Fin Min says NO changes for doctors paye tax only amend expenditure calculation process
Aug 07, 2018 (LBO) - The Finance Ministry yesterday announced the income tax level of doctors had not been reduced from 24 percent to 15 percent, but an …
Sri Lanka President says “NO” increase of salaries for Ministers and MPs
Aug 07, 2018 (LBO) - President Maithripala Sirisena says even though the Sunday newspapers published that the decision was made to increase the salaries of the …
Sr Lanka’s Nations Trust Bank Records PAT of Rs1,875Mn
Aug 07, 2018 (LBO) - The Nations Trust Bank closed the six months period ending June 30, 2018 with a post-tax profit of 1,875 million rupees and a pre-tax …
COPE summons CEB, PUCSL and Power Ministry over private power purchases
Aug 06, 2018 (LBO) - The Committee on Public Enterprises (COPE), has summoned Ceylon Electricity Board (CEB), Ministry of Power and Renewable Energy and …
Sri Lanka’s female unemployment on the rise
Aug 06, 2018 (LBO) - Sri Lanka's unemployment in the first quarter of 2018, rose to 4. online pharmacy buy strattera with best prices today in the USA online …
Sampath Group pre-tax profit exceeds Rs10Bn for first half of 2018
(PRESS RELEASE) - Sampath Bank’s Group pretax profit for the first half of the year exceeded Rs 10.3 Bn (28.2% growth) while Sampath Bank recorded a pre-tax …
Fintek Solutions announce acquisition Brown’s Integrated Business Solutions
Aug 03, 2018 (LBO) - Fintek Managed Solutions (Pvt) Limited has announced its acquisition of the Integrated Business Solutions (IBS) unit of Brown and Company …
Huawei seizes second place in global smartphone market in Q2
Aug 02, 2018 (LBO) - Huawei, a fast growing smartphone brand has seized second position in the global smartphone market with a total share of 15.8 percent in …
Asia Leisure and Japan’s Belluna launches leisure property in Galle
Aug 02, 2018 (LBO) - Sri Lanka's Asia Leisure,in partnership with Belluna Co. Ltd, Japan opened its sixth leisure property 'Le Grand' in Galle recently. "Asia …
Govt nod to call for bids in Mannar, Cauvery basins for oil exploration
Aug 01, 2018 (LBO) - Sri Lanka's cabinet of ministers has given the go ahead to call for bid from international companies to explore oil and gas deposits in …
Ranatunga, de Silva deny match-fixing charges
Jul 31, 2018 (LBO) - Sri Lanka’s World Cup winning captain Arjuna Ranatunga and deputy Aravinda de Silva denied allegations made by former Cricket chief …
Sri Lanka inflation up 5.4-pct in July
Aug 01, 2018 (LBO) - The year on year inflation as measured by CCPI is 5.4 percent in July 2018 while inflation calculated for June was 4.4 percent, data …
Sri Lanka launch tourist-friendly Tuk Tuk service
Jul 31, 2018 (LBO) - Sri Lanka's Prime Minister Ranil Wickremesinghe launched the country’s first ever tourist-friendly Tuk Tuk service at Galle Face Green, …
Damro’s opens Rs 12.5Bn Marino Mall and hotel in Colombo
Jul 31, 2018 (LBO) - Damro Group opened the 12.5 billion rupee Marino Mall and Beach Hotel in Colombo 3, adding 289 star class rooms to Colombo’s hotel …
Bathiya and Santhush appointed brand ambassadors for Sony audio products in Sri Lanka
Singer (Sri Lanka) PLC, the country’s premier consumer durables retailer, together with Sony International, has appointed Sri Lanka’s leading musical duo …
UAL only Sri Lankan company in Forbes Asia’s 200 ‘Best under a Billion’ 2018 list
Jul 30, 2018 (LBO) - Sri Lanka's Union Assurance PLC, a life insurance provider has made it to Forbes Asia’s 2018 list of 'Best under a Billion ' list of …
John Keells Holdings reports weak results, 62% of Cinnamon Life residencies sold
July 29, 2018 (LBO) - Sri Lanka's most important listed company, John Keells Holdings (JKH) reported weak results for the quarter ended June 2018. Despite an …
John Keells Hotels loses Rs263Mn for quarter, continues serial under-performance
July 27, 2018 (LBO) - Colombo Stock Exchange listed John Keells Hotels (KHL) reported weak results for the quarter ended June 2018. online pharmacy buy …
NDBIB Wins Euromoney crown for seventh consecutive year
NDB Investment Bank (NDBIB)cemented its position as the market leader and premier Investment Bank in the country by being awarded as ‘Sri Lanka’s Best …
Facebook stock down 24-pct on slow growth forecast
Jul 26, 2018 (LBO) - Facebook Inc’s stock was down by nearly 24 percent, Wednesday following concerns voiced over the last few months on social websites …