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19th of July 2018
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Minister Fonseka not sure of his political future2018-07-02 04:25:47
Minister Field Marshal Sarath Fonseka says that he is not sure whether he would be elected to parliament in the forthcoming election. He was spea -
Human-killing wild elephant captured (Photos)2018-07-02 04:20:59
Wildlife officials have captured a 9-foot tusker that had recently killed a woman in Kivula, Kottukachchiya. The tusker was captured in Simentiga -
Railway security officers to be deployed in civvies2018-07-02 03:51:08
Minister of Transport, Nimal Siripala de Silva says Railway security officers will be deployed inside trains in civvies to prevent destructive activit -
South Africa captain calls for harsher punishments for ball-tampering2018-07-02 03:43:24
South Africa captain Faf du Plessis has called for the ICC to apply harsher punishments to those who are caught altering the condition of the ball.&nb -
Hand grenade attack in Kuliyapitiya2018-07-02 03:26:42
Four persons including a woman were injured in a hand grenade attack which was carried out targeting a house in Bohingamuwa, Kuliyapitiya. The at -
Divers close-in stranded Thai boys2018-07-02 02:03:03
A group of Thai and Australian divers has closed in on the spot inside a flooded Thailand cave where they believe 12 boys and their soccer coach are t -
National policy for export development2018-07-02 01:58:57
The Export Development Authority is planning to formulate a national policy for export development with the support of public and private sector. -
Cocaine worth Rs. 35mn retrieved from Brazilians2018-07-02 01:51:28
The medical staff at Negombo Hospital has retrieved 153 cocaine capsules from the two Brazilians who were arrested at the Bandaranaike International A -
Vehicle used by Matara robbers found2018-07-02 01:18:23
The motor car used by the underworld gangsters to flee after the robbery at a jewellery shop in Matara was found in Thalagala, Moragahahena early this -
State bank broken into in Thalawa2018-07-02 01:05:58
Police say that an unidentified group has entered a state bank in the Thalawa town in Anuradhapura and fled with cash and jewellery. It was belie -
Suicide attacker targets Sikhs in Afghanistan2018-07-02 00:50:44
A suicide bombing in the eastern Afghan city of Jalalabad has killed at least 19 people, most of them were members of the countrys Sikh minority. -
Murder-suicide in Urubokka2018-07-02 00:44:10
A mentally unstable person has forcefully entered two houses in Galbokka, Urubokka and carried out a knife attack. Police said that a 28-year-old woma
Lanka Business Online
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Sri Lanka to obtain 100bn yen from MUFG Bank for Central Expressway phase 32018-07-04 05:57:39
July 04, 2018 (LBO) – Cabinet has approved a proposal presented by Prime Minister to enter into an agreement with MUFG Bank in Japan to obtain 1 -
Cabinet awards Rs1.5bn contract to ACL Cables for supplying aerial conductors2018-07-04 05:07:25
July 04, 2018 (LBO) – Sri Lanka’s cabinet of ministers has approved a proposal to award a contract of supplying 2,500 km of aerial bundle -
JKH hits post war valuation lows as second Balendra era beckons2018-07-04 05:03:45
July4, 2018 (LBO) – The Colombo Stock Exchange has had a tough 2018, and there is no stock where this is more apparent than John Keells Holdings -
Outgoing US ambassador to Sri Lanka meets Speaker Karu Jayasuriya2018-07-04 02:34:10
Outgoing United States Ambassador to Sri Lanka Atul Keshap has met Speaker Karu Jayasuriya yesterday. -
Transparency International calls for four key amendments to National Audit Bill2018-07-03 15:04:17
Jul 04, 2018 (LBO) – Transparency International Sri Lanka (TISL) has released a legislative brief on the National Audit Bill detailing key -
New York Times reporter hits Sri Lankan critics with another zinger2018-07-03 13:49:18
July 3, 2018 (LBO) – Days after her controversial expose on Chinese influence in Sri Lanka, New York Times journalist Maria Abi-Habib is out wit -
