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‘s construction projects expected to pickup and stick to timelines:ICRA
Jun 3, 2020 (LBO) – Sri Lanka’s construction sector is expected to demonstrate resilience compared to other economic sectors, a new report said. The construction projects are expected to gradually pickup pace and broadly stay within the original timelines, ICRA Lanka said. “Current domestic raw material production level and inventories are expected to sustain ongoing […]
National tea sales average up in May 2020
Jun 03, 2020 (LBO) – National average for the month of May 2020 totalled Rs. 697.57, the highest ever recorded for a calendar month surpassing the previous best of Rs. 689.18 recorded in April 2020, a new report says. In comparison to May 2019 average of Rs. 539.55, shows a significant increase of Rs. 158.02 YOY, Forbes and […]
Ookla declares Mobitel as the Fastest Mobile Network in Sri Lanka for 2019
Jun 03, 2020 (LBO) – Ookla, the global leader in internet testing and analysis, has declared Mobitel as the Winner of the Speedtest Award™ for 2019, successfully winning the award for all four quarters consecutively as the Fastest Mobile Network in Sri Lanka. Speedtest Awards are licensed to Internet Service Providers and mobile carriers around […]
Discussion on Colombo Port City: Potential growth impact for Sri Lanka
The Lakshman Kadirgamar Institute of International Relations and Strategic Studies (LKI), is set to discuss the topic of “Port City Special Economic Zone – A Catalyst for Modern Services in Sri Lanka” on Thursday, 04 June 2020, during a webinar titled “Colombo Port City: Potential growth impact for Sri Lanka” hosted by PwC Sri Lanka. […]
SEC approves rules for digitalization of Colombo Stock Market
Jun 02, 2020 (LBO) – The Securities and Exchange Commission of Sri Lanka (SEC) has approved amendments to the Stockbroker Rules, Central Depository Systems (CDS) Rules and Listing Rules submitted by the Colombo Stock Exchange (CSE), which will enable the stock market to transition from a paper-based to an electronic-based environment. Under the amended rules, […]
ComBank awarded its 20th ‘Best Bank in Sri Lanka’ title by Global Finance
The Commercial Bank of Ceylon has been declared Sri Lanka’s Best Bank in 2020 by the US-based Global Finance magazine, an accolade the Bank wins for the 20th time in the 27 years that Global Finance has presented awards to the world’s best banks. Global Finance’s just-released list of the 28 Best Banks in Asia […]
MillenniumIT ESP launches HealthVision – a Remote Patient Management System
MillenniumIT ESP – one of Sri Lanka’s leading Systems Integrator and Information Systems providers – recently launched HealthVision – a web enabled, mobile responsive remote patient monitoring platform for medical personnel and care givers. This latest solution enables them to connect with their patients from a remote location, record their details regarding health and safety […]
VIDEO: When is a pandemic over?
Explore the three strategies governments and communities can use to contain and end a pandemic, and find out which method is best. Consider the following scenario: a highly infectious, sometimes deadly respiratory virus infects humans for the first time.It spreads rapidly worldwide, and the WHO declares a pandemic.The death toll starts to rise and everyone […]
Criminal operations by underworld drug mafia from prisons must end: President
Jun 02, 2020 (LBO) – President Gotabaya Rajapaksa has emphasized that crimes operated by underworld kingpins and drug mafia from prisons must be put to an end without delay. Specific information relating to criminal activities and drug peddling operated from prisons have been received. The general public is appalled by this situation, President said. “This […]
Sri Lanka export earning drop 42.3-pct in Mar 2020
Jun 02, 2020 (LBO) – The deficit in the trade account narrowed in March 2020 to US dollars 549 million, from US dollars 592 million in March 2019, as the decline in imports in value terms exceeded the decline in exports, the Central Bank said. However, on a cumulative basis, the trade deficit widened to […]