“Dialogue with Public Listed Companies” postponed: SEC
The Securities and Exchange Commission of Sri Lanka (SEC), has postponed the “Dialogue with Public Listed Companies” scheduled for Thursday 25th April, …
Industry
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Sri Lanka Tourism reassures world that the country is open for business
Apr 23, 2019 (LBO) – Sri Lanka Tourism on Tuesday reassured the world that the country is open for business and all possible measures have been taken to …
Sri Lanka death toll over 200 in Easter Sunday attacks
Apr 21, 2019 (LBO) - The death toll in Sri Lanka's terror attacks has risen to at least 207, with over 450 people injured, police spokesman Ruwan Gunasekera …
Sri Lanka announces island wide Police curfew; WhatsApp, Facebook blocked
Apr 21, 2019 (LBO) – Sri Lanka’s government has decided to impose an islandwide Police curfew, Defence Minister Ruwan Wijewardene said. As per the …
Seylan Bank’s Rs.5Bn debenture issue snapped up
Apr 25, 2019 (LBO) - Seylan Bank’s 5 billion rupee debenture Issue opened recently was successfully oversubscribed on the opening day, reflecting a strong …
Berendina awarded country’s first micro-financing license from Central Bank
Berendina Micro Investments Company (BMIC), the micro-finance arm of Berendina in Sri Lanka was recently granted a license to operate micro-financing by the …
Kavan Ratnayaka appointed Chairman of National Development Bank
Apr 18, 2019 (LBO) – An Independent Director of National Development Bank (NDB), Kavantissa Danudra Weerawardene Ratnayaka has been appointed as the new …
Google, Apple removes TikTok from app stores in India after ban
Apr 18, 2019 (LBO) – South Indian state of Tamil Nadu has requested Google and Apple to take down the Chinese-owned Tiktok video sharing app from their app …
Samsung unveils its first 5G Smartphone Galaxy S10 5G
Samsung Electronics announced the Samsung Galaxy S10 5G is available for purchase in Korea. Over the past decade, Samsung has worked closely with network …
No fuel price increase this time as people celebrate new year: Finance Ministry
Apr 10, 2019 (LBO) – Sri Lanka's Finance Ministry on Wednesday said that the fuel prices will not be increased this time in order to provide relief to the …
Sri Lanka’s first 100MW floating solar power plant before November
Apr 09, 2019 (LBO) – Sri Lanka’s Power Ministry and the Canadian Commercial Corporation, the Crown Corporation of the government of Canada on Tuesday …
DFCC priced rights issue at a 56-pct discount to NAV to attract shareholders: CEO
Apr 08, 2019 (LBO) – Chief Executive Officer of Sri Lanka’s DFCC bank says that they wanted to make the rights issue attractive to shareholders by …
Capital TRUST acquires Taxiyak and launches Taxiya
Apr 08, 2019 (LBO) - Capital TRUST Mobility Solutions (Pvt) Ltd, a subsidiary of Capital TRUST Holdings Limited is launching Taxiya, a mobile taxi hailing …
Reuters replies to Planters Association and stands by allegations
Apr 09, 2019 (LBO) - The Thomson Reuters Foundation has responded to The Planters’ Association of Ceylon (PA) statement published on …
Sampath Bank appoints Professor Malik Ranasinghe as Chairman
Professor Malik Ranasinghe, who was the Deputy Chairman of Sampath Bank since August 2016, will take on his new role from the 2nd April 2019 as the Chairman of …
Sri Lanka to issue visa on arrival to tourists from 39 countries
Apr 05, 2019 (LBO) – Sri Lanka's Cabinet of Ministers has approved a proposal to issue visa on arrival to tourists visiting the island from 39 countries. …
Digital Me bags Best Digital Marketing Campaign of year 2018 at SLIM Digis 2018
(PRESS RELEASE) - Digital Me, an emerging Digital Media Company in Sri Lanka was buzzing after being honored at the SLIM Digis Awards ceremony held at Waters …
SriLankan Airlines formulates new 5-year Strategic Business Plan
Apr 05, 2019 (LBO) - SriLankan Airlines has formulated a new five-year Strategic Business Plan for the period 2019-24 with the objective of transforming …
CEB Eng Union points fingers at PUCSL and Snr. Govt officials for power crisis
Apr 04, 2019 (LBO) - The power crisis in the country is mainly due to the timely non approval of the `Least Cost Long-Term Generation Expansion Plan’ …
AIA receives shareholder approval for proposal to delist from CSE
Apr 03, 2019 (LBO) – Publicly listed company AIA Insurance Lanka announced that it will delist the Company’s shares from the official list of the Colombo …