Standard Chartered releases first sustainable finance impact report
Standard Chartered Bank recently published its first annual Sustainable Finance Impact Report highlighting the Bank’s unique contribution to tackling climate …
Criminalising same-sex sexual relations: Implications beyond the law
Shihara Maduwage, EQUAL GROUND Sri Lanka has the misfortune of being one of the 72 countries in the world that criminalise private, consensual, same-sex sexual …
Sri Lankan property market still stable amidst 2nd COVID-19 wave
Lanka Property Web With the initial Minuwangoda COVID-19 cluster growing in different parts of the country, and ad hoc curfews being put in place, on the 2nd …
PA urges wage reform to ensure a sustainable future for every plantation worker
The Planters’ Association of Ceylon (PA) announced that it would be championing radically progressive wage reforms towards securing a sustainable outcome for …
Sri Lanka makes retirement age for men and women 60
Nov 17, 2020 (LBO) - Finance Minister and Prime Minister Mahinda Rajapaska in his budget speech proposed to amend the Employees’ Provident Fund Act to expand …
Sri Lanka targets 4-pct budget deficit of GDP by 2025
Nov 17, 2020 (LBO) - Sri Lanka plans to bring down it budget deficit to 4 percent by 2025 from the current 9 percent, Prime Minister and Finance Minister said …
Is now a good time to invest in real estate?
Nayana Mawilmada, Sector Head, John Keells Properties Real estate in central Colombo has been inaccessible to a majority of Sri Lankans for quite some time. …
ITC conducts webinar on GSP+ to discuss better-utilising concessions for local businesses
The International Trade Centre (ITC) in collaboration with the Department of Commerce (DoC) of Sri Lanka organized a webinar on ‘GSP+ for Enhanced Market …
Opinion: Adaptation of EdTech in new “Normal & Beyond
By Chaminda V. Silva and Gamika Seneviratne With Covid-19 continuing to impact our everyday life, the schooling system across the country is gearing up for an …
Comm Bank Group’s operating income up 11.84-pct to Rs.55.8Bn
Gains from governmentsecurities, foreign exchange (FX)swap trading and FXtrading activities have enabled the Commercial Bank of Ceylon Group to mitigate to …
Teejay reports net profit of Rs.631Mn in Q2
Teejay Lanka PLC has adapted to the “new normal” to post an improved performance in the three months ending 30th September 2020. Sri Lanka’s only …
Opinion: The new normal customer, Digital outlook
Chathura Jayawardena, Director of Abans Information Systems Dealing with the unexpected as expected would become the new norm business skill which …
Revival of East container terminal, essential to turning SL into freight and logistics hub
By Advocata As reported in numerous media sources, a leading Indian consortium is the front runner to develop the stalled East Container Terminal (ECT) in the …
Sampath Bank reports resilient financial performance in nine month ended Sept 2020
Sampath Bank recorded a profit before tax (PBT) of Rs 6.99 Bn and a profit after tax (PAT) of Rs5.09 Bn for the nine months ended 30th September 2020. This is …
Port City assures measures in place to prevent spread of COVID -19
This is to inform the public that on 11th November 2020, two local workers and four Chinese employed at another CHEC projectin Kotahena, Colombo 13 who were …
President scans peripheral health issues connected with COVID- 19 spread
President GotabayaRajapaksa emphasized that special attention should be paid to protect those who are suffering from non-communicable diseases from COVID – …
Sri Lanka’s INIVOS and UK’s Muzulu in partnership to offer full-scope Enterprise solutions
INIVOS Consulting, the fully fledged Sri Lankan Enterprise Resource Planning (ERP) solutions provider announced its partnership with Muzulu, the UK based …
Opinion: Vital facts you need to know before applying for housing loan
By Lanka Property Web The rising population growth across the world has increased the need for housing day by day. People are either on the lookout for houses …
Upgrading higher value-add by leveraging local resources, a key focus at SL Eco Summit 2020
The Sri Lanka Economic Virtual Summit (SLES)will have a session focusing on unlocking competitiveness for domestic industries by leveragingon technology, …
EUR 280Mn financing by European bilateral development finance institutions and EIB
As part of Team Europe’s response to the Covid-19 pandemic, eleven members of EDFI, the Association of European Development Finance Institutions[1], are …