Sri Lanka imports down 11-pct, tourism earnings down 7.5-pct in April; trade gap narrows
Jun 18, 2019 (LBO) – Sri Lanka’s trade deficit further narrowed to 797 million US dollars from 999 million dollars in April 2018, the Central Bank data …
Samsung Electronics remains top brand in Asia for eighth consecutive year
Samsung Electronics has been named the best brand in Asia in 2019 for the eighth year in a row, according to results from ‘Asia’s Top 1000 Brands’ annual …
Rebuild Business Confidence in Sri Lanka, a networking evening organized by CCC
The Power of Interaction Series is a networking evening organized by The Ceylon Chamber of Commerce with the intention of providing its membership an …
Ritz-Carlton Residence and Hotel Tower reaches 30th floor
Jun 17, 2019 (LBO) – Keeping its promise to its client’s and stakeholders, developers of The Ritz-Carlton Hotel and Residence, Colombo, The One …
Salary anomalies of five hundred thousand pensioners to be removed from next month
Jun 17, 2019 (LBO) – The proposal made by Finance Minister Mangala Samaraweera in his budget 2019 to remove the pensioners’ salary anomalies will be …
Govt provides sovereign guarantee to RDB Bank to obtain USD 50mn loan from ADB
Jun 15, 2019 (LBO) – Government has facilitated the Pradeshiya Sanwardana Bank, by providing a sovereign guarantee, to obtain a loan amounting to 50 million …
Sri Lanka BoI sign USD1.6Mn Yala hotel deal with Spanish firm
Jun 14, 2019 (LBO) – The Board of Investment of Sri Lanka signed an Agreement with Putus Brother’s Sustainable Developments (Private) Limited to build, …
Data on violence against women crucial to understanding magnitude of issue: Report
Jun 14, 2019 (LBO) – One in three female homicides in Sri Lanka are related to intimate partner violence and 69 percent of such incidences go unreported, …
Ambassadors from 17 Muslim countries hold special meeting in Parliament
Jun 13, 2019 (LBO) – Ambassadors from seventeen Muslim countries held a special meeting in Parliament on Tuesday, the Speaker’s Media Division announced. …
First Capital upgrades exchange rate outlook for 2019E to LKR 180 from 194
Jun 13, 2019 (LBO) – Sri Lanka’s First Capital Research has upgraded their exchange rate outlook for 2019E to 1 USD: LKR 180 from 194 as their 65 …
eChannelling introduces Artificial Intelligence based Chabot
Jun 13, 2019 (LBO) – eChannelling, the largest Doctor Channeling Network in Sri Lanka, has launched a Chatbot for the first time in Sri Lanka’s healthcare …
We are concerned by political & religious pressure being directed at Muslim community: EU Deleg
Jun 12, 2019 (LBO) – The Delegation of the European Union issuing a statement says that they are deeply concerned by political and religious pressure being …
Sri Lanka to give effect to UN Security Council resolutions to counter terrorism & extremism
Tangible measures to collaborate with UN mechanisms in keeping with international norms and practices took center stage at discussions during the recent visit …
CA Sri Lanka members can now obtain AICPA international associate membership
Jun 12, 2019 (LBO) – The Institute of Chartered Accountants of Sri Lanka continued to make inroads across the global accounting arena, as it signed yet …
Thai Tourism Chief to sign MoU promoting bilateral tourism during Sri Lanka visit
Jun 12, 2019 (LBO) – Governor of the Tourism Authority of Thailand accompanied by a group of outbound travel agents and journalists is to visit Sri Lanka …
Xuebing Sun assumes duties as new FAO Representative for Sri Lanka
Xuebing Sun presented his credentials to Mr. Tilak Marapana, Minister of Foreign Affairs of the Democratic Socialist Republic of Sri Lanka, as the new …
Sri Lanka launches National Digital Roadmap
Jun 12, 2019 (LBO) – Sri Lanka Telecom yesterday marked a special milestone in the country’s digital journey towards SMART Sri Lanka with the launch of …
Ceylon Chamber organizes awareness session on exporting to US under GSP
The Ceylon Chamber will be organizing an awareness session on “Exporting to the United States under the Generalized System of Preferences: New Trends and …
Secretary Pompeo to discuss Sri Lanka’s opportunities for a free & open Indo-Pacific region
Jun 12, 2019 (LBO) – Secretary Pompeo’s Sri Lanka visit will be focused on to discuss promising opportunities for Sri Lanka based on shared commitments …
Japanese investor reiterates confidence in Sri Lanka
Jun 12, 2019 (LBO) – President of Tosslec Co. Ltd, Kyoto, Japan Jitsuo Mikasa, a Japanese investor has reaffirmed that his company would continue to …