All News

How to determine the best cloud service provider for your business.

As the COVID-19 pandemic encouraged most businesses to shift to remote work environments, it’s the cloud that made this possible. Although …

South Asia Textiles to export new fabric tested against COVID to United States

South Asia Textiles Limited, a leading Sri Lankan textile manufacturer specialized in producing exceptional quality weft knitted fabric for leading …

First-ever drive-thru blood sample collection unit by LHD

Jun 23, 2020 (LBO) - Lanka Hospitals Laboratories (LHD), the only medical laboratory in Sri Lanka with the merit of the highest-grade in …

Rooster Jobs launched to help businesses steer recruitment during Covid-19

Jun 23, 2020 (LBO) - Rooster Jobs is a free of charge end-to-end recruitment platform and Applicant Tracking System (ATS) designed to help businesses …

Nation Lanka Finance appoints Suresh Amerasekera as CEO

Jun 23, 2020 (LBO) – Nation Lanka Finance (NLF) announced the appointment of Suresh M. Amerasekera as their new CEO with effect from 9 June 2020. …

HNB records sharp spike in cardless transactions during COVID lockdown

Jun 23, 2020 (LBO) - Leading private sector bank HNB PLC, reported a 70 percent increase in the use of its cardless cash withdrawal facility, Cash to …

Sri Lanka electricity generation down 22.7-pct in Apr 2020

Jun 21, 2020 (LBO) - Sri Lanka’s total electricity generation (excluding non- conventional electricity as solar, wind, mini-hydro & biomass) …

Sri Lanka should adopt extreme tourism targeting, covering high-end and backpackers

Jun 23, 2020 (LBO) - Sri Lanka's tourism industry can adopt extreme targeting, covering not only the high-end but also the lower end …

Sri Lanka’s headline inflation decreased further in May

Jun 22, 2020 (LBO) – Headline inflation as measured by the year-on-year change in the National Consumer Price Index decreased further to 5.2 …

Ranjith Kodituwakku appointed People’s Bank CEO

Jun 22, 2020 (LBO) – Ranjith Kodituwakku has been appointed as the Chief Executive Officer/ General Manager of People’s Bank with effect from …

Trade deficit widens in April; import expenses on personal vehicles up, no tourism earnings

Jun 22, 2020 (LBO) – Sri Lanka's trade deficit widened in April 2020 to US dollars 840 million, from US dollars 797 million in April 2019, as the …

Challenges for Colombo Port City amidst uncertainty & volatility of current markets

Jun 22, 2020 (LBO) – PricewaterhouseCoopers (PwC) Sri Lanka recently hosted a webinar on Colombo Port City and its potential impact on the Sri …

DIRECTOR OF FINANCE COURSE

Conducted by a Veteran Finance Professional Nirmalan Nagendra recently conducted an extensive Director of Finance Course for Executive Committee …

People’s Bank introduces multiple loan schemes in line with government direction

Jun 22, 2020 (LBO) – The Chairman and Board of Directors together with the management of the People’s Bank in accordance with the direction of …

Mangala defends Sri Lanka’s Central Bank

Jun 21, 2020 (LBO) – Former Finance Minister Mangala Samaraweera says that he is defending the actions of the Central Bank as the Bank has done …

SLAITO Youth to improve sustainability of tourism industry

It is no secret that the tourism industry in Sri Lanka has weathered many storms over the past few decades but none compare to that of the present. …

Bar Association of Sri Lanka launches online Certificate Course in Commercial Arbitration

The Bar Association of Sri Lanka has launched a brand-new Certificate Course in Commercial Arbitration which will also be the first Online Course to …