JICA signs LKR 48Bn concessionary loan to establish Malabe-Fort LRT
Mar 11, 2019 (LBO) – A concessionary loan agreement for JPY 30,040 million (approx. 48 billion rupees) was signed between the Government of Sri …
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Interview : Present and future trends in real-estate and condo market in Sri Lanka
Mar 11, 2019 (LBO) – The Blue Ocean Group of Companies has grown into a versatile conglomerate over the past few years. The group of companies engage in …
Breakthrough Business Intelligence identify points about evolving Sri Lankan consumer
Mar 08, 2019 (LBO) – As Sri Lanka steps-up to middle income status, Sri Lankans are stepping up to new opportunities and challenges. Based on their …
Sri Lanka’s former CB Gov. Mahendran on INTERPOL red alert for 2nd time
Mar 07, 2019 (LBO) – Sri Lanka’s President Maithripala Sirisena said the INTERPOL has issued a red notice for the arrest of absconding former …
Budget 2019 will empower people and nurture poor: Fin Min
Mar 05, 2019 (LBO) – Sri Lanka’s Budget – 2019 will focuses on Enterprise Sri Lanka empowering the people and nurturing the poor, the Finance …
Sexual harassment in public transport: Speak up, intervene and be the change
Mar 05, 2019 (LBO) – “I was travelling in a bus when the man seated next to me started to touch my thigh, while he was pretending to sleep. When I …
Prima Ceylon eyes more investments as it completes 40 years in Sri Lanka
Feb 28, 2019 (LBO) – Prima Ceylon, the flagship company of the Prima Group Sri Lanka, celebrated four decades of successful partnerships and growing …
Resus Energy to invest Rs.1.3Bn in hydro and solar power projects in Sri Lanka
Feb 26, 2019 (LBO) – Resus Energy PLC a renewable energy firm says they will be investing a staggering 1.3 billion rupees hydropower and solar power …
Sri Lanka’s vehicle registrations rebounds in Jan 2019
Feb 26, 2019 (LBO) – Sri Lanka’s vehicle registrations in the month of January 2019 on most categories have rebounded after witnessing a steep …
Sri Lanka’s Ceylinco Life posts income of Rs.29.2Bn; PBT of Rs7.2 Bn in 2018
Feb 26, 2019 (LBO) – Ceylinco Life has reported total income of 29.21 billion rupees for the year ending 31st December 2018 and recorded premium income …
Inflation likely to remain in 4 – 6 percent range in 2019: Central Bank projections
Feb 22, 2019 (LBO) – Projections of the Central Bank indicates that inflation is likely to remain in the desired 4 – 6 percent range in 2019 and …
Sri Lanka Tea export volumes and revenue up in Jan 2019
Feb 21, 2019 9LBO) – Sri Lanka tea export volumes for the month of January 2019 totalled 23.6 M/kgs, showing a gain of 2.7 M/kgs from the same period …
Sri Lanka could grow 20-pct in long-run by closing gender gap: WB Vice President
Feb 20, 2019 (LBO) – Sri Lanka specifically could grow its economy by as much as 20 percent in the long-run by closing the gender gap in the workforce, …
ADB, SL Uni’s ink deal of USD145Mn for science and tech higher education
Feb 14, 2019 (LBO) – The Asian Development Bank (ADB) and four Sri Lankan universities signed project agreements totaling US 145 million dollars under …
Sri Lanka Trade Min. launches digital platform for small, informal biz
Feb 14, 2019 (LBO) – Sri Lanka has began work on the first national digital data bank for its SMEs and entrepreneurs recently with the backing of a …
Sri Lanka PM launches island’s first social innovation lab
Feb 14, 2019 (LBO) – The Citra Social Innovation Lab, co-developed by the Ministry of Science, Technology and Research and the United Nations …
Hayleys records third quarter PBT of Rs.1.7Bn
Feb 12, 2019 (LBO) – Sri Lankan multinational, Hayleys PLC, recorded a strong all-round performance in the third quarter of 2018 (3Q18), as the Group …
Sri Lanka tourist arrivals up 2.2-pct in Jan 2019
Feb 12, 2019 (LBO) – The total number of international tourist arrivals to Sri Lanka during January 2019 was 244,239. In comparison to January 2018, …
Fuel prices increased but no room to increase transport charges: Finance Ministry
Feb 11, 2019 (LBO) – Government today revised the fuel prices and accordingly the prices of one liter of Petrol Octane 92 and the Auto Diesel have been …
Teejay reports 9-month net profit of Rs 1.26Bn
Feb 08, 2019 (LBO) – Teejay Lanka PLC has achieved its fifth consecutive quarter of top and bottom line growth in the third quarter of 2018-19, …