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 …
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. …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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’ …
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 …
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 …
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 …
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 …