Challenging operating environment to weigh on Sri Lankan Banks
Sluggish economic activity, external and domestic vulnerabilities, muted private credit growth and the sovereign's weakened credit profile are significant …
Union Assurance disrupts the future of life insurance with clicklife
Union Assurance PLC, a John Keells Company announces the launch of Clicklife, a turnkey product that offers protection plans in a secure, streamlined, and …
Sri Lanka to partner with Thailand in diversified areas for economic cooperation
Ambassador of Thailand in Sri Lanka Chulamanee Chartsuwan paid a courtesy call on Foreign Secretary Admiral Prof. Jayanath Colombage recently and discussed …
SL Foreign Min discusses Government concerns with Colombo based envoys
Foreign Minister Dinesh Gunawardena met with the British High Commissioner Sarah Hulton and Canadian High Commissioner David McKinnon, this week to discuss …
UNDP engages pvt sector to ensure human rights at centre of recovery efforts
The instability and fear that the COVID-19 pandemic brings about is exacerbating human rights concerns around the world. While businesses face an unprecedented …
Opinion: Let your kids grow up
Vinuja Singharachchige “There is definitely an epidemic of overprotective parenting”- Jordan Peterson I find our country to suffer from excessive risk …
Taxes on essential products: Bringing debate back to where it matters
By Advocata Sri Lanka’s exorbitant taxes on sanitary napkins had the media spotlight over the last few weeks - this is not a new issue. In 2018 the total …
Multiple wins for Union Assurance at Sri Lanka leadership awards 2020
Union Assurance clinched multiple awards including Best Brand and Sustainable Marketing Excellence at the Sri Lanka Leadership Awards, as well as Best Employer …
ABCs of investing in Sri Lankan real estate
By Lanka Property Web Imagine overlooking the crashing beach waves and feeling the cool ocean breeze stroking your cheeks as you sip on a cup of tea from the …
Renuka Holding PLC to raise Rs.1Bn via rights issue on CSE digital platform
Dec 08, 2020 (LBO) - Renuka Holding PLC (RHL) has announced plans to raise Rs. 1.031 billion via a Rights Issue closing on the 16th of December to carry out …
UNDP: COVID-19 could push number of people living in extreme poverty to over 1Bn by 2030
Severe long-term effects of the COVID-19 pandemic could push an additional 207 million people into extreme poverty on top of the current pandemic trajectory, …
World Bank says SL’s high-level of informal employment a concern
Dec 07, 2020 (LBO) - Around 70 percent of Sri Lanka's workforce are informally employed and there are generally three reasons to be concerned about high …
Foreign Minister discusses SL’s bilateral cooperation with Cuban ambassador
The Ambassador of the Republic of Cuba in Sri Lanka, Juana Elena Ramos Rodriguez met Foreign Minister Dinesh Gunawardena recently at the Ministry. The meeting …
SL Central Bank Governor W D Lakshman speaks at Economic Summit 2020
Dec 02, 2020 (LBO) - Governor of Sri Lanka's Central Bank W D Lakshman says Sri Lanka pushing up investor confidence with strong political stability, leading …
Uber Eats marks second anniversary in Sri Lanka, completes 10 million orders
Uber Eats is marking its second year anniversary in Sri Lanka after successfully delivering 10 million orders to hungry eaters. The platform more than doubled …
President makes new appointments to Judiciary including 6 supreme court judges
President Gotabaya Rajapaksa yesterday made several key Judiciary appointments with twenty one new judges to superior courts sworn in, yesterday. Judges …
Standard Chartered supports SL’s economic recovery via financing facilities for PPE manufacturers
Dec 02, 2020 (LBO) - Standard Chartered Sri Lanka announced today the facilitation of financing for Industrial Clothing Limited (Midas Safety Sri Lanka) as …
ADB and Sri Lanka sign USD400Mn loan agreement to uplift secondary education
Dec 01, 2020 (LBO) - The Asian Development Bank (ADB) and the Government of Sri Lanka today signed a US 400 million dollars loan agreement to support the …
Private sector an equal partner in economic revival: Dr. Hans Wijayasuriya
Dec 02, 2020 (LBO) - Chairman of the Ceylon Chamber of Commerce has called on the private sector to be an equal partner in securing an accelerated economic …
Phase 5 of Jaya container terminal of SLPA commences
Dec 01, 2020 (LBO) - The construction of the phase 5 of the Jaya Container Terminal (JCT) of Sri Lanka Ports Authority (SLPA) commenced today. The event was …