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Sri Lanka’s Altair residential tower to be built by Shapoorji Pallonji

Feb 11, 2014 (LBO) – A 68-storey lakefront apartment tower tipped to be tallest residential tower in South Asia when completed in 2017 will be built by …

February 11, 2014 | Real Estate & Construction | Read More

Lubricant Liberties

Nov 26, 2013 (LBO) – Sri Lanka will shortly license more players to sell lubricants in in the island officials said, expanding the freedoms of citizens. …

November 26, 2013 | Petroleum | Read More

Sri Lanka’s Water’s Edge seeking investor for hotel

Oct 29, 2013 (LBO) – Water’s Edge, a hospitality facility coming under Sri Lanka’s Urban Development Authority is seeking investors to build …

October 29, 2013 | Tourism | Read More

Sri Lanka Mattala airport duty free to open shortly

Oct 17, 2013 (LBO) – Duty free shopping facilities at Sri Lanka’s Mattala airport may open within two weeks, a top official said. Dufry said in …

October 17, 2013 | Aviation | Read More

Online Reports

Oct 11, 2013 (LBO) – Sri Lanka’s credit information office will give online access for individuals to check their own status and get reports, an …

October 11, 2013 | Banking and Finance | Read More

Sri Lanka Crown project to be built on same place: minister

Aug 08, 2013 (LBO) – A large casino resort by Australia’s Crown group will be built on the original location and they have only been informed to …

August 8, 2013 | Tourism | Read More

Sri Lanka imposes 10 percent tax on gold imports

June 21, 2013 (LBO) – Sri Lanka slapped a 10 percent tax on gold, a senior government official deputy Treasury Secretary S R Attygalle said, as world …

June 21, 2013 | Trade | Read More

Sri Lanka fishermen will be safer with vessel monitoring system: minister

June 14, 2014 (LBO) – Sri Lanka is expecting to have a vessel monitoring system operating within five months which will provide up to date weather …

June 14, 2013 | Agriculture | Read More

Crown Australia’s Sri Lanka unit to target China and India: JV partner

June 5, 2013 (LBO) – A luxury hotel with Australian casino magnate James Packer’s Crown group targeting Indian and Chinese high rollers may need an …

June 5, 2013 | Tourism | Read More

Sri Lanka to call tenders for duty free emporium in Mattala: minister

May 10, 2013 (LBO) – Sri Lanka will tender a concession to operate a duty free shopping complex in the newly opened Mattala airport, aviation minister …

May 10, 2013 | Aviation | Read More

Knowledge Cluster

Mar 21, 2013 (LBO) – Sri Lanka Urban Development Authority and the military is building a ‘knowledge park’ in the capital Colombo at the cost …

March 21, 2013 | Technology | Read More

Sri Lanka start-up in medical tourism bid with Durdans

Jan 11, 2013 (LBO) – Healing Journey, a leisure sector start-up is offering medical tourism services as Sri Lanka attracts more foreign visitors after …

January 11, 2013 | Tourism | Read More

Sri Lanka flights by Korean Air from March

Dec 08, 2012 (LBO) – Korean Air would resume flying to Sri Lanka three times a week from March 09, after a lapse of 28 years, which can boost tourist …

December 8, 2012 | Aviation | Read More

Sri Lanka ‘Uga Bay’ hotel expects to open this month: official

Oct 12, 2012 (LBO) – Sri Lanka’s Uga Escapes leisure group will open a resort in the north eastern coast of Passikudah and the firm expects to sell …

October 12, 2012 | Tourism | Read More

Sri Lanka state-carrier to invest Rs200mn in flight kitchen

Oct 03, 2012 (LBO) – State-run SriLankan Airlines will invest 200 million rupees to build a flight kitchen at the second international airport which is …

October 3, 2012 | Aviation | Read More

Sri Lanka Laugfs expects 398-room hotel chain by end 2014

Aug 30, 2012 (LBO) – Sri Lanka’s Laugfs group is expecting to have 398 hotel rooms operational by end 2014 under its ‘Ananthaya’ …

August 30, 2012 | Tourism | Read More

Sri Lanka raises tobacco, alcohol taxes

Mar 31, 2012 (LBO) – Sri Lanka’s finance ministry said it had raised taxes on tobacco, alcohol and beer, including higher import duties on imported …

March 31, 2012 | Economy | Read More

Sri Lanka apparel exporter says US demand to be strong

Mar 09, 2012 (LBO) – Demand from the United States for apparels would be strong this year, though Europe may be weak and domestic conditions in China, a …

March 9, 2012 | Apparel | Read More

Sri Lanka mulls convention centre near airport: official

Mar 08, 2012 (LBO) – Sri Lanka is exploring the possibility of building an international convention centre close to the main airport in Katunayake …

March 8, 2012 | Tourism | Read More

Sri Lanka export fair signs up 370 exhibitors

Mar 07, 2012 (LBO) – Sri Lanka Expo 2012 will kick off on March 28, with 370 exhibitors and a series of technical sessions and 700 foreign visitors …

March 7, 2012 | Trade | Read More
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