CMA CGM applies surcharges on cargo from India, Sri Lanka, Middle East Gulf
French ocean carrier CMA CGM has notified its customers of an Overweight Surcharge (OWS), effective from 1 October 2024 until further notice. The surcharge …
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DFC Commits Half Billion Dollars to Port Infrastructure in Colombo, Sri Lanka
The U.S. International Development Finance Corporation (DFC) today announced it has committed more than half a billion dollars to support the development of a …
Sri Lanka, World Bank sign agreement for COVID-19 Vaccine Deployment
The Government of Sri Lanka and the World Bank signed today a $80.5 million additional financing to help Sri Lanka access and distribute COVID-19 vaccines and …
Opinion: Achieving Gender Equality: Quō Vādis, Sri Lanka?
What are some of the challenges women in Sri Lanka face from a gender equality standpoint and how can we tackle them? Below are the responses from researchers …
Sri Lanka, Bangladesh agreed to IMF to provide debt relief for Somalia
Feb 17, 2020 (LBO) – Sri Lanka and Bangladesh have reportedly agreed to provide debt relief for Somalia under the Heavily Indebted Poor Countries (HIPC) …
Sri Lanka, Maldives agree to review existing visa regime between two countries
JOINT COMMUNIQUÉ BETWEEN THE DEMOCRATIC SOCIALIST REPUBLIC OF SRI LANKA AND THE REPUBLIC OF MALDIVES 05 February 2019 1. On an invitation by His Excellency …
Sri Lanka, a cautionary tale about over-reliance on China: OBG
Mar 02, 2018 (LBO) – Sri Lanka, perhaps, provides the most cautionary tale from their Asia-Pacific markets about over-reliance on China-backed infrastructure …
ONYX Hospitality Group to launch Amari hotel in Colombo, Sri Lanka
Nov 20, 2017 (LBO) - Thailand's ONYX Hospitality Group, a hotel management company will launch a brand-new Amari hotel in the Sri Lankan capital city of …
Sri Lanka, S Korea to sign economic cooperation deal next month
Oct 20, 2017 (LBO) – Sri Lanka will sign an economic cooperation agreement with South Korea during the state visit of President Maithripala Sirisena, which …
PUCSL seeks public views on electric vehicle charging stations
Sept 13, 2017 (LBO) - The Public Utilities Commission of Sri Lanka (PUCSL), the electricity sector regulator, said it is seeking public views on issues related …
Ceylon Index Fund emerges top performer during 1H 2017
Sept 06, 2017 (LBO) - The Ceylon Index Fund (CIF) which invests in blue chips listed on the Colombo Stock Exchange (CSE) was the top performing Unit Trust out …
Ministers cannot grant tax concessions under new Inland Revenue Act: Finance Minister
Sept 04, 2017 (LBO) - Discretionary powers vested in Sri Lankan ministers to grant tax concessions has been expunged under the new Inland Revenue Act, the …
Sri Lanka ranks 11th worst-affected in malware attacks in Asia
Aug 29, 2017 (LBO) - Microsoft Asia recently released regional findings from their global Security Intelligence Report which found that Asian countries, …
Sri Lanka motor car registrations rise to 3,221 units in July: JB
Aug 25, 2017 (LBO) Sri Lanka's motor car registrations rose to 3,221 units in July, up from 2,802 units in June, the highest monthly figure so far this year, …
ADB, Korean consultants study Trinco economic corridor
Aug 15, 2017 (LBO) - The Export-Import Bank of Korea together with the Asian Development Bank held a seminar on the Colombo-Trincomalee Economic Corridor …
Sri Lanka industrialists call for China transparency
Aug 15, 2017 (LBO) - Sri Lanka has assured its industrialists that the forthcoming China FTA is designed keeping the local industry concerns in mind. …
Opinion: Why are Tamil Medium junior school students doing so abysmally in Sri Lanka?
By Jekhan Aruliah At my usual breakfast haunt in Jaffna I pay Rs40 for two fresh dosai with all the spicy pol sambal and tasty sambar I can eat (tea is an …
Sri Lanka to emphasize KPIs in budget preparation: Finance Ministry
Aug 14, 2017 (LBO) - Sri Lanka's finance ministry will focus on inclusion of key performance indicators (KPIs) for all budget proposals from ministries when …
Sri Lanka’s public finances strengthening, says IMF in country report
Aug 11, 2017 (LBO) - Sri Lanka's overall fiscal deficit decreased from 7 percent to 5.4 percent of GDP between 2015 and 2016, with public finances …