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CBSL requests banks to open at least for 2 hours tomorrow

Mar 22, 2020 (LBO) – Sri Lanka's Central Bank has requested all Licensed Commercial Banks and Licensed Specialised Banks to keep their branches open at least …

CSE trading closed as both indices drop over 5-pct

Mar 20, 2020 (LBO) - Trading at the Colombo stock exchange closed at midday as the S&P SL20 index of more liquid stocks fell 11.90 percent or 262.42 points …

CSE to remain closed

Mar 19, 2020 (LBO) - The Colombo stock market will remain closed for the fourth consecutive day Thursday although an announcement was made that the market will …

Colombo Chamber appeals to curb spread of COVID-19 in banking network

Mar 18, 2020 (LBO) – Colombo Chamber of Commerce appeals to curb the spread of COVID-19 in the banking network. The chamber suggests the following steps to …

Measures adopted by CB during public holiday period

Mar 18, 2020 (LBO) - The Central Bank of Sri Lanka (CBSL) wishes to inform that the following measures have been adopted by CBSL during the public holiday …

Interactive webinar on COVID-19: Are we prepared?

Mar 16, 2020 (LBO) - The Ceylon Chamber of Commerce will be conducting an interactive webinar on Monday, 16 March at 2pm, with its members on COVID-19, Are We …

New Rules to Accelerate NPL Recognition by Sri Lankan FLCs

Mar 14, 2020 (LBO) - Tighter regulation in Sri Lanka on classification and measurement of credit facilities for finance and leasing companies (FLCs) will …

Identify right model to develop the country: President tells researchers

Mar 13, 2020 (LBO) - President Gotabaya Rajapaksa requested the heads of research organizations to find ways and means to uplift a small country like Sri Lanka …

CSE trading halted temporarily as S & P drops below 5-pct

Mar 12, 2020 (LBO) - Trading at Sri Lanka’s Colombo Stock Exchange (CSE) has been halted temporarily for 30 minutes following the S and P index dropping …

SEC to take measures to support stock market

Mar 12, 2020 (LBO) - The Members of the Commission of the Securities and Exchange Commission of Sri Lanka (SEC) convened a special meeting Thursday to assess …

Mobitel demonstrates 5G at One Galle Face Mall

Mar 11, 2020 (LBO) - Mobitel, a connectivity provider demonstrated the latest 5G connectivity at One Galle Face Mall recently. This event, a milestone in the …

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 …

Sri Lanka stocks close down

Mar 11, 2020 (LBO) - Following global markets, the Colombo Bourse took an expected beating Tuesday with both indices tumbling heavily during the initial ten …

CSE trading halted temporarily: Trading to re-commence by 10.12 am

Mar 10, 2020 (LBO) - Trading at Sri Lanka's Colombo Stock Exchange (CSE) has been halted temporarily following the S and P index dropping below 5 percent, …

SriLankan Airlines suspends flights to Kuwait : Qatar suspends travel to and from island

Mar 10, 2020 (LBO) - SriLankan Airlines has suspended its services between Sri Lanka and Kuwait from 6 March to 12 March. The move is following a decision by …

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 …

Emirates introduces generous waiver policy

Mar 10, 2020 (LBO) - Emirates is providing customers more flexibility, choice and value through its newly introduced waiver policy for all booked tickets …

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 …