Colombo stocks sink to new lows with S&P SL 20 index down 10% for 20182018-07-03 13:21:51
July 3, 2018 (LBO) – Colombo stocks continued their decline hitting new lows for 2018. Key indices were both lower with the All Share Price Inde -
Foreign Corespondents Association of Sri Lanka responds to New York Times firestorm2018-07-03 13:02:43
July 3, 2018 (LBO) – The Foreign Correspondents Association of Sri Lanka (FCA) has released a statement on their Facebook page in response to th -
No backward calculation to obtain GDP with pre-decided deflators: Stats Office2018-07-03 06:48:34
July 03, 2018 (LBO) – Sri Lanka’s statistics office rejecting the recent claims on the GDP estimates said it is almost impossible to carry -
Opinion: SOAR’ing through the Cloud in Sri Lanka2018-07-03 03:21:19
By Chandita Samaranayake, Head of Application at Oracle – Sri Lanka, Indochina, and the Maldives The cloud, since its inception, has expand -
Korean concessional loan of USD 14Mn to support garbage collecting in local authorities2018-07-02 12:23:27
Jul 02, 2018 (LBO) – The Government of Republic of Korea has agreed to provide two concessional loans for US 14 million dollars (Approxima -
Selling accelerates as Colombo stocks hit new lows for 20182018-07-02 07:09:18
July 2, 2018 (LBO) – The markets started the month of July on the same course they have been for the year. The days selloff was slow and s
Trading Economics
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Sri Lanka Services PMI2018-06-18 08:04:00
Services Pmi in Sri Lanka increased to 56.90 in May from 53.20 in April of 2018. Services Pmi in Sri Lanka averaged 58.75 from 2015 until 2018, reach -
Sri Lanka Manufacturing PMI2018-06-18 08:03:00
Manufacturing Pmi in Sri Lanka increased to 60.60 in May from 45.50 in April of 2018. Manufacturing Pmi in Sri Lanka averaged 55.76 from 2015 until 2 -
Sri Lanka GDP Annual Growth Rate2018-06-18 07:28:00
The Gross Domestic Product (GDP) in Sri Lanka expanded 3.20 percent in the first quarter of 2018 over the same quarter of the previous year. GDP Annua -
Sri Lanka GDP From Electricity, Gas, Steam and Air Conditioning Supply2018-06-18 07:21:00
GDP From Utilities in Sri Lanka increased to 24972 LKR Million in the first quarter of 2018 from 23837 LKR Million in the fourth quarter of 2017. GDP -
Sri Lanka GDP From Transportation of Goods and Passengers Including Warehousing2018-06-18 07:20:00
GDP From Transport in Sri Lanka decreased to 222731 LKR Million in the first quarter of 2018 from 303752 LKR Million in the fourth quarter of 2017. GD -
Sri Lanka Gdp From Public Administration and Defense2018-06-18 07:20:00
Gdp From Public Administration in Sri Lanka decreased to 95951 LKR Million in the first quarter of 2018 from 124181 LKR Million in the fourth quarter -
Sri Lanka GDP From Services2018-06-18 07:20:00
GDP From Services in Sri Lanka decreased to 1269230 LKR Million in the first quarter of 2018 from 1405361 LKR Million in the fourth quarter of 2017. G -
Sri Lanka GDP From Mining2018-06-18 07:19:00
GDP From Mining in Sri Lanka decreased to 59172 LKR Million in the first quarter of 2018 from 68137 LKR Million in the fourth quarter of 2017. GDP Fro -
Sri Lanka GDP From Manufacturing2018-06-18 07:19:00
GDP From Manufacturing in Sri Lanka increased to 690910 LKR Million in the first quarter of 2018 from 638801 LKR Million in the fourth quarter of 2017 -
Sri Lanka GDP From Agriculture2018-06-18 07:16:00
GDP From Agriculture in Sri Lanka decreased to 154906 LKR Million in the first quarter of 2018 from 178265 LKR Million in the fourth quarter of 2017. -
Sri Lanka GDP Constant Prices2018-06-18 07:13:00
GDP Constant Prices in Sri Lanka decreased to 2223856 LKR Million in the first quarter of 2018 from 2632150 LKR Million in the fourth quarter of 2017. -
Sri Lanka GDP From Construction2018-06-18 07:12:00
GDP From Construction in Sri Lanka decreased to 164173 LKR Million in the first quarter of 2018 from 190375 LKR Million in the fourth quarter of 2017.
