LankaClear celebrates a decade of T+1 cheque clearing
LankaClear (Pvt) Ltd., the company that operates LankaPay - the National Payment Network of Sri Lanka and functions under the supervision and guidance of the …
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University of Wales MBA Society to launch with “Encoro”
The official University of Wales- MBA Society in Sri Lanka was established for the first time to commemorate the seasoned professionals currently enrolled in …
Revolutionary ONE ACCOUNT powered by NDB Wealth
Expert financial planner NDB Wealth has taken a leadership role in promoting NDB Bank's revolutionary ONE ACCOUNT initiative. NDB ONE ACCOUNT is initially …
Sri Lanka’s agriculture to be modernized with World Bank funding
May 26, 2016 (LBO) - Sri Lanka’s cabinet has approved implementation of a five-year Agriculture Sector Modernization Project with 125 million US dollars …
European Union gives Rs.32.8mn for flood, landslide victims in Sri Lanka
May 26, 2016 (LBO) - The European Commission is providing 200,000 Euro (Rs. 32.8 million) in humanitarian funding to assist the most affected populations …
Ceylinco Life’s Life Fund crosses Rs 70 billion in 28 years
Ceylinco Life has announced that the company’s Life Fund crossed Rs 70 billion at end April 2016, making it the only local life insurer to achieve the feat …
Honesty and good communication skills are top traits for business leader – Regus Finding
Business people across the globe reported which key traits make a successful business leader and reveal that honesty and the ability to communicate with others …
Overwhelming response for Venture Engine 2016 submissions
Sri Lanka's pioneering entrepreneur empowerment platform Venture Engine has ended its “Call for Entries”, with the program having received an overwhelming …
Sri Lankan climber successfully summits Mt Everest
May 21, 2016 (LBO) - Sri Lanka's Jayanthi Kuru-Utumpala has summited the world's highest peak, Mt. Everest, early this morning, becoming the first Sri Lankan …
World Bank Launches Financing Facility to Protect Countries against Pandemics
SENDAI, Japan —The World Bank Group today launched the Pandemic Emergency Financing Facility (PEF), an innovative, fast-disbursing global financing …
Fitch assigns Sampath Bank’s subordinated debt final A(lka)
Fitch Ratings has assigned Sampath Bank PLC's (A+(lka)/Stable) Basel II-compliant subordinated debentures of up to LKR6bn a final National Long-Term Rating …
La Nina may give India heavy monsoon, Sri Lanka expects usual monsoon
May 25, 2016 (LBO) - India may have the highest monsoon rainfall in 22 years with La Nina on the cards, according to a private weather forecaster, boosting …
SriLankan Aviation College to expand training island wide
SriLankan Aviation College has appointed Nawaloka Air Services as its franchise partner. The new partnership intends to expand Aviation training countywide, …
India to turn Iranian port into transit hub bypassing Pakistan
May 24, 2016 (LBO) – India, Iran and Afghanistan have signed a tripartite agreement to turn the Iranian Chabahar port into a transit hub bypassing Pakistan, …
Fitch Affirms Sri Lanka’s Dialog Axiata at ‘AAA(lka)’
Fitch Ratings has affirmed Sri Lanka's Dialog Axiata PLC's (Dialog) 'AAA(lka)' National Long-Term Rating, a statement said. The Outlook is Stable. KEY RATING …
London Stock Exchange Group increases footprint in Sri Lanka
London Stock Exchange Group (LSEG) announced the signing of a landmark agreement with the government of Sri Lanka to set up their global Business Services arm …
Flood-hit Sri Lanka receives help from several countries
May 24, 2016 (LBO) – Sri Lanka has received a helping hand from several friendly countries to support the disaster affected people in the country. The …
Sri Lanka flood water could take few days to recede: UN OCHA
May 23, 2016 (LBO) - Sri Lanka's worst floods in 25 years may take few days to recede, with the increasing possibility of health issues in urban areas, UN's …
South-West monsoon gradually establishing over Sri Lanka: Met Dept
May 24, 2016 (LBO) - The South-west monsoon condition is gradually establishing over the country, and showers or thundershowers will occur at times in the …
Sri Lanka’s Colombo water supply still safe: Rauff Hakeem
May 20, 2016 (LBO) – Sri Lanka’s Water Supply Minister Rauff Hakeem today rejected claims that the water intakes from Ambatale Water Treatment Plant were …