‘s real estate sector shows no sign of a bubble: industry professional

Mar 12, 2015 (LBO) – Sri Lanka’s real estate sector is not in danger of reaching a property bubble as it is still growing at a faster pace than the economy and is showing signs of continuing to do so, a real estate professional says. Since 2005 the island real estate market has grown from […]

’s real estate sector shows no sign of a bubble: industry professional

Mar 12, 2015 (LBO) – Sri Lanka’s real estate sector is not in danger of reaching a property bubble as it is still growing at a faster pace than the economy and is showing signs of continuing to do so, a real estate professional says.Since 2005 the island real estate market has grown from 7.6 […]

MacBook

Mar 12, 2015 (LBO) – PC giant Apple recently launched its thinnest Mac ever made under the name of ‘MacBook’ despite consumer sentiments growing up against the all in one dynamic port of the new device.The USB-C port which limits input and output signals to a single port became the center of criticism as consumers […]

Corruption Allegations

Mar 12, 2015 (LBO) – Sri Lanka’s minister for child development Rosy Senanayake said some bribery and corruption arrests are delayed because it has to be dealt with through the stipulated legal channels.I have taken my grievances to minister John Amarathunga and the prime minister and have clearly explained that we are bound by the […]

Indian fisherman

Mar 12, 2015 (LBO) – Sri Lanka’s government said in a statement 86 fishermen will be release back to India to correspond with Prime Minister Narendra Modi’s visit to the island, tomorrow.India’s Prime Minister Narendra Modi will visit Sri Lanka on a three day tour commencing 13th March. His visit will be the first visit […]

Colombo Stock Exchange to host a series of workshops to empower investors

Mar 11, 2015 (LBO) – The Colombo Stock Exchange will host a series of workshops to empower retail investors engaged in the Stock Market by educating them on the most prudent means of investment, the company said.The workshop is aimed at retail investors and conducted in association with the Institute of Chartered Accountants of Sri […]

60+

Mar 11, 2015 (LBO) – Sri Lanka’s state banks have extended the 15 percent senior citizens interest rate scheme for new fixed deposits of up to one million rupees amid quarries from dissatisfied elders. Even though the scheme has been extended, general manager of bank of Ceylon D.M Gunasekara said that banks will consider only […]

Sri Lanka appoints a three member committee to probe Treasury bond allegation

Mar 10, 2015 (LBO) – A three member board was appointed today by the Prime Minister of Sri Lanka to probe the alleged Treasury bond allegation, Prime Minister’s office said in a statement.It also said that the government will take necessary steps according to report of findinhs of this committee.The statement reproduced below :- Urgent […]

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