Sri Lanka elected Chair of Biological Weapons Convention Meet
Dec 09, 2019 (LBO) – The Meeting of States Parties (MSP) to the Convention on Biological Weapons, which concluded its four-day session in Geneva …
All News
Google’s Womenwill to host International Women’s Day event “SheLeads”
Dec 09, 2019 (LBO) - Womenwill is a Google initiative to create economic opportunity for women everywhere so that they can grow and succeed. Helping …
Sri Lanka’s Sigiriya clinches top slot as winter getaway
Dec 09, 2019 (LBO) - The USA Today has ranked Sri Lanka as the top destination, among 20 countries, for winter travel. "Jetsetters looking for …
UK fails to uphold Brigadier Fernando’s diplomatic immunities: SL Foreign Ministry
Dec 07, 2019 (LBO) – Sri Lanka's Ministry of Foreign Relations says that the sequence of events – including the failure to uphold Brigadier …
Sri Lanka official reserves down to USD7.5bn by end November
Dec 06, 2019 (LBO) – Sri Lanka’s gross official reserves were 7.5 billion US dollars (USD7,520.9mn) by the end of November, down from 7.8 billion …
Dushni Weerakoon highlights critical role tax policies can play to spur economic growth
Dec 06, 2019 (LBO) – Executive Director of the Institute of Policy Studies of Sri Lanka (IPS), Dr. Dushni Weerakoon this week highlighted the …
HSBC and IUCN announce project for development of greener apparel industry
Dec 06, 2019 (LBO) - HSBC and International Union for Conservation of Nature (IUCN) Sri Lanka Country Office announced the launch of their project to …
Sri Lanka bans import of spices, minor export crops for re-export
Dec 06, 2019 (LBO) – Sri Lanka's Finance Ministry has prohibited the importation of spices and minor export crops for the purpose of re-export or …
Central Bank to introduce new law regulating moneylenders
Dec 06, 2019 (LBO) – Sri Lanka's Central Bank with the Ministry of Finance is currently in the process of drafting a new law for licensing, …
Hambantota International Port reaches 1 million MT benchmark for 2019
Dec 05, 2019 (LBO) – The Hambantota International Port (HIP) has reached its 1 million MT benchmark for 2019 with volumes coming from RORO, Bulk …
Tourism, the Northern Province Game Changer
By Jekhan Aruliah Tourism is the single most game-changing opportunity for the North. Game changing because for those visitors with eyes to see and …
CIM launches revised marketing qualifications syllabus for Sri Lankan marketers
Dec 05, 2019 (LBO) – The Chartered Institute of Marketing (CIM), has announced a new revised syllabus, which will support marketers across a wide …
Sri Lanka tourist arrivals down 9.5-pct in Nov 2019
Dec 05, 2019 (LBO) - Sri Lanka’s tourist arrivals were down 9.5 percent in November 2019 to 176,984 from 195,582 a year earlier, new data show. Sri …
Fitch rates Nations Trust Bank’s Basel III subordinated debt final A-
Dec 05, 2019 (LBO) – Fitch Ratings has assigned Nations Trust Bank PLC's (NTB, A(lka)/Stable) proposed Basel III-compliant subordinated unsecured …
Mitra Innovation Director talks 2019 accomplishments & future plans
Dec 04, 2019 (LBO) – Director and Head of Mitra Products, Bivendra Narangoda, said the Company’s Product Business Unit has had a phenomenal 2019 …
Ceylon Chamber optimistic that recent tax revisions will stimulate growth
Dec 04, 2019 (LBO) – The Ceylon Chamber of Commerce says they are optimistic that the revisions in taxes and levies announced by the government …
Colombo Innovation Tower aims to connect industries with startups, knowledge experts
Dec 04, 2019 (LBO) – The recently opened Colombo Innovation Tower (CIT) aims to bring together players from across diverse industries and …
CA Sri Lanka Annual Report Awards: ComBank crowned winner, Hayleys second place
Dec 04, 2019 (LBO) – Commercial Bank was crowned the winner at the 55th Annual Report Awards winning the coveted ‘Cyril Gardiner Memorial …
Conservative manifesto contains distortion about Sri Lanka: SL Foreign Ministry
Dec 04, 2019 (LBO) – Sri Lanka's Foreign Ministry says that they took immediate steps to make strong representation to the Co-Chair of the …
United States supports Sri Lankan efforts to reduce landslide risk
The United States donated landslide monitoring instruments to Sri Lanka’s National Building Research Organization (NBRO) to more effectively manage …
Thomas Cook India acquires rights to Thomas Cook Brand for India, Sri Lanka & Mauritius
Dec 03, 2019 (LBO) – India's leading integrated travel and travel-related financial services company, Thomas Cook India today announced it has …
Fitch withdraws AA-(EXP) rating on Commercial Bank’s Basel III subordinated debt
Dec 03, 2019 (LBO) – Fitch Ratings is withdrawing the expected National Long-Term Rating of 'AA-(EXP)(lka)' assigned to Commercial Bank of Ceylon …
Swiss State Secretary asks SL to explain evidence against events described by embassy
Dec 03, 2019 (LBO) – Switzerland State Secretary Pascale Baeriswyl has asked Sri Lankan ambassador to explain the purported evidence against the …
ComBank wins 7 awards including ‘Governance’ and ‘Social Sustainability’ at Best Corporate Citizen awards
The Commercial Bank of Ceylon’s commitment to People, the Planet and Profit – the three pillars of sustainability – saw Sri Lanka’s benchmark …