Fitch rates National Development Bank’s Basel III Sub Debt Final A-(lka)
Aug 31, 2020 (LBO) – Fitch Ratings Lanka has assigned National Development Bank's proposed Basel III-compliant subordinated unsecured debentures a …
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Debt moratorium for tourism sector businesses & individuals extended for six more months
Aug 31, 2020 (LBO) – Sri Lanka's Central Bank requests licensed banks to provide a debt moratorium to COVID-19 affected businesses and individuals …
Permit holders can purchase new vehicles locally with concessions: Finance Ministry
Aug 28, 2020 (LBO) – Sri Lanka's Finance Ministry says that they have issued a circular allowing the vehicle permit holders to purchase …
EDB and Foreign Ministry accelerate efforts to boost exports
Aug 28, 2020 (LBO) - The Export Development Board (EDB) and the Foreign Ministry are working closely together to increase the country’s export …
President envisages reducing foreign exchange spent on fish imports
Aug 28, 2020 (LBO) - President Gotabaya Rajapaksa says plans should be mooted from several directions to reduce the foreign exchange spent annual on …
Opinion: Importance of nurturing the condominium industry in Sri Lanka
By Blue Ocean Group of Companies The real estate and construction industry in Sri Lanka is one of the major revenue-generating sources with its …
SriLankan Airlines continuous to fly to selected international destinations
SriLankan Airlines says that the airline continues to fly to selected international destinations including Italy- Milan, United Kingdom-London, Japan …
Cabinet approval granted to revise Inland Revenue Act & Value Added Tax Act
Aug 27, 2020 (LBO) – Sri Lanka's Cabinet of Ministers has approved a proposal submitted to seek approval for directing the Legal Draftsman for the …
Motor Traffic Dept & Citra Lab to provide more user-focused, digital service for Sri Lanka
The global COVID-19 pandemic has highlighted the vital need for an agile public sector that can effectively respond to rapidly evolving challenges. …
Sri Lanka Telecom Group welcomes move to initiate number portability
Aug 27, 2020 (LBO) – Sri Lanka Telecom Group welcomes Telecommunications Regulatory Commission’s progressive move to bring number portability. …
President plans to promote Kitul and Palmyra into main export crops
President Gotabaya Rajapaksa revealed his intention to develop Kitul(Fishtail Palms) and Palmyra Palms plantation into main export crops of Sri Lanka …
ICTA partners with UNDP for a comprehensive & inclusive digital transformation of Sri Lanka
Aug 26, 2020 (LBO) – The Information and Communication Technology Agency (ICTA) and the United Nations Development Programme (UNDP) in Sri Lanka …
BOI discusses strategies with British High Commissioner to attract more FDI
Aug 26, 2020 (LBO) – Board of Investment of Sri Lanka (BOI) has engaged with the British High Commissioner to discuss strategies to attract more …
SLINTEC and EDB join hands to export COVID-19-related products
Aug 26, 2020 (LBO) – The Sri Lanka Institute of Nanotechnology (SLINTEC) and the Sri Lanka Export Development Board (EDB) has taken the advantage …
Tech, health care and telco to drive commercial property demand: RIU
Aug 26, 2020 (LBO) - Research Intelligence Unit (RIU), conducting a survey among Grade A & B commercial space tenants says technology firms, …
JICA completes development of island wide sewerage master plan
Aug 26, 2020 (LBO) – Japan International Cooperation Agency (JICA) has extended support for the development of Sewerage Master Plan to the National …
Dialog Axiata welcomes TRCSL decision of implementing Number Portability in Sri Lanka
Aug 25, 2020 (LBO) – Dialog Axiata congratulates the Telecommunications Regulatory Commission of Sri Lanka (TRCSL) for initiating the process of …
Land Valuation Indicator of Colombo records an annual increase of 7.1-pct in 1H 2020
Aug 25, 2020 (LBO) – Land Valuation Indicator (LVI) of Colombo District reached 141.6 during the 1st half of 2020, recording an annual increase of …
Focus needed on seed and sapling production, usage of fertilizer, President says
Aug 25, 2020 (LBO) - President Gotabaya Rajapaksa calling on farmers to increase agro harvest in order to strengthen the local economy proposed a …
New Tourism framework to focus on 10 key areas
Aug 25, 2020 (LBO) - Sri Lanka needs a comprehensive system change to revamp post-COVID-19 tourism with all related authorities coming together to …
Opinion: How can Sri Lanka’s democracy be gender-inclusive?
By Sathya Karuarathne Sri Lanka’s general election dawned at a crucial time of extreme uncertainty and precariousness. The island’s political, …
CCC & PwC Sri Lanka to host awareness webinar on Real Estate Investment Trusts
The Ceylon Chamber of Commerce and PwC Sri Lanka will be jointly hosting an awareness webinar on the Real Estate Investment Trusts (REITs) Framework. …
Airtel Lanka appoints Ashish Chandra as Chief Executive Officer & Managing Director
Aug 25, 2020 (LBO) – Airtel Lanka announced the appointment of Ashish Chandra as Chief Executive Officer and Managing Director. In his new role, …
Commercial Bank launches a Credit Card exclusively for SMEs
The Commercial Bank of Ceylon has given fresh expression to its commitment to Small & Medium Enterprises (SMEs) with the launch of an exclusive …