Infrastructure: Megapolis needs to overcome several challenges, says Champika
Oct 19 2015, (LBO) – The Minister for Megapolis Champika Ranawaka says that if the Megapolis mega development project is to be successful then it must …
Interview: New plans to be unveiled in Megapolis infrastructure
Oct 16, 2015 (LBO) – Sri Lanka’s new minister for the Megapolis, Champika Ranawaka, has big plans in mind for the region that spans the Western …
Sri Lanka’s new fuel pricing formula with Finance Ministry: Min. Champika
Oct 15, 2015 (LBO) – Sri Lanka’s Minister of Megapolis and Western Province Development and former Minister of Power and Energy says that a cabinet …
Sri Lanka needs a common framework for pensions: economists
Oct 09, 2015 (LBO) – All elderly in Sri Lanka should have access to at least one reliable, affordable and adequate pension, economists said. “An adequate …
Q&A: Condos nearing peak, shortage in ‘A’ grade commercial property
Oct 06, 2015 (LBO) – Apartment complexes have had a strong hand in shaping the skyline of Colombo with the island’s real estate and construction …
“Megapolis” Sri Lanka’s road to better sustainable development: Minister
Oct 01, 2015 (LBO) – Mega cities are important to transform Sri Lanka into a smart country and Colombo will remain as the epicenter for economic …
Urbanization will play a key role in Sri Lanka’s way forward: Min Hakeem
Sep 30, 2015 (LBO) – Sri Lanka’s future will be defined by the success of its management of urbanization, Rauff Hakeem, minister of City Planning and …
Sri Lanka shipping can play a vital role in economy: Pandithage
Sep 27, 2015 (LBO) – Sri Lanka’s maritime industry can boost and support the islands efforts in international trade and investments to enable further …
Colombo Fashion Week to push resort wear as a high growth industry
Sep 24, 2015 (LBO) – Sri Lanka’s Colombo Fashion Week is pushing resort wear as a high growth industry in the region while enabling the island’s …
Sierra Cables to set up manufacturing plant in Kenya
Sep 22, 2015 (LBO) – Sri Lanka’s Sierra Cables, a listed power cable maker, said it will be setting up a manufacturing plant in Kenya to supply …
Sri Lanka’s Dialog increases stake in wow.lk
Sep 16, 2015 (LBO) – Sri Lanka’s Dialog Axiata has increased its stake from 46 percent to one hundred percent in e-commerce website, wow.lk, brokers …
Youth unemployment can be addressed through technical training: Susil
Sep 10, 2015 (LBO) – Sri Lanka can overcome its youth unemployment issue by developing technical education, the newly appointed minister for technology says. …
Reforms needed for better Sri Lanka female labor force participation: World Bank
Sep 10, 2015 (LBO) – Legal discrimination, which can affect female labor force participation, is prevalent in Sri Lanka, a new World Bank report says. …
Sri Lanka’s capital skyline changes with rise in luxury apartment market: report
Sep 06, 2015 (LBO) – The skyline of Sri Lanka’s capital is growing in terms of the number of luxury apartment units with the market expected to reach …
Sri Lanka gearing up for period of continuous growth: Softlogic Stockbrokers
Sep 03, 2015 (LBO) – Sri Lanka is heading into a decisive phase and we expect continuous growth in the island for the next few years through consistent …
Sri Lanka stocks close down 0.6-pct
Aug 20, 2015 (LBO) – Sri Lankan stocks closed down Thursday with volatility returning to the market as it lost steam amid on-going discussions among the …
Sri Lanka’s new government needs to have clarity in economic policy: Fitch
Aug 19, 2015 (LBO) – Sri Lanka’s newly elected govenment should pay close attenttion to greater clarity on economic policy as the change in January …
Sri Lanka’s construction industry lacks proper policy: official
Aug 19, 2015 (LBO) – Sri Lanka’s construction industry policy changes when governments change and this is a major concern facing the industry, a senior …
Sri Lanka’s ruling UNP wins parliamentary election, eyes national government
Aug 18, 2015 (LBO) – Results of Sri Lanka’s parliamentary election shows the United National Party won enough seats to be the single-largest party in the …
Sri Lanka’s ‘B+’ rating confirmed: S&P rating
Aug 07, 2015 (LBO) – Standard & Poor’s ratings has confirmed Sri Lanka’s ‘B+’ rating with a stable outlook, a statement …