Interview : How SL’s housing market is gearing to meet economic, environmental and social challenges
Apr 30, 2019 (LBO) – Sri Lanka’s Landmark Group, a real estate development company bent on challenging traditional approaches to the …
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Sri Lanka vehicle registrations rebound in March 2019
Apr. 29, 2019 (LBO) – Vehicle registrations rebounded on most categories in March recording a total of 35,150 units up from 29,837 units the previous …
Dialog will double every donation up to Rs.100Mn to help victims of 21st Apr tragedy
Apr 29, 2019 (LBO) – ‘Dialog Foundation’, a charitable trust under the aegis of Dialog Axiata PLC, invites all Sri Lankans to help victims of the …
CEB Eng Union points fingers at PUCSL and Snr. Govt officials for power crisis
Apr 04, 2019 (LBO) – The power crisis in the country is mainly due to the timely non approval of the `Least Cost Long-Term Generation Expansion Plan’ …
Opinion: SL Planters Assosiation on allegations of labour abuse
The Planters’ Association of Ceylon (PA) wishes to draw the general public’s attention to serious factual misrepresentations and inaccuracies initially …
Huawei CEO and Founder expects revenue to touch USD125Bn in 2019
Apr 01, 2019 (LBO) – Ren Zhengfei, CEO and Founder of Huawei, recently said that 2019 could be a difficult year for Huawei, and however the company, is …
Construction of Sri Lanka’s first Cold Storage complex for perishables inaugurated
Mar 30, 2019 (LBO) – The construction of Sri Lanka’s first Temperature and Humidity Controlled Warehouse Complex for Perishables was initiated today …
Kottawa-Makumbura multimodal transport center opens 31st March
Mar 29, 2019 (LBO) – The Kottawa-Makumbura multimodal transport center, the first of its kind in Sri Lanka providing seamless access for …
How will Brexit impact UK-SL trade: RIU report
Mar 29. 2019 (LBO) – The United Kingdom is one of the major trading partners of Sri Lanka, amounting to over 10 percent of the total annual trade. The …
“Apartment sales slowing due to relatively lesser cash flows for these investments” HNB CEO
Mar 27, 2019 (LBO) – Successful real estate sector outcomes will be dependent upon sound strategy that puts into place foreign investment for new …
OBG Sri Lanka report:Looks at steps being taken to encourage innovation and boost export earnings to USD20Bn in 2019
Mar 27, 2019 (LBO) – A new report from research and consultancy firm Oxford Business Group (OBG) shines a spotlight on Sri Lanka’s wide-ranging plan …
Sri Lanka’s Oceanpick first in South Asia to earn certification for offshore farming
Mar 27, 2019 (LBO) – Oceanpick (Pvt) Ltd., has been awarded the Best Aquaculture Practices (BAP) certification, making Sri Lanka a pioneer in South Asia …
SLTDA promises to issue renewal licenses in one day
Mar 26, 2019 (LBO) – The Sri Lanka Tourism Development Authority (SLTDA) is now fully geared to issue renewals for accommodation and service providers in …
USD3.85Bn oil refinery, cement plant projects launched in Sri Lanka’s Hambantota
Mar 25, 2019 (LBO) – Inaugurating the construction work of the US 3.85 billion dollar oil refinery project and the cement manufacturing plant in …
Ceylon Chamber of Commerce celebrating 180 years serving the business community
Mar 25, 2019 (LBO) – The Ceylon Chamber of Commerce (CCC) was founded on 25 March 1893, for the purpose of best promoting the interests of commerce. This …
Sri Lanka to discuss draft national policy on LNG
Mar 22, 2019 (LBO) – The Ministry of Highways and Road Development together with Petroleum Resources Development has developed the draft national policy …
Concessional loan of USD 989Mn from China’s EXIM Bank for Central Expressway
Mar 22, 2019 (LBO) – The Export- Import Bank of China (EXIM Bank) has agreed to provide a concessional loan amounting to US 989 million dollars covering …
“Open, free, secure and resilient cyberspace vital for development and democracy” British HC to SL
Mar 22, 2019 (LBO) – At the launch of the “Cyber Resilience for Development” project, British High Commissioner to Sri Lanka James Dauris noted the …
Sri Lanka’s NBFIs pressured by weak economic growth and vehicle sales
Mar 21, 2019 (LBO) – Fitch Ratings expects Sri Lankan non-banking financial institutions (NBFI) to continue to face pressure on asset quality and …
Sri Lanka GDP grows 3.2-pct in 2018
Mar 21, 2019 (LBO) – The Department of Census and Statistics (DCS) releasing the estimated Gross Domestic Product (GDP) data said the islands economic …