CIO Forum Explores the Future with Robotic Process Automation
The recently concluded CIO Forum held at the Kingsbury saw the country’s top chief innovation officers gather to learn the latest advancements in the field …
LBO LBR Brand Summit 2016 adds LSEG as partner
The LBO LBR Brand Summit 2016, to be held on July 12, has signed London Stock Exchange Group (LSEG) Business Services Limited Sri Lanka as a partner for this …
DIMO to expand Agriculture-related businesses under “DIMO Agri” brand
Diesel and Motor Engineering (DIMO) PLC, one of the leading automobile companies in Sri Lanka, is aiming to expand its presence in the agriculture sector, …
Sri Lanka to collaborate with Guangdong Gems and Jade Exchange
Jul 05, 2016 (LBO) - Sri Lanka Gem and Jewellery Association (SLGJA) together with the National Gem and Jewellery Authority signed a Memorandum of …
The all new Volvo XC90model secures over 120 awards globally
Volvo cars, the world renowned Scandinavian car brand announced that it had won more than 130 international awards during the year 2015 and 2016 for the …
Opinion: Is it time to close the Dehiwela Zoo?
Jul 05, 2016 (LBO) – I long for a Sri Lanka where our animals enjoy the same freedom and protection from fear and harm as people do, and are respected and …
Asian shares slide as investors ponder stimulus outlook
July 5 (Reuters) - Asian shares snapped a five-day winning streak on Tuesday as investors took stock of a rally driven by hopes that central banks will provide …
Asia shares fall, bonds surge as Brexit fears resurface
July 6 (Reuters) - Asian share markets turned tail on Wednesday as fears over instability in the European Union returned with a vengeance, sending the …
Sri Lanka tourist arrivals up 2.2-pct in June 2016
Jul 05, 2016 (LBO) - Sri Lanka's tourist arrivals grew just 2.2 percent to 118,038 in June 2016 from a year earlier, with arrivals from India and China …
Fitch Assigns FirstTime ‘BB+(lka)’ to Sierra Cables PLC Fitch Ratings
Fitch Ratings has assigned Sri Lanka based cable manufacturer Sierra Cables PLC (Sierra) a National LongTerm Rating of 'BB+(lka)'. The Outlook is Stable. …
LBR LBO Summit to focus on brand innovation in the digital age
Jul 04, 2016 (LBO) - Sri Lanka’s leading digital strategists and regional thought leaders will take the stage at the 2016 edition of “LBR LBO Brand …
Sri Lanka’s CCC welcomes new Governor, Urges Stakeholders to Support Restoring Confidence in CBSL
The Ceylon Chamber of Commerce warmly welcomes the appointment of Dr. Indrajit Coomaraswamy as the Governor of the Central Bank of Sri Lanka and extends to him …
Asian stocks recoup losses, Aussie wobbles on uncertain election
July 4 (Reuters) - Asian shares shrugged off early losses and edged higher on Monday, while the Australian dollar was under pressure after no clear winner …
Sri Lanka 1-wk rupee forwards edge down on importer demand
July 1 (Reuters) - Sri Lankan rupee one-week forwards ended slightly weaker on Friday as importer dollar demand surpassed late inward remittances ahead of …
Commercial Bank adds crosscurrency transactions to Online Banking
The Commercial Bank of Ceylon has added a new dimension to its Online Banking platform by enabling foreign currency account holders to carry out fund transfers …
Ceylon Cold Stores PLC Joins CSE to Open Trading for July
Ceylon Cold Stores (CCS) rang the opening bell to commence trading at the Colombo Stock Exchange (CSE) today. The market opening ceremony was organized to mark …
Eurocars launch new Porsche 718 Boxster models in Colombo
Eurocars the sole agent of Porsche in Sri Lanka welcomes new and exclusive mid-engine Porsche models; the 718 Boxster and 718 Boxster S. The two-seat …
Asia stocks rise as risk appetite recovers, pound under fresh pressure
July 1 (Reuters) - Asian stocks rose on Friday as risk appetite continued to recover from last week's Brexit shock, but the pound came under renewed …
CICT launches country’s first mobile app to track movement of containers
A new level of convenience and sophistication has been introduced to keeping track of containerised cargo by Colombo International Container Terminals (CICT) …
Sri Lankan rupee 1-wk forwards rise on bank dollar sales; stocks up
June 30 (Reuters) - Sri Lankan rupee one-week forwards rose on Thursday as a state-run bank sold dollars after the central bank intervened to lift the rupee, …