Reuters: Business News
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Brazil police arrest GE Latin America head, 21 others, in probe2018-07-04 17:03:58
RIO DE JANEIRO (Reuters) - Brazilian police arrested a senior General Electric Co executive on Wednesday, as part of a sprawling investigation into f -
China says will not fire first shot in trade war with U.S.2018-07-04 16:14:08
BEIJING (Reuters) - China will "absolutely not" fire the first shot in a trade war with the United States and will not be the first to levy tariffs, -
WPP warns Sorrell he could lose payout over M&A clash: source2018-07-04 15:24:12
LONDON (Reuters) - Martin Sorrell is at risk of losing his multi-million pound exit package from WPP after his new advertising venture sought to buy -
Netflix turns to Bollywood to script India growth story2018-07-04 14:48:20
(Reuters) - Netflix Inc premiered its first original series in India in a sheen of Bollywood glitter on Wednesday, upping the stakes in its battle wi -
China's HNA Chairman Wang dies in France after falling from a wall2018-07-04 13:48:36
BEIJING/MARSEILLE, France (Reuters) - Chinese conglomerate HNA Group [HNAIRC.UL] Co-Chairman Wang Jian died during a business trip in France on July 3 -
Content-hungry bidders circle 'Big Brother' maker Endemol2018-07-04 13:31:32
FRANKFURT/LONDON (Reuters) - Several bidders, including Liberty Global, are preparing offers for TV production company Endemol Shine, maker of classic -
British Supreme Court rejects Goldman Sachs appeal vs Novo Banco2018-07-04 13:27:42
LISBON (Reuters) - Britain's Supreme Court dismissed on Wednesday an appeal by Goldman Sachs for compensation from Portugal's Novo Banco over a $835 -
Trade worries dent stocks, yuan steadies2018-07-04 11:10:38
LONDON (Reuters) - World stocks were flat on Wednesday amid growing anxiety ahead of Washington's end of week deadline to impose tariffs on Chinese i -
Exclusive: Dubai regulator probes Abraaj over alleged mismanagement - sources2018-07-04 08:18:31
DUBAI (Reuters) - Dubai's financial regulator is investigating allegations of mismanagement at private equity firm Abraaj, which is on the verge of f -
Blame 'superstar' tech firms for slow wage growth: OECD2018-07-04 05:20:09
PARIS (Reuters) - Fast-growing "superstar" tech firms are taking a growing share of national income in many countries, leaving workers' overall wag -
Facebook shares slip on report of widened probe on data scandal2018-07-03 09:20:54
(Reuters) - Shares of Facebook Inc fell more than 1 percent in premarket trade on Tuesday, after a report said that a federal probe on the data breac -
Ford's U.S. auto sales rise about 1.2 percent in June2018-07-03 09:18:25
(Reuters) - Ford Motor Co on Tuesday reported an about 1.2 percent rise in U.S. auto sales in June, helped by a new record for sport utility vehicles
Sri Lanka News Updates at
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Principals, teachers on sick leave today2018-07-03 23:16:03
Schools operate as usual: Education Ministry Principals and teachers unions yesterday confirmed that they would go ahead with the island-wide The post -
‘Women for Justice’ demand Vijayakala to be sacked and arrested2018-07-03 23:12:18
Referring to the statement made by State Minister of Child Affairs Vijayakala Maheswaran in Jaffna, where she said there was The post ‘Women for -
Gotabhaya at Pohottuwa event with Mahinda and Basil2018-07-03 23:06:30
Wartime Defence Secretary Gotabhaya Rajapaksa, now widely believed to be the JO’s choice as its presidential candidate will visit Neluma The pos -
Our people are unhappy with govt.: TNA2018-07-03 23:04:24
The Tamil National Alliance (TNA) today said that ‘their’ people were unhappy and that while they had contributed substantially to The pos -
New York Times concerned over threats to Journalists2018-07-03 23:01:21
