Guru.lk launches course on how to make money on the Internet

Can individuals make money safely and legitimately on the Internet? The answer according to Guru.lk is yes, and Sri Lanka’s leading edutainment website has launched an online course to teach how. Available at just Rs 10/- per day, ‘How to do Online Jobs’ shows how any skilled person with imagination can market himself or herself […]

Poverty in Sri Lanka down, revenue shortfall a concern: World Bank

Feb 16, 2016 (LBO) – Sri Lanka has reduced poverty to below 7 percent of the population but future prosperity will depend on addressing chronic revenue short falls and fostering a more competitive and inclusive economy, the World Bank said in research findings announced today. “The Sri Lanka poverty assessment has found that the falling […]

Commercial Bank customers to receive discounts for Health Packages

The Commercial Bank of Ceylon has enhanced the value of its savings products for women and senior citizens through a partnership with the Asiri Group of Hospitals to offer customers in these categories an exclusive discount on selected diagnostic services. A Memorandum of Understanding signed by the two entities paves the way for holders of […]

Sri Lanka stocks close down 0.3-pct; Continued foreign outflow

Feb 15, 2016 – Sri Lanka’s stocks closed down at 0.27 percent for a seventh continuous session with continued foreign selling and some institutional participation witnessed, brokers said. The Colombo benchmark All Share Price Index (ASPI) closed 16.83 points down at 6,266.17 down 0.27 percent. 6,266.17-16.83-0.27% The S&P SL20 closed 4.70 points down at 3,260.24 […]

Papyrus opens larger, better-equipped Print Point at new home in Colombo

Papyrus Corporation has opened a spacious new Print Point in Colombo, significantly enhancing services, speed and customer convenience in its on-demand, quick-print digital printing business. Centrally located in a purpose-designed building within the YWCA premises at Union Place, Colombo 2, the new Print Point has received new equipment and more staff to fulfil its promise […]

‘s NDB profits up 46-pct in Dec

Feb 15, 2016 (LBO) – Sri Lanka’s National Development Bank’s profits were up 46 percent to 1,254 million rupees in the December 2015 quarter from a year earlier, interim accounts filled with the Colombo Stock Exchange said. The group reported earnings of 7.62 rupees per share. In the December quarter interest income rose 8.7 percent […]

‘s visit

Feb 15, 2016 (LBO) – Sri Lanka’s President Maithripala Sirisena is on an official visit to Germany and Austria with the aim of further strengthening the economic and trade cooperation between the island and the two countries, a statement said. A special discussion between the President and the German Economic Affairs Minister is scheduled to […]

Sri Lanka’s Colombo Port records highest daily volume of 22,422 TEUs

Feb 12, 2016 (LBO) – Sri Lanka’s Ministry of Ports and Shipping said the Colombo Port recorded its highest daily handling of 22,422 TEUs on 9 February, up from 22,186 recorded on 28 April last year. Of the total 22,422 containers handled at Colombo port Tuesday, 9, 875 or 44 percent had been done at […]

Sri Lanka can be pendent in the necklace: Tourism officials

Feb 11, 2016 (LBO) – Sri Lanka is a market on the verge of taking off as tourist hot spot and the island should try to lure more brands into the country, a senior industry official said. “Sri Lanka is the pendent in the necklace, you have unique location right in the middle of the […]

Sri Lanka CSE calls proposals for CCP suppliers  

Feb 11, 2016 (LBO) – Sri Lanka’s Colombo Stock Exchange says they are calling for Request for Information (RFIs) inviting potential suppliers for the Central Counter Party (CCP) system to be implement in early 2017. “Upon completion of the first phase of the project, we have now issued a Request for Information (RFI) to engage potential suppliers,” […]

“Doing our best to live up to expectations of PM”: Harsha

Feb 10, 2016 (LBO) – Sri Lanka’s Deputy Minister of Foreign Affairs assures that although there is some frustration at the Prime Ministers level with regards to Foreign Ministry performance, they are doing their utmost to prove themselves. “We are a new and liberal government and we need to get on with it. Most importantly […]

BOI briefs non-resident ambassadors, defence attaches at Koggala Zone

The BOI organized a special programme for 57 Non-resident Heads of mission and Defence Advisors and Defence Attaches who were visiting Sri Lanka to attend the 68th Independence Day celebrations in Colombo. The group which consisted of many Ambassadors and High Commissioners was visiting different parts of the Island under a programme organized by the […]

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