Salary anomalies of five hundred thousand pensioners to be removed from next month
Jun 17, 2019 (LBO) - The proposal made by Finance Minister Mangala Samaraweera in his budget 2019 to remove the pensioners’ salary anomalies will be …
Other
Data on violence against women crucial to understanding magnitude of issue: Report
Jun 14, 2019 (LBO) - One in three female homicides in Sri Lanka are related to intimate partner violence and 69 percent of such incidences go unreported, …
Xuebing Sun assumes duties as new FAO Representative for Sri Lanka
Xuebing Sun presented his credentials to Mr. Tilak Marapana, Minister of Foreign Affairs of the Democratic Socialist Republic of Sri Lanka, as the new …
Ceylon Chamber organizes awareness session on exporting to US under GSP
The Ceylon Chamber will be organizing an awareness session on “Exporting to the United States under the Generalized System of Preferences: New Trends and …
Mahaweli Coconut Plantations Ltd commences trading on CSE
On 3rd June 2019, the shares of Mahaweli Coconut Plantations Limited (MCPL) commenced trading on the Colombo Stock Exchange (CSE). MCPL is the first company to …
Modi to visit Sri Lanka on Sunday, 9th June
Jun 07, 2019 (LBO) - Indian Prime Minister Narendra Modi will visit Sri Lanka on Sunday June 9. He will be making the stop after the Maldives on June 8 and 9 …
LVL Energy Fund profits up 30-pct; focus on expanding geographical footprint
Leading energy company and subsidiary of Lanka Ventures, the LVL Energy Fund PLC, surpassed its outstanding financial performance in the previous year, by …
Sri Lanka to obtain USD330Mn World Bank loan for climate mitigation
Jun 06, 2019 (LBO) - Sri Lanka's cabinet of ministers has approved the implementation of phase 1 of a multi-phase program for mitigation of climate …
Sri Lanka tea prices down in May 2019
Jun 06, 2019 (LBO) - Sri Lanka's tea prices or national average for May 2019 were down to 51.69 rupees vis-à-vis May 2018 with medium and low growns showing …
SriLankan Airlines, official airline partner of Melbourne’s Great Ocean Road Running Festival
SriLankan Airlines, the National Carrier of Sri Lanka and a member of the oneworld alliance continuing to establish its brand presence in Australia, became the …
Mobitel Partners M3Force to launch largest Monitoring and Response Center in Sri Lanka
Mobitel, Sri Lanka’s National Mobile Service Provider, has joined hands with M3Force to launch the largest Monitoring and Response (MnR) Center in Sri Lanka, …
UN launches open platform to support Sri Lanka’s policy making
Jun 03, 2019 (LBO) – United Nations in Sri Lanka together with Ministry of National Policies and Economic Affairs, launched UNLOCKED; an innovative and …
CDB profit before tax surpasses Rs 2.7bn, now among top 5 NBFIs
Citizens Development Business Finance PLC (CDB) reinforced its dominance as a disruptor in the financial intermediary business in Sri Lanka with its …
SriLankan Airlines to resume services to Karachi
SriLankan Airlines is to resume services to Pakistan’s commercial capital Karachi on 1st June 2019. Sri Lanka’s National Carrier will operate five weekly …
Sunshine Holdings PAT down 36.5-pct; top-line growth 6.9-pct in FY18/19
Divestiture of Tea plantation business in May 2019Consolidated revenue of Rs. 22.6 billion, an increase of 6.9% YoYPAT amounted to Rs. 1.1 billion, down 36.5% …
Samsung redefines SMART TV with the launch of Unbox Magic Series
Samsung Sri Lanka today announced its latest Smart TVs with industry first unique benefits such as Personal Computer, Music System , Live Cast and Two Way …
Australia returns illegal immigrants from failed people smuggling vessel
Twenty Sri Lankan national illegal immigrants were returned to Sri Lanka yesterday from a people smuggling vessel targeting Australia. Australia remains …
Ravi Fernando highlights need to embed corporate sustainability subject into curriculums
Well known strategic corporate sustainability guru Dr. Ravi Fernando has emphasized the crucial need for professional and academic programmes to integrate the …
Sri Lanka introduces an electronic Government Procurement System
Remarks made by Mangala Samaraweera, Minister of Finance at the launching event of the Electronic Government Procurement (e-GP) System on 29th May 2019 Let me …
DFCC iConnect to facilitate employee EPF payments
The greatest testimonial to DFCC Bank’s credentials as the industry leader in pioneering FinTech solutions in the banking and financial solutions industry is …