SL-China biz council to facilitate growth in trade, tourism and investment
Sep 07, 2020 (LBO) - The 19th Annual General Meeting of the Sri Lanka – China Business Council (SLCHBC) of the Ceylon Chamber of Commerce was held recently. …
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Council for Business with Britain to strengthen the UK-SL trade corridor
Sep 04, 2020 (LBO) - The newly elected President of the Council for Business with Britain says efforts will primarily be focused on enhancing business and …
USD 30Mn invested towards Softlogic Life’s growth by Finnfund, NorFund & Munich Re
Softlogic Life Insurance PLC announced the inking of landmark deals with Development Financial Institutions; Finnish Fund for Industrial Cooperation Ltd – …
Savings accounts and fixed deposits can now be opened using NTB mobile app
Sep 02, 2020 (LBO) - Nations Trust Bank recently introduced the unique feature of opening Savings Accounts and Fixed Deposits on the Nations Mobile App. …
Asia Securities Investment Banking and CCC announces webinar on Financial Restructuring
Sep 02, 2020 (LBO) - The Chamber Academy in collaboration with Asia Securities Investment Banking Team is conducting a knowledge-sharing webinar on deploying …
Digital finance can deliver long-term financing of SDGs
Aug 31, 2020 (LBO) - The unprecedented social and economic crisis caused by the COVID-19 pandemic has put a spotlight on the role of digital finance in …
EDB and Foreign Ministry accelerate efforts to boost exports
Aug 28, 2020 (LBO) - The Export Development Board (EDB) and the Foreign Ministry are working closely together to increase the country’s export revenue and …
President envisages reducing foreign exchange spent on fish imports
Aug 28, 2020 (LBO) - President Gotabaya Rajapaksa says plans should be mooted from several directions to reduce the foreign exchange spent annual on fish …
Opinion: Importance of nurturing the condominium industry in Sri Lanka
By Blue Ocean Group of Companies The real estate and construction industry in Sri Lanka is one of the major revenue-generating sources with its growth or …
Tech, health care and telco to drive commercial property demand: RIU
Aug 26, 2020 (LBO) - Research Intelligence Unit (RIU), conducting a survey among Grade A & B commercial space tenants says technology firms, health care …
New Tourism framework to focus on 10 key areas
Aug 25, 2020 (LBO) - Sri Lanka needs a comprehensive system change to revamp post-COVID-19 tourism with all related authorities coming together to industry …
E-Registry proposal by the DCS satisfies a much-needed reform for MSEs : Advocata
Aug 24, 2020 (LBO) - The Advocata Institute commends the decision taken by the Department of Census and Statistics (DCS) to launch an e-registry portal to …
Oil Palm industry calls for urgent engagement with Govt. over-cultivation ban
Aug 24, 2020 (LBO) - The Palm Oil Industry Association (POIA) has said in a statement that while it respects the decisions relating to the industry contained …
Sampath Bank becomes youngest to achieve Rs. 1 trillion in assets, in just 33 years
Aug 24, 2020 (LBO) – Sampath Bank recently announced that its asset base has surpassed Rs. 1 trillion, making it the youngest bank in Sri Lanka to achieve …
Fitch rates Seylan Bank’s senior debt ‘A(lka)(EXP)’ & Basel III sub debt ‘BBB+(lka)(EXP)’
Aug 21, 2020 (LBO) – Fitch Ratings Lanka has assigned Seylan Bank's proposed senior debentures an expected National Long-Term Rating of 'A(lka)(EXP)'. Fitch …
Sri Lanka vehicle registrations likely to slow in August due to stockouts: Report
Aug 20, 2020 (LBO) - Vehicle registrations in July were only slightly down from June but remain at healthy levels indicative of existing inventory driving …
Seylan Bank: Alternative Small Business Export Loan Funding Made Simple
Small and medium-sized enterprise turn into big businesses Today's start-ups are tomorrow's industry leaders, provided they can manage their early expansion in …
Opinion: Domestic payment cards drive economic and social benefits
By LankaClear Groundbreaking research carried out in five major continents across the world by Anthemis Group has found that domestic card schemes and …
Sivan Arul Illam: Northern Province enterprise exporting spices worldwide started as 2004 Tsunami children’s refuge
By Jekhan Aruliah “Charity begins at home”. For the Northern Province based Sivan Arul Illam charity began by creating a children’s home. The home was …
CEAT to develop local industry: Save Rs.11Bn in foreign exchange via import substitution
Aug 18, 2020 (LBO) - CEAT Kelani Holdings has announced that in response to the Government's policies to develop domestic industry, it has stepped up capacity …