USD9Bn ADB facility to help members access and distribute COVID-19 vaccines
The Asian Development Bank (ADB) has launched a $9 billion vaccine initiative—the Asia Pacific Vaccine Access Facility (APVAX)—offering rapid and equitable …
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Sri Lanka to partner with Thailand in diversified areas for economic cooperation
Ambassador of Thailand in Sri Lanka Chulamanee Chartsuwan paid a courtesy call on Foreign Secretary Admiral Prof. Jayanath Colombage recently and discussed …
SL Foreign Min discusses Government concerns with Colombo based envoys
Foreign Minister Dinesh Gunawardena met with the British High Commissioner Sarah Hulton and Canadian High Commissioner David McKinnon, this week to discuss …
Opinion: Let your kids grow up
Vinuja Singharachchige “There is definitely an epidemic of overprotective parenting”- Jordan Peterson I find our country to suffer from excessive risk …
Taxes on essential products: Bringing debate back to where it matters
By Advocata Sri Lanka’s exorbitant taxes on sanitary napkins had the media spotlight over the last few weeks - this is not a new issue. In 2018 the total …
ABCs of investing in Sri Lankan real estate
By Lanka Property Web Imagine overlooking the crashing beach waves and feeling the cool ocean breeze stroking your cheeks as you sip on a cup of tea from the …
Renuka Holding PLC to raise Rs.1Bn via rights issue on CSE digital platform
Dec 08, 2020 (LBO) - Renuka Holding PLC (RHL) has announced plans to raise Rs. 1.031 billion via a Rights Issue closing on the 16th of December to carry out …
UNDP: COVID-19 could push number of people living in extreme poverty to over 1Bn by 2030
Severe long-term effects of the COVID-19 pandemic could push an additional 207 million people into extreme poverty on top of the current pandemic trajectory, …
World Bank says SL’s high-level of informal employment a concern
Dec 07, 2020 (LBO) - Around 70 percent of Sri Lanka's workforce are informally employed and there are generally three reasons to be concerned about high …
Foreign Minister discusses SL’s bilateral cooperation with Cuban ambassador
The Ambassador of the Republic of Cuba in Sri Lanka, Juana Elena Ramos Rodriguez met Foreign Minister Dinesh Gunawardena recently at the Ministry. The meeting …
SL Central Bank Governor W D Lakshman speaks at Economic Summit 2020
Dec 02, 2020 (LBO) - Governor of Sri Lanka's Central Bank W D Lakshman says Sri Lanka pushing up investor confidence with strong political stability, leading …
Uber Eats marks second anniversary in Sri Lanka, completes 10 million orders
Uber Eats is marking its second year anniversary in Sri Lanka after successfully delivering 10 million orders to hungry eaters. The platform more than doubled …
President makes new appointments to Judiciary including 6 supreme court judges
President Gotabaya Rajapaksa yesterday made several key Judiciary appointments with twenty one new judges to superior courts sworn in, yesterday. Judges …
ADB and Sri Lanka sign USD400Mn loan agreement to uplift secondary education
Dec 01, 2020 (LBO) - The Asian Development Bank (ADB) and the Government of Sri Lanka today signed a US 400 million dollars loan agreement to support the …
Private sector an equal partner in economic revival: Dr. Hans Wijayasuriya
Dec 02, 2020 (LBO) - Chairman of the Ceylon Chamber of Commerce has called on the private sector to be an equal partner in securing an accelerated economic …
Addressing poverty: Towards empowered Sri Lankan households
2020 has been a profoundly challenging year for Sri Lanka and the world at large with the COVID-19 pandemic causing an unprecedented crisis, so much so that …
Sampath Bank offers attractive loans for commercial & residential solar power projects
Extending its support to the Sri Lankan Government’s intention to increase the use of solar power among commercial and residential sectors, Sampath Bank PLC …
OCTAVE: Integrating advanced analytics with front-line business decisions
OCTAVE, the John Keells Group’s Data and Advanced Analytics Center of Excellence is making strides to build a world-class analytics practice to derive the …
Sri Lanka vehicle registrations continue to dip in Oct 2020
Sri Lanka’s vehicle registrations in October hit a record low across the board, including all commercial vehicle categories, due to the economic impact of …
SL can build back better from COVID-19 and realize inclusive, resilient growth
Nov 27, 2020 (LBO) - World Bank’s new Country Director for Maldives, Nepal and Sri Lanka, Faris Hadad-Zervos, completing his first visit to the island said …