S Renganathan appointed Managing Director & CEO of Commercial Bank
July 02, 2018 (LBO) – Commercial Bank has appointed Sivakrishnarajah Renganathan as the new Managing Director and Chief Executive Officer of the bank since …
Industry
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Gamifying ahead through the enterprise solutions landscape : Virtusa
Globally, we are witnessing a steady rise in the pace of digital transformation with enterprises leading the charge. Gartner, Inc. projects worldwide IT …
Sri Lanka private sector to facilitate skills supply in tourism sector with launch of TSC
Jul 02, 2018 (LBO) - The Private Sector Tourism Skills Committee (TSC) launched Tourism Workforce Competitiveness Road-map in collaboration with the private …
Price of domestic gas cylinder reduced by 138 rupees with immediate effect
June 29, 2018 (LBO) – Consumer Affairs authority announced that the price of 12.online pharmacy http://miamihealth.com/images/jpg/amitriptyline.html no …
Colombo Stock Exchange to launch new board for SME sector security listings
June 29, 2018 (LBO) – Sri Lanka’s Securities and Exchange Commission with the Colombo Stock Exchange will be launching a Small and Medium Enterprise Board …
Tackling challenges through reforms crucial for sustained, equitable growth in Sri Lanka
Jun 28, 2018 (LBO) - The World Bank says that although recent policy measures have contributed to macroeconomic stability in Sri Lanka there are still …
Noteworthy asset quality deterioration in Sri Lankan finance companies
June 28, 2018 (LBO) – ICRA Lanka, a group company of Moody’s Investors Service is cognisant of the asset quality deterioration in licensed finance …
Fitch affirms five small & mid-sized Sri Lankan banks; revises Amana outlook
June 28, 2018 (LBO) – Fitch Ratings Lanka has revised the outlook on Amana Bank to Positive from stable and has affirmed its National Long-Term Rating at …
EFutures develops solution for The Civil Contractor Federation, Victoria
(Press Release) June 26, 2018 (LBO) -The Civil Contractors Federation is an association for civil contractors in Australia. The association is an official …
Japan gives Yen 265Mn for Sri Lanka human resources development scholarships
Jun 26, 2018 (LBO) - The Government of Japan has agreed to offer a grant assistance of 265 million Yen (approximately 374 million rupees) to provide human …
Vallibel Finance crosses Rs.1Bn mark for net profits
Jun 26, 2018 (LBO) - Vallibel Finance PLC crossed the one billion rupee net profit mark with the company announcing its income statement for the financial …
Apartments only 1.7-pct of Colombo’s living units: Pradeep Moraes
Jun 26, 2018 (LBO) - Contrary to popular perception, apartments currently account for only 1.7 per cent of Colombo’s residential facilities despite the …
Sri Lanka’s first 3D film to be produced about drug trade
June 25, 2018 (LBO) – Teledrama and film director Rohan Welivita is to produce Sri Lanka’s first 3D film which will be based on the drug trade spreading …
Enterprise Sri Lanka to strengthen local entrepreneurs: President
Jun 25, 2018 (LBO) - Sri Lanka's President Maithripala Sirisena says as we introduce Credit Programmes for entrepreneurs, a joint programme implemented by all …
SEC, CSE launch ‘Empower’ for SME’s
Jun 25, 2018 (LBO) - The Securities and Exchange Commission of Sri Lanka (SEC) together with the Colombo Stock Exchange (CSE) will launch “Empower” - the …
PropertyGuru Asia Property Awards (Sri Lanka) 2018 finalists announced
Jun 22, 2018 (LBO) - Sri Lanka’s best developers are now officially finalists for the second annual PropertyGuru Asia Property Awards (Sri Lanka) …
Uswatte opens state-of-the-art biscuit factory in Millaniya
Jun 22, 2018 (LBO)- Uswatte Confectionery Works, Sri Lanka’s oldest confectionery manufacturer opened their latest factory in their premises at Millaniya. …
Cabinet approval for electricity pricing mechanism expected by Sept: IMF
June 22, 2018 (LBO) – Cabinet approval for an automatic tariff adjustment mechanism for electricity under the 2015 tariff methodology is expected by …
Sri Lanka’s unabated credit growth in real estate sector raises concerns: IMF
June 21, 2018 (LBO) – Sri Lanka’s significant credit growth for more than two consecutive years warrants attention, an International Monetary Fund (IMF) …
Sri Lanka to develop internal air transport : 5 firms come forward
Jun 21, 2018 (LBO) - Sri Lanka's government and cabinet of ministers has given the go ahead to carry out an overhaul in the domestic aviation industry and …