Sri Lanka targets USD2.5Bn FDI in 2018
Oct 05, 2018 (LBO) - Sri Lanka is targeting 2.5 billion US dollars worth of foreign direct investments (FDI) for 2018 from 1.63 billion US dollars in 2017, a …
President, NEC hold discussions on devaluation of rupee and economy
Oct 05, 2018 (LBO) - Special attention was drawn at a discussion regarding the promotion of Sri Lanka’s export sector and managing the devaluation of the …
Fin Min calls public proposals for Budget 2019
Oct 05, 2018 (LBO) - Sri Lanka's Finance Ministry has called on all stakeholders and professional bodies to present their proposals for the 2019 Budget. …
Sri Lanka tea prices marginally up in Sept 2018
Oct 04, 2018 (LBO) - Auction average for the month of September 2018 totalled Rs.537.77 compared to Rs.534.02 of August 2018 showing a marginal increase of …
M Power Capital raises Rs 1.5Bn in corporate debt
(PRESS RELEASE) - Sri Lanka's M Power Capital Limited (MPC) initially focused on mergers and acquisitions, other corporate finance advisory mandates and …
Illicit tobacco: Tackling the threat to national law and order
(PRESS RELEASE) - RIU - Increasingly the illicit tobacco network is becoming a threat to national law and order as well as security. Benefitting from access …
Reigning Miss World visits Sri Lanka
Key officials of the Miss World Organization including the Reigning Miss World arrived in Sri Lanka on Sunday 30th September on an exploration visit of the …
Young people at the centre of social innovation and entrepreneurship: UN
Oct 03, 2018 (LBO) - Today’s generation of young people is the largest the world has ever known. online pharmacy buy diflucan with best prices today in the …
327 new Chartered Accountants, 158 conferred FCA designation: CA Sri Lanka
Oct 03, 2018 (LBO) - The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) conferred the distinguished Associate Chartered Accountants (ACA) …
Govt. expenditure for 2019 Rs.4,376Bn : Budget deficit 4.1-pct
Oct 02, 2018 (LBO) - As per the Appropriation Bill, which was presented to the Cabinet recently by Finance and Media Minister, Mangala Samaraweera, next …
SLASSCOM to host multiple events in Norway and Sweden coinciding with PM’s visit to Oslo
Oct 02, 2018 (LBO) - The Sri Lanka Association for Software and Services Companies (SLASSCOM) will host multiple events in Norway and Sweden with the …
ADB provides USD300Mn for elevated highway
Sept 28, 2018 (LBO) - The Asian Development Bank’s (ADB) has approved a US 300 million dollar loan to help in the construction of about 5.3 kilometers (km) …
FM statement on misreporting of CID investigation regarding Namal Kumara
Sept 27, 2018 (LBO) - The Criminal Investigation Department (CID) is conducting investigations into serious allegations of an alleged conspiracy to …
Collapse of rupee and yahapalana govt.’s economic mismanagement: MR
Sept 26, 2018 (LBO) - The Rupee has depreciated steadily against the US Dollar ever since the yahapalana government came into power - a trend which has now …
Millennium Challenge Cooperation to grant USD 480Mn to Sri Lanka
Sept 26, 2018 (LBO) - United States will provide a US$ 480 million grant to Sri Lanka for several development projects, a statement said. President Maithripala …
Sri Lanka’s looks at adaptive social protection to protect poor,vulnerable from disasters
Sept 26, 2018 (LBO) - The key concerns for Sri Lanka are less about extreme poverty; and more about vulnerability to an array of risks like disaster and the …
Appropriation Bill to parliament second week of October
Sept 25, 2018 (LBO) - Sri Lanka's cabinet has approved the Appropriation Bill proposed by Finance Minister Mangala Samaraweera, to be presented in Parliament …
President to address UN General Assembly today
Sept 25, 2018 (LBO) - President Maithripala Sirisena arrived in New York to attend the 73rd Session of the United Nations General Assembly (UNGA), Sunday. …
Feature: Building Sri Lanka’s resilience to climate change
By World Bank 38-year-old Sivasidambaram Vasugi is the General Manager of one of the first cooperative-owned seed paddy processing centers in Killinochchi, Si …
Maldives elects new President: Abdulla Yameen concedes defeat
Sept 24, 2018 (LBO) - The Maldives, has voted Ibrahim Mohamed Solih, the opposition candidate, as the islands new President, foreign media reports said. …