ADB to help Sri Lanka expand Colombo port operations using PPP
Feb 24, 2016 (LBO) - The Asian Development Bank (ADB) and Sri Lanka Ports Authority (SLPA) signed a transaction advisory services agreement Tuesday to develop …
Sri Lanka to get 100Mn loan from ADB for SME sector
Feb 23, 2016 (LBO) – Sri Lanka’s government signed a loan agreement with the Asian Development Bank (ADB) to borrow 100 million US dollars to implement a …
Sri Lanka inflation NCPI decelerates 0.7-pct in Jan 2016
Feb 23, 2016 (LBO) - Sri Lanka’s consumer prices decelerated 0. buy zydena online …
Sri Lanka lending to increase to USD 2Bn by 2016: ADB President
Feb 23, 2016 (LBO) - Asian Development Bank said it will scale up lending to Sri Lanka to 2 billion US dollars in loans and equity in 2016 through 2018 …
Sri Lanka stocks up 0.7-pct
Feb 19, 2016 (LBO) – Sri Lankan stocks closed up at 0.67 percent with gains in most of the index heavy stocks, brokers said. The Colombo benchmark All …
ADB to lend USD 500Mn, shifting focus in Sri Lanka lending
Feb 19, 2016 (LBO) - The Asian Development Bank will lend 505 million dollars to Sri Lanka in 2016 and focus on new areas like private sector development, …
French Total inks oil exploration deal with Sri Lanka
Feb 18, 2016 (LBO) – Total, a French oil and gas company, has signed a deal with Sri Lanka to explore for oil in the island's east coast, a Petroleum …
Sri Lanka stocks close down 0.2-pct; Insufficient liquidity level
Feb 18, 2016 (LBO) – Sri Lankan stocks closed down at 0.19 percent with mixed investor sentiment and active trading in some banking sector stocks on earning …
Sri Lanka’s Orient Finance IPO backed by Janashakthi
Feb 18, 2016 (LBO) – Sri Lanka's Orient Finance initial public offering was backed by Janashakthi Insurance given the trying market conditions for raising …
Everjobs to expand job opportunities to smaller Sri Lanka towns
Feb 18, 2016 (LBO) – Everjobs, a Rocket Internet company subsidiary, wants to expand beyond Sri Lanka’s main cities this year and encourage more local …
Sri Lanka stocks close down 0.5-pct
Feb 17, 2016 – Sri Lanka’s stocks closed down at 0.53 percent with low investor activity due to economic and policy uncertainty, brokers said. The Colombo …
Sri Lanka’s hills to get new domestic airport
Feb 17, 2016 (LBO) – Sri Lanka’s Ministry of Transport and Civil Aviation said that a new domestic airport to land light aircraft's will be constructed in …
Alpha Fire Services launches new water mist technology to combat kitchen fires
Colombo. Tuesday 16 February 2016. Alpha Fire Services (Pvt) Ltd Sri Lanka will showcase the Proano Kitchen Water Mist Fire Suppression Systems, which are …
President visits Holocaust Memorial & Jewish Museum in Germany (In Pics)
Feb 17, 2016 (LBO) - Sri Lanka's President Maithripala Sirisena who arrived in Berlin on Tuesday (16) visited the Holocaust Memorial and the Jewish museum in …
Sri Lanka stocks close down 0.2-pct
Feb 16, 2016 – Sri Lanka’s stocks closed down at 0.19 percent with low investor activity and losses in Dialog Axaita and Hayleys, brokers said. The Colombo …
Oil Bills Shrink for Most APAC Sovereigns: Fitch
Feb 16, 2016 (LBO) - Falling oil prices – with the benchmark Brent crude having tumbled by 44 percent yoy as of 11 February 2016 and 75 percent from early …
Fitch Rates Hatton National Bank’s Subordinated Debt Final ‘A+(lka)’
Fitch Ratings-Colombo-16 February 2016: Fitch Ratings has today assigned Hatton National Bank PLC's (HNB, AA-(lka)/Stable) proposed subordinated debentures of …
New capital adequacy requirements for stockbrokers: CSE
Feb 16, 2016 (LBO) – Sri Lanka’s Colombo Stock Exchange (CSE) is in the process of implementing a Risk-based Capital Adequacy Requirement (CAR) for …
Guru.lk launches course on how to make money on the Internet
Can individuals make money safely and legitimately on the Internet? The answer according to Guru.lk is yes, and Sri Lanka’s leading edutainment website has …
Poverty in Sri Lanka down, revenue shortfall a concern: World Bank
Feb 16, 2016 (LBO) - Sri Lanka has reduced poverty to below 7 percent of the population but future prosperity will depend on addressing chronic revenue short …