Sri Lanka GDP will grow at 3.7-pct in Q1
May 14, 2018 (LBO) - Sri Lanka's will grow at 3.7 percent in the first quarter of 2018, althought this below the islands potential, the Governor of the …
ADB approves USD 100Mn additional funding to enhance job skills in Sri Lanka
May 11, 2018 (LBO) - The Asian Development Bank’s (ADB) has approved a US 100 million dollars results-based loan as additional financing for the Government …
Sri Lanka’s Nations Trust Bank PAT Rs.939Mn, up 30-pct
May 11, 2018 (LBO) - Nations Trust Bank recorded a post-tax profit of 939 million rupees, up by 30 percent in the first quarter of 2018 over the …
EU provides Rs.810Mn to modernise Sri Lanka’s agricultural sector
May 10, 2018 (LBO) –The European Union has launched a 810 million rupee project to support the modernization of Sri Lanka's agriculture sector. The project …
Mahathir Mohamad, 92 will become worlds oldest PM
May 10, 2018 (LBO) - Former Malaysian leader Dr Mahathir Mohamad will become the world’s oldest prime minister after wining the recently held polls in the …
Teejay Lanka’s PAT Rs.508Mn; Up 3-pct
May 09, 2018 (LBO) - Teejay Lanka PLC has reported a profit after tax for the March quarter of 508.4 million rupees, an increase of 3 percent principally due …
Sri Lanka Fin Min addresses ADB annual sessions in Manila
Statement made by Hon. MangalaSamaraweera, Minister of Finance and Media of Sri Lanka at the Business Session of the Asian Development Bank’s 51st Annual …
Sri Lanka should continue digitization of services to capture millennial tourists :JLL
May 08, 2018 (LBO) - Real estate consultancy Jones Lang La Salle (JLL) says the strong surge in tourist arrivals and earnings, which could be further enhanced …
President to continue in politics beyond 2020
May 08, 2018 (LBO) - Sri Lanka's President Maithripala Sirisena says that he will not retire in 2020, instead of it he will continuously fulfill his respective …
Eminent radiation oncology expert in Sri Lanka 8-12 May
(PRESS RELEASE) - An eminent international expert in radiological physics in the treatment of cancer will be in Sri Lanka from 8th to 12th May to conduct …
BCS Sri Lanka section appoints new Executive Committee for 2017/18
(PRESS RELEASE) - The BCS, the Chartered Institute for IT Sri Lanka section (BCSSL) announced the appointment of a new Executive Committee for 2017/2018 at the …
Investor-friendly reforms to take focus in 2018 report on Sri Lanka:OBG
May 04, 2018 (LBO) - Sri Lanka’s plans to enhance its investment climate by introducing mechanisms aimed at reducing red tape and speeding up key processes …
Standard Chartered to boost investment into Sri Lanka with dedicated china desk
May 03, 2018 (LBO) - The Standard Chartered Bank (Sri Lanka) said they would be setting up a China Desk to expedite trade and business operations between …
Anantaya Pasikudah wins Booking.com guest review award
(PRESS RELEASE) - Anantaya Resort & Spa Pasikudah was recently awarded the Booking.com Guest Review Award. Offering unique experiences and exceptional …
Sri Lanka rupee slips to low of 158.00: Stocks down 0.2-pct
May 03, 2018 (LBO) - The Sri Lanka rupee hit a new low of 157.90/158.00 rupees against the US dollar during morning trade in the spot market. The rupee closed …
Sri Lanka Aggressor Safari Lodge begins operations
(PRESS RELEASE) - The Sri Lanka Aggressor Safari Lodge situated close to Wilpattu National Park in the North of Sri Lanka, officially opened for business this …
IFC invests USD 27Mn in Sri Lanka’s Melwa Hotels and Resorts
May 03, 2018 (LBO) - The International Finance Corporation, a member of the World Bank Group,is investing US 27 million dollars in Melwa Hotels and Resorts …
Japanese startup plans Sri Lanka’s first electric vehicle plant
May 03, 2018 (LBO) - Tokyo based high-tech research and development startup is planning Sri Lanka’s first ever large, industry scale electric vehicle (EV) …
Planters’ Association hails decision to lift ban on glyphosate
May 02, 2018 (LBO) - The Planters’ Association of Ceylon (PA) issued a statement commending yesterday’s Government decision to lift the arbitrary ban on …
Advantis projects provides logistics expertise to CEB for improved reliability of national grid
(PRESS RELEASE) - Continuing its leadership in logistics in Sri Lanka, Advantis Projects, the project logistics arm of Hayleys Advantis Limited,recently …