The future of Sri Lanka’s education in the 4IR : IPS
The profound impacts that an emerging fourth industrial revolution (4IR) will have on the future employment landscape underscore the crucial role of education …
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Sri Lanka economy to grow 3.5-pct in 2020: Central Bank
Nov 05, 2019 (LBO) - The Sri Lankan economy is projected to grow by around 3.5 percent in real terms in 2020, a new Central Bank report says. "The growth is …
Sri Lanka FDI down in first half of 2019: Dips in service and infrastructure sectors
Nov 05, 2019 (LBO) - The Central Bank says that Foreign Direct Investment (FDI) including loans to projects approved by the Board of Investment (BOI), …
ComBank receives best bank award from Global Finance
The Commercial Bank of Ceylon was recently presented the award for ‘Sri Lanka’s Best Bank in 2019’ by the USA-based Global Finance magazine at the 26th …
Opinion: Are we finally done taxing Aunty Flo?
By Nishtha Chadha One of the most talked about election promises this week has been Sajith Premadasa’s promise to distribute free sanitary hygiene products. …
Opinion: Are apartment developers moving to suburbs?
LankaPropertyWeb's (LPW) With Colombo city turning into a business hub more than a residential area, recent studies of LankaPropertyWeb (LPW) show that …
Sri Lanka’s cabinet approves MCC grant of USD 480 Million
Oct 29, 2019 (LBO) – Sri Lanka’s Cabinet of Ministers today approved the implementation of 480 million US dollars MCC grant that consists of grant funds …
Omega Line to reconstruct USD 24Mn Sri Lanka factory complex
Oct 22, 2019 (LBO) – Sri Lanka's Board of Investment has signed a deal with Omega Line to reconstruct its factory complex at the existing premises at …
Sri Lanka inflation at 5-pct in Sept 2019
Oct 22, 2019 (LBO) - Sri Lanka’s National Consumer Price Index (NCPI) increased to 5 percent from 3.4 percent recorded in August on a year-on-year basis, the …
Farm Smart: Developing Sri Lanka’s agriculture sector in the 4IR
Manoj Thibbotuwawa and Nimesha Dissanayaka Rapid population growth has put tremendous pressure on the world’s agricultural systems to provide safe and …
SriLankan Airlines clinches South Asia’s No 01 slot again
Oct 18, 2019 (LBO) - SriLankan Airlines was adjudged the ‘Leading International Airline’ in South Asia for the third consecutive year at the South Asian …
LankaPay, JCB International announce commercial roll-out of National card scheme
Oct 16, 2019 (LBO) - LankaClear (Pvt) Limited, the operator of LankaPay, Sri Lanka’s National payment network, together with JCB International Co., Ltd. , …
Sri Lanka hosts first meeting of mangrove ecosystems and livelihood action group
Oct 16, 2019 (LBO) - The first meeting of the mangrove ecosystems and livelihood action group (MELAG) under the Commonwealth blue charter, was held recently in …
SL should prepare implementable electricity generation plans: Nishan de Mel
Oct 15, 2019 (LBO) - Sri Lanka should prepare implementable and consistent electricity generation plans incorporating PESTAL factors, global trends and policy …
Sri Lanka CB maintains policy rates unchanged
Oct 11, 2019 (LBO) - Sri Lanka's Monetary Board has decided to maintain the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) …
EU provides Euro 40Mn to strengthening transformation, reconciliation
Oct 10, 2019 (LBO) - The European Union (EU) is providing 40 million euros to Sri Lanka to co-finance the "Strengthening Transformation, Reconciliation and …
Sri Lanka unemployment up in Q2 2019
Oct 09, 2019 (LBO) - T h e n u m b e r o f unemployed persons in Sri Lanka is estimated as 420,231 or 4.9 percent during the second quarter 2019, a new report …
Sri Lanka needs consistent energy policy to attract investors: Prof Samarajiva
Oct 09, 2019 (LBO) - Sri Lanka is in the need of consistent and solid policies in order to attract investors and planned infrastructure framework which should …
Sri Lanka tourist arrivals down 27-pct in Sep 2019
Oct 07, 2019 (LBO) - The total number of tourist arrivals to Sri Lanka during September 2019 was 108,575, down from 149,087 visitors or 27.2 percent from the …
Cinnamon’s 15th property, Velifushi Maldives opens
Oct 07, 2019 (LBO) - Cinnamon Hotels and Resorts, the leisure arm of John Keells Holdings continues expansion with the opening of its newest hotel, Cinnamon …