HNB approves USD50 mln share issue to ADB, up to 9.9 pct stake
Sept 01, 2016 (LBO) - The Hatton National Bank PLC board has approved issuing shares for 50 million dollars to the Asian Development Bank by way of a private …
Sept 01, 2016 (LBO) - The Hatton National Bank PLC board has approved issuing shares for 50 million dollars to the Asian Development Bank by way of a private …
Aug 29, 2016 (LBO) – The proposed project to set up a Volkswagen car plant in Sri Lanka has temporarily been halted, Deputy Minister of Public Enterprise …
Aug 29, 2016 (LBO) – Sri Lanka’s tea industry players have opposed the Finance Ministry’s move to appropriate the funds accumulated by Tea Board, …
Aug 29, 2016 (LBO) - Singapore is working on how to "air gap" web access for public servants as a defense against cyber attacks, a media report said.buy …
Aug 26, 2016 (LBO) - LAUGFS Lubricants has opened Sri Lanka’s first Tribology Park at the BOI Export Processing Park in Nittambuwa, for research and …
Aug 26, 2016 (LBO) - Sri Lanka is seeking a partner from the Indian subcontinent to develop a port designed to be its deepest and accommodate the world’s …
Aug 25, 2016 (LBO) – Sri Lanka needs to get into the game of global production networks and needs to treat trade agreements seriously, a government minister …
Aug 25, 2016 (LBO) - Sri Lanka will be looking towards China and India for growth, in terms of geography, while looking for niche sector growth from MICE …
Aug 24, 2016 (LBO) - Sri Lanka’s cabinet has approved a fertilizer subsidy for tea, coconut and rubber smallholders who own cultivated land in extent of two …
Aug 24, 2016 (LBO) –Sri Lanka’s cabinet has approved appointment of the Public Utilities Commission as the regulator of the lubricant industry and bitumen …
Aug 24, 2016 (LBO) - A multinational team led by U.S. Pacific Command has concluded a week-long assistance program in Jaffna, providing general medical care …
Aug 22, 2016 (LBO) – SriLankan Airlines, which usually gets in the spotlight for allegations of cronyism, has done a turnaround by suspending a pilot who …
Aug 19, 2016 (LBO) – Sri Lanka will see some new IPOs on the Colombo Stock Exchange by the end of 2016 and also expect some non strategic state enterprises …
Aug 19, 2016 (LBO) – Tourist arrivals to Sri Lanka hit an all-time high in July this year, statistics from Sri Lanka Tourism Development Authority showed. …
Aug 18, 2016 (LBO) – Sri Lanka's Ministry of Telecommunication and Digital Infrastructure and Huawei have signed a Memorandum of Understanding on information …
Aug 18, 2016 (LBO) - Sri Lanka's Cabinet has approved promoting solar power on the roofs of homes so that at least 20 percent of consumers produce electricity. …
By Lancelot The Sampur power plant has been a topic of much contention over the last few years. Now there is a school of thought that the plant should be …
Aug 16, 2016 (LBO) - Chinese firms have shown keen interest in setting up tinned fish, and gem and jewellery enterprises in a proposed special industrial zone …
Aug 15, 2016 (LBO) – London Stock Exchange Group’s Business Services division (LSEG BSL) will soon open its new headquarters in the historic Expert City …
Aug 15, 2016 (LBO) - Sri Lanka, one of the top two emerging hotel and resort markets in Asia, is to host the first Asia Hotel and Tourism Investment Conference …