Tag: lbo.lk
RIU to host UK-Sri Lanka Investor Forum for 3rd consecutive year in London
Colombo, Sri Lanka – The Research Intelligence Unit will be hosting its annual edition of RIU Investor Forum on Thursday May 17 2018 at the Sri Lanka High Commission in London, UK.The Forum’s objective is to promote and channel investment into Sri Lanka from among the high net worth individuals (HNI) living overseas while also […]
‘s Hatton Plantations starts trading on CSE
Feb 02, 2018 (LBO) – The shares of Hatton Plantations Ltd (CODE: HPL) commenced trading on the Colombo Stock Exchange (CSE) today. The shares, which were listed by way of an introduction on the Diri Savi Board of the CSE have been classified under the ‘Plantations’ sector. The occasion was marked through a Bell Ringing […]
Sri Lanka signs the Framework Agreement on International Solar Alliance
Feb 02, 2018(LBO) – The High Commissioner for Sri Lanka in India, Chitranganee Wagiswara signed the Framework Agreement of the International Solar Alliance (ISA) at the Ministry of External Affairs of India in New Delhi, recently. Once the Agreement is ratified, Sri Lanka will become a founding member of the International Solar Alliance. With a […]
‘s LOFC acquired a 100 percent shares of LOLC Micro Credit
Feb 01, 2018 (LBO) – LOLC Finance PLC (LOFC) said the company has acquired a 100 percent shares of LOLC Micro Credit for 12.3 billion rupees. The shares were brought at 156.18 a share, the Company said in a stock exchange filing. LOFC Finance acquired 80 percent of LOLC Micro Credit from the parent company for […]
LG Election 2018 : An interview with Milinda Rajapaksa, SLPP Candidate
An Interview with Milinda Rajapaksa, SLPP Candidate (also known as ‘Pohottuwa’ party) for the Colombo Municipal Council What makes you want to go into politics? The power of the Colombo Municipal Council has been with one single party all this time. What good has it done for you? The CMC is meant to be the […]
”s Supreme Global Holdings
Feb 02, 2018 (LBO) – Supreme Global Holdings, and Alibaba Group owned “Alitrip” which is now called “Fliggy”, launched the “Sri Lanka Pavilion” in “Fliggy’s tourism platform that will target to bring a million new Chinese tourists to Sri Lanka every year. The grand launch was made in Beijing, Tuesday. Alibaba, setting new standards in its […]
Sri Lanka launches retirement living with Catalina Villas
Jan 31, 2018 (LBO) – Granite Capital announced the launch of Catalina Koggala, a first-of-its-kind residential community villa development targeting the fast growing ageing population in the island. The project will comprise 22 villas on 5.75 acres of land surroufnded by paddy fields near the Koggala Lake where Catalina flying boats coming from Australia used to […]
Sri Lanka to be build a “Dream World” at Waters Edge, Battramulla
Jan 29, 2018 (LBO) – Sri Lanka’s Urban Development Authority’s Waters Edge, together with Melchers Project Management Pte Ltd will build a theme park overlooking the waters of the Diyawannna, a Minister said. “This will be a 600 million rupees investment.The 40-meter high Ferris Wheel will be one of the main attractions at the park with […]
CHEC to kick off Port City project with billion dollar towers : Minister
Jan 26, 2018 (LBO) – Sri Lanka government has signed two Memorandums of Understanding with China Harbour Engineering Company (CHEC) to facilitate investment on Colombo International Finance City (CIFC) to construct a building complex and an underground marine drive road tunnel, a Minister said. “CHEC want to kick start investment and the project company has indicated […]
Sri Lanka’s eZ Cash launches QR Functionality on App
Jan 25, 2018 (LBO) – Sri Lanka’s eZ Cash, a mobile money and payment service has launched the Quick Response (QR) code feature on its app enabling users to “Scan to Pay” and “Scan to Transfer” through their smartphone. The latest QR code based “Scan & Pay” feature will be available via the eZ Cash app […]
‘s, Explores FTA option
Jan 25, 2018 (LBO) – President of Indonesia Joko Widodo in the island on a offical vist met with Sri Lanka’s President and exchanged views on the progress and challenges in the bilateral cooperation and agreed to enhance cooperation for the mutual benefit. President Widodo conveyed Indonesia’s commitment to contribute towards Sri Lanka’s development, particularly in infrastructure and connectivity. Both […]
‘s Softlogic Holdings plans Rs7bn equity sale
Jan 25, 2018 (LBO) – Softlogic Holdings PLC has come to an agreement with Samena Ceylon Holdings Ltd., a Mauritius based firm to raise 7 billion rupees from a placement of shares to raise private equity. The board of directors of Softlogic has decided to place 182.22 million shares with Samena Ceylon Holdings Ltd at 17 rupees a […]