Ravi Abeysuriya appointed to Seylan Bank board as an Independent Director
October 23, 2018 (LBO) - Ravi Abeysuriya has been appointed to the board of directors of Seylan Bank with effect from October 17t, 2018 according to …
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Sri Lanka tops Lonely Planet’s top 10 countries to visit in 2019
October 23, 2018 (LBO) - Sri Lanka has placed number one among the Lonely Planet's top 10 countries to visit in 2019. According to Wikipedia, Lonely …
President inaugurates Sri Lanka Navy’s 9th ‘Galle Dialogue’ defence conference
October 22, 2018 (LBO) - The annual 'Galle Dialogue- 2018' International Maritime Conference organized by the Sri Lanka Navy commenced at the Galle …
Sri Lanka’s first national SME study calls for apex Commission & licensing agency
Sri Lanka’s first ever nation-wide study on the country’s SMEs recommend an apex SME Advisory Commission integrating the three top national SME …
Ambassador Gunasekera pays farewell calls on dignitaries of Korean government
On completion of tenure as the Ambassador of Sri Lanka to the Republic of Korea, Ambassador Manisha Gunasekera paid farewell calls on high level …
Sri Lanka introduces Business to Consumer direct transaction under E-commerce
Oct 22, 2018 (LBO) – Sri Lanka's Finance Ministry as envisaged in the Budget-2018 has established a regulatory framework enabling the Sri Lankan …
Finance Ministry justifies divestiture of Hyatt and Hilton Hotels
Oct 22, 2018 (LBO) – Sri Lanka’s Finance Ministry on Monday justifying the divestiture of Hyatt and Hilton Hotels said the decision was taken by …
Status of BOI Director General Duminda Ariyasinghe still uncertain
October 22, 2018 (LBO) - The status of the Board of Investment's Director General (DG) Duminda Ariyasinghe remains uncertain. Last week the BOI had …
Adam Investments (AINV) warned of CSE trading suspension from October 29th
October 22, 2018 (LBO) - The Colombo Stock Exchange (CSE) has notified the marketplace of an enforcement action against listed Adam Investments …
MTD Walkers Executive Deputy Chair Jehan Amaratunga resigns from Peoples Bank board
October 20, 2018 (LBO) - Newsfirst is reporting that Jehan Amaratunga has resigned from the board of Peoples Bank. His resignation as reported by …
People Bank directors ready to offer resignations on President’s request – Hemasiri Fernando
October 20, 2018 (LBO) - Hemasiri Fernando, Chairman of Peoples Bank, has said that he and the rest of the board of directors of People's Bank are …
September quarterly results for Industrial Asphalts (ASPH), Tea Smallholder Factories (TSML)
October 20, 2018 (LBO) - The first quarterly results posted by CSE listed companies for the September quarter have been by Industrial Asphalts (ASPH) …
Foreign outflows from stocks/bonds Rs7.6bn/week, $ 1bn loan from China to prop reserves
October 20, 2018 (LBO) - Net foreign outflows from Sri Lanka's stock/bond markets continued at a brisk pace this past week. online pharmacy buy …
Smuggled Cigarettes: A challenge to Govt.’s revenue and health objectives
(RIU) -Sri Lanka is one of the first middle-income countries to adopt a strong tobacco control policy. The country ratified the Framework Convention …
Two Sri Lankan Fintech startups win gold & merit at Asia Pacific ICT Alliance awards
The 18th Asia Pacific ICT Alliance (APITCA) awards 2018, which was held in Guangzhou, China from the 10th to 14th October, named DirectPay as the …
Fitch publishes Cargills Bank’s first-time ‘BB(lka)’ rating; outlook stable
Fitch has published Sri Lanka-based Cargills Bank Ltd's (CBL) National Long-Term Rating of 'BB(lka)' with a Stable Outlook. KEY RATING DRIVERS …
High Court issues interim order against Dr. Ali Gulamhusein and Malayandi Jeyapragash
October 19, 2018 (LBO) - Colombo Stock Exchange (CSE) listed Ceylon & Foreign Trades (CFT) recently released a disclosure with regard to its …
Opinion: BOI/BOC/PB fiasco, Are board positions worth fighting for?
October 19, 2019 (LBO) - Thursday morning the Colombo business community woke up the news that President Maithripala Sirisena had given instructions …
Govt. will support retail sector to make Sri Lanka a regional shopping destination: Fin Min
Oct 19, 2018 (LBO) - Opportunities for the retail sector will continue to expand with Sri Lanka recently crossing the US 4,000 dollar GDP per capita …
AmCham appoints new Board of Directors for 2018/2019
(Press release) - The 26th Annual General Meeting of the American Chamber of Commerce in Sri Lanka (AmCham) was held in September at the Hilton …
Mangala reveals fuel pricing formula
Oct 18, 2018 (LBO) - Sri Lanka's Finance Minister Mangala Smaraweera reveled to media the recently introduced fuel price formula calculation method …
ICRA Lanka upgrades issuer rating of Softlogic Holdings
Rating action ICRA Lanka Limited, subsidiary of ICRA Limited, a group company of Moody’s Investors Service has upgraded the issuer rating of …
BOI rejects reports about resignation of its Director General
Oct 18, 2018 (LBO) – Sri Lanka’s Board of Investment on Thursday rejected media reports that its Director General Duminda Ariyasinghe has …
Sri Lanka to implement tranche 2 of green power development program
Oct 18, 2018 (LBO) – Sri Lanka plans to implement the tranche 2 of the green power development and energy efficiency improvement investment …