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 …
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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 …
Crescat Boulevard mall be revamped
Jun 17, 2020 (LBO) - Asian Hotels and Properties PLC (AHPP) announced that it would be moving forward with major investments towards the refurbishment of …
Emirates to begin outbound flights from Colombo on 20 June
Jun 16, 2020 (LBO) - Emirates has announced the launch of outward-bound passenger flights from Sri Lanka, starting Saturday 20 June 2020, to facilitate travel …
State Banks must play their bounden role in economic revival: President
Jun 16, 2020 (LBO) - The State Banks should make their bounden contribution to rebuild the economy which is in a perilous state due to COVID – 19 pandemic. …
South Asia ramps up eco-innovation to curb marine plastic pollution
Jun 15, 2020 (LBO) - The World Bank, Parley for the Oceans, and the South Asia Cooperative Environment Programme (SACEP) launched today, on World Oceans Day, a …
Sri Lanka Missions facilitate to regularise visa status of local in Italy
Jun 15, 2020 (LBO) - Amidst the present uncertainties of the COVID-19 pandemic and in the context of the strong bilateral relations that have continued over …
ADB approves USD3Mn grant to assist Sri Lanka’s response to COVID-19
Jun 12, 2020 (LBO) - The Asian Development Bank (ADB) has approved a $3 million grant from its Asia Pacific Disaster Response Fund (APDRF) to further …
Housing for middle and low income families a priority: President
Jun 12, 2020 (LBO) - President Gotabaya Rajapaksa instructed the officials of the State Development and Construction Corporation to pay attention to the …
PUCSL to fine-tune externality, social and environmental cost of thermal power generation
Jun 12, 2020 (LBO) - The Public Utilities Commission of Sri Lanka (PUCSL), the electricity sector regulator, is all set to fine-tune the externality cost – …