ADB, SL Uni’s ink deal of USD145Mn for science and tech higher education
Feb 14, 2019 (LBO) - The Asian Development Bank (ADB) and four Sri Lankan universities signed project agreements totaling US 145 million dollars under the ADB …
Sri Lanka Trade Min. launches digital platform for small, informal biz
Feb 14, 2019 (LBO) - Sri Lanka has began work on the first national digital data bank for its SMEs and entrepreneurs recently with the backing of a Singaporean …
Sri Lanka PM launches island’s first social innovation lab
Feb 14, 2019 (LBO) - The Citra Social Innovation Lab, co-developed by the Ministry of Science, Technology and Research and the United Nations Development …
Sri Lanka unemployment at 4.1-pct in Q3 2018
Feb 13, 2019 (LBO) - The number of unemployed persons is estimated as 346,998 during the third quarter 2018 or 4.1 percent, the Department of Census and …
Sri Lanka’s Access Engineering records Rs.1.6Bn PAT for nine months
Feb 13, 2019 (LBO) - Access Engineering PLC, releasing its interim financial statements for the nine months December, 31 2018 said the company has recorded …
Sri Lanka’s industrial production up by 1.2-pct in Dec 2018
Feb 13, 2019 (LBO) - The volume of industrial production in Sri Lanka has increased by 1.2 percent in the month of December, 2018 compared to the same period …
Hayleys records third quarter PBT of Rs.1.7Bn
Feb 12, 2019 (LBO) - Sri Lankan multinational, Hayleys PLC, recorded a strong all-round performance in the third quarter of 2018 (3Q18), as the Group turnover …
Sri Lanka tourist arrivals up 2.2-pct in Jan 2019
Feb 12, 2019 (LBO) - The total number of international tourist arrivals to Sri Lanka during January 2019 was 244,239. In comparison to January 2018, there is …
Central Bank clarifies issues on sale of ETI Finance Ltd
Feb 12, 2019 (LBO) - Sri Lanka's Central Bank says it has come to the notice of the Bank that some misinformation is circulating pertaining to ETI Finance Ltd …
UK based Flexicare sings up with BOI to manufacture disposable medical devices in Sri Lanka
Feb 08, 2019 (LBO) - Flexicare (Group) Limited, a UK manufacturer has gained BOI approvals to begin laying the foundation for its newest state of the art …
Teejay reports 9-month net profit of Rs 1.26Bn
Feb 08, 2019 (LBO) - Teejay Lanka PLC has achieved its fifth consecutive quarter of top and bottom line growth in the third quarter of 2018-19, demonstrating …
Haycarb records turnover of Rs.14.3Bn for 9 months ending Dec
Feb 07, 2019 (LBO) - Sri Lankan multinational Haycarb PLC reported revenue of Rs. 14.3 billion and profit before tax of Rs. 854 million for the nine months …
Sri Lanka Customs chief P.S.M. Charles reinstated
Feb 06, 2019 (LBO) - P.S.M. Charles has been reinstated as the Director General of Customs following the its trade union alliance launching a work-to-rule …
Appropriation Bill for 2019 presented in parliament
Feb 05, 2019 (LBO) - The Appropriation Bill for the year 2019 was presented in parliament by Minister Gayantha Karunathilaka, Tuesday. The Cabinet in early …
Fitch announce re calibration of Sri Lankan National rating scale
Feb 05, 2019 (LBO) - Fitch Ratings said today it will re-calibrate the Sri Lankan National Rating scale to reflect changes in the relative creditworthiness …
Political leaders failed to develop SL; No National government
Feb 05, 2019 (LBO) - President Maithripala Sirisena while addressing the nation during the Independence Day celebration touched on several political and …
Feature story: Seeds for a brighter future
Feb 01, 2019 (LBO) - Rajnikansan Arushanandi’s son Brideman is in Grade 5 but he knows more about gardening than she does. buy ciprodex online …
SLASSCOM hosts first-ever RPA Hackathon and Conference
Jan 31, 2019 (LBO) - The Sri Lanka Association of Software and Services Companies (SLASSCOM) will host the first-ever Robotic Process Automation (RPA) …
Colombo Port to get pilot boats for more efficient service
Jan 31, 2019 (LBO) - The Sri Lanka Ports Authority (SLPA) will sign an agreement with Colombo Dockyard PLC to build two pilot boats for Colombo Port enabling …
EU call for proposals to SWITCH-Asia II programme
Jan 31, 2019 (LBO) - The Delegation of the European Union (EU) will conduct two information sessions on the new Call for Proposals (CfPs) for the SWITCH-Asia …