Pakistan High Commissioner to Sri Lanka visits Hambantota International Port
Dec 13, 2020 (LBO) – The High Commissioner of Pakistan to Sri Lanka, Major General (R) Muhammad Saad Khattak accompanied by his wife, Saeeda Saad …
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Rating downgrade by S&P simply demonstrates the prejudicial approach: Finance Ministry
Dec 11, 2020 (LBO) – Sri Lanka's Finance Ministry says that it is premature for S&P to announce a rating downgrade when the well-articulated …
President discusses long-term economic recovery with private sector
Dec 11, 2020 (LBO) – President Gotabaya Rajapaksa says that his objective is to bring about a balanced growth in all sectors of the economy and …
Health Ministry collaborates with FAO to launch Dietary Guidelines for Sri Lankans
Dec 11, 2020 (LBO) – The Ministry of Health, Nutrition and Indigenous Medicine with support from the Food and Agriculture Organization of the …
SL Foreign Min discusses Government concerns with Colombo based envoys
Foreign Minister Dinesh Gunawardena met with the British High Commissioner Sarah Hulton and Canadian High Commissioner David McKinnon, this week to …
United States launches project to help small businesses; increase women’s participation
Dec 10, 2020 (LBO) – The United States launched a new LKR 3.6 billion (USD 19.5million) initiative to help small businesses and economically …
Code.org partners with Jaffna Stallions to promote free computer training for students
Dec 10, 2020 (LBO) – The Jaffna Stallions announced today that they will participate in the Hour of Code campaign, a one-hour introduction to …
New manufacturing facility Lanwa Sanstha Cement Factory to be commissioned in June
Dec 10, 2020 (LBO) – State-of-the-art cement manufacturing facility Lanwa Sanstha Cement Corporation (Pvt) Ltd which is slated to be one of the …
Opinion: Sri Lanka’s Tobacco-Smoking Challenge: Going the Last Mile
By Sunimalee Madurawala "I stopped smoking after being diagnosed with cancer. I was shocked when I heard about it. Doctors say it is because of …
UNDP engages pvt sector to ensure human rights at centre of recovery efforts
The instability and fear that the COVID-19 pandemic brings about is exacerbating human rights concerns around the world. While businesses face an …
Opinion: Let your kids grow up
Vinuja Singharachchige “There is definitely an epidemic of overprotective parenting”- Jordan Peterson I find our country to suffer from excessive …
Sri Lanka Economic Summit 2020: Positive outlook on post-COVID-19 economic recovery
Top economists and business leaders discussed the outlook for the global and local economy during the first session of the Sri Lanka Economic Summit …
Mobile app development frameworks 101: React Native and Flutter.
As a leading technology solutions provider and AWS partner in the country, we’ve been at the forefront of observing numerous digital trends …
Fitch downgrades Sri Lanka Insurance’s IFS to ‘CCC+’ on sovereign downgrade
Dec 09, 2020 (LBO) – Fitch Ratings has downgraded Sri Lanka Insurance Corporation Limited's (SLIC) Insurer Financial Strength (IFS) Rating to …
Sri Lanka’s Angel Fund shortlists five startups for investment
The Angel Fund, the first of its kind in Sri Lanka, has shortlisted its five early-stage startups for potential investment; Niftron, Traccular, …
Coronavirus dominates global sovereigns 2021 outlook: Fitch Ratings
Dec 09, 2020 (LBO) – Uncertainties over the spread of coronavirus as well as its immediate and longer-term economic implications will continue to …
Commission to investigate political victimization handed over report to President
The report of the Presidential Commission of Inquiry into Political Victimization was handed over to President Gotabaya Rajapaksa. The Chairman of …
Siyabalanduwa 100MW Solar Power Plant to be built under private sector investments
Dec 08, 2020 (LBO) – The necessary preliminary steps have been taken to implement the Siyabalanduwa Solar Power Plant such as studying the …
Taxes on essential products: Bringing debate back to where it matters
By Advocata Sri Lanka’s exorbitant taxes on sanitary napkins had the media spotlight over the last few weeks - this is not a new issue. In 2018 the …
Chinese firm obtains tax relief to build tire manufacturing plant in Sri Lanka
Dec 08, 2020 (LBO) – Shandong Haohua Tire Co. Limited of China has submitted a project proposal to the Board of Investment with an investment of …
Fitch downgrades Bank of Ceylon to ‘CCC’ on sovereign downgrade
Dec 08, 2020 (LBO) – Fitch Ratings has downgraded Bank of Ceylon's (BOC) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDR) to …
Multiple wins for Union Assurance at Sri Lanka leadership awards 2020
Union Assurance clinched multiple awards including Best Brand and Sustainable Marketing Excellence at the Sri Lanka Leadership Awards, as well as …
ABCs of investing in Sri Lankan real estate
By Lanka Property Web Imagine overlooking the crashing beach waves and feeling the cool ocean breeze stroking your cheeks as you sip on a cup of tea …
World GDP recovery to strengthen from mid-2021 on vaccine rollout
Dec 08, 2020 (LBO) – The global economic recovery will strengthen and become more sure-footed from the middle of next year as coronavirus vaccines …