Mangala asks President to re- summon Parliament to approve public expenditure
Apr 29, 2020 (LBO) - Former Finance Minister Mangala Samaraweera in a letter to President Gotabaya Rajapaksa has urged him to exercise his powers as …
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MAS: Engagement to fight COVID-19 crisis through our manufacturing
Apr 29, 2020 (LBO) - Sri Lanka's MAS joins in the global efforts to contain the spread of COVID-19, protect the healthcare givers at the frontlines …
Clearing of vehicles from Hambantota port slow
Apr 28, 2020 (LBO) - The clearance of cars at the Hambantota Port is slow, and the port is concerned that they would not meet the April 30th deadline …
Central Bank cuts Sri Lanka’s growth forecast to 1.5-pct in 2020
Apr 28, 2020 (LBO) – Central Bank expects that the real GDP growth in Sri Lanka to decelerated to around 1.5 percent in 2020 before the economy …
Sri Lanka records a subdued growth of 2.3-pct in 2019: CBSL Annual Report
Apr 28, 2020 (LBO) – Sri Lankan economy recorded a subdued growth of 2.3 percent in 2019, compared to the growth of 3.3 percent in 2018, as per the …
Opinion: Innovation in the Lockdown era — A frugal approach
By Shane Herath There’s an unprecedented level of uncertainty and even panic regarding the coronavirus pandemic and the impact it has on the …
Emirates SkyCargo supports Sri Lankan exporters’ supply chain
Emirates SkyCargo, the freight division of Emirates, has helped Sri Lankan exporters despatch nearly 100 tonnes of local produce to markets in …
50 stranded Pakistanis repatriated via Sri Lankan Airlines
Apr 28, 2020 (LBO) – Pakistan High Commission in Colombo has coordinated with Sri Lankan Authorities for the successful return of 50 stranded …
Concessionary period for port occupational charges extended up to 07 May
Apr 28, 2020 (LBO) – The Ministry of Ports and Shipping has informed Sri Lanka Ports Authority (SLPA), SAGT and CICT on 27 April 2020 to extend the …
Central Bank imposes maximum interest rates on pawning advances of banks
Apr 27, 2020 (LBO) – Sri Lanka's Central Bank has decided to impose maximum interest rates on pawning advances of licensed banks. The decision has …
No decision should be taken outside the Constitution – Maha Sangha emphasise
Apr 27, 2020 (LBO) - President Gotabaya Rajapaksa enlightened the Maha Sangha on the measures taken by the Government to control the spread of COVID …
Sri Lanka COVID cases cross 500 : Island-wide curfew imposed today
Apr 27, 2020 (LBO) - Sri Lanka's COVID-19 cases rose to 523 as the Government yesterday cancelled leave of all armed forces personnel and extended …
Opinion: Building wealth amid COVID-19
By Blue Ocean Group of Companies Time in the Market Is Better Than Timing the Market The COVID-19 pandemic has swept across the world, not merely …
Advocata commends increase in testing: Calls on Govt to review purchasing tests
Apr 27, 2020 (LBO) - The Advocata Institute has previously highlighted the importance of expanding testing capacity with the engagement of the …
Tip to boost visibility of your LinkedIn profile
By Chathurika Jayawardana, Founder, Career Kit If you already have a LinkedIn profile, now is a great time to boost your visibility, while everyone …
Dialog Axiata pledges Rs. 200Mn for ICU capacity development
Apr 26, 2020 (LBO) – Dialog Axiata pledged 200 million rupees for urgently required ICU capacity development in hospitals selected by the Ministry …
Govt. issues regulations to maintain normalcy in civilian life during curfew
The ongoing curfew in the districts of Colombo, Gampaha, Kalutara and Puttalam will remain in force till 5.00am on Monday, May 04th. In all other …
Hambantota Port urges importers to clear vehicles without delay
Apr 25, 2020 (LBO) – Hambantota International Port (HIP) is ready to move over five thousand vehicles out of the port in the next few days, …
Union Bank to cease its operations as a Primary Dealer
Apr 24, 2020 (LBO) – Monetary Board of the Central Bank of Sri Lanka has granted approval for Union Bank of Colombo to cease its operations as a …
WTO, IMF call on countries to remove recent trade restrictions
Apr 24, 2020 (LBO) – The World Trade Organization (WTO) and The International Monetary Fund (IMF) call on governments to refrain from imposing or …
Fitch downgrades Sri Lanka to ‘B-‘; outlook negative
Apr 24, 2020 (LBO) – Fitch Ratings has downgraded Sri Lanka's Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDR) to 'B-', from 'B' …
Webinar on handling personal stress of employees and customers
The Chamber Academy of the Ceylon Chamber of Commerce will be hosting a webinar with licensed psychologist, George F. Rhoades Jr. Ph.D, on how to …
Sri Lanka missions abroad seek to re-position exports to meet new market conditions
Foreign Secretary Ravinatha Aryasinha has observed that even as the Foreign Ministry was preoccupied with endeavouring to mitigate a multitude of …
