Strategic investments required for anti-money laundering compliance programs for banking
Sep 08, 2020 (LBO) - Deloitte Touche Tohmatsu India LLP report suggests need for strategic investments in re-designing anti-money laundering (AML) …
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President removes tax imposed on gem & jewelry industry; Rs.1Mn loan at 4-pct interest
President Gotabaya Rajapaksa decides to remove the 14% income tax imposed on the profit earned by the gem and jewelry manufacturers and the 15% tax …
CHOOSING THE RIGHT TECHNOLOGY STACK FOR WEB APP DEVELOPMENT
Choosing the right technology stack for your web app can be tricky! It is important to identify what exactly you require, as it will accelerate the …
Flemington completes 5 years in condominium development industry in SL
Sep 07, 2020 (LBO) - A recent entrant into Colombo’s property development arena, The Flemington recently celebrated 5 years in the industry. During …
SriLankan Airlines completes a post COVID-19 traveler sentiment survey
Sep 07, 2020 (LBO) - SriLankan Airlines recently carried out a survey amongst its FlySmiLes loyalty membership to capture how the COVID-19 pandemic …
CEAT ups ‘2-wheeler’ tyre production
Sep 07, 2020 (LBO) - Maximising capacity utilisation at its manufacturing plants at Kelaniya and Kalutara, the Company pushed production of tyres for …
SL-China biz council to facilitate growth in trade, tourism and investment
Sep 07, 2020 (LBO) - The 19th Annual General Meeting of the Sri Lanka – China Business Council (SLCHBC) of the Ceylon Chamber of Commerce was held …
MT New Diamond towed 35 NM away from Sri Lanka coast to safe waters; no oil slick
Sep 05, 2020 (LBO) – Sri Lankan ships and aircraft along with the Indian Coast Guard after consolidated efforts have successfully towed MT New …
MT New Diamond now lies about 35 kilometers off the coast: Sri Lanka Navy
Sep 04, 2020 (LBO) – Sri Lanka Navy says that the distressed vessel, MT New Diamond now lies about 22 nautical miles (35 kilometers) off the coast …
SLT Group to improve connectivity at the Lankagama-Neluwa village
Following the President’s visit to the Lankagama-Neluwa village on 29th August 2020, where he stated that he will direct the SLT Group to provide a …
Council for Business with Britain to strengthen the UK-SL trade corridor
Sep 04, 2020 (LBO) - The newly elected President of the Council for Business with Britain says efforts will primarily be focused on enhancing …
UNDP: COVID-19 will widen poverty gap between women and men
Sep 04, 2020 (LBO) - The COVID-19 crisis will dramatically increase the poverty rate for women and widen the gap between men and women who live in …
US warns countries to guard against China Communications Construction Company
Sep 04, 2020 (LBO) – The United State hopes countries will examine their dealings with China Communications Construction Company (CCCC) to guard …
Draft twentieth amendment to the constitution gazetted (Read Full Amendment)
Sep 03, 2020 (LBO) – The proposed twentieth amendment to the constitution has been gazetted by the Department of Government Printing. Special …
USD 30Mn invested towards Softlogic Life’s growth by Finnfund, NorFund & Munich Re
Softlogic Life Insurance PLC announced the inking of landmark deals with Development Financial Institutions; Finnish Fund for Industrial Cooperation …
Savings accounts and fixed deposits can now be opened using NTB mobile app
Sep 02, 2020 (LBO) - Nations Trust Bank recently introduced the unique feature of opening Savings Accounts and Fixed Deposits on the Nations Mobile …
United States donates 200 ventilators to support Sri Lanka’s response to COVID-19
Sep 02, 2020 (LBO) – The United States Government, through the U.S. Agency for International Development (USAID), has donated 200 brand-new, …
Asia Securities Investment Banking and CCC announces webinar on Financial Restructuring
Sep 02, 2020 (LBO) - The Chamber Academy in collaboration with Asia Securities Investment Banking Team is conducting a knowledge-sharing webinar on …
Cost of living will be reduced by adhering to policy decisions already made: President
Sep 02, 2020 (LBO) – President Gotabaya Rajapaksa emphasizes that appropriate measures will be taken to reduce the cost of living by implementing …
Digital finance, a lifeline during COVID-19, can deliver long-term financing of SDGs
Sep 02, 2020 (LBO) – The unprecedented social and economic crisis caused by the COVID-19 pandemic has put a spotlight on the role of digital …
Yarl Geek Challenge developing products, developing services, developing people
By Jekhan Aruliah Shhh! Here’s a secret for all Yarl Geek Challenge (YGC) competitors. If you thought YGC is about creating great products you’d …
ADB to formally withdraw from financing new coal-fired energy projects
Aug 31, 2020 (LBO) – Independent Evaluation at the Asian Development Bank (ADB) recommends that the bank revisit its energy policy and formally …
Digital finance can deliver long-term financing of SDGs
Aug 31, 2020 (LBO) - The unprecedented social and economic crisis caused by the COVID-19 pandemic has put a spotlight on the role of digital finance …
JKH ranked as Sri Lanka’s most respected entity for 15th year
Aug 31, 2020 (LBO) - For a record 15th year, John Keells Holdings PLC (JKH), was ranked as the Most Respected entity in Sri Lanka, in the recently …