Sri Lanka to host 2021 Annual meeting of ADB: Finance Ministry
The 54th Annual Meeting of the Board of Governors of the Asian Development Bank is to be held in Colombo, in May 2021. The Annual Meeting of the ADB Board of …
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ComBank slashes rates for ‘Biz Loans’ to encourage SME Sector
Commercial Bank of Ceylon has announced a reduction of interest rates relating to its ‘Biz Loans’ with a view to further supporting the small and medium …
“Warak Wati Dewarak Nagi Siti Sinhayan Api” Sri Lanka Cricket launches World Cup theme song
Sri Lanka Cricket, under the auspices of the Ministry of Sports and Hon. Minister Harin Fernando - Minister of Telecommunication, Foreign Employment and …
Modi wins second term
May 24, 2019 (LBO) - Indian Prime Minister Narendra Modi won a landslide victory with his party Bharatiya Janata Party (BJP) securing a larger number of seats …
Gany Subramaniam appointed Chief Executive Officer of Allianz Lanka
Allianz today announces the appointment of Gany Subramaniam as the Chief Executive Officer of Allianz Insurance Lanka Ltd & Allianz Life Insurance Lanka …
Only Conservatives can deliver Brexit – Nirj Deva MEP
May 22, 2019 (LBO) - The people of the United Kingdom will go to the polls on Thursday May 23rd to vote for who will be their representatives in the European …
Fishing For Sustainable Profits in the Northern Province
By Jekhan Aruliah I have so often heard from well meaning cash rich Diaspora that they can’t find sensible investment opportunities in the North. As the Good …
CA Sri Lanka Techno Fair 2019 to unveil digital technologies for businesses
With the onset of the fourth industrial revolution, and with businesses increasingly embracing technology to become more efficient and sustainable, the …
EU issues statement on Sri Lanka’s communal violence
May 17, 2019 (LBO) - The Delegation of the European Union (EU) issuing a joint statement said they were concerned about the recent incidents of communal …
DFCC maintains profitability under volatile market conditions
DFCC’s Total Assets grew by LKR 15,652 million to LKR 390,560 millionDFCC recorded Tier 1 and total capital adequacy ratios of 10.34% and 15.45% …
Samsung customers can binge on free K-POP & other content via My Galaxy App
In exciting news for Samsung Galaxy customers, K-POP content is now available FREE on My Galaxy App on Samsung Galaxy smartphones. Increasing in popularity …
Sampath Bank’s Net Interest Income up by 23-pct in Q1 2019
Sampath Bank reported a net interest income of Rs. 10.2 Bn for Q1 2019 reflecting a noteworthy growth of 23. buy lipitor online …
HNB launches its own digital wallet and payment app, Solo eWallet
Laying the foundation for a comprehensive digital payment ecosystem in Sri Lanka, the country's most innovative bank, Hatton National Bank PLC, announced the …
USD 70mn loan facility from IDA to strengthen services of Local Govt Authorities
The International Development Association (IDA) of the World Bank has provided a loan facility of USD 70 million to strengthen the service provided by 134 …
US-China trade tensions: Fitch says further tariff escalation would hamper global growth
May 13, 2019 (LBO) – The US decision to increase tariffs to 25 percent on an additional 200 billion dollars of imports from China marks a significant …
Justice Minister rejects claims that US diplomat interfered with Sri Lankan Judiciary
May 13, 2019 (LBO) – Sri Lanka’s Justice Minister Thalatha Athukorale yesterday condemned the allegations made by Udaya Gammanpila in Parliament that a …
Macquarie CEO Shemara Wikramanayake’s pay tops $ 18mn
May 12, 2019 (LBO) - Shemara Wikramanayake, CEO of global investment bank Macquarie, earned over $18mn in the last fiscal year. Her total annual renumeration …
Five key policy lessons from the terror attacks in Sri Lanka
By: Ganeshan Wignaraja Over 250 people died in last month’s IS-linked Easter bombings in Sri Lanka, making it one of the worst terror attacks since …
Nirj Deva seeking a 5th term in the European Parliament
May 11, 2019 (LBO) - Niranjan Deva Aditya, more commonly known as the Hon. Nirj Deva, is seeking a fifth term in the European Parliament elections scheduled …
Softlogic Restaurants ranked among Asia’s Best Workplaces in 2019
Softlogic Restaurants Pvt Ltd., part of the Softlogic group of companies, and the Master Franchisee in Sri Lanka for global brands Burger King, Baskin-Robbins …