Sri Lanka to review process adopted to revise original scope of Colombo Financial City
Dec 12, 2019 (LBO) – Sri Lanka’s cabinet nod has been received to appoint an expert committee to look into the process adopted by the previous government …
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The new oil of the 21st century: Sri Lanka’s need for data scientists
Malitha Goonaratne In 2012, the Harvard Business Review named being a ‘data scientist’ the “The Sexiest Job of the 21st Century”. If that is not …
Mark Mobius says Sri Lanka has foreign investors appeal for tourism, fin-tech and real estate
Dec 11, 2019 (LBO) - Emerging markets investor, Dr. Mark Mobius highlighting Sri Lanka's strengths said he sees immense growth potential in the island as the …
Chinese delegation to Sri Lanka inks SME pacts, clinches many B2Bs
Dec 10, 2019 (LBO) – Facilitated by Sri Lanka’s Confederation of Micro, Small and Medium Industries (COSMI), the high powered Chinese team moved on 9 …
Google’s Womenwill to host International Women’s Day event “SheLeads”
Dec 09, 2019 (LBO) - Womenwill is a Google initiative to create economic opportunity for women everywhere so that they can grow and succeed. Helping women make …
Ceylon Chamber optimistic that recent tax revisions will stimulate growth
Dec 04, 2019 (LBO) – The Ceylon Chamber of Commerce says they are optimistic that the revisions in taxes and levies announced by the government will …
Sri Lankan insurers’ regulatory capital positions drop on IFRS 16 adoption: Fitch
Dec 03, 2019 (LBO) – Sri Lankan insurers' risk-based capitalisation (RBC) ratios have fallen with the adoption of new accounting standards for lease …
Sri Lanka Y-o-Y inflation down to 4.4-pct in Nov 2019
Dec 02, 2019 (LBO) - The yer‐on‐year inflation as measured by CCPI is 4.4 percent in November 2019 and inflation calculated for October 2019 was 5.4 …
Authorized dealer was not the importer of mis-declared Audi A5 cars: CMTA
Dec 02, 2019 (LBO) – The Ceylon Motor Traders Association (CMTA) says that the sole authorized dealer for Audi in Sri Lanka was not the importer of the 13 …
Sri Lanka to introduce new scoring system to CRIB from January
Nov 29, 2019 (LBO) – Sri Lanka’s Central Bank said a new scoring system will be introduced to the Credit Information Bureau (CRIB) from January next year. …
President appoints six-member committee to aid appointments at state institutions
Nov 29, 2019 (LBO) - The Presidential Secretariat appointed a six-member committee comprised of professionals under the directions of President Gotabaya …
Reports about any potential investment in TFC not true: Central Bank
Nov 27, 2019 (LBO) – Sri Lanka's Central Bank on Wednesday clarified that the information published in newspapers regarding any potential investment in the …
Sri Lanka gets first bamboo–to-timber board production line with UNIDO backing
Nov 27, 2019 (LBO) – UNIDO, with the public sector, has granted hi-tech machinery for the production of bamboo boards from within Sri Lanka for the first …
Sri Lanka cable maker ACL buys 51-pct stake in local cable firm for Rs481mn
Nov 27, 2019 (LBO) – Sri Lanka's cable and conductor manufacturer, ACL Cables has entered into a share sale and purchase agreement to acquire 51 percent of …
4IR: A challenge or an opportunity for gender equality
Institute of Policy Studies - IPS These technological advances of the hold significant implications on existing gender structures and balances, especially in …
Fitch affirms Ceylon Electricity Board at AA+; outlook stable
Nov 26, 2019 (LBO) – Fitch Ratings has affirmed Sri Lanka-based Ceylon Electricity Board's (CEB) National Long-Term Rating at 'AA+(lka)' with a stable …
Opinion: Helping Sri Lankan workers in South Korea save better
Janaka Wijayasiri Sunil has been employed in South Korea for the last three and a half years, working for a Small and Medium Enterprise (SME) manufacturing …
Beware of online scams, protect bank passwords & PINs: Central Bank
Nov 21, 2019 (LBO) – Sri Lanka's Central Bank warns public that it has received information regarding several types of financial frauds and scams being …
EASA extends SriLankan Engineering’s maintenance certification
Nov 19, 2019 (LBO) – The European Aviation Safety Agency (EASA) has extended an important certification of SriLankan Engineering, the aircraft …
CMTA appeals Customs to take action for Rs160mn duty loss on 13 Audi vehicles
Nov 18, 2019 (LBO) – The Ceylon Motor Traders Association (CMTA) appeals to the Sri Lanka Customs and the Ministry of Finance, to take the stronger action …