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Last Updated = Mon, Feb 19, 2018, 12:07 am SL Time

* John Keells Properties retains bullish streak on real estate with new residential development TRI-ZEN

Feb 18 (CP) Colombo- Connecting the dots between peace of mind, life in the city and liveable space, John Keells Properties announced the launch of 'TRI-ZEN', a new residential property on Union Place.
[Full Story]

* Further economic grants to Sri Lanka from US Millennium Challenge Corporation

Feb 17 (CP) Colombo: Following its competitive selection by the US Millennium Challenge Corporation (MCC) for grant assistance, the Government of Sri Lanka (GoSL) is now focusing on improving transport infrastructure and land administration in the country, consistent with the government's Vision 2025.
[Full Story]

* Sri Lanka sets out framework to improve compliance with Anti-Money Laundering standards

Feb 17 (CP) Colombo- Sri Lanka has set out a sound framework to bring the commitment and coordination of all the stakeholders in the country to enhance the Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) Standards in order to improve its compliance and the country rating, the Central Bank said.
[Full Story]

* Sri Lanka has already missed ‘three buses’ in digitalization: Dialog CEO

Feb 18 (CT) A leading telecommunication industry figure asserted that Sri Lanka had missed 'Three buses' in digitalization and urged stakeholders including the Government not to miss the fourth, as several neighbours of the South Asian country had already surpassed Sri Lanka in digitization.
[Full Story]

* Tourism industry protests to PM on CNN campaign

Feb 18 (ST) Sri Lanka’s most powerful tourism industry bodies have raised serious concerns with Prime Minister Ranil Wickremesinghe over irregularities in the planned CNN media blitz by the Sri Lanka Tourism Promotion Bureau (SLTPB).
[Full Story]

* DIMO launches ground-breaking German-certified course in Automobile Mechatronics

Feb 17 (Island) Diesel & Motor Engineering PLC (DIMO), one of the leading automobile companies in Sri Lanka, will be offering a three-year course paving the way for students to obtain a German qualification in Automobile Mechatronics.
[Full Story]

* FTA with Singapore makes Sri Lanka an attractive digital logistics hub - Minister Malik Samarawickrama

Feb 18 (CP) Colombo- Sri Lanka's IT industry has been one of the most remarkable success stories in the country's economy, Minister of Development Strategies and International Trade, Malik Samarawickrama said.
[Full Story]

* Thailand to seek cabinet approval to sign FTA with Sri Lanka

Feb 17 (CP) Colombo- Thailand is keen to sign a Free Trade Agreement (FTA) with Sri Lanka and the Commerce Ministry will seek cabinet approval for the negotiations, a top Thai government official says.
[Full Story]

* State Minister Eran Wickramaratne attends global tax conference in New York

Feb 17 (CP) Colombo- State Minister of Finance Eran Wickramaratne, is representing Sri Lanka at the First Global Conference of the Platform for Collaboration on Tax- Taxation and the Sustainable Development Goals at the United Nations Headquarters in New York.
[Full Story]

* Sampath sweetens forthcoming rights issue with one for 19.7 scrip issue

Feb 18 (Island) Sampath Bank PLC Friday sweetened its forthcoming rights issue of approx. 50.13 million new voting shares in the proportion of three new shares for every 13 already held shares at a price of Rs. 250 per share
[Full Story]

* ‘Proposed FIT regime will keep inflation low and stable’

Feb 18 (SO) The proposed Flexible Inflation Targeting (FIT) regime will ensure the independence of the Central Bank in managing inflation, through an institutional framework whilst keeping inflation consistently low and stable, says the governor of the Central Bank of Sri Lanka, Dr. Indrajit Coomaraswamy.
[Full Story]

* FTA with S’pore makes SL attractive digital hub - Minister

Feb 17 (DN) Sri Lanka’s IT industry has been one of the most remarkable success stories in the country’s economy, said Minister of Development Strategies and International Trade, Malik Samarawickrama.
[Full Story]

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