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India’s Prime Minister Modi to visit Sri Lanka: First visit after 28 years

Feb 20, 2015 (LBO) – India’s Prime Minister Narendra Modi will visit Sri Lanka on March 13 which is the first visit by an Indian leader to the …

February 20, 2015 | Economy | Read More

Sri Lanka’s discussion with IMF and the World Bank begun

Feb 20, 2015 (LBO) - Sri Lanka's Finance Minister Ravi Karunanayake has begun discussions with World Bank Managing Director Sri Mulyani Indrawati and with IMF …

February 20, 2015 | Economy | Read More

Sri Lanka and IMF talks kicks off

Feb 19, 2015 (LBO) – Sri Lanka Finance Minister Ravi Karunanayake and International Monetary Fund Managing Director Christine Largarde discussion had …

February 19, 2015 | Economy | Read More
Sri Lanka’s President visits India

Sri Lanka’s President visits India

Feb 15, 2015 (LBO) - Sri Lanka’s President Maithripala Sirisena is to leave for India today as his first official foreign visit after assumed office in …

February 15, 2015 | Politics | Read More

Sri Lanka to attract Indian investments

Feb 13, 2015 (LBO) – Sri Lanka’s new administration plans to attract Indian Investments in to the Indian Ocean Island, and to develop strong …

February 13, 2015 | Economy | Read More

Sri Lanka’s senior appointments to be decided by Constitutional Council: Deputy Policy Planning

Feb 09, 2015 (LBO) – Sri Lanka’s new government would take steps to appoint a Constitutional Council including senior respected people and …

February 9, 2015 | Economy | Read More

Sri Lanka revises mansion tax rules: Report

Feb 09, 2015 (LBO) – Sri Lanka’s proposed Mansion Tax was amended imposing on houses larger than 10,000 square feet, which is twice as large as …

February 9, 2015 | Economy | Read More

Sri Lanka’s economic relations with India to play a crucial role in making Island an economic hub: Chamber CEO

Feb 09, 2015 (LBO) – Sri Lanka’s economic relations with India will play a crucial role in making Sri Lanka an international logistic hub, Chief …

February 9, 2015 | Economy | Read More
Sri Lanka’s former president Rajapakse goes to jail: Report

Sri Lanka’s former president Rajapakse goes to jail: Report

Feb 09, 2015 (LBO) – Sri Lanka’s former President Mahinda Rajapakse visited his recently acquired ally Tissa Attanayake today. He is accused of …

February 9, 2015 | Politics | Read More

Sri Lanka sealed the $750,000 Strauss-Kahn deal

Feb 06, 2015 (LBO) – Sri Lanka’s new government has wrapped the deal with former IMF Chief Dominique Strauss-Kahn after paying USD 750,000 for …

February 6, 2015 | Economy | Read More

Sri Lanka’s Port City project to go ahead; China may get the land: Minister

Feb 06, 2015 (LBO) – Sri Lanka’s Port City project would go ahead as the appointed committee to review the project had now found that an …

February 6, 2015 | Economy | Read More

Sri Lanka’s PM calls for Unity and Harmony among the communities in going forward

Feb 05, 2015 (LBO) – Sri Lanka has gained another chance to rebuild the nation with unity and harmony among communities, Sri Lanka’s Prime Minister …

February 5, 2015 | Economy | Read More

Sri Lanka’s policy of Going Forward not what you see: Deputy Affairs Minister

Feb 05, 2015 (LBO) – Sri Lanka’s Deputy Policy Planning and Economic Affairs Minister Dr. Harsha de Silva, said that the new government would get …

February 5, 2015 | Economy | Read More

Sri Lanka to generate revenue though taxes, not by printing money: Deputy Minister of Economy

Feb 05, 2015 (LBO) – Sri Lanka’s Deputy Policy Planning and Economic Affairs Minister Dr. Harsha de Silva, said that the new government would not …

February 5, 2015 | Economy | Read More

Sri Lanka Chamber Chief says not all private sector cos have ill-gotten gains

Feb. 05, 2015 (LBO) – Sri Lanka’s Chamber Chief commenting on the slapping taxes on the private sector by the new government, said that not all …

February 5, 2015 | Economy | Read More

Sri Lanka’s Finance Minister justifies the Mansion Tax

Feb 02, 2015 (LBO) – Sri Lanka’s Finance Minister said he was ready to pay Mansion Tax even though his house was less than 5000 square feet. He …

February 2, 2015 | Economy | Read More

Sri Lanka Treasury bill yields flat: Central Bank

Feb 02, 2015 (LBO) – Sri Lanka's Treasury bill yields were flat on Monday’s auction with the 12-month yield unchanged at 6.05 percent, data from …

February 2, 2015 | Economy | Read More

Sri Lanka’s total public debt ratio increased to 88.9 pct – Finance Minister

Jan 31, 2015 (LBO) – Sri Lanka’s Total Debt to Gross Domestic Product (GDP) ratio would increase to 88.9 percent from reported 74.4 percent of the …

January 31, 2015 | Economy | Read More

Sri Lanka’s inflation surges to 3.2-pct in January 2015: Central Bank

Jan 31, 2015 (LBO) –Sri Lanka inflation increased to 3.2 percent in January 2015 from 2.1 per cent in December 2014, on a year-on year basis, as a result …

January 31, 2015 | Economy | Read More

Sri Lanka’s government taxed individual car importers

Jan 30, 2015 (LBO) – Sri Lanka’s new government impose an annual license fee of 1.5 million rupees irrespective of the fact whether importers are …

January 30, 2015 | Economy | Read More
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