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Sri Lanka budget should signal revenue generation reforms: economist

Sri Lanka budget should signal revenue generation reforms: economist

Oct 28, 2015 (LBO) – Sri Lanka’s new budget’s main feature should be revenue generation, a senior economist said. “Sri Lanka’s budget should focus …

October 28, 2015 | Budget | 0 | Read More
Commercial real estate market has high potential for ROI: analysts

Commercial real estate market has high potential for ROI: analysts

Oct 26, 2015 (LBO) – The demand for Sri Lanka’s commercial property is growing and there will be high potential for return on investment, experts said. …

October 25, 2015 | Real Estate & Construction | Read More
Infrastructure: Megapolis needs to overcome several challenges, says Champika

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 …

October 18, 2015 | Real Estate & Construction | 0 | Read More
Interview: New plans to be unveiled in Megapolis infrastructure

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 …

October 16, 2015 | Real Estate & Construction | 0 | Read More
Sri Lanka’s new fuel pricing formula with Finance Ministry: Min. Champika

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 …

October 15, 2015 | Petroleum, Power | Read More
Sri Lanka needs a common framework for pensions: economists

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 …

October 9, 2015 | Economy, Featured | 0 | Read More
Q&A: Condos nearing peak, shortage in ‘A’ grade commercial property

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 …

October 6, 2015 | Real Estate & Construction | Read More
“Megapolis” Sri Lanka’s road to better sustainable development: Minister    

“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 …

October 1, 2015 | Economy, Featured | 0 | Read More
Urbanization will play a key role in Sri Lanka’s way forward: Min Hakeem

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 …

September 30, 2015 | Economy | Read More
Sri Lanka shipping can play a vital role in economy: Pandithage

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 …

September 27, 2015 | Banking and Finance | 0 | Read More
Colombo Fashion Week to push resort wear as a high growth industry

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 …

September 24, 2015 | Industry | Read More
Sierra Cables to set up manufacturing plant in Kenya

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 …

September 22, 2015 | Power | Read More
Sri Lanka’s Dialog increases stake in wow.lk

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 …

September 16, 2015 | Markets | Read More
Youth unemployment can be addressed through technical training: Susil

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. …

September 10, 2015 | Technology | 0 | Read More
Reforms needed for better Sri Lanka female labor force participation: World Bank

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. …

September 9, 2015 | Banking and Finance | Read More
Sri Lanka’s capital skyline changes with rise in luxury apartment market: report   

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 …

September 6, 2015 | Featured, Real Estate & Construction | Read More
Sri Lanka gearing up for period of continuous growth: Softlogic Stockbrokers

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 …

September 3, 2015 | Companies | Read More
Sri Lanka stocks close down 0.6-pct

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 …

August 20, 2015 | Markets | Read More
Sri Lanka’s new government needs to have clarity in economic policy: Fitch

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 …

August 19, 2015 | Economy | Read More

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 …

August 19, 2015 | Industry | Read More
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