Sri Lanka Customs to investigate waste containers: Fin Min

Jul 24, 2019 (LBO) – The Finance Minister has ordered Sri Lanka’s Customs to conduct an investigation into the import of containers containing clinical waste to the island. He has warned that legal action will against those responsible, the Finance Ministry said issuing a statement. Minister Mangala Samaraweera has ordered Customs Director General P.S.M Charles […]

CEAT launches new radial tyre range with Rs.350Mn production upgrade

Jul 23, 2019 (LBO) – CEAT, a tyre brand has unveiled a new series of radial tyres in Sri Lanka following an investment of 350 million rupees to further upgrade the quality of a product category. The improvements, achieved with the installation of new state-of-the-art machinery and the use of new compounds with advanced polymers […]

Sri Lanka vehicle registrations down in June 2019

Jul 22, 2019 (LBO) – Sri Lanka’s vehicle registrations across most categories have declined in June relative to May, a new report shows. Data compiled by JB Securities equities research shows a drop in 2-wheeler registrations have driven down the total to 26,201 the lowest on record over the past 36 months. The slowdown and […]

Sri Lanka needs to improve energy sector governance: Dr Priyantha Wijetunga

Jul 19, 2019 (LBO) – Sri Lanka has a long way to go when it comes to energy sector governance Director, Asian Development Bank, South Asia Energy Division, Dr Priyantha Wijetunga at the ‘techno’ 2019 launch at Marino Beach Colombo held recently. “With all advancement and with all progress in the energy sector in various […]

England wins 2019 Cricket World Cup

Jul 15, 2019 (LBO) – England pulled off the greatest World Cup final win over New Zealand to secure cup after a nail-biting tie-break finish, Sunday at Lords. Both teams ended up equals, not once, but twice.First, in the regular game, then in the Super Over. Eoin Morgan’s side finished on 241 all out in […]

‘s “Enterprise SL” exhibition goes to A’pura in July

Jul 15, 2019 (LBO) – The Finance Ministry’S “Enterprise Sri Lanka” exhibition will be held in Anuradhapura from July 24-27. This exhibition will be a platform for intended entrepreneurs to obtain the knowhow and share knowledge on the enterprise development. Arrangements have been made through the State and private banks and other relevant agencies to […]

John Keells empowers skills development of over 9200 youth in 2018/19

(PRESS RELEASE) “When I came home with my poor O/L results, my father asked me what I would do with my life now? He actually gave up on me. It was my mother who stood by me, pushed me and supported me when I decided to apply for the John Keells Vocational Training Programme last […]

Women and an Ageing Population: What are the implications for Sri Lanka?

Jul 08, 2019) – The United Nations Population Fund (UNFPA) brought international policymakers to discuss feminization of ageing in Sri Lanka, in line with World Population Day. The life expectancy of a Sri Lankan woman is 79 years, as opposed to 72 years for a Sri Lankan man. This means that at age 60, females […]

Ground handling, aviation fuel, and embarkation levy reduced for 6 months to boost tourism

Jul 09, 2019 (LBO) – Sri Lanka Tourism Development Authority together with the Prime Minister’s office, the Minister of Tourism, Wildlife and Christian Religious Affairs, John Amaratunga and the Civil Aviation Authority of Sri Lanka tabled a cabinet paper and received the approval for the reduction of ground handling charges, aviation fuel, and the embarkation […]

Two appointments to Sri Lanka Treasury

Jul 08, 2019 (LBO) – Sri Lanka’s Finance Ministry has announced the appointment of two new officials to the Treasury. K.D. R Olga of the Sri Lanka Accountancy Service has been appointed as the Director General of the Treasury Operations Department. And R.M. A. Rathnayaka has assumed duties as Director General of the State Accounts […]

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