Sri Lanka to obtain USD330Mn World Bank loan for climate mitigation
Jun 06, 2019 (LBO) - Sri Lanka's cabinet of ministers has approved the implementation of phase 1 of a multi-phase program for mitigation of climate …
General Services
Sri Lanka tea prices down in May 2019
Jun 06, 2019 (LBO) - Sri Lanka's tea prices or national average for May 2019 were down to 51.69 rupees vis-à-vis May 2018 with medium and low growns showing …
Vidullanka commissions its first ever biomass based power project
May 31, 2019 (LBO) – Vidullanka in its latest announcement to the CSE, disclosed the commissioning of the development of the 3.3MW Dehiattakandiya Dendro …
BOI & Hutchison Lanka signs deal to set up warehouse facility to strengthen telco infrastructure
May 27, 2019 (LBO) – Sri Lanka's Board of Investment on Monday said they signed a supplementary Agreement with Hutchison Telecommunications Lanka to permit …
Sri Lanka vehicle registrations down in Apr 2019
May 27, 2019 (LBO) - Sri Lanka's vehicle registrations were down in almost every category in April due to the New Year and Easter holidays and subsequent …
Korea Eximbank to conduct feasibility study to establish land information service system
May 24, 2019 (LBO) – Recognizing the importance of efficient land management and its contribution to the economy, the Korea Eximbank is financing a …
News item titled “Pakistan’s trade with Sri Lanka comes to a halt” is fake: SL High Commission
May 23, 2019 (LBO) – Sri Lanka’s High Commission in Islamabad, Pakistan said the news item titled “Pakistan’s trade with Sri Lanka Comes to a halt” …
Hayleys revenue up 34-pct YoY to Rs.219Bn in FY 18/19
May 22, 2019 (LBO) - Sri Lanka's Hayleys PLC, group revenue expanded by 34 percent yoy to 219 billion rupees while operating profit before interest increased …
Sri Lanka’s private sector took a Pledge for Unity
May 21, 2019 (LBO) – Sri Lanka’s private sector representatives on Tuesday took a Pledge for Unity that they will work towards the goal of uniting people …
Dipped Products posts healthy growth: Group pre-tax profit up 32-pct in 2018/9
May 17, 2019 (LBO) - Sri Lanka's Dipped Products Group pre-tax profit was up 32 percent to 1,643 million rupees in 2018/9, the company said. The Group achieved …
Opinion: Fresh frontiers of pharmaceutical innovation
By Sri Lanka Chamber of Pharmaceutical Industry For centuries, human beings have waged a relentless battle against a litany of diseases that have ravaged …
New Chairman for SLTDA; Kishu Gomes to focus on Sri Lanka Tourism brand promotion
May 15, 2019 (LBO) – Sri Lanka's Tourism Minister John Amaratunga has appointed Johanne Jayaratne as Chairman of the Sri Lanka Tourism Development Authority …
Sri Lanka Tourism to start new series of promotional campaign from Thailand
May 15, 2019 (LBO) – Sri Lanka Tourism is planning to conduct promotional campaigns in source markets closest to the country. Accordingly, Thailand which …
CICT invests USD 1.5 mn to open Sri Lanka’s only Dangerous Goods Storage Facility
May 14, 2019 (LBO) – Sri Lanka’s first, and South Asia’s most advanced, Dangerous Goods Storage Facility (DGSF) was commissioned on Friday, 10th May at …
Sri Lanka blocks Twitter for first time to prevent sharing harmful information
May 14, 2019 (LBO) – Sri Lankan authorities have taken steps to temporarily block the Twitter platform for the first time to stop sharing harmful information …
Sri Lanka allows duty free import of security equipment
May 08, 2019 (LBO) - State Minister of Finance Eran Wickramaratne announced the Government has decided to waive of duty on the import of of latest security …
Social media and messaging apps restored in Sri Lanka
Apr 30, 2019 (LBO) – Access to social media and messaging apps is being restored in Sri Lanka on the ninth day after the services were blocked as a security …
Sri Lanka suspends visa on arrival programme after Easter Sunday tragedy
Apr 26, 2019 (LBO) – Sri Lanka has postponed the launch of its program on visa regime facilitation with 39 countries in the wake of the deadly bombings that …
We are ready to welcome visitors from tomorrow: The Kingsbury Colombo
Apr 24, 2019 (LBO) – The Kingsbury Colombo said that they are ready to welcome visitors to the hotel from tomorrow and that the security in the premises and …
Google, Apple removes TikTok from app stores in India after ban
Apr 18, 2019 (LBO) – South Indian state of Tamil Nadu has requested Google and Apple to take down the Chinese-owned Tiktok video sharing app from their app …