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Uber arrives in Sri Lanka
Oct 22, 2015 (LBO) – Uber, a global ride sharing company in over 340 cities in 60 countries, launched in Sri Lanka, a statement said. “At Uber, every city that we launch outperforms its predecessor and we expect nothing less from Colombo. In fact, for months now, we know that demand for Uber has been […]
Dilmah for trade liberalization provided there is a master plan: Malik
Oct 22, 2015 (LBO) – Sri Lanka’s top tea company Dilmah supports trade liberalization provided there is a master plan in place, Malik J. Fernando, a director of Dilmah, said at a forum in Colombo. An effective plan where local corporates are consulted and given preference over foreign investors is necessary within any sector undergoing […]
LBR LBO Infrastructure Summit 2015 – “Making Colombo a Globally Competitive City” – 3rd & 4th November 2015
Topic: Making Colombo a Globally Competitive City Date/Time: 3rd November 2015 | 18:00 – 21:30 Hrs and 4th November 2015 | 07:30 – 19:00 Hrs Venue: Oak Room, Cinnamon Grand Host: Lakshaman Bandaranayake | Founding Publisher, Director | Lanka Business Online Inquiries: Lakshaman Bandaranayake | lakshaman@lbo.lk | 071 176 0167 or 072 776 0167 General | 071 466 0060 | summit@lbo.lk […]
Sri Lanka stocks close up 0.2-pct driven by retail activity
Oct 22, 2015 (LBO) – Sri Lankan stocks closed up 0.19 percent on Thursday for a third consecutive day driven by retail activity with gains in index heavy stocks, brokers said. The Colombo benchmark All Share Price Index closed higher 13.18 points at 7,068.85 higher 0.19 percent. S&P SL20 closed 10.24 points higher at 3,819.07 up […]
BOI conducts an investment forum in Japan
Since Japan has now emerged as potentially major source for Foreign Direct Investment to Sri Lanka, the Board of Investment of Sri Lanka organized an investment promotion mission in that country recently. This mission was a collaborative effort between the BOI and Japanese government two Institutes Japan External Trade Organization (JETRO), Japan International Corporation Agency […]
PTL Watch: Rs30 bn Sri Lanka treasury bonds on offer
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Finance Ministry to set up separate department for private sector from 2016
Oct 22, 2015 (LBO) – Sri Lanka’s Finance Ministry is to set up a separate department for the private sector development at the ministry from January 01, 2016, Minister Ravi Karunanayake said.Karunanayake said the upcoming budget will be a revolutionary one where the monopolistic approach of the government will be reduced with competitive element emerging […]
FM meets UN Assistant Secretary General for Political Affairs
The United Nations Assistant Secretary General for Political Affairs Mr. Miroslav Jenča called on the Hon.Minister of Foreign Affairs Mangala Samaraweera at the Ministry of Foreign Affairs yesterday (21/10/2015).