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ICRA Lanka assigns [SL]A-rating for Prime Lands and Prime Residencies

Mar 11, 2020 (LBO) - Rating action ICRA Lanka Limited, Subsidiary of ICRA Limited, Group Company of Moody’s Investors Service has assigned the Issuer rating …

Opinion: Is life insurance an absolute necessity?

By Indu Attygala The global life insurance industry is estimated to have grown by around 3% in the past years. Much of this growth has been led by the robust …

Opinion: The cost of being a Sri Lankan woman

By Nishtha Chadha This year’s International Women’s Day theme is #EachforEqual - a concept grounded in the idea of ‘Collective Individualism’. …

WHO officially declared COVID-19 a pandemic

Mar 10, 2020 (LBO) - The World Health Organization officially declared COVID-19 a pandemic. As cases of the coronavirus surge in Italy, Iran, South Korea, the …

Women in the workforce and why it matters for Sri Lanka: World Bank

To mark this year’s International Women’s day, we're discussing how Sri Lanka can benefit from more women joining the workforce and what can be done to …

AXIATA digital labs embarks on successful journey as digital service provider

Mar 10, 2020 (LBO) - AXIATA Digital Labs (ADL), a subsidiary of the AXIATA Group, Berhad, Malaysia has emerged as a ground breaking digital start-up providing …

COVID-19 Outbreak to have significant economic impact on developing Asia: ADB

Mar 10, 2020 (LBO) - The ongoing novel coronavirus (COVID-19) outbreak will have a significant impact on developing Asian economies through numerous channels, …

It’s more difficult to register a small business than a limited company: Report

Mar 06, 2020 (LBO) - Advocata Institute launching its report on regulations to small business and red tape project called for the removing of legal and …

Huawei signs MOU with Sri Lanka’s Moratuwa University to enhance ICT knowledge transformation

Mar 06, 2020 (LBO) - Huawei Sri Lanka and University of Moratuwa (UOM) entered into a Memorandum of Understanding (MoU) to enable the educated and talented …

COVID-19 outbreak likely to affect Sri Lanka’s economic performance : Central Bank

Mar 05, 2020 (LBO) - The exact impact on the Sri Lankan Economy would depend on the extent of the global spread of the COVID-19 outbreak, its persistence and …

Policy interest rates of Central Bank of Sri Lanka to remain unchanged

Mar 05, 2020 (LBO) - The Monetary Board of the Central Bank of Sri Lanka, at its meeting held on 04 March 2020, decided to maintain the Standing Deposit …

Sri Lanka national tea sale average up in Feb 2020; Highest since April 2018

Mar 05, 2020 (LBO) - National average for the month of February 2020 totalled Rs. 601.91 vis-à-vis Rs. 588.85 of January 2020, showing an increase of Rs. …

Secretary General of BIMSTEC calls on Minister of Foreign Relations

Mar 05, 2020 (LBO) - Ambassador Shahidul Islam Secretary General of Bay of Bengal Initiative for Multi Sectoral Technical Cooperation (BIMSTEC) commended on …

Our people-centric economic model aims at overcoming development slowdown:President

Mar 05, 2020 (LBO) - Accelerating our economic development is the primary challenge facing Sri Lanka today and most of the security issues that Sri Lanka has …

HSBC CFW introduces impact-based responsible program for the Sri Lankan fashion industry

Mar 04, 2020 (LBO) - The “Responsibility in Fashion” program by HSBC Colombo Fashion Week introduces three responsibility and circularity-based …

World Bank announces up to USD12Bn immediate support for COVID-19

Mar 04, 2020 (LBO) - As COVID-19 reaches more than 60 countries, the World Bank Group is making available an initial package of up to $12 billion in immediate …

President orders to ensure adequate fertilizer supply during Yala season

Mar 04, 2020 (LBO) - President Gotabaya Rajapaksa has directed officials to ensure supply of the required amount of fertilizer for the Yala season without …

Sri Lanka to host UN World Tourism Organization Conference in June

Mar 03, 2020 (LBO) - The 32nd joint meeting of UN World Tourism Organization’s Commission for East Asia and the Pacific and the UNWTO Commission for South …

Sri Lanka Finance companies face added regulatory pressure

Mar 03, 2020 (LBO) - Sri Lanka's finance and leasing sector will face added pressure for consolidation as deadlines for the implementation of tougher …

Easter Sunday attacks: Second interim report handed over to President

Mar 03, 2020 (LBO) - The second interim report of the Presidential Commission of Inquiry appointed to probe Easter Sunday attacks was handed over to President …