All News

Singapore Temasek Foundation donates 1Mn face masks to Sri Lanka produced by MAS Holdings

Sep 12, 2020 (LBO) – Temasek Foundation of Singapore presented 1 million Livinguard reusable masks to Sri Lanka’s High Commissioner to Singapore …

BASL appoints special committee to study proposed 20th amendment to the constitution

Sep 11, 2020 (LBO) – The Bar Association of Sri Lanka (BASL) has appointed a special committee comprising of senior members of the BASL to study …

World Bank supports Sri Lanka with USD 56Mn to mitigate COVID-19 impacts

Sep 11, 2020 (LBO) – The World Bank has reallocated $56 million from ongoing projects in Sri Lanka to protect the most vulnerable in the …

Govt. plans to produce 50-pct of Sri Lanka’s pharmaceutical requirement locally within 3 yrs.

Sep 11, 2020 (LBO) – Sri Lanka's Government plans to produce 50 percent of the country's requirement of pharmaceuticals locally within the next …

Mastercard launches Central Bank Digital Currencies Testing Platform

Sep 11, 2020 (LBO) – Mastercard has announced a proprietary virtual testing environment for central banks to evaluate Central Bank Digital …

Committee on High Posts to examine suitability of new ambassadors

Sep 10, 2020 (LBO) – The High Post Committee of Parliament is to examine the suitability of new ambassadors who have been nominated to hold office. …

Advocata discusses case for women’s representation in Government

Sep 10, 2020 (LBO) - The Advocata Institute hosted a live online discussion on “Female under-representation and its socio-economic impact” via …

Richard Pieris Finance and Arpico Insurance join forces to serve customers

Sep 10, 2020 (LBO) - Arpico Insurance PLC stepped up to create an exclusive policy that provides a life cover of up to 1,000,000 rupees to customers …

No discussion yet to amend unfavorable conditions of MCC compact, says Cabraal

Sep 10, 2020 (LBO) – State Minister of Money and Capital Markets and State Enterprise Reforms Ajith Nivard Cabraal says that the government has not …

Regional health leaders call for greater investments in sector

Sep 10, 2020 (LBO) - The seventy-third Regional Committee Session of WHO South-East Asia Region began today with health leaders emphasising on …

Colombo fashion week introduces retail week with One Galle Face

Sep 10, 2020 (LBO) - A new normal environment calls for a new normal experience, Colombo Fashion Week (CFW) curates a first-of-its-kind experiential …

Altair clarifies Court order to buyers

Sep 10, 2020 (LBO) - Indocean Developers has informed buyers of Altair apartments that a recent Supreme Court decision relating to a management …

President instructs to rehabilitate 5,000 tanks immediately

President Gotabaya Rajapaksa directed relevant authorities to rehabilitate 5,000 tanks scattered across the island following a mechanism combining …

SLT & Mobitel becomes FIRST to Power Lankagama Village with broadband and voice services

As the Nation’s Pioneer in Telecommunication Services, SLT & Mobitel successfully concluded the implementation of connecting the Lankagama …

Sampath Bank, CBL Group and WSO2 donate PCR Lab to Colombo Army Hospital

Strengthening the nation’s ability to respond to the COVID-19 global pandemic, Sampath Bank PLC, CBL Group and WSO2 jointly donated a fully …

Emirates returns AED 5 billion (US$ 1.4 billion) to customers in refunds

Emirates reveals that is has returned over AED 5 billion (US$ 1.4 billion) in COVID-19 related travel refunds to date, making strong and steady …

Evolution of Fashion Week in a Post-Covid Environment

Sep 09, 2020 (LBO) - HSBC Colombo Fashion Week (CFW) became the first fashion week platform in the region to present fashion amid the Covid-19 …

Loss-making plantation companies to be handed over to tea smallholders as pilot project

Sep 09, 2020 (LBO) – President Gotabaya Rajapaksa emphasized that the tea industry which has suffered a severe setback should be revived based on a …

Litro Gas awarded SLS 1672: 2020 for being compliant with COVID-19 safety requirements

Sri Lanka’s undisputed leader in the energy sector, Litro Gas Lanka Ltd and Litro Gas Terminal Lanka (Pvt) Ltd rendered an exceptional level of …

IBM extends partnership with PMsquare Sri Lanka to promote AI powered Business Analytics solutions

IBM today outlined a comprehensive strategy for Sri Lanka driven by Hybrid Cloud, and Artificial Intelligence (AI), underpinned by Cybersecurity at a …