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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …