Pakistan wins election to UN Human Rights Council
Oct 14, 2020 (LBO) – Pakistan has been re-elected to the United Nations Human Rights Council (HRC) with an overwhelming majority securing 169 votes …
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Cabinet approval to reorganize Non-Bank Financial Institutions Supervision Department
Oct 13, 2020 (LBO) – Sri Lanka's Cabinet of Ministers has approved a proposal to completely reorganize the Department of Supervision of Non-Bank …
DIMO and NTB partner to offer exclusive leasing solutions
DIMO, the only Authorized General Distributor for Mercedes-Benz and Jeep in Sri Lanka, has continued to highlight its strong commitment towards …
Sri Lanka to establish an Expressway Investment Company
Oct 13, 2020 (LBO) – Sri Lanka's cabinet nod has been received to establish an Expressway Investment Company in such a way that the company is able …
Sri Lanka’s merchandize exports surpass USD 1 billion mark in September
Oct 13, 2020 (LBO) – Sri Lanka’s merchandize exports have surpassed the US$ 1 billion mark in September after July during this year, statistics …
COVID-19 to cause long-lasting revenue losses for emerging market sovereigns: Moody’s
Oct 12, 2020 (LBO) – Emerging market (EM) sovereigns will suffer long-lasting revenue losses due to the coronavirus crisis, with governments’ …
An employee of SriLankan Cargo operations division tested positive for COVID-19
Oct 12, 2020 (LBO) – SriLankan Airlines confirmed that an employee of the airline at SriLankan Cargo operations division at the Bandaranaike …
Ganesh Dharmawardena appointed as new Public Trustee of Sri Lanka
Oct 12, 2020 (LBO) – Attorney-at-Law Ganesh R. Dharmawardena has been appointed as the new Public Trustee of Sri Lanka, the Ministry of Justice …
SLs trade institutions to leverage statistics backed analysis for better policy
The International Trade Centre (ITC) in collaboration with the Department of Commerce (DoC) of Sri Lanka successfully completed a specialized …
John Keells Properties unveils residential developments at Victoria Golf & Country Resort
Oct 12, 2020 (LBO) - John Keells Properties (JKP) unveiled plans for the development of exclusive townhouses and bespoke luxury villas at the …
Sri Lanka trade deficit improves in Aug 2020
Oct 12, 2020 (LBO) - Sri Lanka's trade deficit improved on a year-on-year basis with the deficit in the trade account in August 2020 narrowing to US …
China grants RMB 600Mn for medical care, education, water supply, etc. in rural areas
Oct 12, 2020 (LBO) - Sri Lanka and China signed an agreement on economic and technical cooperation for providing RMB 600 million (Rs. 16.5 billion) …
Sri Lanka and China discuss economic revival and COVID-19 assistance
Oct 11, 2020 (LBO) - As part of the Government’s sustained efforts at strengthening neighbourly relations, the Foreign Ministry facilitated on …
Fitch publishes Lakdhanavi Limited’s first time ‘AA+(lka)’ rating
Oct 11, 2020 (LBO) – Fitch Ratings has published Sri Lanka-based power producer Lakdhanavi Limited's first-time National Long-Term Rating of …
Brandix stands firm that it followed all quarantine protocols
Oct 11, 2020 (LBO) – Brandix on Sunday said that they can confirm with proof that all stipulated protocol was followed concerning their employees …
Opinion: Solution for COVID-19 free workplaces, a testing method for Sri Lankan companies
By Nishan Sumanadeera Post COVID-19 lockdown and a Post General Election 2020, most Sri Lankans never thought or hardly imagined of a resurgence of …
President requests China to participate in Sri Lanka’s tea auction; open market for SL items
Oct 09, 2020 (LBO) – Sri Lanka's President Gotabaya Rajapaksa requests China to participate in Sri Lanka’s tea auction as it will be a major …
China to recommence discussions on FTA with Sri Lanka
Oct 09, 2020 (LBO) – Plans afoot to recommence discussions on China – Sri Lanka Free Trade Agreement and to complete the Hambantota Industrial …
China will stand with Sri Lanka to protect country’s sovereignty at UNHRC: high-level delegation
Oct 09, 2020 (LBO) – China will firmly stand with Sri Lanka extend to protect the country’s independence, sovereignty, and territorial integrity …
Registrar of Companies Dept. temporarily closes to public
Oct 09, 2020 (LBO) - The Department of Registrar of Companies has decided to temporarily suspend the entry of public to the premises until further …
COVID-19 to add as many as 150 million extreme poor by 2021: World Bank
Oct 08, 2020 (LBO) – Global extreme poverty is expected to rise in 2020 for the first time in over 20 years as the disruption of the COVID-19 …
Opinion: COVID-19 | Where do we go from here?
Co-authored by Ayushka Nugaliyadda & Sarika Warusavitarana of Citra Social Innovation Lab Nearly ten months on from the declaration of COVID-19 …
WB says SL economy to contract by 6.7-pct in 2020, Smart policies for informal workers key for recovery
Oct 08, 2020 (LBO) - The COVID-19 crisis in Sri Lanka has substantially clouded the outlook and exacerbated an already challenging macroeconomic …
UNDP and VTA partner for skills development of youth
Oct 08, 2020 (LBO) - The United Nations Development Programme (UNDP) and the Vocational Training Authority of Sri Lanka (VTA) signed a Memorandum of …