EXPOSURE ON MR CAMPAIGN FUNDING in 2015: The New York Times releasing an official statement yesterday called on the Sri The post New York Times concer -
PM summons Vijayakala to Colombo2018-07-03 22:59:16
Prime Minister Ranil Wickremesinghe has summoned State Minister of Child Affairs Vijayakala Maheswaran to Colombo effective immediately, to inquire in -
ADB to invest in Lanka’s Healthcare Sector.2018-07-03 22:54:43
The Asian Development Bank (ADB) has agreed to invest $10 million of equity in DCDC Healthcare Services Private Limited (DCDCPL), The post ADB to inve -
Exposé: Central expressway contractor Taisei seeks Rs 4bn compensation from Gov.2018-07-02 23:13:16
The infamous Taisei Corporation of Japan which secured the contract to build phase 3 of the Central Expressway, contravening the The post Exposé -
Public Sector officials oppose audit bill – Auditor General2018-07-02 23:10:09
Auditor General Gamini Wijesinghe called on the Mahanayake’s of the Malwathu and Asgiri Chapters and commented on the proposed Audit The post Pu -
Rs. 750mn Norochcholai wind wall lacks CEA2018-07-02 23:05:52
It has come to light that the Central Environmental Authority (CEA) has not granted permission for the construction of the The post Rs. 750mn Norochch -
Veteran actor Roy de Silva passes away at age 802018-07-02 00:10:23
Veteran actor and film director Roy de Silva has passed away last night (30), at the age of 80. He The post Veteran actor Roy de Silva passes away at -
Sri Lanka’s hotel sector fast reaching saturation point: veteran hotelier2018-07-02 00:08:06
The number of star class hotels in operation in Sri Lanka currently and that are to be built in the The post Sri Lanka’s hotel sector fast reach
UN News Centre - Economic
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Central Asia bloc has important role in “peace, stability and prosperity” beyond region, says Deputy UN chief2018-06-10 13:18:39
At its annual heads of State summit on Sunday, Deputy Secretary-General Amina Mohammed stressed that the political, economic and security power of the -
Promoting decent work ‘daily challenge’ in fragile countries, UN Labour Summit told2018-06-07 17:04:02
The Central African Republic (CAR) has called on the United Nations labour agency to provide special assistance to the conflict-torn nation and make i -
Universal access to modern energy is ‘catalyst of inclusivity’ – deputy UN chief2018-06-06 15:43:19
No single entity is large enough or has all the necessary skillsets to deliver the 2030 Agenda on its own, the United Nations deputy chief told a high -
Uncertainty threatens to hamper investment in developing countries: new UN report2018-06-06 13:00:08
Financial uncertainty caused by “significant risks” to global trade, is responsible for a sharp fall in international investment flows whi
BBC News - Business
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Ivanka Trump and Jared Kushner commercial income revealed2018-06-12 03:05:49
The president's advisers made at least $82m in commercial deals in the first year of the presidency. -
Russia 2018: Chinese firms fill World Cup sponsorship gap2018-06-12 00:30:51
The value of World Cup sponsorship has dropped between the 2014 event in Brazil and this year's in Russia, says Nielsen. -
Trump economic adviser Larry Kudlow suffers 'mild' heart attack2018-06-11 23:49:14
President Donald Trump announced on Twitter that Larry Kudlow had been taken to hospital. -
Where should shops stock veggie burgers?2018-06-11 19:49:55
Should vegan burgers be displayed alongside regular burgers? -
Female unfriendly2018-06-11 19:36:38
How using off-putting language can mean people you want to apply for a job don't bother. -
US arrests 74 in global email scam crackdown2018-06-11 15:48:36
The US called such fraud prevalent and pledged to pursue perpetrators "regardless of where they are located". -
