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 …
Sri Lanka to stop importing noodles from India
June 24, 2015 (LBO) – Sri Lanka’s government has decided to stop importing noodles from India, Minister of Industry and Commerce said. “We have already …
Nestle Lanka welcomes government move to test Maggi: ITI report due Thursday
Jun 23, 2015 (LBO) – Nestle Lanka, a unit of a Swiss-based food group said, they welcomed the move by the government to test their popular brand Maggi for …
Sri Lanka’s GDP grows 6.4-pct in 2015 first quarter
Jun 16, 2015 (LBO) – Sri Lanka’s economy grew at 6.4 percent in the first quarter of this year with growth in the services sector, the statistics …
Investments will flow into Sri Lanka after polls: CBK
June 16, 2015 (LBO) – Investors are waiting for the upcoming election to finish in order to bring in new projects to Sri Lanka, former President Chandrika …
Sri Lanka stocks close up 0.1-pct following four days of losses
Jun 12, 2015 (LBO) – Sri Lanka’s stocks closed up at 0.14 percent following four days of losses with index heavy stocks making gains Friday, brokers said. …
Cycling Culture Can Help Cure Sri Lanka’s Road Congestion: Min Ranawaka
Jun 04, 2015 (LBO) – Cycling can help reducing the congestion on Sri Lanka urban roads and conserve energy, Minister of Power and Energy said. “A …
Sri Lanka to provide air facilities to concur Asian tourist arrivals: Minister
Jun 01, 2015 (LBO) – Sri Lanka increase tourist arrivals from the Asia – Pacific region through bi-lateral aviation agreements, a Minister said. “There …
Sri Lanka to host international marine life conference in 2016
May 29, 2015 (LBO) – Sri Lanka will host the second International conference on marine mammals in the Indian ocean to help promote and encourage conservation …
Sri Lanka needs a stronger female work force: Economist
May 28, 2015 (LBO) – Sri Lanka needs to look at ways to address, the lower female participation in the labour force and the under employment of the educated …
Sri Lanka’s CPC will stop bank borrowings to pay taxes against CPC act: Minister
May 21, 2015 (LBO) – Sri Lanka’s state-owned petroleum refiner Ceylon Petroleum Corporation (CPC) is to discontinue the process of paying taxes out of …
Sri Lanka’s tertiary education sector needs more private investments: Economist
May 19, 2015 (LBO) – Sri Lanka’s public sector dominated education sector needs more private investments coming in through local or foreign channels to …
Sri Lanka’s economic growth losing steam: former Central banker
May 18, 2015 (LBO) – Sri Lanka’s economy is at cross road and is losing steam due to the lack of a resource base and external sector vulnerability, an …
Sri Lanka’s energy sector pricing a crucial factor in country’s competitiveness: Economist
May 08, 2015 (LBO) – Sri Lanka’s energy sector price structure and availability plays a crucial part in the economy’s competitiveness, a senior …
Sri Lanka should strive for better balance between social development and wealth creation: Economist
May 05, 2015 (LBO) – Sri Lanka has good social development indicators but lack the appropriate balance between social development and wealth creation, a …
SriLankan airlines to address corruption allegations through new management structure: Chairman
Apr 27, 2015 (LBO) – State-run SriLankan airline chief says a committee has been appointed to look in to the alleged allegations made in the recent …
Sri Lanka to expand dam safety program
Feb 08, 2011 (LBO) – Sri Lanka will expand its dam safety program to cover more large reservoirs and will ask for additional funding from the World Bank …
Sri Lanka insurer to invest in leisure sector
Feb 01, 2011 (LBO) – Sri Lanka’s state-owned Sri Lanka Insurance Corporation will invest in the fast-growing tourism sector by building a hotel in …
Sri Lanka tourist office in home stay push
Jan 25, 2011 (LBO) – Sri Lanka Tourist board wants to promote home stays giving the opportunity to a broader section of the community to participate in …