Fitch affirms Sri Lanka’s Dialog Axiata at AAA(lka); outlook stable
Apr 02, 2019 (LBO) – Fitch Ratings has affirmed the National Long-Term Rating of Sri Lanka-based telecoms company Dialog Axiata at 'AAA(lka)' with …
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Vikas Arora assumes role of Sri Lanka’s Chief Country Officer of Deutsche Bank
Apr 02, 2019 (LBO) – Vikas Arora has assumed the role of Sri Lanka’s Chief Country Officer and General Manager of Deutsche Bank AG Colombo Branch …
50 percent probability for a policy rate cut in April: First Capital Research
Apr 02, 2019 (LBO) – First Capital Research allocates a 50 percent probability for a policy rate cut in Apr 2019 as they are of the view that …
Emirates Skywards invites members to fly more and earn more
(PRESS RELEASE) - Emirates Skywards, the award-winning loyalty programme of Emirates and flydubai, is rolling out a new limited time offer for all …
Opinion: The truth about Geneva Human Rights Council Resolution
By Finance Minister Mangala Samaraweera During the past few weeks, I have been watching the many headlines, debates, misinformation, …
United Nations torture prevention body to visit Sri Lanka
Apr 01, 2019 (LBO) – United Nations Subcommittee on Prevention of Torture is set to carry out its first visit to Sri Lanka from 2 to 12 April to …
Sri Lanka Police Narcotics Bureau publicly destroys over 769 Kg of drugs
Apr 01, 2019 (LBO) – Over 769 Kg of narcotics which was seized by Sri Lanka’s security forces in the recent past destroyed at the Suraweera …
Rs.79,000 million loans disbursed under Enterprise SL Program
Apr 01, 2019 (LBO) - Sri Lanka's Finance Ministry said it had disbursed 79 billion rupees to 46,673 persons under the Enterprise Sri Lanka loan …
Huawei CEO and Founder expects revenue to touch USD125Bn in 2019
Apr 01, 2019 (LBO) - Ren Zhengfei, CEO and Founder of Huawei, recently said that 2019 could be a difficult year for Huawei, and however the company, …
Sri Lanka’s Securities & Exchange Commission files action for insider dealing
Mar 31, 2019 (LBO) – Sri Lanka's Securities & Exchange Commission has filed an action before the Fort Magistrate’s Court against Dr. Sena …
Prime Minister visits Hambantota Port
Prime Minister Ranil Wickremesinghe today made an observation tour at the Laugfs Gas LPG transshipment terminal and the Port in Hambantota. Prime …
Construction of Sri Lanka’s first Cold Storage complex for perishables inaugurated
Mar 30, 2019 (LBO) – The construction of Sri Lanka's first Temperature and Humidity Controlled Warehouse Complex for Perishables was initiated …
Parliamentary High Posts Committee approves nominations of 14 career diplomats
Mar 30, 2019 (LBO) – Parliamentary High Posts Committee has approved the appointments of fourteen career diplomats nominated by President …
Kottawa-Makumbura multimodal transport center opens 31st March
Mar 29, 2019 (LBO) - The Kottawa-Makumbura multimodal transport center, the first of its kind in Sri Lanka providing seamless access for …
How will Brexit impact UK-SL trade: RIU report
Mar 29. 2019 (LBO) - The United Kingdom is one of the major trading partners of Sri Lanka, amounting to over 10 percent of the total annual trade. …
Empowering women with financial independence by closing the investment gap
Mar 29, 2019 (LBO) - As Sri Lankan women join the workforce – particularly in the corporate sector - at a higher rate than ever before, a new …
Bogawantalawa Tea set to become world’s first climate positive plantation company
Mar 28, 2019 9LBO) - After becoming the first company in the world to secure uncompensated carbon neutral certification for its tea growing, …
Sri Lankan official misrepresents discussion of UN human rights report: Bachelet
Mar 28, 2019 9LBO) - UN High Commissioner for Human Rights, Michelle Bachelet said Wednesday that a newspaper article quoting a senior Sri Lankan …
SriLankan Airlines to increase frequencies to Tokyo
Mar 28, 2019 (LBO) - SriLankan Airlines, one of the first carriers to fly to Tokyo’s Narita International Airport, is celebrating 35 years of …
“Apartment sales slowing due to relatively lesser cash flows for these investments” HNB CEO
Mar 27, 2019 (LBO) - Successful real estate sector outcomes will be dependent upon sound strategy that puts into place foreign investment for new …
Sri Lanka’s Tokyo Cement Company(Lanka) board resolves amalgamation
Mar 27, 2019 (LBO) - Sri Lanka's Tokyo Cement Company (Lanka) PLC board of directors of has resolved the amalgamation of TOKYO Super Cement Company …
OBG Sri Lanka report:Looks at steps being taken to encourage innovation and boost export earnings to USD20Bn in 2019
Mar 27, 2019 (LBO) - A new report from research and consultancy firm Oxford Business Group (OBG) shines a spotlight on Sri Lanka’s wide-ranging …
Sri Lanka’s Oceanpick first in South Asia to earn certification for offshore farming
Mar 27, 2019 (LBO) - Oceanpick (Pvt) Ltd., has been awarded the Best Aquaculture Practices (BAP) certification, making Sri Lanka a pioneer in South …
Small Northern Businesses Struggle for Funding
By Jekhan Aruliah There is an old joke: "The fastest way to become a millionaire is to be a billionaire and buy an airline". The airline will lose …