Jeevan Thiagarajah appointed Northern Province Governor

Former member of the Election Commission, Jeevan Thiagarajah has been appointed as the Governor of the Northern Province, the President’s Media Division said. Thiagarajah took his oaths as the Governor of Northern Province before President Gotabaya Rajapaksa at the Presidential Secretariat today (11).

Video Interview: Women in leadership – Sonali Dharmawardene

Continuing with our women in leadership interview series, this month LBO is featuring Sonali Dharmawardene, a very sucessful fashion designer and entrepreuner in Sri Lanka who has pushed boundaries and found balance to rise to the top of her industry. Sonali has taken one of the oldest Sri Lankan Artisan Crafts and put her own […]

Baurs share short term solutions for Sri Lanka’s organic agriculture conversion

A. Baur & Co. (Pvt.) Ltd., widely known as Baurs, a diversified business group and one of the pioneering innovators in agriculture in Sri Lanka, recently shared preliminary key insights and solutions for the country’s farming industry to successfully master the conversion from conventional to organic, backed by scientific evidence and sound knowledge drawing from […]

‘s reserves down to USD 2.6bn in September; YTD rupee depreciation 8.2-pct

Sri Lanka’s official reserves were 2.6 billion US dollars (USD 2,581.3mn) by the end of September, down from 3.5 billion US dollars in August, the latest Central Bank data showed. By the end of September, the foreign currency reserves were 2,006.4 million dollars while the reserve position in the IMF was 67.4 million dollars. Special […]

UNDP introduces Colombo development dialogues on green development

Rapid socio-economic, technological, environmental, and other changes around the world have posed unprecedented challenges to us all. These challenges are especially pertinent against the backdrop of climate change, increased urbanization and widening inequalities, coupled with the ramifications of the COVID-19 outbreak. However, this has also amplified the need for countries to re-align their economic recovery […]

Legal validity of digital signatures highlighted

Digital Signatures have been in use in Sri Lanka since 2009, however, due to the outbreak of the pandemic and travel restrictions, signing documents physically has found to be challenging. Hence, the requirement for digital signatures among many segments of the community has soared in the recent past. In view of raising awareness about Digital […]

Interview: Futureproofing banking sector through digital-first mindset

There is a good reason why digitalisation is a top priority for banking. When done correctly, it enables paradigm shifting improvements in customer experience and accessibility. For the average customer, it means, they are able to utilize the full range of our products and services seamlessly, through the platform of their choice. While prior to […]

Sri Lanka gets USD 110Mn for health systems enhancement project from ADB

The Government of Sri Lanka decided to borrow a loan amounting to USD 110 million from ADB and a grant of USD 03 million, provided by ADB-managed Japanese Fund for Poverty Reduction (JFPR), to implement the “Additional Financing of Health Systems Enhancement Project”. In early 2020, with the outbreak of COVID-19 pandemic, USD 15 million […]

First Capital’s ‘Performance First’ culture now certified by great place to work

The ‘Performance First’ work ethic embraced by First Capital Holdings PLC, a Janashakthi Group Company, received industry validation recently as it was certified as a great workplace by the independent analysts at Great Place to Work® in Sri Lanka. First Capital employees engaged in a multi-faceted anonymous survey conducted by Great Place to Work® on […]

ADB to promote SME sector in Sri Lanka

Asian Development Bank (ADB) Director General for South Asia Department Kenichi Yokoyama has assured President Gotabaya Rajapaksa that the ADB will support the promotion of Small and Medium Scale Enterprises (SMEs). The Asian Development Bank (ADB) provided a US 750 million concessional loan last year for projects in Sri Lanka. Yokoyama said that the ADB […]

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