US to test Nestlé’s Maggi after product pulled from Indian shelves
June 13, 2015 (LBO) - United States Food and Drug Administration to test Maggi noodles, which was pulled out from Indian shelves, last week foreign media …
Sri Lanka stocks close up 0.1-pct following four days of losses
Jun 12, 2015 (LBO) – Sri Lanka’s stocks closed up at 0.14 percent following four days of losses with index heavy stocks making gains Friday, brokers said. …
Sri Lanka’s Global Glass to set up Double and Triple Glazed Units, Plans for regional exports
June 12, 2015 (LBO) – Sri Lanka’s Globe Mirror Industries, a glass merchant and a processor, rebranded as Globe Glass, said that it plans to set up a …
Sri Lanka Central Bank establishes legal and compliance Dept
June 12, 2015 (LBO) – The Central Bank of Sri Lanka said that it has established a ‘legal and compliance department’ to entrust the discharge of duties …
Sri Lanka stocks close down 0.2-pct; Foreigners net sellers
Jun 11, 2015 (LBO) – Sri Lanka’s stocks closed down at 0.17 percent for the fourth consecutive day, Thursday with index heavy stocks making losses and …
Singer Sri Lanka debenture oversubscribed
Jun 11, 2015 (LBO) – Singer Sri Lanka’s 15,000,000 rated senior secure redeemable debenture valued at 1,500,000,000 has been oversubscribed, the Company …
Sri Lanka’s President appoints more advisors
Jun 11, 2015 (LBO) – Sri Lanka’s former Prime Ministers, Ratnasiri Wickremanayake and D. M. Jayaratne were appointed as senior political advisors to the …
Developing countries to face tough challenges in 2015: World Bank
June 11, 2015 (LBO) – The World Bank says, that developing countries would face a series of tough challenges in 2015, including the looming prospect of …
Sri Lanka PM ordered UDA to stop land acquisition in the Colombo District
June 11, 2015 (LBO) - Sri Lanka’s Prime Minister Ranil Wickramasinghe instructed Urban Development Authority to immediately stop land acquisition activities …
Sri Lanka stocks close down 0.6-pct; JKH reaches 52 week low
Jun 08, 2015 (LBO) – Sri Lanka’s stocks closed down at 0.62 percent with losses in index heavy and banking stocks, brokers said. The Colombo benchmark All …
Sri Lanka’s NDB to issue debenture
June 08, 2015 (LBO) – Sri Lanka’s National Development Bank says it will issue 75,000,000 debt with room to offer further. online pharmacy buy estrace with …
Tourist arrivals in Sri Lanka up 26-pct in May 2015
Jun 06, 2015 (LBO) - Tourist arrivals in Sri Lanka increased 26 percent from a year earlier to 113,529 in May 2015, with growth in seen in the Chinese and …
John Keells Hotels says social media and online marketing will boost brand presence
June 5, 2015 (LBO) – Sri Lanka’s John Keells Hotels, a leading hotel operator with a portfolio of 11 hotels and 1,336 rooms in Sri Lanka and Maldives says …
Netherlands To Explore Opportunities In Sri Lanka’s Dairy Sector
Jun 05, 2015 (LBO) - A Dutch delegation of dairy companies will visit Sri Lanka in June to explore doing business with local firms and support the island’s …
Sri Lanka’s Finance ministry to fund halted projects in Colombo
June 5, 2015 (LBO) – Sri Lanka’s Finance Minister Ravi Karunanayake yesterday said that the government will allocate 1,296 million rupees for 390 projects …
Cycling Culture Can Help Cure Sri Lanka’s Road Congestion: Min Ranawaka
Jun 04, 2015 (LBO) - Cycling can help reducing the congestion on Sri Lanka urban roads and conserve energy, Minister of Power and Energy said. “A vehicle …
Sri Lanka’s T-bill yields close flat on Wednesday
June 3, 2015 (LBO) – Sri Lanka’s Treasury bill yields close flat at Wednesday’s auction with 3-months yield unchanged at 6.07 percent while 6-month …
LBR LBO Enterprise Summit 2015 – Sri Lanka – “Technology Drives Disruption: Embrace or Face Extinction” – 14 July 2015
Topic: Sri Lanka – Technology Drives Disruption: Embrace or Face Extinction Date/Time: Tuesday 14th July 2015 | 0845 - 1800 Hrs Venue: Oak Room, Cinnamon …
Ceylinco Insurance Separates General And Life Businesses
June 03, 2015 (LBO) - Sri Lanka’s Ceylinco Insurance said that it separated its insurance business to continue as two different entities- Ceylinco Life …
Ceylon Cold Stores Says Health Concerns May Impact Carbonated Soft Drink Market
June 3, 2015 (LBO) – Sri Lanka’s Ceylon Cold Stores says that the growth potential for carbonated soft drinks may be limited due to growing health concerns …