SLASSCOM and Norway sign letter of intent for ICT development and entrepreneurship
Mar 06, 2019 (LBO) - The Sri Lanka Association of Software and Services Companies (SLASSCOM) and the Norwegian Ministry of Foreign Affairs expressed their …
Budget 2019 will empower people and nurture poor: Fin Min
Mar 05, 2019 (LBO) - Sri Lanka's Budget – 2019 will focuses on Enterprise Sri Lanka empowering the people and nurturing the poor, the Finance Ministry said. …
Sexual harassment in public transport: Speak up, intervene and be the change
Mar 05, 2019 (LBO) - “I was travelling in a bus when the man seated next to me started to touch my thigh, while he was pretending to sleep. When I …
Prima Ceylon eyes more investments as it completes 40 years in Sri Lanka
Feb 28, 2019 (LBO) - Prima Ceylon, the flagship company of the Prima Group Sri Lanka, celebrated four decades of successful partnerships and growing together …
LearnWare inspiring and empowering children through computer coding and robotics studies
(PRESS RELEASE) LearnWare, the professional kids’ Academy, is pleased to announce its much sought inauguration in January this year in the heart of Colombo …
Laugfs unveils second solar-powered fuel station in Sri Lanka
Feb 27, 2019 (LBO) - Setting another benchmark in the fuel retailing industry in Sri Lanka, Laugfs Southern Petroleum launched the country’s second …
Resus Energy to invest Rs.1.3Bn in hydro and solar power projects in Sri Lanka
Feb 26, 2019 (LBO) - Resus Energy PLC a renewable energy firm says they will be investing a staggering 1.3 billion rupees hydropower and solar power projects …
Sri Lanka’s Ceylinco Life posts income of Rs.29.2Bn; PBT of Rs7.2 Bn in 2018
Feb 26, 2019 (LBO) - Ceylinco Life has reported total income of 29.21 billion rupees for the year ending 31st December 2018 and recorded premium income of 17.8 …
Sri Lanka’s Comm Bank reports operating profit Rs.31.6Bn for the year ended Dec 2018
Feb 25, 2019 (LBO) - The Commercial Bank of Ceylon PLC has reported an operating profit of 31.6 billion rupees for the year ended 31st December 2018, …
JW Marriott Hotel and residences tower officially launched in Sri Lanka
Feb 25, 2019 (LBO) - The One Transworks Square officially launched phase two of its high end luxury development project with the launch of its second tower, …
Sampath Bank Basel III compliant debenture oversubscribed
Feb 22, 2019 9LBO) - Sampath Bank announced that its third BASEL III compliant Debenture issue, to raise 7 billion rupees, had been oversubscribed within a …
Next RIU international investor forum to kick-off in the Maldives
(PRESS RELEASE) - As part of an ongoing and sustained effort to connect Sri Lankan businesses with the global diaspora and with foreign investors looking at …
Sri Lanka Tea export volumes and revenue up in Jan 2019
Feb 21, 2019 9LBO) - Sri Lanka tea export volumes for the month of January 2019 totalled 23.6 M/kgs, showing a gain of 2.7 M/kgs from the same period last …
Seylan Bank reports PAT of Rs.3,189Mn for year ended 31st Dec 2018
Feb 21, 2019 (LBO) - In a challenging external environment, Seylan Bank recorded a Profit-after-Tax of Rs. 3,189 Million for the year ended 31st December 2018 …
Five few BOI projects to start in Jaffna
Feb 20, 2019 (LBO) - The Jaffna District is one of the main districts in the Northern Province which the Board of Investment (BOI) has targeted for development …
Japan’s Odakyu Group partners TAD Group for Rs.4.5Bn investment in Sri Lanka
Feb 21, 2019 (LBO) - Japan's Odakyu Group, a firm with interests in transport, real estate and retail together with the TAD Group is expecting to investment …
Reducing gender gap boosts Sri Lankan economy, says WB VP for South Asia Region
Feb 20, 2019 (LBO) - The World Bank Vice President for South Asia Region, Hartwig Schafer concluding his three-day visit to Sri Lanka said the banks is …
Dialog records Rs.7.5Bn net profit for FY 2018, Invests Rs.30.6Bn in broadband infrastructure
Feb 18, 2019 (LBO) - Dialog Axiata PLC announced, Friday 15th February 2019, its consolidated financial results for the year ended 31st December 2018. …
MV Beijing Bridge makes maiden call at Colombo Port
Feb 18, 2019 (LBO) - MV Beijing Bridge under its AGI Service made the maiden call at the Port of Colombo’s Sri Lanka Ports Authority (SLPA) controlled …
Sampath Bank records PBT of Rs18.3Bn for 2018
Feb 15, 2019 (LBO) - Sampath Bank recorded a profit before tax (PBT) of 18.3 billion rupees for the year ended 31st December 2018, up by 10.5 percent from a …