UNDP partners Facebook to support youth innovation and entrepreneurship
Today’s generation of adolescents and youth stands at 1.8 billion people – the largest our world has ever seen. Most of these young people live in …
ICRA Lanka assigns [SL]A-rating for Prime Lands and Prime Residencies
Mar 11, 2020 (LBO) - Rating action ICRA Lanka Limited, Subsidiary of ICRA Limited, Group Company of Moody’s Investors Service has assigned the Issuer rating …
Opinion: Is life insurance an absolute necessity?
By Indu Attygala The global life insurance industry is estimated to have grown by around 3% in the past years. Much of this growth has been led by the robust …
Sri Lanka stocks close down
Mar 11, 2020 (LBO) - Following global markets, the Colombo Bourse took an expected beating Tuesday with both indices tumbling heavily during the initial ten …
CSE trading halted temporarily: Trading to re-commence by 10.12 am
Mar 10, 2020 (LBO) - Trading at Sri Lanka's Colombo Stock Exchange (CSE) has been halted temporarily following the S and P index dropping below 5 percent, …
WHO officially declared COVID-19 a pandemic
Mar 10, 2020 (LBO) - The World Health Organization officially declared COVID-19 a pandemic. As cases of the coronavirus surge in Italy, Iran, South Korea, the …
SriLankan Airlines suspends flights to Kuwait : Qatar suspends travel to and from island
Mar 10, 2020 (LBO) - SriLankan Airlines has suspended its services between Sri Lanka and Kuwait from 6 March to 12 March. The move is following a decision by …
Women in the workforce and why it matters for Sri Lanka: World Bank
To mark this year’s International Women’s day, we're discussing how Sri Lanka can benefit from more women joining the workforce and what can be done to …
AXIATA digital labs embarks on successful journey as digital service provider
Mar 10, 2020 (LBO) - AXIATA Digital Labs (ADL), a subsidiary of the AXIATA Group, Berhad, Malaysia has emerged as a ground breaking digital start-up providing …
COVID-19 Outbreak to have significant economic impact on developing Asia: ADB
Mar 10, 2020 (LBO) - The ongoing novel coronavirus (COVID-19) outbreak will have a significant impact on developing Asian economies through numerous channels, …
Emirates introduces generous waiver policy
Mar 10, 2020 (LBO) - Emirates is providing customers more flexibility, choice and value through its newly introduced waiver policy for all booked tickets …
Fitch rates Ceylon Electricity Board’s proposed debentures ‘AA+(lka)’
Fitch Ratings has assigned Ceylon Electricity Board's (CEB: AA+(lka)/Negative) proposed senior unsecured debenture issue of up to LKR20 billion a National …
Emirates pays tribute to women with 120 female-directed films on board
Ten years after Kathryn Bigelow became the first woman to win an Oscar for Best Director for the movie Hurt Locker, Emirates, one of the world’s biggest …
Huawei signs MOU with Sri Lanka’s Moratuwa University to enhance ICT knowledge transformation
Mar 06, 2020 (LBO) - Huawei Sri Lanka and University of Moratuwa (UOM) entered into a Memorandum of Understanding (MoU) to enable the educated and talented …
COVID-19 outbreak likely to affect Sri Lanka’s economic performance : Central Bank
Mar 05, 2020 (LBO) - The exact impact on the Sri Lankan Economy would depend on the extent of the global spread of the COVID-19 outbreak, its persistence and …
Policy interest rates of Central Bank of Sri Lanka to remain unchanged
Mar 05, 2020 (LBO) - The Monetary Board of the Central Bank of Sri Lanka, at its meeting held on 04 March 2020, decided to maintain the Standing Deposit …
Secretary General of BIMSTEC calls on Minister of Foreign Relations
Mar 05, 2020 (LBO) - Ambassador Shahidul Islam Secretary General of Bay of Bengal Initiative for Multi Sectoral Technical Cooperation (BIMSTEC) commended on …
HSBC CFW introduces impact-based responsible program for the Sri Lankan fashion industry
Mar 04, 2020 (LBO) - The “Responsibility in Fashion” program by HSBC Colombo Fashion Week introduces three responsibility and circularity-based …
World Bank announces up to USD12Bn immediate support for COVID-19
Mar 04, 2020 (LBO) - As COVID-19 reaches more than 60 countries, the World Bank Group is making available an initial package of up to $12 billion in immediate …