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Korean Depository to collaborate with Lankan counterpart CDS
Central Depository Systems (Pvt) Ltd (CDS), a fully owned subsidiary of the Colombo Stock Exchange (CSE), signed a MoU with Korea Securities Depository (KSD) on the sidelines of the 22nd Annual General Meeting of the Asia‐Pacific Central Securities Depository Group (ACG) hosted in Colombo. The MoU aims to strengthen the relationship between the depositories and […]
Sri Lankan companies that provide childcare support show business benefits: Report
Dec 13, 2018 (LBO) – Businesses in Sri Lanka that offer childcare support to their employees can gain a significant positive impact on recruitment, retention and productivity of workers, especially women, according to a new report released by the International Finance Corporation (IFC), a member of the World Bank Group, in collaboration with the United […]
Supreme Court decision on Parliament dissolution at 4.00pm
Dec 13, 2018 (LBO) – Sri Lanka’s Supreme Court will deliver its decision on the dissolution of parliament by President Maithripala Sirisena at 4.00 pm Thursday. A three-judge bench headed by the Chief Justice, Nalin Perera granted interim relief by issuing a stay order on the dissolution of parliament ordered by President Maithripala Sirisena on […]
Sri Lanka pledges USD 15,000 to UNHCR in response to 2019 Global Appeal
Dec 13, 2018 (LBO) – Sri Lanka has pledged a contribution of 15,000 US dollars to the UNHCR’s 2019 programmes in earnest expectation that the UN Refugee Agency would be ‘empowered’ to deliver more strengthened assistance and protection as part of its mandate.At the 2019 Global Appeal of the United Nations High Commissioner for Refugees (UNHCR) […]
Is Sri Lanka’s health system ready to respond to the population shift?
Dec 12, 2018 (LBO) – Today marks International Universal Health Coverage (UHC) Day. To achieve the vision of Universal Health Coverage by 2030, all Sri Lankans should have access to the health care that they need without being pushed into poverty or giving up other life necessities. Sri Lanka must adopt a lifecycle approach to healthcare […]
How tourism growth affect real estate sector in Sri Lanka
By Lamudi Real estate and tourism are two different industries that correlate and influence on one another. Especially, by the end of the 30 year-long civil war, the country was able to resolve all its security issues, establishing confidence in entering different parts of the country for locals as well as tourists around the globe. […]
Expert Committee hands over report on Singapore-Sri Lanka FTA to President
Dec 11, 2018 (LBO) – The report compiled by a Presidential Commission on the Sri Lanka – Singapore Free Trade Agreement (FTA), was handed over to President Maithripala Sirisena Monday.In a tweet, President Sirisena said that the report highlights how the agreement had been rushed without the proper consent of stakeholder institutions.The presidential committee was chaired […]
Srilankan airlines shows slight dip in carbon efficiency rankings for 2018
Dec 12, 2018 (LBO) – SriLankan Airlines carbon Efficiency points (EPs) points were down to 55.6 points in 2018 from 56 points in 2017, the atmosfair Airline Index which compares and ranks the carbon efficiency of the 200 largest airlines of the world showed. This tool enables passengers to compare airlines offering flights to particular destinations […]
Norway partners with UNDP Sri Lanka to support peace & justice
Dec 10, 2018 (LBO) – Norwegian government has entered into a partnership agreement with the UNDP Sri Lanka to extend support to UNDP Sri Lanka’s flagship portfolio on SDG (Sustainable Development Goals) 16: Peace, Justice and Strong Institutions project for the period December 2018 to December 2020. The Ambassador of Norway to Sri Lanka Thorbjørn […]
MV ONE Columba makes maiden call at Colombo Port
Ocean Network Express (ONE)’s newest vessel MV ONE Columba called the Port of Colombo on her maiden voyage on the 7th of December 2018. The arrival of the vessel marked the first ever ONE branded vessel to call the port of Colombo. With its magenta colored hull and loaded fully with ONE’s magenta colored containers, […]