Construction sector challenged by continued labour shortage: report
RIU report 2018 - The construction industry is worth approximately USD 8 Bn and is already under strain owing to rising construction costs.This industry is …
President officially appoints Commission to probe corruption at Srilankan and Mihin
Feb 15, 2018 (LBO) - Sri Lanka's President Maithripala Sirisena yesterday formally presented a letter of appointment to the Presidential Commission to …
Piramal Glass Ceylon gross profit crosses Rs1Bn
For the nine months ended Dec 31, 2017 the overall turnover of Piramal Glass Ceylon was on par with the previous year’s sales of Rs. buy female cialis online …
CB keeps policy rates unchanged: Economy currently operating below potential
Feb 15, 2018 (LBO) - Sri Lanka will keep policy rates unchanged in February as the economy is stabilizing with improvements in trade figures, the …
Sri Lanka needs to create an environment that rewards investment: Harvard economist
Feb 14, 2018 (LBO) - Sri Lanka should move towards a simpler tariff structure, and implement direct taxes on things like income and property to maintain …
Sri Lanka’s Industrial production up 4.3-pct in Dec 2017
Feb 14, 2018 (LBO) - Sri Lanka's industrial production has increased by 4.3 percent in the month of December, 2017 compared to the same month in 2016, latest …
Sri Lanka’s RIL Property goes for Rs.1.6Bn Rights Issue
Feb 14, 2018 (LBO) - RIL Property Plc said they will be raising 1.6 billion rupees through one for three Rights Issues to settle part of the long-term loan …
Sri Lanka – Iran sign mutual cooperation deal
Feb 13, 2018 (LBO) - Iran and Sri Lanka have inked a deal for further cooperation between the two nation in the areas of trade and economy. The agreements …
Hayleys sees strong 9-month top line growth, Turnover up to Rs.112.3Bn
Strong top line performances across the Hayleys Group and the addition of recent strategic acquisitions resulted in a 37% YoY increase in turnover up to Rs. …
Hemas Holdings posts consolidated revenue of Rs.35.6Bn
Hemas Holdings PLC and its subsidiaries reported consolidated revenue of Rs.35.6 billion; a year-on-year (YoY) growth of 11.4% and profit attributable to …
Mahinda’s Pohottuwa begins it’s journey with a bang
Feb 12, 2018 (LBO) - Sri Lanka's former President, Mahinda Rajapakse led Sri Lanka Podujana Peramuna (SLPP) contesting under the Pohottuwa symbol has claimed …
Virtusa Showcases Innovation and Tech Prowess at Tech Month
(PRESS RELEASE) - Virtusa announced the launch of “Virtusa Tech Month”, a celebration of the company’s innovative spirit and technology leadership, at …
Lanka Property Web to hold second successive show
Feb 08, 2018 (LBO) - Lanka Property Web. online pharmacy buy spiriva inhaler with best prices today in the USA online pharmacy buy clomiphene with best prices …
Sri Lanka tea prices up in January 2018
Feb 08, 2018 (LBO) - Sri Lanka’s tea prices at auctions in January averaged 640.05 rupees and shown a growth of 43.79 rupees from an year ago, Forbes and …
AmCham hosts Stephen Renna from U.S. Department of Commerce
(PRESS RELEASE) - Stephen Renna, Director, Advocacy Center, U.S. Department of Commerce, International Trade Administration will meet with members of the …
Sri Lanka Tourist arrivals up 12.6-pct in Jan 2018
Feb 07, 2018 (LBO) - Tourist arrivals to Sri Lanka rose 12.6 percent from a year earlier to 246,972 in January 2018 with Indian visitors taking the lead, …
Fitch confirms Sri Lanka ‘B+’ rating
Feb 07, 2018 (LBO) - Fitch Ratings has confirmed Sri Lanka's 'B+' rating with a stable outlook, saying revised policy framework supports the islands …
Sri Lanka Malabe – Fort LRT project to commence by Dec 2018
Feb 06, 2018 (LBO) - Sri Lanka’s Ministry of Megapolis and Western Province Development says that preliminary work on the Light Rail Transport (LRT) project …
RIU to host UK-Sri Lanka Investor Forum for 3rd consecutive year in London
Colombo, Sri Lanka - The Research Intelligence Unit will be hosting its annual edition of RIU Investor Forum on Thursday May 17 2018 at the Sri Lanka High …
Sri Lanka’s Hatton Plantations starts trading on CSE
Feb 02, 2018 (LBO) - The shares of Hatton Plantations Ltd (CODE: HPL) commenced trading on the Colombo Stock Exchange (CSE) today. The shares, which were …