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Sri Lanka pledges USD 15,000 to UNHCR in response to 2019 Global Appeal

Dec 13, 2018 (LBO) – Sri Lanka has pledged a contribution of 15,000 US dollars to the UNHCR’s 2019 programmes in earnest expectation that the UN …

Is Sri Lanka’s health system ready to respond to the population shift?

Dec 12, 2018 (LBO) - Today marks International Universal Health Coverage (UHC) Day. To achieve the vision of Universal Health Coverage by 2030, all …

How tourism growth affect real estate sector in Sri Lanka

By Lamudi Real estate and tourism are two different industries that correlate and influence on one another. Especially, by the end of the 30 …

Expert Committee hands over report on Singapore-Sri Lanka FTA to President

Dec 11, 2018 (LBO) - The report compiled by a Presidential Commission on the Sri Lanka – Singapore Free Trade Agreement (FTA), was handed over to …

Srilankan airlines shows slight dip in carbon efficiency rankings for 2018

Dec 12, 2018 (LBO) - SriLankan Airlines carbon Efficiency points (EPs) points were down to 55.6 points in 2018 from 56 points in 2017, the atmosfair …

Norway partners with UNDP Sri Lanka to support peace & justice

Dec 10, 2018 (LBO) – Norwegian government has entered into a partnership agreement with the UNDP Sri Lanka to extend support to UNDP Sri Lanka’s …

MV ONE Columba makes maiden call at Colombo Port

Ocean Network Express (ONE)’s newest vessel MV ONE Columba called the Port of Colombo on her maiden voyage on the 7th of December 2018. The arrival …

Buyback offer lifts John Keells (JKH) stock out of the doldrums

December 8, 2018 (LBO) - Sri Lanka's stock market bellwether John Keells Holdings (JKH) has seen its stock price rise sharply since the start of Sri …

Constitutional Crisis: another $ 100mn flees Sri Lanka’s capital markets last week

December 8, 2018 (LBO) - Last week, the recent trend of foreign outflow from Sri Lanka's stock and bond markets picked up speed with almost US$100mn …

STAX Head of Research reaches the finals of Bracken Bower Prize

(PRESS RELEASE) - STAX has long been known to attract top talent from some of the world’s most prestigious universities and corporates. Its Head …

Softlogic Life completes victorious 2018 by becoming Sri Lanka’s most awarded life insurer

(PRESS RELEASE) - Ending the year on a winning spirit, Sri Lanka’s number one health insurer, Softlogic Life, has become the country’s most …

Sri Lanka signs agreement with FAO & China to strengthen fruit value chain

Dec 07, 2018 (LBO) – The signing ceremony of the FAO-China South-South Cooperation Tripartite Agreement between the Food and Agriculture …

Tourist arrivals to Sri Lanka up 17-pct in November despite political crisis

Dec 07, 2018 (LBO) – Tourist arrivals to Sri Lanka were up 16.8 percent to 195,582 in November from a year earlier despite the current political …

Commercial Bank provides Internet Payment Gateway to Daraz

The Commercial Bank of Ceylon has been appointed the Internet Payment Gateway (IPG) service provider to ‘Daraz,’ South Asia’s premier online …

Sri Lanka Supreme Court extends interim order on Parliament dissolution

Dec 07, 2018 (LBO) - Sri Lanka's Supreme Court has extended a suspension of a contested dissolution of parliament in the island by another day. The …

Planters’ Association says 100-pct increase in daily basic wage not sustainable

Dec 07, 2018 (LBO) – Planters’ Association of Ceylon has reiterated the position of its membership that a 100 percent increase in daily basic …

We are only partners of Sri Lanka democracy, but not of UNP: ACMC

Dec 06, 2018 (LBO) – All Ceylon Makkal Congress (ACMC) said that they are committed stakeholders of Sri Lanka’s democracy but not striving to …

Joint Apparel Association Forum unveils its new logo & corporate website

Sri Lanka Apparel during its existence in the last 4 decades grew and set itself as the leading manufactured product exporter of Sri Lanka …

Sampath Bank Ranked One of Country’s Top Ten Corporate Citizens

(PRESS RELEASE) Also Wins Category Award for Governance at Best Corporate Citizen Sustainability Award 2018 Sampath Bank was recognized as one of Sri …

Sri Lanka’s macro economic conditions stable, Fiscal discipline required: CB Gov

Dec 06, 2018 (LBO) - Central Bank Governor Dr. Indrajit Coomaraswamy says that the islands debt situation is manageable and that no major destruction …