Daimler forced to recall Mercedes with defeat devices2018-06-11 15:00:26
The German government says 774,000 Mercedes were fitted with illegal software that masks diesel emissions. -
BBC World News business headlines2018-06-11 13:16:38
The latest international business headlines from BBC World News. -
Land Rover Discovery model moved to Slovakia from the UK2018-06-11 12:14:38
The car firm said its Solihull factory would now be used to build new Range Rovers and Range Rover Sports. -
President Trump's continued engagement with North Korea raises curiosity over its economy.2018-06-11 09:43:06
President Trump's continued engagement with North Korea raises curiosity over its economy - how do North Koreans live? -
WPP should come clean over Sorrell exit, Vince Cable says2018-06-11 09:19:41
The departure of Sir Martin Sorrell from WPP should be explained says Lib Dem leader Sir Vince Cable. -
Pound falls on weak economic figures2018-06-11 06:56:23
Weak figures prompt a fall in the pound as expectations of an imminent rise in interest rates recede.
Business News - UPI.com
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New oil phase under way for offshore Guyana2018-07-03 09:09:24
A contract for a floating production vessel offshore Guyana marks the start of the second phase of development of the giant Liza oil field, SBM Offsh -
Get ready for big swings in U.S. gas prices2018-07-03 07:50:18
U.S. retail gas prices headed into the Independence Day holiday are the highest they've been in four years and may spike further alongside oil, an a -
Iran's oil can still flow, the country's first vice president said2018-07-03 07:21:40
Iran's first vice president said the U.S. government's efforts to force Tehran's customers to stop importing any of its oil by November is not rea -
Shares in Norwegian driller Seadrill trading again2018-07-03 05:55:50
Offshore drilling company Seadrill said it appointed a new board of directors, put its shares back on the market and has emerged from Chapter 11 bank -
European gas market supported by Norway2018-07-03 05:46:18
European energy security is enhanced now that the Norwegian government is vetting plans to enhance the Troll oil and gas field, Equinor stated Tuesda -
Lockheed to support, train Iraqi air force on C-130J aircraft2018-07-02 13:45:54
Lockheed Martin has been awarded an $85 million five-year contract to train the Iraqi air force on their six C-130J aircraft. -
Raytheon to produce Griffin missile for U.S. Special Ops2018-07-02 13:42:05
Raytheon Company Missile Systems has been awarded a $315 million contract to produce the Griffin missile for U.S. Special Operations Command. -
Army contracts Oshkosh for additional joint light tactical vehicles2018-07-02 13:06:28
Oshkosh Defense has been awarded a $484 million contract to produce Joint Light Tactical Vehicles for the U.S. Army. -
Oil prices decline after Saudi support, trade concerns2018-07-02 10:16:19
Oil prices declined in early Monday trading after a weekend of energy security statements from Saudi Arabia and concerns about the fallout of trade t -
Libyan oil production nearly ground to a halt2018-07-02 10:05:06
A Libyan company said oil production was cut Monday by 850,000 barrels per day because operations at two oil terminal were suspended over control dis -
Shah Deniz sets cornerstone for European energy security2018-07-02 09:38:28
The start of the second phase of the Shah Deniz gas field off the coast of Azerbaijan sets a cornerstone for European energy security, an analyst sai -
More Texas energy sector frustration with tariffs emerges2018-07-02 09:08:09
Parts of the energy sector still in recovery mode will be hit by U.S. tariffs on aluminum and steel and hurt the broader Texas economy, a trade group
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