COVID-19 reshaping Sri Lanka’s real estate market: Prime Group
Jul 13, 2020 (LBO) - Sri Lanka’s residential apartment sales has been seeing renewed interest since January 2020 and post COVID -19 as well following a lull …
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SL vehicle registrations upon preference for private vehicles for fear of COVID – 19 infection
Jul 13, 2020 (LBO) - In most categories there was a dramatic rebound to pre COVID19 levels, pent up demand, expectations of a stock out of dealer inventory and …
Opinion: The myth: Self-sufficiency guarantees food security
By Sathya Karunarathne The novel coronavirus which drove cities and countries into lockdown has now sparked anxiety over a possible food crisis given the …
President tours Colombo in support of SLPP candidates; warm response from people
Jul 10, 2020 (LBO) - People requested the President to eradicate the drug menace from the country similar to the manner he provided them with housing while …
Extension of import controls further batters Sri Lankan economy: Advocata
According to the Extraordinary Gazette No 2182/10 of June 2020, import controls imposed by the earlier gazette Number 2176/19 of 22 May 2020 have been extended …
Sri Lanka tea average up in June 2020
Jul 09, 2020 (LBO) - Sri Lanka's national tea average for the month of June 2020 totalled Rs. 612.67 vis-à-vis Rs. 697.57 of May 2020, which was the highest …
Tourism Ministry and SLTDA to provide relief to industry stakeholders
Jul 06, 2020 (LBO) - To sustain the lives of employees directly involved in the tourism industry and linked to establishments registered with the Sri Lanka …
Central Bank approved Rs.53Bn for 20,240 COVID-19 affected businesses
Jul 06, 2020 (LBO) - The Central Bank, in consultation with the Government of Sri Lanka, has introduced the Saubagya Covid-19 Renaissance Loan Scheme to …
Sri Lanka inflation marginally down in June 2020
Jul 02, 2020 (LBO) - The year on year inflation as measured by the Colombo Consumer Price Index (CCPI) is 3.9 percent in June 2020 and inflation calculated …
President looks into grievances at Excise Department
Jul 01, 2020 (LBO) - President Gotabaya Rajapaksa reviewed long-standing issues at the Department of Excise and directed relevant officials to find immediate …
ComBank further slashes lending rates
Jun 26, 2020 (LBO) - The Commercial Bank of Ceylon has announced a further lending rate cut, slashing rates by up to 2 percent on all categories of loans in a …
Sri Lanka inaugurates new ADB funded COVID-19 test lab
Jun 25, 2020 (LBO) - The Asian Development Bank (ADB) has funded the construction and equipment of a new molecular polymerase chain reaction (PCR) laboratory …
SL should aim for V-shaped economic recovery post COVID 19 : Cabraal
Jun 25, 2020 (LBO) - Ajith Nivard Cabraal, advisor to the Prime Minister on Economic Affairs says that Sri Lanka should aim for V-shaped economic recovery and …
President wants media to help preserve national identity and cultural values
Jun 24, 2020 (LBO) - President Gotabaya Rajapaksa highlighted the necessity of right media practice that helps preserving Sri Lankan identity and cultural …
Rooster Jobs launched to help businesses steer recruitment during Covid-19
Jun 23, 2020 (LBO) - Rooster Jobs is a free of charge end-to-end recruitment platform and Applicant Tracking System (ATS) designed to help businesses source …
Sri Lanka electricity generation down 22.7-pct in Apr 2020
Jun 21, 2020 (LBO) - Sri Lanka’s total electricity generation (excluding non- conventional electricity as solar, wind, mini-hydro & biomass) stood at …
Sri Lanka should adopt extreme tourism targeting, covering high-end and backpackers
Jun 23, 2020 (LBO) - Sri Lanka's tourism industry can adopt extreme targeting, covering not only the high-end but also the lower end backpackers, an …
“Exporters optimistic about new market opportunities” new USAID survey
Jun 19, 2020 (LBO) - “Sri Lankan exporters are cautiously optimistic about business continuity amidst a global pandemic,” reveals the findings of a new …
President Xi applauds Sri Lanka’s successful fight against COVID-19
Jun 19, 2020 (LBO) - The Acting Ambassador for China Hu Wei met with President Gotabaya Rajapaksa Thursday at the Presidential Secretariat. He brought a letter …
Uber Eats provides dry rations worth Rs.8.5Mn million to low-income families
Jun 17, 2020 (LBO) - Uber Eats, in partnership with the Government of Sri Lanka and the Voice for Voiceless Foundation, is distributing LKR 8.5 million worth …