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Jul 23, 2015 10:58:06 PM - dailymirror.lk
​The United National Party, which is heading the United National Front for Good Governance coalition in the upcoming polls, outlined its 5-year manifesto based on 5 pillars, which included economic, educational, social and infrastructure development as well as eliminating corruption.
Jul 22, 2015 11:10:51 PM - dailymirror.lk
The United National Front for Good Governance (UNFGG), if elected, will introduce sweeping changes to the county’s economy for the betterment of the ordinary people, Policy Planning Deputy Minister Dr. Harsha De Silva said yesterday. 
Jul 21, 2015 11:02:46 PM - dailymirror.lk
​Top officials from Hyatt Hotels were in Sri Lanka at the invitation of Finance Minister Ravi Karunanayake. The officials were updated about the current status of the Hyatt Regency Hotel in Colpetty. 
Jul 20, 2015 11:21:37 PM - dailymirror.lk
The rebased gross domestic product (GDP) of the country may not exceed the 6 percent growth seen in the first quarter of 2015 for the rest of the year, according to a high-ranking official of the Central Bank...
Jul 20, 2015 12:25:40 AM - dailymirror.lk
Two Chinese tourists in Negombo are seen enjoying a king coconut to quench their thirst.
Jul 19, 2015 3:48:57 PM - LBO.com
July 20, 2015 (LBO) – Sri Lanka’s election watchdog PAFFREL says the organization have received 200 complaints in relation to 203 electoral and general law violations by yesterday afternoon. Among them 17 are related to acts of violence and 20 incidents of electoral and general law violations. As per the PAFFREL statistical report of election […]
Jul 19, 2015 3:11:30 PM - LBO.com
Are you prone to Cancer or Heart Disease? Go to a Union Chemist Pharmacy and find out now”, says Dr Vaz Gnanam, Director Credence Genomics, subsequent to their tie up with Union Chemists. Credence Genomics is now working with Union Chemists (Pte) limited to assist you in finding out your risk of getting cancer and […]
Jul 19, 2015 3:06:52 PM - LBO.com
Pakistan High Commissioner hosts Eid dinner for Sri Lanka, Pakistan Cricket teams
July 20, 2015 (LBO) – The High Commission of Pakistan in Sri Lanka recently hosted a colorful reception for the National teams and managements of Pakistan and Sri Lanka Cricket, in Colombo. “The current series has been a memorable one for both sides, for Pakistan it was significant due to our first test series victory […]
Jul 19, 2015 6:35:43 AM - LBO.com
July 19, 2015 (LBO) – International phone makers Apple and Samsung are in advanced talks to produce phones with embedded SIMs that will make use of SIM cards obsolete. Industry associations such as GSMA together with phone makers are working on a ‘common architecture’ which could take at least one year to deploy, the UK-based […]
Jul 18, 2015 10:41:23 PM - LBO.com
India is planning a feasibility study for a bridge that connects India and Sri Lanka which may cost $3.6 billion, Indian media reported. Nitin Gadkari, the Minister for Road Transport, Highways and Shipping, said he had discussed this with the Chairman of Asian Development Bank and the Bank was prepared to finance it. “The distance […]
Jul 17, 2015 11:51:58 PM - LBO.com
Intel, the world’s leading semiconductor company, reported higher than expected earnings this week even though sales of chips for PCs were predictably lower. The California-based chipmaker posted second-quarter earnings of 55 cents per share on revenue of $13.2 billion above analyst expectations of 50 cents a share on $13.04 billion revenue. “Second-quarter results demonstrate the [...
Jul 17, 2015 2:30:00 PM - dailymirror.lk
The results of the upcoming election would not pose a threat to the natural growth of the Sri Lankan economy;...
Jul 17, 2015 1:27:35 PM - LBO.com
July 17, 2015 (LBO) – Sri Lanka’s Central Bank on Friday signed the 1.1 billion US dollars worth currency swap agreement with Indian Reserve Bank in New Delhi. The Central Bank releasing a statement said this new facility will allow the Bank to further strengthen its position in the financial market and bring greater stability […]
Jul 17, 2015 7:29:12 AM - LBO.com
July 17, 2015 (LBO) – Sri Lanka’s Planters’ Association of Ceylon said it will cost 18 billion per year for the industry to pay the 1000 rupees wage hike offer for workers, a statement said. The Regional Plantation Companies (RPCs) recently proposed a productivity linked wage proposal and raise the daily pay to 1000 rupees […]
Jul 17, 2015 4:51:45 AM - LBO.com
July 17, 2015 (LBO) – Sri Lanka’s Marxist JVP on Friday filed a petition with the Human Rights Commission against former President Mahinda Rajapaksa’s use of state vehicles and security. The petition filed by JVP Kurunegala District team leader Namal Karunaratne points out that the human rights of other candidates (Right to equality) are being […]
Jul 17, 2015 4:15:30 AM - LBO.com
Sri Lanka’s Finance Minister Ravi Karunanayake on Friday (17) met  the newly appointed Ambassador of the Republic of Korea to Sri Lanka, Chang Won-sam.
Jul 17, 2015 4:03:53 AM - LBO.com
Shopping Fashion Online: An enormous opportunity for entrepreneurs but are we ready yet?
