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Sri Lanka Central Bank eases monetary policy further to support economic activity

Mar 16, 2020 (LBO) – The Monetary Board of Sri Lanka's Central Bank at an urgent meeting held today has decided to reduce the Standing Deposit …

President proposes collective SAARC response to fight COVID – 19

Mar 16, 2020 (LBO) - President Gotabaya Rajapaksa today (15) proposed to leaders of South Asian Association for Regional Cooperation (SAARC) to …

Govt. bans arrivals from UK, Belgium and Norway

Mar 16, 2020 (LBO) - Arrivals form UK, Belgium and Norway have been banned for two weeks, a govenment statement said. This brings the list of …

Interactive webinar on COVID-19: Are we prepared?

Mar 16, 2020 (LBO) - The Ceylon Chamber of Commerce will be conducting an interactive webinar on Monday, 16 March at 2pm, with its members on …

ADB gives Rs.110Mn grant for SL to combat COVID-19

Mar 14, 2020 (LBO) - The Asian Development Bank (ADB) has allocated a $ 600,000 grant from the Health System Enhancement Project to the Government of …

New Rules to Accelerate NPL Recognition by Sri Lankan FLCs

Mar 14, 2020 (LBO) - Tighter regulation in Sri Lanka on classification and measurement of credit facilities for finance and leasing companies (FLCs) …

Travel ban imposed on all passengers from Iran, South Korea and Italy : CAA

Mar 13, 2020 (LBO) - The Civil Aviation Authority (CAA) informed all airlines not to carry passengers to Sri Lanka from Italy, South Korea and Iran …

Identify right model to develop the country: President tells researchers

Mar 13, 2020 (LBO) - President Gotabaya Rajapaksa requested the heads of research organizations to find ways and means to uplift a small country like …

CSE trading halted temporarily as S & P drops below 5-pct

Mar 12, 2020 (LBO) - Trading at Sri Lanka’s Colombo Stock Exchange (CSE) has been halted temporarily for 30 minutes following the S and P index …

Sri Lanka temporarily halts on-arrival visa for tourists

Mar 12, 2020 9LBO) - Sri Lanka's Government has temporarily suspend the on-arrival-visa facility for foreign tourists until further notice as a …

SEC to take measures to support stock market

Mar 12, 2020 (LBO) - The Members of the Commission of the Securities and Exchange Commission of Sri Lanka (SEC) convened a special meeting Thursday …

CSE recovers ASPI and S&P making gains during trading

Mar 12, 2020 (LBO) - The Colombo bourse recovered some of its losses after Wednesdays panic selling which led to the indices falling to an 8 year …

President seeks public cooperation to fight COVID – 19

Mar 12, 2020 (LBO) - President Gotabaya Rajapaksa seeks cooperation of all sections of the society to stop the spread of COVID – 19 in Sri Lanka. …

Largest participation of emerging designers at HSBC Colombo Fashion Week 2020

Mar 11, 2020 (LBO) - This season, CFW sees the highest participation of high potential Emerging Designers, a testimony to the development of the next …

Mobitel demonstrates 5G at One Galle Face Mall

Mar 11, 2020 (LBO) - Mobitel, a connectivity provider demonstrated the latest 5G connectivity at One Galle Face Mall recently. This event, a …

Fitch Ratings to review Sri Lanka national ratings assigned to tier 2 debt

Mar 11, 2020 (LBO) - Fitch Ratings will review the National Ratings assigned to the issues of Tier 2 debt of Sri Lankan banks and non-bank financial …

ICTA to use design thinking to increase usage of the LGN 2.0 within public sector

Mar 11, 2020 9LBO) - Citra Social Innovation Lab, facilitated a design thinking workshop on recommendations to increase usage of the Lanka Government …