Sri Lanka state airlines to get $ 150 mn for further development: Budget 2015

Oct 24, 2014 (LBO) – Sri Lanka state airlines, SriLankan and Mihin air to get 150 million US dollars in year 2015 as the last phase for the development of its servicers, President said presenting a budget for 2015 at the parliament. He said the two airlines have gained the capacity of handling 25 airlines […]

‘s 2015 budget LIVE streaming

Oct 24, 2014 (LBO) – Sri Lanka’s President Mahinda Rajapaksa in his capacity as the Finance Minister currently delivers 2015 budget in Parliament. Watch Live:

Oct 21,2014 (LBO) – Sri Lanka Ceylon Chamber of Commerce plans to hold a post budget seminar to discuss the ‘National Budget of 2015’, which will be presented in Parliament on the 24thof October, 2014, chamber said in a media release. Top government officials, senior tax consultants and corporate executives have been lined up to […]

’’s growth

Oct 21, 2014 (LBO) – Sri Lanka’s Government urged to create a friendly regulatory framework to drive the growth of the small and medium enterprises in the island, chamber chief said. Tilt the policy framework in favor of SME’s, Suresh Shah, Chairman of the Ceylon Chamber of Commerce said. This is only fair since many […]

Sri Lanka to construct 537 rural bridges with an investment of US $162mn

Oct 20, 2014 (LBO) – Sri Lanka to construct and rehabilitate about 537 rural bridges with a credit facility of 162 million US dollars, provided by The Deutsche Bank AG (London) and the Bank of Tokyo-Mitsubishi UFG Ltd Finance ministry of Sri Lanka said. Added to that the ministry says the development of these bridges […]

Sri Lanka to establish a regulatory council to monitor issues in finance sector

Oct 20, 2014 (LBO) Sri Lanka’s cabinet of ministers had given approval to establish an Inter Regulatory Institutions Council with a view of identifying issues that require collective action by financial sector regulators.Establishment of the council plans to promote financial system stability and the development of the financial sector. Financial institutions include licensed banks, licensed […]

EXIM Malaysia sees expanding investments with Sri Lanka

Oct 16, 2014 (LBO) – Malaysian Export Import (EXIM) bank said that they are looking at opportunities in investing and helping with the rapid economic development in Sri Lanka. We are very much delighted to be here, Adissadikin Bin Ali, President and the Chief Executive of EXIM Bank Malaysia said. I have seen very impressive […]

LBR LBO Enterprise Summit 2014 – “Why Should Social, Mobile, Analytics and Cloud be in Your Transformation Agenda” – Tuesday 14th October 2014

Topic: Why Should Social, Mobile, Analytics and Cloud be in Your Transformation Agenda Date/Time: Tuesday 14th October 2014 | 0845- 1930 HRS Venue: OAK Room, Cinnamon Grand, Colombo Host: Lakshaman Bandaranayake | Founder, Publisher | Lanka Business Online [LBR LBO] [col type=”one-third”] Registration Form [/col] [col type=”one-third”] Summit Booklet [/col] [col type=”one-third last”] Summit Presentations [/col] [tabs] [tab […]

’s

Oct 13, 2014 (LBO) – Sri Lanka needs a credit rating system especially for the small and medium businesses to have easy access to finance, said Saman Kelegama, director of the Institute of Policy Studies, a think tank. Access to finance remains a key constraint for SME’s growth, with a one trillion dollar credit gap […]

’s: Chamber

Oct 13, 2014 (LBO) – Sri Lanka’s small and medium enterprises are encouraged to partner with big companies, so they could take advantage of consumer market and finance. The forum has organized by the Ceylon Chamber of Commerce who will bring together all stakeholders in the SME sector including policy makers, banks, service providers, technocrats […]

’s pensioners to get a digital ID

Oct 11, 2014 (LBO) – Sri Lanka’s Department of Pensions launches a digital identity card for pensioners in partnership with Sampath Bank, a private lender in the island, the bank said in a media release. The official launch of the card held 9th September 2014 at Pensioners ’Resort in Kelaniya with the participation of over […]

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