5-star hotel to be built in Kandy under BOI agreement
Oct 09, 2019 (LBO) – The Board of Investment of Sri Lanka signed an agreement with Star Class Hotel (Pvt) Ltd., to set up 67 room 5-star hotel which will be …
Sri Lanka unemployment up in Q2 2019
Oct 09, 2019 (LBO) – T h e n u m b e r o f unemployed persons in Sri Lanka is estimated as 420,231 or 4.9 percent during the second quarter 2019, a new …
Sri Lanka needs consistent energy policy to attract investors: Prof Samarajiva
Oct 09, 2019 (LBO) – Sri Lanka is in the need of consistent and solid policies in order to attract investors and planned infrastructure framework which …
Sampath Bank ranks among Sri Lanka’s 10 Most Admired Companies
Standing testimony to its superlative service to the nation, Sampath Bank was placed among Sri Lanka’s 10 Most Admired Companies at the ‘Most Admired …
JKH ranked Sri Lanka’s most respected entity
Oct 08, 2019 (LBO) – John Keells Holdings PLC (JKH) was ranked as the most respected entity in Sri Lanka, for a record 14th year by LMD magazine. In …
John Keells Holdings ranked as Sri Lanka’s Most Respected Entity for 14th year
John Keells Holdings PLC (JKH) was ranked as the Most Respected entity in Sri Lanka for a record 14th year, in the recently released edition of LMD’s Most …
Altair infuses USD 25 mn via syndicated loan
Oct 08, 2019 (LBO) – A consortium of leading local banks, comprising of the Bank of Ceylon, NDB Bank and National Savings Bank has raised a syndicated loan …
SL’s can create efficient energy sector through stakeholder dialogue
Oct 08, 2019 (LBO) – Sri Lanka should have a dialogue among all the stakeholders as to how to move forward and create an efficient energy sector that …
Commercial Bank blocks sale of MTD Walkers (KAPI) to Ravi Wijeratne
October 8, 2019 (LBO) – Colombo Stock Exchange (CSE) listed construction firm MTD Walkers (KAPI), in a stock exchange disclosure, informed the …
Softlogic Capital to raise Rs1.5Bn
Oct 08, 2019 (LBO) – Softlogic Capital PLC has decided to raise Rs 1,500 million through a debenture issue, a statement said. Soflogic Capital said in a …
Sri Lanka appointed to key posts in World Tourism Organization
Oct 07, 2019 (LBO) – Sri Lanka has been appointed as one of the two Vice-Chairpersons for the South Asia Commission of United Nations World Tourism …
Sri Lankan bank lending rate cap may not support loan growth : Fitch
Oct 07, 2019 (LBO) – The lending rate cap recently imposed by the Central Bank of Sri Lanka (CBSL) on rupee-denominated loans extended by Sri Lankan …
Sri Lanka presidential rivals hand in nominations
Oct 07, 2019 (LBO) – Sri Lanka presidential rivals handed in their nomination papers for the upcoming Presidential Election. Minister Sajith Premadasa and …
Sri Lanka tourist arrivals down 27-pct in Sep 2019
Oct 07, 2019 (LBO) – The total number of tourist arrivals to Sri Lanka during September 2019 was 108,575, down from 149,087 visitors or 27.2 percent from …
Cinnamon’s 15th property, Velifushi Maldives opens
Oct 07, 2019 (LBO) – Cinnamon Hotels and Resorts, the leisure arm of John Keells Holdings continues expansion with the opening of its newest hotel, …
Esala Weerakoon approved as next secretary-general SAARC
Oct 07, 2019 (LBO) – The informal meeting of the council of ministers of the South Asian Association for Regional Cooperation (SAARC) held in New York …
All borrowings since 2016 used to settle Rajapaksa loans: Mangala
On 9th January 2015, as the Rajapaksa family took-off to Medamulana, they flew past many of their white elephants. In Colombo, it was the Lotus Tower. As they …
Price of Litro brand domestic gas cylinders down
The price of Litro brand gas cylinders has been reduced from midnight today. The prices of 5 Kg and 2.3 Kg LPG gas cylinders too have been reduced accordingly. …
We will ensure that Sri Lanka meets its voluntary intl commitments: Sajith
Oct 04, 2019 (LBO) – Presidential Candidate of the United National Front, Sajith Premadasa at an interaction with the Diplomatic Corps, assured that he is …
LankaPropertyWeb partners with HNB for Home Loan Products
LankaPropertyweb.com (LPW), Sri Lanka’s premier property site, recently tied up with Hatton National Bank (HNB) to offer its customers a range of home loan …