Chinese delegation to visit Colombo today
Oct 08, 2020 (LBO) - A high-powered Chinese delegation led by former Chinese Foreign Minister and the current Communist Party Political Bureau member …
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Cabinet approves new orders for ‘Special Deposit Accounts’
Oct 07, 2020 (LBO) - The approval of the Cabinet of Ministers was granted at their meeting held in April 2020 for the issuance of orders under the …
COPA to introduce mechanism to report corruption and irregularities in state institutions
Oct 07, 2020 (LBO) - The Committee on Public Accounts (COPA) directed its attention on developing a mechanism to make way in order to immediately …
Fitch places Abans Finance’s ‘BB+(lka)’ rating on Rating Watch Evolving
Oct 07, 2020 (LBO) – Fitch Ratings has placed Abans Finance PLC's (AFP) National Long-Term Rating of 'BB+(lka)' on Rating Watch Evolving (RWE). …
SLRA concludes webinars on recovering sales and profitability after the COVID pandemic
The Sri Lankan Retailers Association, the apex body for organised retailing in Sri Lanka, with a view to uplift the industry post COVID, carried out …
Ananda Sirisena & Co to launch Sri Lanka’s first-ever Company Secretarial App
Oct 07, 2020 (LBO) – With over 30 years of service to local and global clientele, renowned company secretaries Ananda Sirisena and Company …
Commercial Bank receives USD 50Mn equity from International Finance Corporation
Oct 07, 2020 (LBO) – The Commercial Bank of Ceylon has announced the completion of all formalities relating to the private placement of shares with …
SL Tourism and Australia’s MDF to develop 5 year plan for tourism research
Oct 06, 2020 (LBO) - Sri Lanka Tourism Development Authority (SLTDA) and Australia’s Market Development Facility (MDF) have joined hands to develop …
President instructs to increase PCR tests to contain spread of COVID-19
President Gotabaya Rajapaksa instructed relevant parties to take immediate measures to contain the spread of COVID – 19 following the …
Government urges public not to be deceived by false propaganda on social media
Oct 05, 2020 (LBO) – The government urges the public not to be deceived by the false propaganda being spread on social media platforms that an …
7 promising startups graduate from SL’s first virtual fintech accelerator
HatchX, Sri Lanka’s first fintech startup accelerator programme, recently concluded its demo day with its first cohort of 7 promising local fintech …
Early detection of COVID-19 positive employee: Brandix
Oct 05, 2020 (LBO) - Brandix has detected that an apparel worker in its manufacturing facility in Minuwangoda is COVID-19 positive, a statement said. …
Prime Minister clarifies allegation that 20A seeks to reduce powers of Auditor General
Oct 04, 2020 (LBO) – Sri Lanka's Prime Minister Mahinda Rajapaksa highlights that the 20th Amendment only seeks to replace the changes made to the …
Sri Lanka successfully settles maturing international sovereign bond of USD 1bn: CBSL
Oct 02, 2020 (LBO) – Sri Lanka's Central Bank says that they have successfully completed the settlement of the maturing International Sovereign …
Morison opens largest pharma facility in SL: Total investment of USD 18.5Mn
Oct 02, 2020 (LBO) - Morison PLC, a subsidiary of Hemas Holdings PLC opened its new state-of-the-art manufacturing plant and research and development …
Economists urge decisive action to prevent emerging Sri Lankan debt crisis
Oct 02, 2020 (LBO ) - A panel of eminent economists urged that the Government take credible and decisive action to prevent a painful debt crisis in …
No person should be above the law: Bar Association proposes changes to 20A
Oct 02, 2020 (LBO) – The Bar Association of Sri Lanka (BASL) says that the special committee appointed to study the twentieth amendment to the …
New UK Student Visa routes for Sri Lankans
Oct 02, 2020 (LBO) – The UK’s new Student route and Child Student route will open on 5 October 2020 to the best and brightest international …
Mobitel and Huawei launches first mid-range 5G Smartphone in Sri Lanka
Continuing its excellence in brining latest technology and devices, Mobitel, Sri Lanka’s National Mobile Service Provider, introduced Huawei’s …
Sri Lanka’s foreign policy based on neutrality: President tells new Ambassadors
“Sri Lanka is located in a place of strategic importance. Therefore, our country is attracted to many parties. In this context, Sri Lanka has …
Opinion: Why Sri Lanka needs China to maintain as a transshipment hub in Indian Ocean?
By Maya Majueran: Transshipment Today there are challenges related to the port calls to the container terminal. These days the trend of using larger …
Stay home, stay safe with PickMe and Nations Trust Bank American Express
Nations Trust Bank American Express has partnered with PickMe to make it convenient and rewarding to have your favourite cuisine and groceries …
Advocata to live stream session on “How can we improve Sri Lanka’s debt sustainability” today
Sep 30, 2020 (LBO) - The Advocata Institute has launched its latest public policy discussion series 'DeepDive'. This series commences with …
Global coronavirus death toll passes 1Mn
Sep 30, 2020 (LBO) - The world passed a grim milestone this week as the World Health Organization announced that one million people have now died …