Fitch rates Ceylon Electricity Board’s proposed debentures ‘AA+(lka)’
Fitch Ratings has assigned Ceylon Electricity Board's (CEB: AA+(lka)/Negative) proposed senior unsecured debenture issue of up to LKR20 billion a National …
Industry
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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 …
Emirates pays tribute to women with 120 female-directed films on board
Ten years after Kathryn Bigelow became the first woman to win an Oscar for Best Director for the movie Hurt Locker, Emirates, one of the world’s biggest …
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 …
COVID-19 outbreak likely to affect Sri Lanka’s economic performance : Central Bank
Mar 05, 2020 (LBO) - The exact impact on the Sri Lankan Economy would depend on the extent of the global spread of the COVID-19 outbreak, its persistence and …
Policy interest rates of Central Bank of Sri Lanka to remain unchanged
Mar 05, 2020 (LBO) - The Monetary Board of the Central Bank of Sri Lanka, at its meeting held on 04 March 2020, decided to maintain the Standing Deposit …
Sri Lanka national tea sale average up in Feb 2020; Highest since April 2018
Mar 05, 2020 (LBO) - National average for the month of February 2020 totalled Rs. 601.91 vis-à-vis Rs. 588.85 of January 2020, showing an increase of Rs. …
Secretary General of BIMSTEC calls on Minister of Foreign Relations
Mar 05, 2020 (LBO) - Ambassador Shahidul Islam Secretary General of Bay of Bengal Initiative for Multi Sectoral Technical Cooperation (BIMSTEC) commended on …
Our people-centric economic model aims at overcoming development slowdown:President
Mar 05, 2020 (LBO) - Accelerating our economic development is the primary challenge facing Sri Lanka today and most of the security issues that Sri Lanka has …
President orders to ensure adequate fertilizer supply during Yala season
Mar 04, 2020 (LBO) - President Gotabaya Rajapaksa has directed officials to ensure supply of the required amount of fertilizer for the Yala season without …
Sri Lanka to host UN World Tourism Organization Conference in June
Mar 03, 2020 (LBO) - The 32nd joint meeting of UN World Tourism Organization’s Commission for East Asia and the Pacific and the UNWTO Commission for South …
Sri Lanka Finance companies face added regulatory pressure
Mar 03, 2020 (LBO) - Sri Lanka's finance and leasing sector will face added pressure for consolidation as deadlines for the implementation of tougher …
Sanjaya Mohottala assumes duties as DG, BOI
Sanjaya Mohottala yesterday assumed duties as the new Director General of the Board of Investment of Sri Lanka. Mohottala was a Managing Director and Partner …
Opinion: Why we drink our own champagne
By Sal Laher, chief digital & information officer, IFS Both service providers as well as their customers rely on technology to help their operations and …
President recognizes 109 government institutions with high performance awards
Mar 02, 2020 (LBO) - On the recommendation of the Committee on Public Accounts (COPA), government bodies which have achieved a high performance level in the …
Japan further strengthens Sri Lanka coast guard`s oil spill combat expertise
An expert team of five Japan Coast Guard (JCG) officials including two National Strike Team members specialized for combatting oil spill incidents and two …
Securities and Exchange Commission DG removed with immediate effect
Mar 02, 2020 (LBO) - Securities and Exchange Commission (SEC) Director General (DG) Vajira Wijegunawardane, appointed in 2015 with an overall service to the …
‘Sancharaka Udawa’ to play pivotal role in boosting tourism industry
Mar 02, 2020 (LBO) - The Sri Lanka Association of Inbound Tour Operators (SLAITO) announced that the 10th edition of the Sancharaka Udawa -Sri Lanka’s only …
Melstacorp’s healthcare expansion to diversify cash flow: Fitch Ratings
Feb 28, 2020 (LBO) – Melstacorp PLC's foray into the Sri Lankan healthcare industry will help diversify its cash flows away from its focus on spirits over …
Japan strengthens Sri Lanka Coast Guard’s oil spill combat expertise
An expert team of five Japan Coast Guard (JCG) officials including two National Strike Team members specialized for combatting oil spill incidents and two …