Commercial Bank launches a Credit Card exclusively for SMEs
The Commercial Bank of Ceylon has given fresh expression to its commitment to Small & Medium Enterprises (SMEs) with the launch of an exclusive Credit Card …
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Acting Ambassador for China calls on State Minister Ajith Nivard Cabraal
Acting Ambassador for China Hu Wei led a Delegation on a courtesy call on the State Minister Ajith Nivard Cabraal at the Finance Ministry this morning …
Oil Palm industry calls for urgent engagement with Govt. over-cultivation ban
Aug 24, 2020 (LBO) - The Palm Oil Industry Association (POIA) has said in a statement that while it respects the decisions relating to the industry contained …
Digging of new Mutwal Storm Water Drainage Tunnel completed helping Colombo flood control
Aug 21, 2020 (LBO) – The breakthrough ceremony of the new Mutwal Storm Water Drainage Tunnel was held today under the patronage of State Minister of Urban …
State Minister Tharaka Balasuriya reiterates need to reinforce ties with Asia
Aug 19, 2020 (LBO) – State Minister of Regional Co-operation Tharaka Balasuriya highlights the importance of regional cooperation within Sri Lanka’s …
Finetech recognized as Google Expertise Partners for Work Transformation & Google Meet
Finetech, the Google Premier Partner for Sri Lanka, Maldives and Bangladesh has been recognized by Google as an Expertise Partner in the areas of Work …
HNB & People’s Bank partner with Sanken Group to finance Capitol TwinPeaks to completion
Hatton National Bank (HNB) and People’s Bank together with the Sanken Group signed an agreement, on 12th August 2020, to ensure balance funding, for the …
Minister of Justice Ali Sabry commences his duties
President's Counsel, Ali Sabry commenced his duties as the Minister of Justice at the Ministry of Justice this afternoon
Plantation companies to lose Rs 500 mn. due to govt. vacillation on oil palm
Aug 17, 2020 (LBO) - Plantation companies will sustain a cumulative loss of more than Rs 500 million within months due to policy inconsistencies and …
First Capital records PAT of Rs. 1.07bn in 19/20 amidst challenging market conditions
First Capital Holdings PLC (the Group) the only listed investment bank in Sri Lanka, recorded a Consolidated Profit after Tax of LKR 1.07Bn for the year …
Uber first Sri Lankan ridesharing company to launch Tuk Rentals
Uber today became the first ridesharing company in Sri Lanka to launch an on demand 24x7 ‘Tuk Rentals’ service which will allow riders to book their …
China assures continued support to SL following MR victory
Aug 10, 2020 (LBO) - The Chinese Government has congratulated new Prime Minister Mahinda Rajapaksa and his party Sri Lanka Podujana Peramuna (SLPP) for winning …
Global growth forecast on track after latest GDP data: Fitch Ratings
Fitch Ratings' outlook for global GDP in aggregate remains on track with its June Global Economic Outlook (GEO) forecast after the recent bout of official 2Q20 …
Sri Lanka has the potential to serve as a Sustainable Finance Hub for South Asia
Sri Lanka Banks’ Association’s Sustainable Banking Initiative and the International Network of Financial Centres for Sustainability (FC4S ) jointly hosted …
New Parliament meets on August 20th
Aug 04, 2020 (LBO) - President Gotabaya Rajapaksa has summoned the new Parliament to meet on 20th August, 2020 following the General Election on August 5th. …
Japan donates 388MT of canned fish to Sri Lanka to meet protein needs of school children
Jul 31, 2020 (LBO) – The Government of Japan has donated a large shipment of canned fish, weighing 388 MT and worth JPY 300 million (LKR 519 million), to the …
Nations Trust Bank American Express ties up with PickMe
Nations Trust Bank American Express joins hands with PickMe, Sri Lanka’s leading mobility solutions provider, to provide convenient and cashless payment …
Dialog Axiata initiates 10 bed ICU development project at Homagama base hospital
Sri Lanka’s premier connectivity provider, Dialog Axiata PLC, has commenced immediate civil work for the expansion and provision of all equipment to …
Enterprise analytics ties up with Acumatica to equip SMEs with ERP solutions
Jul 29, 2020 (LBO) - Enterprise Analytics, a leading provider of pioneering technology-based business solutions, recently partnered with Acumatica …
ComBank introduces first QR-enabled payment option for Credit Cards in Sri Lanka
Commercial Bank Credit Card holders can now conveniently and instantly settle their Credit Card outstanding via their mobile QR payment App by scanning a QR …