CA Sri Lanka, IFAC and SAFA in joint effort to empower Asia’s SMEs

In a fresh effort aimed at empowering the Small and Medium practitioners and enterprises in the South Asian region, the Institute of Chartered Accountants of Sri Lanka together with the International Federation of Accountants (IFAC) and the South Asian Federation of Accountants (SAFA), has organized a regional SMP Forum to help educate Small and Medium […]

IMF Executive Director Subir Gokarn meets Minister Amunugama

Dr. Sarath Amunugama minister for Special Assignments met Dr. Subir Gokarn, Executive Director of International Monetary Fund at the Ministry office yesterday ( 4th January ). At this discussion views were exchanged regarding the present Economic Situation of Sri Lanka. Dr. Nandalal Weerasinghe, Deputy Governor of Central Bank of Sri Lanka also participated at the […]

USD80mn LAUGFS LPG Terminal takes-off ground

LAUGFS Terminals Limited joined together with China Huanqiu Contracting & Construction Corporation (HQC) to officially break ground for the 45,000MT LAUGFS LPG Import/Export Terminal at Hambantota Port, with a massive investment of over USD 80 million allocated for the project. The Terminal will be the first step in building a regional energy distribution hub in […]

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Newly elected officers of Sri Lanka Cricket calls on President

The board of officers, including the newly elected President of Sri Lanka Cricket Board – Thilanga Sumathipala called on President Maithripala Sirisena at the Presidential Secetariat, yesterday (04). President Sirisena congratulated Sumathipala on his victory. He also engaged in a very cordial and friendly discussion with the officials. The officials apprised the President regarding the […]

Lanka Walltiles and Lanka Tiles receives Green Building Certification

Lanka Walltiles PLC and Lanka Tiles PLC, the pioneers in wall and floor tile manufacturing in Sri Lanka, have been committed to the well-being of the environment in order to preserve its beauty. In an effort to go beyond its endeavors to not only control and maintain, but also to continually improve the surrounding environment […]

Pakistan PM on three-day visit to Sri Lanka

Jan 04, 2015 (LBO) – Pakistan’s Prime Minister Nawaz Sharif will be in Sri Lanka this week on a three-day visit for bilateral talks with the government and to launch a single country exhibition. Among topics to be discussed include the existing Free-Trade Agreement and cooperation in several areas including health, science and technology, money […]

Sri Lanka’s Prime Minister appoints committee for constitutional reforms

  Dec 29, 2015 (LBO) Sri Lanka’s Prime Minister, Ranil Wickremesinghe has appointed a 24-member committee from political and civil society to obtain views on constitutional reforms from the public. The move has received approval of the Cabinet, , a statement said. The Committee comprises of leading lawyers and civil society persons and include, Faizer […]

Polythene bag restriction in effect from next month

Dec 28, 2015 (LBO) – The ban restricting indiscriminate use of polythene bags at groceries and retail outlets in Sri Lanka will come into effect from January 1, 2016, according to the Department of Government Information. “The legislation was brought in to combat the generous use of shopping bags and food wrappers in shopping malls […]

Surprise visit signals possible thawing of India-Pakistan relations

Dec 28, 2015 (LBO) – A surprise visit on Christmas Day between the leaders of India and Pakistan could be a sign of thawing relations between the two nuclear-armed countries.Indian Prime Minister Narendra Modi’s trip to meet his Pakistani counterpart Nawaz Sharif is the first visit to Pakistan by an Indian prime minister in almost […]

Game changing property projects in emerging markets 2015

The skylines of the world’s emerging cities are being transformed. Colombo is no exception. As construction booms in the emerging markets, cities in these regions will soon be home to record-breaking property developments and some of the most ground-breaking real estate the world has seen. As the year draws to a close, online property portal […]

Seylan eyes aggressive growth plans and innovative products in 2016: CEO

Seylan Bank, ‘the bank with a heart’, identified as one of the six systemically important banks in Sri Lanka by the Central Bank of Sri Lanka believes their best brand ambassadors are their customers.Perceived as a friendly and caring bank, Seylan saw further expansion as a whole in 2015.The branch network grew up to 159 […]

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