SL Tourism and Australia’s MDF to develop 5 year plan for tourism research
Oct 06, 2020 (LBO) - Sri Lanka Tourism Development Authority (SLTDA) and Australia’s Market Development Facility (MDF) have joined hands to develop a …
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7 promising startups graduate from SL’s first virtual fintech accelerator
HatchX, Sri Lanka’s first fintech startup accelerator programme, recently concluded its demo day with its first cohort of 7 promising local fintech startups …
Morison opens largest pharma facility in SL: Total investment of USD 18.5Mn
Oct 02, 2020 (LBO) - Morison PLC, a subsidiary of Hemas Holdings PLC opened its new state-of-the-art manufacturing plant and research and development facility …
Economists urge decisive action to prevent emerging Sri Lankan debt crisis
Oct 02, 2020 (LBO ) - A panel of eminent economists urged that the Government take credible and decisive action to prevent a painful debt crisis in Sri Lanka. …
Mobitel and Huawei launches first mid-range 5G Smartphone in Sri Lanka
Continuing its excellence in brining latest technology and devices, Mobitel, Sri Lanka’s National Mobile Service Provider, introduced Huawei’s next …
Advocata to live stream session on “How can we improve Sri Lanka’s debt sustainability” today
Sep 30, 2020 (LBO) - The Advocata Institute has launched its latest public policy discussion series 'DeepDive'. This series commences with several …
Abans to divest its stake in Abans Finance to Softlogic Capital
Sep 29, 2020 (LBO) – Abans PLC, the controlling shareholder of Abans Finance PLC, will be selling its stake in the finance company to Softlogic Capital PLC, …
Moody’s downgrades ratings of BOC, HNB & Sampath Bank; outlooks stable
Sep 29, 2020 (LBO) – Moody's Investors Service has today downgraded the long-term foreign currency deposit ratings of Bank of Ceylon (BOC), Hatton National …
CCC organize 20th Sri Lanka Economic Summit on 1-2 December 2020
Sep 28, 2020 (LBO) - The Ceylon Chamber of Commerce will be organizing the 20th Sri Lanka Economic Summit (SLES) on the 1st and 2nd of December 2020 at the …
Sri Lanka Export Development Board proposes export stimulus reward scheme for exporters
Sep 25, 2020 (LBO) – The commendable performance of Sri Lankan exporters and the resilience shown during an unprecedented COVID 19 pandemic is to be rewarded …
President steers revival of Export Development Council
Sep 25, 2020 (LBO) - After a lapse of 28 years the Export Development Council (EDC) was convened under the patronage of President Gotabaya Rajapaksa and Prime …
CA Sri Lanka continues to push companies to adopt integrated reporting
Sep 24, 2020 (LBO) – President of the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka), Manil Jayesinghe recently continued to push companies …
‘SriLanka @100’ launched to boost economic prosperity through mid-market firms growth
Sep 24, 2020 (LBO) - Sri Lanka@100, a private sector-led initiative was launched in Colombo on Thursday with the emphasis to enable the island to become a …
Nations Trust Bank goes green with e-Leaflets
Nations Trust Bank is well-known in the banking space for its commitment to digital accessibility and social responsibility. Thus, as the next-step in its …
Central Bank releses ‘Sri Lanka Socio Economic Data – 2020’
“Sri Lanka Socio Economic Data – 2020”, the annually published data folder of the Central Bank of Sri Lanka, is now available for public information. The …
Opinion: Driving Value through mastering Internal Capital Adequacy Assessment Process
By Rajith Perera, Partner/Principal, Financial Accounting Advisory Services, Ernst & Young, Sri Lanka COVID-19 pandemic represents the biggest test of the …
Over 100 complaints against state banks & their affiliates so far: Finance Ministry
Sep 21, 2020 (LBO) – The committee appointed to look into the irregularities in four state banks during the last 5 years has received over 100 complaints so …
SL Tourism to celebrate World Tourism Day 2020 from 25th to 27th Sept
Under the guidance of the Ministry of Tourism, Sri Lanka Tourism Development Authority and the Department of Trade Commerce and Tourism of Central Provincial …
John Keells Hotels & Indra Traders to build 3-star lean luxury hotel in Kandy
Sep 21, 2020 (LBO) – The Board of Investment (BOI) of Sri Lanka signed an agreement with Indra Hotels and Resorts Kandy (Pvt) Ltd., a joint venture between …
ICRA Lanka reaffirms the ratings of Vallibel Finance PLC
Sep 18, 2020 (LBO) - ICRA Lanka Limited has reaffirmed the issuer rating of Vallibel Finance PLC (VFP or the Company) at [SL]BBB (Pronounced SL triple B) with …