All Blogs
US Ambassador Atul Keshap visits Temple of the Tooth
U.S. Ambassador Atul Keshap made his first official visit outside of Colombo to Kandy today, visiting Sri Dalada Maligawa and paying his respects to the Most Venerable Galagama Sri Aththadassi Mahanayake Thero of the Asgiriya Chapter, Most Venerable Tibbatuwawe Sri Siddhartha Sumangala Mahanayake Thero of the Malwatta Chapter, and Most Venerable Napana Premasiri Mahanayake Thero […]
Rishad kick-starts third Lankan Industry & Commerce sprint
Sri Lanka is mulling a bigger role for private sector in the planned industry and commerce reforms-and Lankans of all hues are rallying round the leaders of the new consensual government, as declared on 09 September.“I look forward to an increased role and support of the Lankan business, exports and investment communities in our next […]
Sri Lanka appoints new State and Deputy Ministers
Sep 09, 2015 (LBO) – The swearing in ceremony of the new State and Deputy Ministers of the government held today at the Presidential Secretariat. New State and Deputy Ministers who took oaths before President Maithripala Sirisena are as follows. State Ministers 01 T.B. Ekanayake State Minister of Land 02 A.H.M. Fauzi State Minister of […]
Sri Lanka’s Hambantota port to be developed with dockyard facility
Sep 09, 2015 (LBO) – Sri Lanka’s Hambantota Port is to be developed with dockyard facilities at the port at an estimated cost of two billion rupees, media reports said.A Chinese company has responded positively to Ports and Shipping Minister Arjuna Ranatunga’s call for expression of interests from potential investors to build dockyard facilities at […]
Sri Lanka fruit exports up 51 pct, vegetables up 25 pct in 2014: CCC
Sep 09, 2015 (LBO) – Sri Lanka’s earnings from exports of fruits and vegetables during the year 2014 has increased compared to the previous year, the Ceylon Chamber of Commerce said. Referring to a study conducted by them, the chamber said earnings from fruit exports has seen the biggest jump, accounting for a 51 percent […]
Govt increases taxes on sugar and potatoes
Sep 09, 2015 (LBO) – Sri Lanka increased the import tax on potatoes by 10 rupees per kilogram and commodity levy of imported sugar by 12 rupees today. However controlled price remain unchanged at 95 rupees for packed sugar. Potato tax hike was driven by the domestically grown harvest that will come in to the […]
Sri Lanka stocks close up 0.8-pct; More retail activity
Sep 09, 2015 (LBO) – Sri Lankan stocks closed up 0.83 percent on Wednesday with index heavy and banking sector stocks showing gains, brokers said. The Colombo benchmark All Share Price Index closed up 58.79 points at 7,183.76 higher 0.83 percent. S&P SL20 closed 22.94 points lower at 3,937.55 up 0.59 percent. Turnover was 647 […]
Is the smart city significant for Sri Lanka?
Lamudi Sri Lanka explains the potential of the first smart city of the nation The Government of Sri Lanka has announced their plan to convert Kandy as the first smart city in the country. The definition of the words “smart city” lies within. Bringing it down to the scale of mobile phones identifies the city […]
Interview: SriLankan to fly more to India, Japan, China; eyes profitability next year
Sep 09, 2015 (LBO) – The national carrier SriLankan Airlines is planning to cut some unprofitable routes and expand to India, Japan and China, Ajith Dias, chairman of the airline told Lanka Business Online. “We are now rationalizing our fleet and rationalizing where we are going. We are increasing our flights to China, because our […]
Sri Lanka cabinet gets three more ministers, new secretaries appointed
Sep 09, 2015 (LBO) – Three new cabinet ministers were sworn in before President Maithripala Sirisena at the Presidential Secretariat today. 1. Malik Samarawickrama – Minister of Development Strategies and International Trade 2. Vijith Wijayamuni de Soysa – Minister of Irrigation and Water Resource Management 3. Faizer Mustafa – Minister of Local Government and Provincial […]