Nasdaq quoted Synopsys to invest in R&D capabilities in Sri Lanka
Aug 09, 2017 (LBO) - Synopsys, Inc., a Nasdaq quoted leader in the electronic design automation industry (EDA), says it will invest futher in R&D capabilities …
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Sri Lanka, UN sign Sustainable Development Framework, USD 300 mln pledged
Aug 04, 2017 (LBO) - Sri Lanka's Government and the United Nations have signed the 2018 – 2022 United Nations Sustainable Development Framework (UNSDF), …
No Confidence Motion against Sri Lankan Foreign Minister submitted
By P.K. Balachandran Thirty two members of the Joint Opposition in the Sri Lankan parliament on Thursday submitted to the Speaker a Motion of No Confidence …
Confusion over Lankan port deals may stymie FDI in maritime sector
By P.K. Balachandran Continuing confusion over the terms of foreign participation in the development of Sri Lanka’s ports threatens to stymie Foreign Direct …
Sri Lanka exports show tepid growth during first 5 months
Aug 02, 2017 (LBO) - Sri Lanka's earnings from exports expanded in May by 7.8 percent to 841 million dollars, on an year-on-year basis, however during the …
China-Sri Lanka deal on controversial deep water port to be signed on Saturday
By P.K. Balachandran The Sino-Sri Lankan deal over a controversial deep water port in Hambantota in south Sri Lanka, which has been hanging fire since January …
Amnesty granted for Sri Lankan migrant workers in Lebanon
July 27, 2017 (LBO) - The Sri Lankan government has made efforts to regularize nearly 7,000 undocumented migrant workers in Lebanon, and Lebanon has now …
Commercial Bank, Sampath Bank offer real-time Customs payments
July 25, 2017 (LBO) - Commercial Bank of Ceylon PLC and Sampath Bank PLC together have announced the introduction of real-time, online payments to Sri Lanka …
Sri Lanka to prepare 2018 budget on performance basis
July 05, 2017 (LBO) – Sri Lanka’s Finance Ministry is to prepare budget 2018 in line with performance-based budgeting according to the midterm budget …
Opinion: A Conspiracy Theory – Tread with extreme caution, Sri Lanka
By Chrishmal Warnasuriya Introduction - Politics as the science of attaining “power”: The first lessons taught to any student of the science of politics …
Hilton to open 140-room resort in Weerawila, Sri Lanka
June 06, 2017 – Hilton signed a management agreement with KDU Adventures (Pvt) Ltd, a subsidiary of KDU Group, to manage the 140-room DoubleTree by Hilton …
Sri Lanka, India sign MOU to cooperate on economic projects
Apr 27, 2017 (LBO) – Sri Lanka and India signed an MoU on economic co-operation in the presence of Prime Minister Narendra Modi and Sri Lankan counterpart …
Korean Film Festival 2016 in Colombo, Sri Lanka
Following on the success of last year’s event, the Embassy of the Republic of Korea in Sri Lanka and the Korea Foundation will co-host the Korean Film …
Sri Lanka, UNDP promote social inclusion through language labs
Jun 21, 2016 (LBO) – Sri Lanka’s multicultural society should be regarded as a strength and not a weakness to promote national co-existence, a minister …
Australian miner to drill for mineral samples in Puttalam, Sri Lanka
June 08, 2016 (LBO) - Australian miner Iluka Resources Ltd is expected to drill for mineral samples soon as it negotiates with the government for a mining …
Sri Lanka, Germany sign agreements to enhance bilateral cooperation
Feb 18, 2016 (LBO) – Sri Lanka and Germany have agreed to strengthen bilateral relations between the two countries and promote development activities in Sri …
Sri Lanka can be pendent in the necklace: Tourism officials
Feb 11, 2016 (LBO) – Sri Lanka is a market on the verge of taking off as tourist hot spot and the island should try to lure more brands into the country, a …
Sri Lanka gets UK assistance for serious fraud investigations
Dec 19, 2015 (LBO) – Sri Lanka is the first country in the world that received a tailored package of training from a senior investigator of UK Serious Fraud …
Sri Lanka, Indonesia trade increased 32-pct in 2014
Oct 14, 2015 (LBO) – Trade between Sri Lanka and Indonesia increased by 32 percent in 2014 and there is vast economic and trade potential that can be …
Sri Lanka, China trade chambers eye mutual benefits for SMEs
Sep 21, 2015 (LBO) – Sri Lanka’s business chamber on Monday signed a memorandum of understanding with their Beijing counterpart to work together to …