Interview: Darshi Keerthisena on Sri Lanka’s Batik craft and its future
Batik is one of Sri Lanka’s most loved and versatile heritage crafts and Darshi Keerthisena has used her artistic tool kit and shaped it into a must-have in …
Experts discuss framing a green development pathway for Sri Lanka
Experts from the government, private sector, UN agencies, think tanks, and other development partners, came together at this week’s kickstarter sessions of …
Video Interview: Women in leadership – Sonali Dharmawardene
Continuing with our women in leadership interview series, this month LBO is featuring Sonali Dharmawardene, a very sucessful fashion designer and entrepreuner …
UNDP introduces Colombo development dialogues on green development
Rapid socio-economic, technological, environmental, and other changes around the world have posed unprecedented challenges to us all. These challenges are …
Legal validity of digital signatures highlighted
Digital Signatures have been in use in Sri Lanka since 2009, however, due to the outbreak of the pandemic and travel restrictions, signing documents physically …
Interview: Futureproofing banking sector through digital-first mindset
There is a good reason why digitalisation is a top priority for banking. When done correctly, it enables paradigm shifting improvements in customer experience …
Sri Lanka gets USD 110Mn for health systems enhancement project from ADB
The Government of Sri Lanka decided to borrow a loan amounting to USD 110 million from ADB and a grant of USD 03 million, provided by ADB-managed Japanese Fund …
Sri Lanka projected to grow by 3.3-pct : Shifting gears to services-led growth can help build back better
Sri Lanka’s economy is projected to grow by 3.3 percent in 2021, but the medium-term outlook is clouded by pre-existing macroeconomic weaknesses and the …
EU GSP+ monitoring mission concludes visit to Sri Lanka
A team of senior European Union (EU) officials began an official visit to Sri Lanka on 27th September 2021 to review Sri Lanka's progress in implementing the …
“Our Goal is one million Chinese tourists to Sri Lanka” Dr. Palitha Kohona
Ambassador of Sri Lanka to China Dr. Palitha Kohona speaking at the Innovation and Development of Cities Summit, attended by many Chinese tour operators and …
WB supports safe, climate-resilient transport connectivity to strengthen agricultural supply chains
The World Bank’s Board of Executive Directors today approved $500 million in financing for Sri Lanka to provide safe, climate-resilient roads to connect …
Sri Lanka’s Wire communication consultancy group expands globally
Wire Communication Consultancy (WCC) Group announced its accelerated growth momentum with the expansion of its Strategic Public Relations, Communications and …
Sri Lankan import restrictions at odds with WTO rules hurt welfare of citizens: Economists
A panel of eminent economists urged that the Government take credible and decisive action to carry out immediate trade reforms. Advocata’s Academic Chair Dr. …
Interview: Local and International wins for architect Palinda Kannagara
Palinda Kannagara is one of the top Sri Lankan architects based in Columbo who has recently been honored both locally and internationally for his work. He is …
Sampath Bank records PAT of Rs.7Bn for first half of 2021
Financial results of Sampath Bank for the 1st Half of 2021 Sampath Bank posted a profit after tax (PAT) of Rs 7 Bn for the first half of 2021, against Rs 3.9 …
Hemas Group reports operating profit of 1.1Bn delivers strong Q1 performance
Hemas Holdings PLC (HHL) delivered yet another strong quarter amidst challenging operating environment conditions with key businesses gaining momentum in all …
Video Interview: Women in leadership – Sandra De Zoysa
In this women in leadership interview series, LBO will connect with some of the most successful female leaders and entrepreneurs in Sri Lanka, to uncover the …
Sri Lanka Tourism attracts over USD950Mn in investment despite pandemic
Foreign investment is a key driver of economic growth, as is the revenue generated via tourism. As one of its primary exports, tourism remains Sri Lanka’s …
UK’s CDC Group commits USD50Mn to ComBank to bolster SME lending and climate projects
Facility to target funding directly at underserved SMEs, boost jobs and promote economic and social inclusion across Sri Lanka Supports development of clean …
ICRA economic outlook for 2H 2021: Economy relapses amid the third wave
Key Takeaways Expedited vaccine rollouts in many major economies have enhanced global growth outlook for 2H 2021. Sri Lanka which was earlier expected to be a …