Industry

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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 …

Sri Lanka temporarily halts on-arrival visa for tourists

Mar 12, 2020 9LBO) - Sri Lanka's Government has temporarily suspend the on-arrival-visa facility for foreign tourists until further notice as a measure to …

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 …

CSE recovers ASPI and S&P making gains during trading

Mar 12, 2020 (LBO) - The Colombo bourse recovered some of its losses after Wednesdays panic selling which led to the indices falling to an 8 year low, a market …

President seeks public cooperation to fight COVID – 19

Mar 12, 2020 (LBO) - President Gotabaya Rajapaksa seeks cooperation of all sections of the society to stop the spread of COVID – 19 in Sri Lanka. The country …

Largest participation of emerging designers at HSBC Colombo Fashion Week 2020

Mar 11, 2020 (LBO) - This season, CFW sees the highest participation of high potential Emerging Designers, a testimony to the development of the next …

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 …

Fitch Ratings to review Sri Lanka national ratings assigned to tier 2 debt

Mar 11, 2020 (LBO) - Fitch Ratings will review the National Ratings assigned to the issues of Tier 2 debt of Sri Lankan banks and non-bank financial …

ICTA to use design thinking to increase usage of the LGN 2.0 within public sector

Mar 11, 2020 9LBO) - Citra Social Innovation Lab, facilitated a design thinking workshop on recommendations to increase usage of the Lanka Government Network …

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 …

Opinion: Is life insurance an absolute necessity?

By Indu Attygala The global life insurance industry is estimated to have grown by around 3% in the past years. Much of this growth has been led by the robust …

Opinion: The cost of being a Sri Lankan woman

By Nishtha Chadha This year’s International Women’s Day theme is #EachforEqual - a concept grounded in the idea of ‘Collective Individualism’. …

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 …

COVID-19 Outbreak to have significant economic impact on developing Asia: ADB

Mar 10, 2020 (LBO) - The ongoing novel coronavirus (COVID-19) outbreak will have a significant impact on developing Asian economies through numerous channels, …

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 …