Sri Lanka’s CPC receives overhaul to boost efficiency
Apr 19, 2018 (LBO) - The Ceylon Petroleum Corporation’s (CPC) Sapugaskanda Oil Refinery successfully completed a 35-day overhaul and renovation programme …
Sri Lanka will ensure resource utilization in sustainable manner: President
Apr 19, 2018 (LBO) - Our Government’s “Blue-Green” economic plan will ensure the full utilization of the ocean and other natural resources of Sri Lanka …
Sri Lanka imposes 15-pct tax on gold imports
Apr 19, 2018 (LBO) - Sri Lanka has imposed a 15 percent tax on gold to tackle possible smuggling to India, where it is more expensive, the finance ministry …
Opinion: The Glyphosate Story, CKDu, food security and national economy
Time-tested weed control techniques/tools such as glyphosate,have been removed without scientific proof, affecting our food security and national …
Sri Lanka pledges support for Commonwealth small states trade finance facility
Apr 18, 2018 (LBO) - Sri Lanka pledged financial contribution to setup the Small States Trade Financial Facility, In order to help Small States get access to …
Sri Lanka Govt to ensure continued progress of financial inclusion: Fin Min
Apr 18, 2018 (LBO) - Minister of Finance Mangala Samaraweera says it is important for the Sri Lankan financial system to have robust access and engagement …
Sri Lanka Police arrests suspects in tourist assault in Mirissa
Apr 18, 2018 (LBO) - Sri Lanka's Tourist Police is actively involved in the investigation and is assisting the Weligama police by facilitating contact with …
Virtusa says 85-pct businesses plan to invest in digital transformation in 2018
Virtusa Corporation(NASDAQ GS:VRTU), a global provider of digital engineering and IT outsourcing services that accelerate business outcomes for its clients, …
Sri Lanka’s CEB threaten TU action, Says not liable for inconvenience to public
Apr 17, 2018 (LBO) - Sri Lanka’s Ceylon Electricity Board Engineers Union (CEBEU), of the state owned electricity supplier Ceylon Electricity Board (CEB) is …
DFCC relaunches their credit cards
DFCC Bank relaunched their Credit Card range at a special event on 28 March at the Cinnamon Grand, Colombo amidst a large gathering of clients, prominent …
South Asia regains growth lead, Still lags on jobs
Apr 17, 2018 (LBO) - South Asia has regained its lead as the fastest growing region in the world, supported by recovery in India. With the right mix of …
Sri Lanka Central Bank issues warning on virtual currencies
Apr 17, 2018 (LBO) - The Central Bank has warned the pubic about the use of “virtual currencies”, commonly used to refer to digitally created …
HSBC partners Govt for twelfth successive sovereign bond issuance
The Central Bank of Sri Lanka (CBSL), on behalf of the Democratic Socialist Republic of Sri Lanka, successfully launched and raised USD 2.5 billion in a …
World Bank warns of reform slowdown amid challenging political environment
Apr 17, 2018 (LBO) - Sri Lanka's growth is projected to rebound in 2018 and continue to be around 4.5 percent in the medium term, driven by private consumption …
SriLankan reports revenue of Rs.126.9Bn in 2017/18
Apr 16, 2018 (LBO) - National carrier SriLankan Airlines has achieved a un-audited annual passenger revenue of 126.9 billion rupees (US Dollars 830.7 million) …
Sri Lanka President to attend CHOGM in London and meet UK PM May
Apr 16, 2018 (LBO) - Sri Lanka's President Maithripala Sirisena left for the United Kingdom, Sunday to attend the Commonwealth Heads of Government Meeting …
Sri Lanka’s Norochcholai power plant shuts down temporarily
Apr 12, 2018 (LBO) - The unit one of Lakvijaya power station which is also known as the Norochcholai power station has been shut down following the release …
Govt. nod for three local companies for vehicle emission test certification
Apr 12, 2018 (LBO) - Sri Lanka's government has given approval of the cabinet of ministers to award the contract for issuing Vehicle Emission Test Certificates …
Asia will grow at 6-pct in 2018, Trade risk warnings: ADB
Apr 12, 2018 (LBO) - The Asian Development Bank raised its 2018 economic growth estimate for developing Asia to 6.0 per cent from 5.8 per cent, citing solid …
Sri Lanka Govt call for expediting activities related to exploration and production of petroleum
Apr 12, 2018 (LBO) - Sri Lanka's cabinet of ministers has called for an action plan for expediting the activities related to exploration and production of …