Future of Sri Lanka Tourism
September 23, 2019 (LBO) – Prime Minister Ranil Wickremesinghe was the chief guest at the annual 2019 Cinnamon Hotels Future of Tourism Summit. …
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Vehicle registrations marginally down in August 2019
Sep 23, 2019 (LBO) – Sri Lanka’s total motor car registrations recorded 2,385 units in August down from 2,584 units in July and …
Mobitel joins hands with Peradeniya Uni to conduct research on Kandy air pollution
Sep 23, 2019 (LBO) – Air pollution is becoming an eminent threat to humanity and long-term health effects from air pollution include heart disease, …
Youth leaders vow continued pressure to address climate emergency
Sep 23, 2019 (LBO) – A day after thousands of young people marched and rallied for urgent climate action, young leaders brought their message to …
Ranil rubbishes criticism of Cabinet move to abolish Executive Presidency
September 22, 2019 (LBO) – Unofficial English Translation of the Statement of the Prime Minister today: Prime Minister Ranil Wickremesinghe …
No ‘bad time’ to do a good thing – Sumanthiran on Executive Presidency
September 21, 2019 (LBO) – TNA MP M. A. Sumanthiran commenting on the potential abolition of Sri Lanka’s Executive Presidency has stated …
Teejay grabs ‘Best Exporter Award –Textile Sector’ at Presidential Export Awards
Teejay Lanka PLC, Sri Lanka’s only multinational textile manufacturer, was adjudged the Best Textile Exporter in Sri Lanka at the 2019 Presidential …
Global financial assets fall, SL economy slows: Report
Sep 20, 2019 (LBO) – Allianz’s Global Wealth Report, which puts the asset and debt situation of households in more than 50 countries/regions …
Enterprise Sri Lanka introduces mobile service islandwide
Sep 20, 2019 (LBO) – The Finance Ministry has made arrangments to reach the people and conduct Enterprise Sri Lanka mobile service island-wide …
Executive Presidency abolition blocked, MPs who campaigned on abolition platform responsible
September 20, 2019 (LBO) – Last minute moves to advance proposals to abolish Sri Lanka’s Executive Presidency were blocked yesterday, …
CBSL permits Sinhaputhra Finance to implement proposed capital augmentation plan
Sep 19, 2019 (LBO) – Monetary Board of the Central Bank of Sri Lanka has decided to provide Sinhaputhra Finance with an opportunity to implement …
Fitch assigns SriLankan Airlines’ guaranteed USD bonds ‘B’ final rating
Sep 19, 2019 (LBO) – Fitch Ratings has assigned a final ‘B’ rating to SriLankan Airlines Limited’s (SLA) USD175 million …
Mastercard Track to modernize USD125Tn global B2B payments market
Advances in technology and actionable real-time data are driving businesses to operate faster and smarter. Yet, business payments are often rooted in …
Central Bank cancels license issued to TKS Finance Limited
Sep 19, 2019 (LBO) – Sri Lanka’s Monetary Board of the Central Bank has decided to cancel the licence issued to TKS Finance Limited (TKSF) to …
Resilient Sri Lanka reports positive GDP growth despite Easter Sunday terror attacks
September 19, 2019 (LBO) – Sri Lanka has reported GDP growth of 1.6% in the second quarter ended June 30, 2019. This positive growth has been …
Germany, an important donor and technical partner for Vocational Training: Fin Min
Sep 19, 2019 (LBO) – For over six decades, Germany has remained Sri Lanka’s most important donor and technical partner for Vocational …
Sri Lanka GDP growth 1.6-pct in Q2
Sep 19, 2019 (LBO) – Sri Lanka’s Gross Domestic Product (GDP) growth rate for the second quarter of 2019 has been estimated as 1.6 …
Sri Lanka’s Presidential Election on Nov 16: Election Commission
Sep 18, 2019 (LBO) – Sri Lanka’s Presidential Election will be held on November 16, Chairman of the Election Commission Mahinda Deshapriya …
Chinese government nominated CEIEC & ALIT but Rs2bn never paid to ALIT: Mahinda
Sep 18, 2019 (LBO) – Sri Lanka’s ex-President Mahinda Rajapaksa says that the China National Electronics Corporation and ALIT were nominated by …
USD50mn from Saudi Fund for new Medical Faculty in Sabaragamuwa University
Sep 18, 2019 (LBO) – Saudi Fund for Development (SFD) has agreed to provide a concessional loan amounting to Saudi Riyal 187.5 Million (USD 50 mn) …
PM’s says economy stabilizing: looking at leapfrog growth trajectory
Sep 18, 2019 (LBO) – Sri Lanka’s Prime Minister Ranil Wickremesinghe says the government’s plans to put the island on a leapfrog …
Ceylon Chamber’s action plan targets USD134Bn economy in Sri Lanka by 2025
Sep 18, 2019 (LBO) – The Ceylon Chamber of Commerce on Tuesday launched the working draft of the 2020 – 25 Economic Acceleration Framework at …
The Finance Co. still looking for potential investor; CBSL extends restrictions
Sep 18, 2019 (LBO) – Sri Lanka’s troubled The Finance Company is to call Expressions of Interest (EOIs) from potential investors and to request …
Karu Jayasuriya emerging as the UNF Presidential candidate
September 18, 2019 (LBO) – Speaker of Parliament, and one of Sri Lanka’s most distinguished statesman, Karu Jayasuriya has emerged as the …