July 16, 2015 (LBO) – Sri Lankan fashion entrepreneurs are open to vast opportunities in the digital space but will have to face a different set of challenges, a Sri Lankan entrepreneur said. “The number of opportunities in the digital domain as an entrepreneur is enormous,” Linda Speldewinde, Founder and Managing Director, AOD International Design […]
Jul 17, 2015 2:15:23 AM - LBO.com
(Nestlé News Release) – Nestlé Professional, the leading out-of-home food and beverage solutions provider of Nestlé Lanka, joined hands with the Chefs Guild of Lanka to become Platinum Sponsor for Sri Lanka’s largest food and trade exhibition, Culinary Art 2015. As one of the most sought-after food exhibitions for the F&B fraternity, attracting over 2,000 […]
Jul 17, 2015 2:06:44 AM - LBO.com
July 17, 2015 (LBO) – Sri Lanka’s Fitch Ratings has assigned Bank of Ceylon’s proposed Basel II-compliant subordinated debentures of up to 8 billion rupees an expected national long term rating of ‘AA(lka)(EXP)’. The proposed issuance, which will have tenors of five and eight years and carry fixed and floating coupons, will be listed on the […]
Jul 16, 2015 10:38:57 PM - dailymirror.lk
Mobile money service eZ Cash launched the world’s first inter-operable mobile payment system to facilitate foreign remittances to reach customers directly on their mobile phone.
Jul 16, 2015 3:54:59 PM - LBO.com
July 17, 2015 (LBO) – Sri Lanka’s Hikkaduwa Beach Resort is to borrow 480 million rupees from Sampath Bank after mortgaging its land and building, the company said. The company will be calling for a shareholder meeting to seek necessary approval for the said borrowing and the mortgage of the property. “The entirety of the […]
Jul 16, 2015 3:39:17 PM - LBO.com
July 17, 2015 (LBO) – Sri Lanka’s government will consider a further reduction in the fuel price if oil prices in the world drop, the Finance Minister said. “If the world oil prices drop then we will also reduce the fuel prices in the country but the prices have not dropped yet,” Ravi Karunanayake, Finance […]
Jul 16, 2015 3:06:09 PM - LBO.com
July 17, 2015 (LBO) – An efficient service delivery in the public service is crucial not only to achieve a competitive economy but also to meet the needs of poor and vulnerable sections of the society, a think tank said. “The efficiency of the public service, in terms of policy development and service delivery, is […]
Jul 16, 2015 6:35:11 AM - LBO.com
July 16, 2015 (LBO) – Sri Lanka’s stocks closed up 0.82 percent on Thursday, on two week high with telecom and banking sector stocks showing gains, brokers said. The Colombo benchmark All Share Price Index closed 57.95 points higher at 7,124.14 up 0.82 percent. The S&P SL20 closed 33.50 points higher at 3,991.21 up 0.85 […]
Jul 16, 2015 6:15:55 AM - LBO.com
July 16, 2015 (LBO) – Sri Lanka’s government asked Prime Minister, the Ministers, State Ministers, Deputy Ministers and the officials to pay a fee for using their official vehicles to promote their political party or candidature in upcoming general election. The decision was made at a meeting held between the Commissioner of Elections and the […]
Jul 16, 2015 5:44:04 AM - LBO.com
July 16, 2015 (LBO) – Sri Lanka’s government to construct four lane steel flyover in Rajagiriya- Colombo, and two lane flyovers in Ganemulla and Polgahawela to ease the traffic congestion in the Colombo city and suburbs with 53 million Euro credit from Spain, cabinet spokesman Rajitha Senaratne said. The credit from government of Spain which […]
Jul 16, 2015 5:10:23 AM - LBO.com
July 16, 2015 (LBO) – Sri Lankan government has decided to extend the guaranteed price of 80 rupees per kilogram of green leaf produced by tea smallholders until this August. Cabinet of Ministers has approved a proposal by Plantation Industries Minister Lakshman Kiriella to extend this scheme implemented under the 100 day programme of the […]
Jul 16, 2015 4:57:37 AM - LBO.com
July 16, 2015 (LBO) – Sri Lanka’s Finance Minister, Ravi Karunanayake said that all the Golden Key depositors will be paid on 24th of July 2015. “We are paying the Golden Key depositors on 24th,” the Minister told reporters in Colombo, Thursday. “The exact amount to be paid has not yet been decided yet,” The […]
Jul 16, 2015 4:33:08 AM - LBO.com
July 16, 2015 (LBO) – Sri Lanka’s state-run Ceylon Electricity Board (CEB) has given approval to purchase a 60MegaWatt barge mounted power plant for 571 million yen (641 million rupees). The agreement on purchasing of electricity from the power plant has expired on 30th of June 2015. The proposal to purchase the plant has been […]
Jul 16, 2015 4:13:15 AM - LBO.com
July 16, 2015 (LBO) – Sri Lanka’s cabinet of ministers have given approval to transport the plant of “Gyrinopswalla” or “Walla –Patta” on commercial basis, based on a permit issued by the respective authority, cabinet spokesman Rajitha Senaratne said. The proposal were made by the President Maithripala Sirisena in his capacity as the Minister of […]
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