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HNB clinches top spot on Business Today rankings

HNB PLC secured the No. 1 ranking on the prestigious ‘Business Today Top 30’, further consolidating on a remarkable reputation for excellence and …

Feb 25, 2020 (LBO) – Sri Lanka Transport Board (SLTB) has deployed 16 luxury buses to operate along the Hambantota - Colombo expressway. The …

Feb 25, 2020 (LBO) – The Lankan Angel Network (LAN) today announced that it has signed a landmark grant agreement with the Ford Foundation to …

Feb 25, 2020 (LBO) - The new Asian Development Bank (ADB) Country Director in Sri Lanka, Chen Chen, assumed office in Colombo Monday. “I am honored …

Feb 24, 2020 (LBO) – Sri Lanka's headline inflation as measured by the year-on-year change in the National Consumer Price Index has increased to …

Feb 24, 2020 (LBO) – The Monetary Board of Sri Lanka's Central Bank has decided to discontinue the compilation of SLIBOR with effect from 01 July …

In the backdrop of challenging external environment, Seylan Bank recorded a profit after tax of Rs.3.68 Bn for the year ended 31st December 2019. …

Feb 24, 2020 (LBO) – Sri Lanka Ports Authority (SLPA) has signed the consultancy service agreement to conduct a feasibility study for the proposed …

Feb 24, 2020 (LBO) – The security structure of the Asia Pacific cannot be duplicated in the Indian Ocean as the region has avoided such alliances, …

As the authorized reseller for apple devices ranging from iPhones, iPads, Apple watches, Mobitel is introducing the next generation Apple iPads and …

Feb 24, 2020 (LBO) – Sri Lanka’s Commercial Bank group reported a net profit of 5.9 billion rupees showing a marginal improvement of equity …

Feb 24, 2020 (LBO) - Ahead of the upcoming 43rd Session of the Human Rights Council (HRC) scheduled to commence next Monday (24 February), Foreign …

South Asia’s eastern subregion, comprising Bangladesh, Bhutan, India, and Nepal, needs to invest an estimated extra $118 billion in road safety …

DFCC Bank, the largest entity within the group recorded a profit after tax (PAT) of Rs 2,828 million for the year ended December 31, 2019 excluding …

Feb 22, 2020 (LBO) – The Ministry of Foreign Relations in coordination with the Sri Lanka Embassy in Seoul has been closely monitoring and …

For mobilizing domestic investment for the Sustainable Development Goals (SDGs), the Government needs to develop different schemes of blended …

Feb 21, 2020 (LBO) – Secretary to the President, P B Jayasundera has informed COPE Chairman and JVP Parliamentarian Sunil Handunnetti that it is …

Pan Asia Banking Corporation PLC, “the Truly Sri Lankan Bank” ended 2019 Q4 with its best financial results ever, to report a Post Tax Profit of …

The Monetary Board, with the concurrence of the Minister of Finance, Economy and Policy Development has appointed Assistant Governor, K M Mahinda …

Feb 20, 2020 (LBO) – Sri Lanka will enter into a Memorandum of Understanding (MoU) with India to develop the Jaffna International Airport. The …

Feb 20, 2020 (LBO) – Prime Minister has appointed retired Major General Vijitha Ravipriya as the new Director-General of Sri Lanka Customs, the …

By the Economic Intelligence Unit of the Ceylon Chamber of Commerce: The outbreak of the Novel Coronavirus (COVID-19) is having its toll on the …

Feb 20, 2020 (LBO) – Sri Lanka's Cabinet of Ministers has decided to suspend the decision to establish the Sainthamaruthu Urban Council. …

Feb 20, 2020 (LBO) - NDB Investment Bank (NDBIB) continued to execute milestone transactions in 2019, reiterating its position as the unrivalled …