EU-Sri Lanka investor dialogue discusses liberalization of shipping sector
Mar 18, 2019 (LBO) - The 8th EU-Sri Lanka investor dialogue was held at the Ministry of Development Strategies and International Trade and many outstanding …
Making Sri Lanka go to the ‘MICE’
Whilst Sri Lanka continues to show a year-on-year growth in tourists, the focus thus far has only been on the number of tourists coming in, instead of the cash …
Sri Lanka vehicle registrations slowed in Feb. 2019 on slowing demand
Mar 18, 2019 (LBO) - Sri Lanka recorded total car registrations at 2,347 units in the month of February 2019 significantly down from 3,147 units the previous …
President to launch National Action Plan for combating bribery and corruption today
Mar 18, 2019 (LBO) - Sri Lanka's President Maithripala Sirisena will launch a National Action Plan for combating bribery and corruption, Monday. Four …
SLASSCOM People Summit 2019 to feature Bill Duane, Google’s ‘superintendent of wellbeing’
Mar 18, 2019 (LBO) - SLASSCOM’s 2019 People Summit sees a change in its traditional technologically themed content, to sound a more humanistic beat. Titled …
Fitch Assigns Sri Lanka’s USD Bonds Final ‘B’ Rating
Mar 14, 2019 (LBO) - Fitch Ratings has assigned a final rating of 'B' to the following bonds issued by Sri Lanka on 7 March 2019: USD1 billion 6.85% bond …
Sri Lanka’s new tourism advisory committee gets down to work
Mar 14, 2019 (LBO) - With an eye on achieving the targeted 3 million tourist arrivals this year, a newly constituted Tourism Advisory Committee has been …
Sri Lanka reserves at USD 6.9Bn at end 2018: Trade deficit declined
Mar 14, 2019 (LBO) - The trade deficit declined significantly in December 2018 (year-on-year) with a notable deceleration in import expenditure, data shows. …
Mandatory provisions regarding separation of Chairman/CEO roles, awaiting public consultation: SEC
Mar 14, 2019 (LBO) - The corporate governance provisions for the separation of the chairman and chief executive officer roles in listed companies, were to be …
Sri Lanka estate workers daily wage hiked to Rs. 800 from April 01st : Fin Min
Mar 13, 2019 (LBO) - Sri Lanka's Finance Minister said estate workers will receive a 800 rupees daily wage from the present 700 rupees from April 01st 2019. …
UK’s Flexicare launches USD 10Mn health care manufacturing facility in SL
Mar 13, 2019 (LBO) - Flexicare Lanka (Pvt) Ltd., a fully owned subsidiary of Flexicare Group, UK launched the construction of a state-of-the art modern …
Fuel prices increased; Petrol hiked to Rs.132
Mar 13, 2019 (LBO) - Sri Lanka Government increased the price of petrol (92 Octane) by 3 rupees to 132 rupees a litre and auto diesel by 1 rupee to 104 rupees …
France’s Michelin eyes Sri Lanka for new operations
Mar 13, 2019 (LBO) - A delegation from Michelin, the French tire manufacturing giant met with the Board of Investment Chairman Hemasiri Fernando and Champika …
LSEG appoints Dee Liyanwela as head of LSEG Technology Sri Lanka
Mar 12, 2019 (LBO) - The London Stock Exchange Group (LSEG) announced Dee Liyanwela has been appointed as the Head of LSEG Technology Sri Lanka, in addition to …
SL foresee digitalization and 5G as ‘Energy Pill’ for Economic Growth: Min Harin
Mar 12, 2019 (LBO) - Sri Lanka’s Minister of Telecommunication, Foreign Employment and Sports, Harin Fernando pointed out government’s aim is to make Sri …
SL fiscal consolidation plans challenging without policy effectiveness and faster growth
Mar 12, 2019 (LBO) - Achieving Sri Lanka's deficit and debt targets will be challenging without a significant increase in fiscal policy effectiveness and …
Interview : Present and future trends in real-estate and condo market in Sri Lanka
Mar 11, 2019 (LBO) – The Blue Ocean Group of Companies has grown into a versatile conglomerate over the past few years. The group of companies engage in …
Breakthrough Business Intelligence identify points about evolving Sri Lankan consumer
Mar 08, 2019 (LBO) - As Sri Lanka steps-up to middle income status, Sri Lankans are stepping up to new opportunities and challenges. Based on their experience …
Sri Lanka’s former CB Gov. Mahendran on INTERPOL red alert for 2nd time
Mar 07, 2019 (LBO) - Sri Lanka's President Maithripala Sirisena said the INTERPOL has issued a red notice for the arrest of absconding former Central Bank …
Japan grants USD1.4Mn to UNFPA to improve access to sexual & reproductive health
Mar 07, 2019 (LBO) - The Government of Japan and the United Nations Population Fund (UNFPA) in Sri Lanka signed an agreement, granting US 1.4 million dollars …