Sampath Bank, CBL Group and WSO2 donate PCR Lab to Colombo Army Hospital
Strengthening the nation’s ability to respond to the COVID-19 global pandemic, Sampath Bank PLC, CBL Group and WSO2 jointly donated a fully equipped PCR …
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Evolution of Fashion Week in a Post-Covid Environment
Sep 09, 2020 (LBO) - HSBC Colombo Fashion Week (CFW) became the first fashion week platform in the region to present fashion amid the Covid-19 environment. The …
Loss-making plantation companies to be handed over to tea smallholders as pilot project
Sep 09, 2020 (LBO) – President Gotabaya Rajapaksa emphasized that the tea industry which has suffered a severe setback should be revived based on a holistic …
Litro Gas awarded SLS 1672: 2020 for being compliant with COVID-19 safety requirements
Sri Lanka’s undisputed leader in the energy sector, Litro Gas Lanka Ltd and Litro Gas Terminal Lanka (Pvt) Ltd rendered an exceptional level of service to …
IBM extends partnership with PMsquare Sri Lanka to promote AI powered Business Analytics solutions
IBM today outlined a comprehensive strategy for Sri Lanka driven by Hybrid Cloud, and Artificial Intelligence (AI), underpinned by Cybersecurity at a virtual …
Crysbro strengthens Sri Lanka’s food security agenda with seed paddy production
Cementing its continued commitment to bolstering the country's food security agenda, leading poultry producer Crysbro recently initiated operations on seed …
US Ambassador meets Justice Minister to discuss future plans for judiciary in Sri Lanka
Sep 08, 2020 (LBO) – A meeting between the Minister of Justice, President's Counsel Mohamed Ali Sabry and the US Ambassador to Sri Lanka Alaina B. Teplitz …
Saudi Arabia decides not to charge any fine as a relief for exiting SL migrant workers
Sep 08, 2020 (LBO) – The Government of the Kingdom of Saudi Arabia has offered that any Sri Lankan migrant worker, with valid or expired visit visas of all …
Global GDP forecast revised up modestly as recovery surprises: Fitch Ratings
Sep 08, 2020 (LBO) – Fitch Ratings in its latest Global Economic Outlook (GEO) released Monday expects global GDP to fall by 4.4% in 2020, a modest upward …
President removes tax imposed on gem & jewelry industry; Rs.1Mn loan at 4-pct interest
President Gotabaya Rajapaksa decides to remove the 14% income tax imposed on the profit earned by the gem and jewelry manufacturers and the 15% tax on gold …
SLT Group to improve connectivity at the Lankagama-Neluwa village
Following the President’s visit to the Lankagama-Neluwa village on 29th August 2020, where he stated that he will direct the SLT Group to provide a solution …
UNDP: COVID-19 will widen poverty gap between women and men
Sep 04, 2020 (LBO) - The COVID-19 crisis will dramatically increase the poverty rate for women and widen the gap between men and women who live in poverty, …
US warns countries to guard against China Communications Construction Company
Sep 04, 2020 (LBO) – The United State hopes countries will examine their dealings with China Communications Construction Company (CCCC) to guard against the …
United States donates 200 ventilators to support Sri Lanka’s response to COVID-19
Sep 02, 2020 (LBO) – The United States Government, through the U.S. Agency for International Development (USAID), has donated 200 brand-new, state-of-the-art …
Opinion: Importance of nurturing the condominium industry in Sri Lanka
By Blue Ocean Group of Companies The real estate and construction industry in Sri Lanka is one of the major revenue-generating sources with its growth or …
SriLankan Airlines continuous to fly to selected international destinations
SriLankan Airlines says that the airline continues to fly to selected international destinations including Italy- Milan, United Kingdom-London, Japan – …
President plans to promote Kitul and Palmyra into main export crops
President Gotabaya Rajapaksa revealed his intention to develop Kitul(Fishtail Palms) and Palmyra Palms plantation into main export crops of Sri Lanka in order …
JICA completes development of island wide sewerage master plan
Aug 26, 2020 (LBO) – Japan International Cooperation Agency (JICA) has extended support for the development of Sewerage Master Plan to the National Water …
Opinion: How can Sri Lanka’s democracy be gender-inclusive?
By Sathya Karuarathne Sri Lanka’s general election dawned at a crucial time of extreme uncertainty and precariousness. The island’s political, social, and …
CCC & PwC Sri Lanka to host awareness webinar on Real Estate Investment Trusts
The Ceylon Chamber of Commerce and PwC Sri Lanka will be jointly hosting an awareness webinar on the Real Estate Investment Trusts (REITs) Framework. Real …