SLT & Mobitel becomes FIRST to Power Lankagama Village with broadband and voice services
As the Nation’s Pioneer in Telecommunication Services, SLT & Mobitel successfully concluded the implementation of connecting the Lankagama village with …
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Sampath Bank, CBL Group and WSO2 donate PCR Lab to Colombo Army Hospital
Strengthening the nation’s ability to respond to the COVID-19 global pandemic, Sampath Bank PLC, CBL Group and WSO2 jointly donated a fully equipped PCR …
Evolution of Fashion Week in a Post-Covid Environment
Sep 09, 2020 (LBO) - HSBC Colombo Fashion Week (CFW) became the first fashion week platform in the region to present fashion amid the Covid-19 environment. The …
Loss-making plantation companies to be handed over to tea smallholders as pilot project
Sep 09, 2020 (LBO) – President Gotabaya Rajapaksa emphasized that the tea industry which has suffered a severe setback should be revived based on a holistic …
Strategic investments required for anti-money laundering compliance programs for banking
Sep 08, 2020 (LBO) - Deloitte Touche Tohmatsu India LLP report suggests need for strategic investments in re-designing anti-money laundering (AML) compliance …
President removes tax imposed on gem & jewelry industry; Rs.1Mn loan at 4-pct interest
President Gotabaya Rajapaksa decides to remove the 14% income tax imposed on the profit earned by the gem and jewelry manufacturers and the 15% tax on gold …
Flemington completes 5 years in condominium development industry in SL
Sep 07, 2020 (LBO) - A recent entrant into Colombo’s property development arena, The Flemington recently celebrated 5 years in the industry. During the past …
CEAT ups ‘2-wheeler’ tyre production
Sep 07, 2020 (LBO) - Maximising capacity utilisation at its manufacturing plants at Kelaniya and Kalutara, the Company pushed production of tyres for …
SL-China biz council to facilitate growth in trade, tourism and investment
Sep 07, 2020 (LBO) - The 19th Annual General Meeting of the Sri Lanka – China Business Council (SLCHBC) of the Ceylon Chamber of Commerce was held recently. …
Big Bad Wolf Book sale to give access to three times more titles this year
Sep 07, 2020 (LBO) - Book lovers across Sri Lanka, it’s time to get ready for the Big Bad Wolf Book Sale. The Sale is coming to Sri Lanka for the 4th …
Council for Business with Britain to strengthen the UK-SL trade corridor
Sep 04, 2020 (LBO) - The newly elected President of the Council for Business with Britain says efforts will primarily be focused on enhancing business and …
UNDP: COVID-19 will widen poverty gap between women and men
Sep 04, 2020 (LBO) - The COVID-19 crisis will dramatically increase the poverty rate for women and widen the gap between men and women who live in poverty, …
CIMA launches ‘Hundred & 10%’ – first ever ‘Virtual Career Festival’
Sep 03, 2020 (LBO) - CIMA, the world’s leading and largest professional accountancy body launched ‘Hundred & 10%’, CIMA Sri Lanka’s first-ever …
Savings accounts and fixed deposits can now be opened using NTB mobile app
Sep 02, 2020 (LBO) - Nations Trust Bank recently introduced the unique feature of opening Savings Accounts and Fixed Deposits on the Nations Mobile App. …
Asia Securities Investment Banking and CCC announces webinar on Financial Restructuring
Sep 02, 2020 (LBO) - The Chamber Academy in collaboration with Asia Securities Investment Banking Team is conducting a knowledge-sharing webinar on deploying …
JKH ranked as Sri Lanka’s most respected entity for 15th year
Aug 31, 2020 (LBO) - For a record 15th year, John Keells Holdings PLC (JKH), was ranked as the Most Respected entity in Sri Lanka, in the recently released …
EDB and Foreign Ministry accelerate efforts to boost exports
Aug 28, 2020 (LBO) - The Export Development Board (EDB) and the Foreign Ministry are working closely together to increase the country’s export revenue and …
President envisages reducing foreign exchange spent on fish imports
Aug 28, 2020 (LBO) - President Gotabaya Rajapaksa says plans should be mooted from several directions to reduce the foreign exchange spent annual on fish …
Opinion: Importance of nurturing the condominium industry in Sri Lanka
By Blue Ocean Group of Companies The real estate and construction industry in Sri Lanka is one of the major revenue-generating sources with its growth or …
Tech, health care and telco to drive commercial property demand: RIU
Aug 26, 2020 (LBO) - Research Intelligence Unit (RIU), conducting a survey among Grade A & B commercial space tenants says technology firms, health care …