Rapid development for communication infrastructure in remote areas
President Gotabaya Rajapaksa's goal is to utilize the telecommunication development fees to develop the communication infrastructure in remote areas, says the …
President Gotabaya Rajapaksa's goal is to utilize the telecommunication development fees to develop the communication infrastructure in remote areas, says the …
Experts from the government, private sector, UN agencies, think tanks, and other development partners, came together at this week’s kickstarter sessions of …
A new Circular will be issued to give effect to the process of issuance of permits for mining, transportation and trade of metals, sand, soil, gravel and clay. …
Fitch Ratings has downgraded Bimputh Finance PLC's National Long-Term Rating to 'CC(lka)' from 'B-(lka)'. The rating has been removed from Rating Watch …
The U.S. Agency for International Development’s (USAID) Private Sector Development project signed a Memorandum of Understanding (MOU) with Hatton National …
The Monetary Board of the Central Bank has made an order permitting Swarnamahal Financial Services PLC (SFSP) to resume business for a limited period of six …
Key takeaways § Decline in total expenditure is achieved at the expense of the capital spending § Capital heavy ministries take capex …
Continuing with our women in leadership interview series, this month LBO is featuring Sonali Dharmawardene, a very sucessful fashion designer and entrepreuner …
Rapid socio-economic, technological, environmental, and other changes around the world have posed unprecedented challenges to us all. These challenges are …
Digital Signatures have been in use in Sri Lanka since 2009, however, due to the outbreak of the pandemic and travel restrictions, signing documents physically …
There is a good reason why digitalisation is a top priority for banking. When done correctly, it enables paradigm shifting improvements in customer experience …
The Government of Sri Lanka decided to borrow a loan amounting to USD 110 million from ADB and a grant of USD 03 million, provided by ADB-managed Japanese Fund …
The ‘Performance First’ work ethic embraced by First Capital Holdings PLC, a Janashakthi Group Company, received industry validation recently as it was …
Asian Development Bank (ADB) Director General for South Asia Department Kenichi Yokoyama has assured President Gotabaya Rajapaksa that the ADB will support the …
Regulating prices: from price mandates to more competition The government recently removed the maximum retail price (MRP) on rice with a decision to import a …
By Imesha Dissanayake Maritime Freight rates have been on an upward trend since the second half of 2020. The Drewry’s composite World Container Index (WCI) …
Sri Lanka’s economy is projected to grow by 3.3 percent in 2021, but the medium-term outlook is clouded by pre-existing macroeconomic weaknesses and the …
The Public Utilities Commission of Sri Lanka (PUCSL), the electricity sector regulator, commences the second phase of awarding free National Vocational …
With the onset of COVID-19, the world has seen disruptions to traditional forms of education. In Sri Lanka, since the first wave and the resulting lockdown in …
A team of senior European Union (EU) officials began an official visit to Sri Lanka on 27th September 2021 to review Sri Lanka's progress in implementing the …