All Blogs
Largest participation of emerging designers at HSBC Colombo Fashion Week 2020
Mar 11, 2020 (LBO) – This season, CFW sees the highest participation of high potential Emerging Designers, a testimony to the development of the next generation of designers will be showcased on 19th March. The showcase will be held at the spectacular 35th floor of One Galle Face Tower, overlooking the magnificent cityscape of Colombo. […]
Mobitel demonstrates 5G at One Galle Face Mall
Mar 11, 2020 (LBO) – Mobitel, a connectivity provider demonstrated the latest 5G connectivity at One Galle Face Mall recently. This event, a milestone in the history of broadband in the region, was graced by Oshada Senanayake, Director General of the Telecommunications Regulatory Commission of Sri Lanka (TRCSL), Rohan Fernando, Chairman of SLT and Mobitel […]
Fitch Ratings to review Sri Lanka national ratings assigned to tier 2 debt
Mar 11, 2020 (LBO) – Fitch Ratings will review the National Ratings assigned to the issues of Tier 2 debt of Sri Lankan banks and non-bank financial institutions (NBFIs) following the publication of its updated Bank Rating Criteria on 28 February 2020. Fitch’s ratings approach for the ratings of subordinated debt of NBFIs follows the […]
ICTA to use design thinking to increase usage of the LGN 2.0 within public sector
Mar 11, 2020 9LBO) – Citra Social Innovation Lab, facilitated a design thinking workshop on recommendations to increase usage of the Lanka Government Network 2.0 (LGN 2.0) within the public sector. The LGN 2.0, provided by the Information and Communication Technology Agency (ICTA), is a secure, private network that aims to connect all government organizations […]
UNDP partners Facebook to support youth innovation and entrepreneurship
Today’s generation of adolescents and youth stands at 1.8 billion people – the largest our world has ever seen. Most of these young people live in developing countries. The energy, enthusiasm, and innovation of this large youth generation can bring a huge demographic dividend to countries and to our world. In this context, Facebook recently […]
ICRA Lanka assigns [SL]A-rating for Prime Lands and Prime Residencies
Mar 11, 2020 (LBO) – Rating action ICRA Lanka Limited, Subsidiary of ICRA Limited, Group Company of Moody’s Investors Service has assigned the Issuer rating of [SL]A- (pronounced SL A minus1) with Stable outlook for Prime Lands Residencies (Pvt) Limited (“PRIMER”/ “the Company”). ICRA Lanka has taken a consolidated view of the Prime Group, in […]
Opinion: Is life insurance an absolute necessity?
By Indu Attygala The global life insurance industry is estimated to have grown by around 3% in the past years. Much of this growth has been led by the robust performance of investment products in emerging markets, especially in Asia. In comparison, the Sri Lankan Life insurance industry was the most attractive industry by the […]
Opinion: The cost of being a Sri Lankan woman
By Nishtha Chadha This year’s International Women’s Day theme is #EachforEqual – a concept grounded in the idea of ‘Collective Individualism’. Collective Individualism is the idea that each of us is part of one whole. Our individual actions, conversations, behaviours and mindsets go beyond the confines of our individual lives, and can have a significant […]
Sri Lanka stocks close down
Mar 11, 2020 (LBO) – Following global markets, the Colombo Bourse took an expected beating Tuesday with both indices tumbling heavily during the initial ten minutes of trading. With the S&P SL20 index succumbing to a 5% drop at the initial hour, a trading halt was imposed for half an hour. Although, the initial panic […]