All News

Sri Lanka expects accession to Madrid Protocol for trademarks in 2018

Aug 21, 2017 (LBO) – Sri Lanka plans to complete its historic accession to the international trademark system called the Madrid Protocol by August …

Fitch Ratings Lanka has affirmed Bimputh Finance PLC’s National Long-Term Rating at ‘BB(lka)’. The Outlook is Stable. KEY RATING …

Aug 21, 2017 (LBO) – Shareholder activists are on the rise worldwide, with public shareholder requests against quoted companies in 2016 …

Aug 21, 2017 (LBO) – Panasian Power has announced the acquisition of Lower Kotmale-Oya Power Two (Pvt) Ltd to construct two mini hydro-power …

(Press Release) Sony International (Singapore) Ltd. today announced the opening of a new digital imaging showroom in collaboration with Sri Lanka …

Aug 21, 2017 (LBO) – A 20-member Vietnamese business delegation visited Sri Lanka last week, which was arranged after the visit by Prime …

Aug 21, 2017 (LBO) – Sri Lanka’s LAUGFS Gas and Standard Chartered have announced the first private sector financing facility supported …

Aug 18, 2017 (LBO) – The IMF has revised China’s growth outlook to average 6.4 percent between 2017 and 2021, up from 6.0 percent last year, …

Aug 18, 2017 (LBO) – Sri Lanka’s Inland Revenue bill will presented in Parliament next week and passed by August 25th, with most of the …

Aug 16, 2017 (LBO) – Sri Lanka’s Finance Minister Mangala Samaraweera announced a 10 percent tax cut on telecom data and small vehicles …

Aug 17, 2017 (LBO) – Sri Lanka’s family business continuity will depend on their ability to have a clear vision and retaining family …

Aug 17, 2017 (LBO) – Billionaire Richard Branson has joined the growing number of voices urging caution against rapid uptake of AI and …

Aug 17, 2017 (LBO) – Softlogic Holdings recorded a revenue growth of 6.2% posting Rs15.2 bn in the first quarter this year, from Rs14.3 bn in …

Aug 17, 2017 (LBO) – Janashakthi Insurance PLC (Janashakthi) registered consolidated Gross Written Premium (GWP) of Rs. 7.22 billion for the …

Aug 16, 2017 (LBO) – Sri Lanka’s cabinet of ministers has approved to further amend the tea, rubber and coconut estates (Control of …

By Madu Ratnayake ‘Millennials’,the generation born from the early 1980s to the early 2000s, are driving a major paradigm shift in the …

Aug 16, 2017 (LBO) – Sri Lanka’s Transport Ministry is to declare a three month concessionary period from September to November for payment of …

DFCC Bank PLC announced the appointment of Thimal Perera as the Bank’s new Deputy CEO, with effect from 16 August 2017. Thimal Perera has more than …

Mobitel, the National Mobile Service Provider, proves yet again its credentials as the unrivaled leader of the country’s digital revolution by …

Aug 16, 2017 (LBO) – Sri Lanka’s main commercial city Colombo is among the five biggest improvers during the last five years in terms of …

Aug 16, 2017 (LBO) – Sri Lanka’s Central Bank says they are still awaiting a response regarding concerns raised regarding the National …

(PRESS RELEASE) – Fitch Ratings has upgraded Sri Lanka Insurance Corporation Limited’s (SLIC) National Insurer Financial Strength (IFS) …

(PRESS RELEASE) – Ceylinco Life has posted profit before tax of Rs 1.628 billion for the six months ending 30th June 2017, recording noteworthy …

The first half of 2017 has already held some surprises that will impact commercial real estate. Lamudi—the global real estate platform—picks out …