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Economists urge decisive action to prevent emerging Sri Lankan debt crisis

Economists urge decisive action to prevent emerging Sri Lankan debt crisis

Oct 02, 2020 (LBO ) - A panel of eminent economists urged that the Government take credible and decisive action to prevent a painful debt crisis in Sri Lanka. …

October 2, 2020 | Banking and Finance, Companies, Economy, Economy & Markets, Forex, Industry, Markets, Money, Policy | Read More
Advocata to live stream  session on “How can we improve Sri Lanka’s debt sustainability” today

Advocata to live stream session on “How can we improve Sri Lanka’s debt sustainability” today

Sep 30, 2020 (LBO) - The Advocata Institute has launched its latest public policy discussion series 'DeepDive'. This series commences with several …

September 30, 2020 | Banking and Finance, Companies, Companies, Economy, Economy & Markets, General Services, Industry, Markets, Money, Policy | Read More
Global coronavirus death toll passes 1Mn

Global coronavirus death toll passes 1Mn

Sep 30, 2020 (LBO) - The world passed a grim milestone this week as the World Health Organization announced that one million people have now died from the …

September 30, 2020 | Featured, Other | Read More
President steers revival of Export Development Council

President steers revival of Export Development Council

Sep 25, 2020 (LBO) - After a lapse of 28 years the Export Development Council (EDC) was convened under the patronage of President Gotabaya Rajapaksa and Prime …

September 25, 2020 | Companies, Companies, Economy, Featured, General Services, Industry, Trade | Read More
‘SriLanka @100’ launched to boost economic prosperity  through mid-market firms growth

‘SriLanka @100’ launched to boost economic prosperity through mid-market firms growth

Sep 24, 2020 (LBO) - Sri Lanka@100, a private sector-led initiative was launched in Colombo on Thursday with the emphasis to enable the island to become a …

September 24, 2020 | Companies, Companies, Economy, Economy & Markets, Featured, General Services, Industry | Read More
Altair clarifies Court order to buyers

Altair clarifies Court order to buyers

Sep 10, 2020 (LBO) - Indocean Developers has informed buyers of Altair apartments that a recent Supreme Court decision relating to a management rights dispute …

September 10, 2020 | Companies, Featured, Industry, Real Estate & Construction | Read More
Sri Lanka inflation marginally down in June 2020

Sri Lanka inflation marginally down in June 2020

Jul 02, 2020 (LBO) - The year on year inflation as measured by the Colombo Consumer Price Index (CCPI) is 3.9 percent in June 2020 and inflation calculated …

July 2, 2020 | Banking and Finance, Commodity, Companies, Companies, Economy, Economy & Markets, Featured, Industry, Money, Policy | Read More
ComBank further slashes lending rates

ComBank further slashes lending rates

Jun 26, 2020 (LBO) - The Commercial Bank of Ceylon has announced a further lending rate cut, slashing rates by up to 2 percent on all categories of loans in a …

June 26, 2020 | Banking and Finance, Companies, Featured, General Services, Industry | Read More
Sri Lanka inaugurates new ADB funded  COVID-19 test lab

Sri Lanka inaugurates new ADB funded COVID-19 test lab

Jun 25, 2020 (LBO) - The Asian Development Bank (ADB) has funded the construction and equipment of a new molecular polymerase chain reaction (PCR) laboratory …

June 25, 2020 | Companies, Featured, General Services, Industry, Other, Other News | Read More
SL should aim for V-shaped economic recovery post COVID 19 : Cabraal

SL should aim for V-shaped economic recovery post COVID 19 : Cabraal

Jun 25, 2020 (LBO) - Ajith Nivard Cabraal, advisor to the Prime Minister on Economic Affairs says that Sri Lanka should aim for V-shaped economic recovery and …

June 25, 2020 | Banking and Finance, Companies, Companies, Economy, Economy & Markets, Featured, General Services, Industry, Money, Policy | Read More
Sri Lanka tourism post COVID-19 – way forward

Sri Lanka tourism post COVID-19 – way forward

Jun 24, 2020 (LBO) - Following Sri Lanka’s successful containment of COVID-19, Sri Lanka Tourism has been collaboratively exploring avenues of re-positioning …

June 24, 2020 | Banking and Finance | Read More
President wants media to help preserve national identity and cultural values

President wants media to help preserve national identity and cultural values

Jun 24, 2020 (LBO) - President Gotabaya Rajapaksa highlighted the necessity of right media practice that helps preserving Sri Lankan identity and cultural …

June 24, 2020 | Featured, Other, Other News | Read More
Only the rate cut of CB not enough: Cabraal

Only the rate cut of CB not enough: Cabraal

Jun 19, 2020 (LBO) - Sri Lanka needs to think out of the box and have a different approach to the present local and world economic crisis stemming from COVID …

June 19, 2020 | Banking and Finance | Read More
Nations Trust Bank offers easy access to your  statements

Nations Trust Bank offers easy access to your statements

Jun 10, 2020 (LBO) - Nations Trust Bank achieved another “first” in the industry by introducing “Nations Online Statement Platform”.  Customers of …

June 10, 2020 | Banking and Finance | Read More
Sri Lanka economy on the mend in 2020 : Will look at new IMF deal

Sri Lanka economy on the mend in 2020 : Will look at new IMF deal

Feb 11, 2020 (LBO) - A revival in economic activity can be expected in 2020 with the support of better fiscal and monetary measures with Sri Lanka also looking …

February 11, 2020 | Companies, Economy, Featured, Forex, Markets, Money, Policy | Read More
Coronavirus death toll upto 213 : WHO calls it global virus emergency

Coronavirus death toll upto 213 : WHO calls it global virus emergency

Jan 31, 2020 (LBO) - The World Health Organization said the virus represents a risk outside of China and is calling it a global virus emergency. The death toll …

January 31, 2020 | Featured, Other, Other News, Special Reports, World | Read More
Sri Lanka on Crisis watch list 2020

Sri Lanka on Crisis watch list 2020

Jan 31, 2020 (LBO) - Crisis Group, an independent, non-profit, non-governmental organisation committed to preventing and resolving deadly conflict has …

January 31, 2020 | Featured | Read More
Developing human capital key for SL’s to become upper-middle-income economy

Developing human capital key for SL’s to become upper-middle-income economy

Sep 27, 2019 (LBO) - Sri Lanka needs to invest in people to unlock its productive potential, a senior official said. “People are the most valuable resource …

September 27, 2019 | Economy, Featured, General Services | Read More
Swim Week Colombo to showcase Sri Lanka as an international hub

Swim Week Colombo to showcase Sri Lanka as an international hub

Aug 02, 2019 (LBO) - The fifth edition of OLU Swim Week Colombo will unveil the latest trends in swim and luxury resort wear presented by 9 Sri Lankan …

August 2, 2019 | Apparel, Industry | Read More

Disregarded Failures of African Exploration

The exploration of Africa by the British is a level that has been told clip and again, ofttimes in irksome point. We suffer shelves wide-cut of biographies of …

June 11, 2019 | Banking and Finance | Read More
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