Legatum Prosperity Index highlights development of education and healthcare in SL
The London-based think-tank Legatum Institute launched the 14th Legatum Prosperity Index on 17 November 2020. One of the main highlights of this …
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Private sector, professional bodies urged to ‘rise to the occasion’ to help spur growth
Nov 20, 2020 (LBO) – The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) organised the Annual Budget Seminar on Thursday which …
Import restrictions are reviewed as we move along, Foreign Minister tells EU Delegation
Nov 20, 2020 (LBO) – Sri Lanka's Foreign Minister Dinesh Gunawardena emphasizes that the current import restrictions are reviewed as the country …
Fitch affirms Ceylon Electricity Board at ‘AA+(lka)’; outlook negative
Nov 20, 2020 (LBO) – Fitch Ratings has affirmed Sri Lanka-based Ceylon Electricity Board's (CEB) National Long-Term Rating at 'AA+(lka)' with a …
Travellers from Sri Lanka not required to self-isolate on arrival: British High Commission
Nov 20, 2020 (LBO) – From Saturday 21 November, travellers from Sri Lanka will no longer be required to self-isolate on arrival in England, Wales …
Thailand leads in race for ASEAN Digital Hub with upgraded ICT infrastructure
Thailand, which leads ASEAN in 5G rollout, is eyeing the pole position in the race for ASEAN digital hub with its initiative to boost the ICT …
Standard Chartered releases first sustainable finance impact report
Standard Chartered Bank recently published its first annual Sustainable Finance Impact Report highlighting the Bank’s unique contribution to …
Criminalising same-sex sexual relations: Implications beyond the law
Shihara Maduwage, EQUAL GROUND Sri Lanka has the misfortune of being one of the 72 countries in the world that criminalise private, consensual, …
We seek investments, not loans – President tells new Chinese Ambassador
Nov 19, 2020 (LBO) – The newly appointed Ambassador of the People’s Republic of China to Sri Lanka Qi Zhenhong presented his credentials to …
Founder of Microsoft Ventures Rahul Sood joins Jaffna Stallions as co-owner
Nov 19, 2020 (LBO) – Rahul Sood, a highly successful Seattle based tech entrepreneur and founder of Microsoft Ventures, has joined the ownership …
Sri Lanka Automotive Component Manufacturers welcome budget proposals
Nov 19, 2020 (LBO) – The Sri Lanka Automotive Component Manufacturers’ Association has welcomed the 2021 Budget describing it as a ‘new era for …
European Union Delegation warns Sri Lanka over prolonged import ban
Nov 19, 2020 (LBO) – The current import restrictions are having a negative impact on Sri Lankan and European businesses, and on Foreign Direct …
I am not a person scared of empty threats, says President (Full Speech)
Full text of the address to the nation by President Gotabaya Rajapaksa broadcast over all television and radio channels. Ayubowan, A year ago, more …
Ceylon Chamber welcomes growth oriented National Budget 2021
The Ceylon Chamber of Commerce welcomes the proposals put forward by the Prime Minister in the National Budget 2021 which are business friendly, …
Sri Lankan property market still stable amidst 2nd COVID-19 wave
Lanka Property Web With the initial Minuwangoda COVID-19 cluster growing in different parts of the country, and ad hoc curfews being put in place, on …
PA urges wage reform to ensure a sustainable future for every plantation worker
The Planters’ Association of Ceylon (PA) announced that it would be championing radically progressive wage reforms towards securing a sustainable …
SEC Chairman welcomes the budget proposals
Nov 18, 2020 (LBO) – The Chairman of the Securities and Exchange Commission of Sri Lanka (SEC), Viraj Dayaratne commended the Budget Proposals …
Design consistency in UI and UX – and why it’s important.
consumers continue to depend on their smartphones and digital applications to satisfy their needs, businesses are constantly scrambling to stay on …
Budget Review 2021 by First Capital Research
Nov 18, 2020 (LBO) – The Budget for 2021 is focused on supporting the economy amidst massive disruptions to business activity due to lockdowns …
CA Sri Lanka, SDB sign landmark MoU to offer SMEs better access to finance
Nov 18, 2020 (LBO) – In a landmark move aimed at reinforcing the dynamic Small and Medium-Sized Enterprises (SMEs) in the country, the Institute of …
Sri Lanka makes retirement age for men and women 60
Nov 17, 2020 (LBO) - Finance Minister and Prime Minister Mahinda Rajapaska in his budget speech proposed to amend the Employees’ Provident Fund Act …
Sri Lanka targets 4-pct budget deficit of GDP by 2025
Nov 17, 2020 (LBO) - Sri Lanka plans to bring down it budget deficit to 4 percent by 2025 from the current 9 percent, Prime Minister and Finance …
8-pct VAT to be maintained for certain businesses; tax amendments proposed
Nov 17, 2020 (LBO) – Budget 2021 has proposed to have a consistent tax policy for the next 5 years. It is also proposed to establish a special tax …