Sri Lanka’s Ape’ SmartHome system wins Eco-Innovation Award 2016
(PRESS RELEASE) – Innovative Smart Solution’s (iS2), Ape’ SmartHome system creator W.M. Jeremy Fernando was ajudged the winner of the …
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Sri Lanka, Thailand FTA feasibility to conclude by August
Jan 18, 2017 (LBO) – Sri Lanka is looking at purchasing sugar from Thailand, while the feasibility study for the Free Trade Agreement with …
Sri Lanka’s industrial output up 4.5-pct in November
Jan 18, 2017 (LBO) – Sri Lanka’s Index for Industrial Production (IIP) shows volume of industrial production rose 4.5 percent in November …
Power Minister dissolves board of Lanka Coal Company
Jan 18, 2017 (LBO) – Sri Lanka’s Power Minister Ranjith Siyambalapitiya has dissolved the director board of Lanka Coal Company with immediate …
Sterling basks in glow of May’s Brexit speech; stocks slip
HONG KONG, Jan 18 (Reuters) – The British pound consolidated gains on Wednesday after posting its biggest rise in nearly two decades in the …
Prime Minister meets Chinese President at World Economic Summit
Jan 18, 2017 (LBO) – Prime Minister Ranil Wickremesinghe today met Chinese President Xi Jinping on the sidelines of the World Economic …
Sri Lankan shares end lower; heavyweights down
Jan 17, 2017 (Reuters) – Sri Lankan stocks closed lower on Tuesday for a second straight session as investor sentiment took a hit on political …
Opinion: Peopleizing governance – Acute need of the hour
Return to the roots of Democracy – Athens & Sparta … By Chrishmal Warnasuriya Proposed Constitutional Reforms – “Grama Raajya”: So, …
APTA countries agree to widening tariff concessions by mid 2017
Jan 17, 2017 (LBO) – Sri Lanka along with other members of Asia Pacific Trade Agreement (APTA) last week agreed to sign the protocol to conclude …
Ceylon Chamber seminar to analyze economic outlook for 2017
The Ceylon Chamber of Commerce will line up four well-known economists along with an international relations specialist to discuss the economic …
Budget 2017 – The Good, the Bad, & the Ugly – Deshal de Mel | DB2016 S2K1
Budget 2017 – The Good, the Bad, & the Ugly Deshal de Mel | Senior Economist | Hayleys
Sri Lankan rupee marginally higher on banks’ dollar sales
Jan 17, 2017 (Reuters) – The Sri Lankan rupee traded marginally higher on Tuesday in light volume as foreign banks sold dollars, but the market …
Sri Lanka’s first 7-star apartment complex to start construction
Jan 17, 2017 (LBO) – Sri Lanka’s first seven-star luxury apartment complex, Achilleion, is set to commence construction work this week, its …
VirtusaPolaris recognized for emerging blockchain services in BFSI
VirtusaPolaris, the market-facing brand of Virtusa Corporation and Polaris Consulting & Services, Ltd., and a leading worldwide provider of …
IMF estimates global growth uptick in 2017-2018
Jan 17, 2017 (LBO) – The International Monetary Fund has estimated global growth of 3.1 percent in 2016, which is projected to increase to 3.4 …
Asia stocks and pound weak, brace for May’s speech on Brexit stance
TOKYO, Jan 17 (Reuters) – Asian stocks and the pound sagged on Tuesday as investors waited for British Prime Minister Theresa May to lay …
Coca-Cola eyes Sri Lanka for production facility: Fin Min
Jan 17, 2017 (LBO) – International beverage company Coca-Cola has expressed their interest in setting up a production hub in Sri Lanka, the …
Sri Lankan shares end lower on rising rates
Jan 16, 2017 (Reuters) – Sri Lankan stocks closed lower on Monday as investors sold financials after rising yields in short-term government …
Sri Lanka’s JKH files patent on energy storage nanomaterial
Jan 16, 2017 (LBO) – Sri Lanka’s John Keells Holdings plc filed its first patent jointly with the Council for Scientific and Industrial …
Sri Lankan rupee edges up on dollar sales; stx down
Jan 16, 2017 (Reuters) – The Sri Lankan rupee edged higher on Monday as foreign banks sold dollars, but the market expects the currency to weaken …
Hayleys unveils Sri Lanka’s largest capacity solar power plant in Welikande
Jan 16, 2016 (LBO) – Hayleys Group PLC, together with Windforce Pvt Ltd, have commissioned their 10 megawatt solar power plant. Located in …
Foreign Minister to visit Sweden at the invitation of Swedish counterpart
Foreign Minister Mangala Samaraweera will visit Sweden at the invitation of the Minister of Foreign Affairs of Sweden, Margot Wallström, from 17-18 …
Sri Lanka prepared for power crisis in 2017: Minister
Jan 16, 2017 (LBO) – Sri Lanka’s power minister says that steps have been taken to face the hydro power generation loss due to the …