 (LBO) – Sri Lanka’s property market will see new market space opening up with the introduction Real Estate Investment Trusts (REITs), a new …