H20 ONE Appoints Chaminda Lakmal as Chief Executive Officer
H20 ONE (Pvt) Ltd (H201) announced that they have appointed Chaminda Lakmal as Chief Executive Officer effective from 1st August 2020. Lakmal has …
All News
Sri Lanka not exempted from border restrictions so far: British High Commission
Jul 05, 2020 (LBO) – The UK has announced a change to its Global Travel Advisory, which advises British nationals against all but essential …
PwC Sri Lanka Advisory Leader Channa Manoharan appointed SLASSCOM Chairman
Jul 04, 2020 (LBO) – The Sri Lanka Association of Software and Services Companies (SLASSCOM) announced at its virtual Annual General Meeting that …
Committee to examine concerns surrounding JCT & ECT Terminals of Colombo Port
Jul 03, 2020 (LBO) – President Gotabaya Rajapaksa has appointed a five-member Committee to examine and report on the concerns regarding the …
Women’s Chamber for Digital Sri Lanka & World Vision promotes digital literacy
World Vision partnered with Women’s Chamber for Digital Sri Lanka to uplift digital literacy and skills among 240 students, unemployed youth and …
Fitch affirms National Ratings of 4 finance companies; one on rating watch positive
Jul 03, 2020 (LBO) – Fitch Ratings has affirmed the National Long-Term Ratings of four Sri Lankan finance and leasing companies. -AMW Capital …
Kasturi Chellaraja elected as SLCPI chief for another year
The Sri Lanka Chamber of the Pharmaceutical Industry (SLCPI) unanimously elected Kasturi Chellaraja as its president for the year 2020/21, at the …
‘EatMealFirst’ food delivery service to expand in Sri Lanka
ThinkSmart Solutions Private Limited is a growing end-to-end IT services company, in the sharing economy business platform providing solutions for …
Sri Lanka inflation marginally down in June 2020
Jul 02, 2020 (LBO) - The year on year inflation as measured by the Colombo Consumer Price Index (CCPI) is 3.9 percent in June 2020 and inflation …
World Bank announces new Country Director for Sri Lanka
Jul 01, 2020 (LBO) – World Bank announces that Faris Hadad-Zervos is the World Bank’s new Country Director for Sri Lanka, Maldives, and Nepal, …
President looks into grievances at Excise Department
Jul 01, 2020 (LBO) - President Gotabaya Rajapaksa reviewed long-standing issues at the Department of Excise and directed relevant officials to find …
SEC approves new admission requirements to attract SMEs & Startups
Jul 01, 2020 (LBO) – The Securities and Exchange Commission of Sri Lanka (SEC SL) has approved the introduction of new rules and amendments to the …
Sri Lanka to launch e-Land Registration programme by August
Jun 30, 2020 (LBO) – Sri Lanka's e-Land Registration programme is expected to launch by August this year with the support of the Information & …
Sarvodaya Development Finance records a profit growth of 147-pct in 2019-20
Jun 30, 2020 (LBO) – Sarvodaya Development Finance (SDF), the financial services arm of the Sarvodaya Movement, sailed through the turbulent …
Fallout from Pandemic prompts an unprecedented rate cut: FCR
Jun 30, 2020 (LBO) – First Capital Research (FCR) believes that there is a higher likelihood of 90% that CBSL may provide a rate cut to ensure the …
Sri Lanka’s Foreign Minister gets phone call from US Secretary of State
Jun 30, 2020 (LBO) – Sri Lanka's Foreign Relations Minister Dinesh Gunawardena and US Secretary of State Mike Pompeo has engaged in a discussion on …
Deliver justice to ETI & TFC depositors legally: President instructs CBSL
President Gotabaya Rajapaksa has directed the officials of the Central Bank to deliver justice to the depositors of the ETI Finance and The Finance …
Executive Premium, SL’s top-notch business travel partner celebrates successful first year
Executive Premium, the premier travel partner of all business travelers to and within Sri Lanka is turning One year. A strategic investment by serial …
Sri Lanka not among 15 countries that lifted non-essential travel to the EU
Jun 29, 2020 (LBO) – The Delegation of the European Union (EU) to Sri Lanka and the EU Member States Embassies in Colombo issuing a clarification …
HNB records 15-pct YoY growth in digital remittances during COVID lockdown
Jun 29, 2020 (LBO) – Sri Lanka’s HNB has reported a smooth transition to contactless remittance transactions parallel to rising demand for …
Opinion: Three key priorities for Engineering & Construction companies beyond COVID
By PricewaterhouseCoopers (PwC) Sri Lanka: The impact of the COVID-19 pandemic on the engineering and construction industry is unprecedented. Based …
SEC continues engaging with capital market stakeholders
As part of its continuing efforts to reach out to market participants Viraj Dayaratne PC, Chairman of the Securities and Exchange Commission of Sri …
We are pleased to contribute towards MCC review committee: Bar Association of Sri Lanka
Jun 29, 2020 (LBO) – Bar Association of Sri Lanka (BASL) says that they are pleased to have contributed towards the final conclusions of the …
CBSL implements Credit Guarantee & Interest Subsidy Scheme for businesses
Jun 28, 2020 (LBO) – Sri Lanka's Central Bank has decided to implement a Credit Guarantee and Interest Subsidy Scheme to accelerate lending by …