Done Deal
Mar 15 (LBO) - The Treasury inked a deal with China National Machinery and Equipment Corporation on Wednesday, to build a US$ 455 million power plant in …
Sri Lanka’s balance of payments records US$100 mn surplus
Mar. 15 (LBO) – Sri Lanka's balance of payments (BOP) has recorded a US$100 million surplus for the two-months to February, the Central Bank said …
Extra Support
Mar. 14 (LBO) – The International Finance Corp. said Tuesday that they have tied up with four Sri Lankan banks to increase access to finance small and …
Safe Passage
Mar. 13 (LBO) - Sri Lanka will push for an open skies agreement with India, on the sidelines of trade talks in May to liberalise service sectors of both …
Digital Actuaries
Mar13. (LBO) -- Sri Lanka’s accountants have come up with a digital solution to combat the shortage of actuaries in the country. The solution involves …
Basic Pay
Mar13. (LBO) -- Sri Lanka™s public sector unions are threatening a 24hour strike later this week as a dispute over a proposed pay hike continues. online …
Expensive Chat
Mar. 13 (LBO) – Sri Lanka's two private wireless local loop telecom operators have been called up to pay around Rs. 400 million as duties for importing …
Hot Potatoes
Mar. 11 (LBO) - Vanaspati, pepper and haggling over negative lists has pushed back trade talks between India and Sri Lanka on liberalising its service sectors, …
Scrapping By
Mar10. (LBO) -- The government doubled a cess on nonferrous metal exports in a move to keep down raw material costs of small scale brass and copper based metal …
Safe e-road
Mar. 10 (LBO) -- Sri Lanka cleared the way for safer e-commerce this week by passing a new law that strengthened the legal validity of electronic transactions. …
Wider Base
Mar.10 (Dow Jones)--Sri Lanka's Softlogic Holdings Ltd. online pharmacy buy spiriva inhaler with best prices today in the USA said Friday it has bought the …
Debt Swap
Mar. 09 (LBO) -- State-run People's Bank is negotiating with the treasury to replace over Rs. online pharmacy buy spiriva inhaler with best prices today in the …
Small Fry
Mar. 09 (LBO) – Sri Lanka has raised the minimum investment limit by five times to US$250,000 with immediate effect for foreigners operating restaurants, …
Hillside Homes
Mar 09 (LBO) - A group of Singaporean investors will put in US$ 6 million to build a luxury condominium complex in hill country Kandy. online pharmacy buy …
Public Talk
Mar09. (LBO) -- Sri Lanka’s only payphone operator, Tritel Services will invest US $35 million over three years to set up its own CDMA based public phone …
Mighty Atom
Mar. 08 (LBO) – Sri Lanka is pushing for greater access into the Indian banking industry when both countries meet for bilateral trade talks in May, …
Pushing North
Mar. 08 (AFP) - Sri Lankan mobile phone company Celltel Wednesday announced plans to invest 100 million dollars to bring services to the island's embattled …
Green Money
Mar08 (LBO) – The Treasury is to fork out a subsidy for wood based electricity generation, making tariffs for dendro-power higher and more …
Alternate Fuel
Mar08. (LBO) -- Sri Lanka’s fuel station operators are warning potential industry newcomers of the downside of petroleum retailing in an effort to halt …
Buckled
Mar. 07 (LBO) -- The monetary board of Sri Lanka's central bank is now short of one member as a procedural snag has held up the appointment of a replacement. …