Future of Sri Lanka Tourism
September 23, 2019 (LBO) – Prime Minister Ranil Wickremesinghe was the chief guest at the annual 2019 Cinnamon Hotels Future of Tourism Summit. The …
Vehicle registrations marginally down in August 2019
Sep 23, 2019 (LBO) – Sri Lanka’s total motor car registrations recorded 2,385 units in August down from 2,584 units in July and significantly down …
Mobitel joins hands with Peradeniya Uni to conduct research on Kandy air pollution
Sep 23, 2019 (LBO) – Air pollution is becoming an eminent threat to humanity and long-term health effects from air pollution include heart disease, lung …
Youth leaders vow continued pressure to address climate emergency
Sep 23, 2019 (LBO) – A day after thousands of young people marched and rallied for urgent climate action, young leaders brought their message to the United …
Ranil rubbishes criticism of Cabinet move to abolish Executive Presidency
September 22, 2019 (LBO) – Unofficial English Translation of the Statement of the Prime Minister today: Prime Minister Ranil Wickremesinghe addressing …
No ‘bad time’ to do a good thing – Sumanthiran on Executive Presidency
September 21, 2019 (LBO) – TNA MP M. A. Sumanthiran commenting on the potential abolition of Sri Lanka’s Executive Presidency has stated that there …
Teejay grabs ‘Best Exporter Award –Textile Sector’ at Presidential Export Awards
Teejay Lanka PLC, Sri Lanka’s only multinational textile manufacturer, was adjudged the Best Textile Exporter in Sri Lanka at the 2019 Presidential Export …
Global financial assets fall, SL economy slows: Report
Sep 20, 2019 (LBO) – Allianz’s Global Wealth Report, which puts the asset and debt situation of households in more than 50 countries/regions under the …
Enterprise Sri Lanka introduces mobile service islandwide
Sep 20, 2019 (LBO) – The Finance Ministry has made arrangments to reach the people and conduct Enterprise Sri Lanka mobile service island-wide in order …
Executive Presidency abolition blocked, MPs who campaigned on abolition platform responsible
September 20, 2019 (LBO) – Last minute moves to advance proposals to abolish Sri Lanka’s Executive Presidency were blocked yesterday, ironically by …
CBSL permits Sinhaputhra Finance to implement proposed capital augmentation plan
Sep 19, 2019 (LBO) – Monetary Board of the Central Bank of Sri Lanka has decided to provide Sinhaputhra Finance with an opportunity to implement the proposed …
Fitch assigns SriLankan Airlines’ guaranteed USD bonds ‘B’ final rating
Sep 19, 2019 (LBO) – Fitch Ratings has assigned a final ‘B’ rating to SriLankan Airlines Limited’s (SLA) USD175 million …
Mastercard Track to modernize USD125Tn global B2B payments market
Advances in technology and actionable real-time data are driving businesses to operate faster and smarter. Yet, business payments are often rooted in legacy …
Central Bank cancels license issued to TKS Finance Limited
Sep 19, 2019 (LBO) – Sri Lanka’s Monetary Board of the Central Bank has decided to cancel the licence issued to TKS Finance Limited (TKSF) to carry on …
Germany, an important donor and technical partner for Vocational Training: Fin Min
Sep 19, 2019 (LBO) – For over six decades, Germany has remained Sri Lanka’s most important donor and technical partner for Vocational Training, Finance …
Sri Lanka GDP growth 1.6-pct in Q2
Sep 19, 2019 (LBO) – Sri Lanka’s Gross Domestic Product (GDP) growth rate for the second quarter of 2019 has been estimated as 1.6 percent, a new …
Sri Lanka’s Presidential Election on Nov 16: Election Commission
Sep 18, 2019 (LBO) – Sri Lanka’s Presidential Election will be held on November 16, Chairman of the Election Commission Mahinda Deshapriya said. …
Chinese government nominated CEIEC & ALIT but Rs2bn never paid to ALIT: Mahinda
Sep 18, 2019 (LBO) – Sri Lanka’s ex-President Mahinda Rajapaksa says that the China National Electronics Corporation and ALIT were nominated by the Chinese …
USD50mn from Saudi Fund for new Medical Faculty in Sabaragamuwa University
Sep 18, 2019 (LBO) – Saudi Fund for Development (SFD) has agreed to provide a concessional loan amounting to Saudi Riyal 187.5 Million (USD 50 mn) to …
PM’s says economy stabilizing: looking at leapfrog growth trajectory
Sep 18, 2019 (LBO) – Sri Lanka’s Prime Minister Ranil Wickremesinghe says the government’s plans to put the island on a leapfrog trajectory …