Epidemiology Unit advises public to adhere to standard health measures
Jan 27, 2020 (LBO) – Sri Lanka’s Epidemiology Unit advises the public to adhere to standard health measures needed for the prevention and control of …
Status of Sri Lankans residing in Wuhan, China
Sri Lanka Embassy in Beijing today, submitted an application to land a Sri Lankan Airlines aircraft in Wuhan city airport to airlift 32 Sri Lankan students …
SriLankan Airlines facilitates return of Sri Lankan students in China
Jan 26, 2020 (LBO) – Acting swiftly on the instructions of the President in the light of the Coronavirus pandemic, SriLankan Airlines has taken steps to …
VIDEO: Global Economic Outlook | WEF DAVOS 2020
What fiscal and monetary measures are necessary to mitigate an economic downturn in 2020? On the Forum Agenda: Reassessing geopolitical risks Impact of climate …
UN-backed Sri Lanka industry diagnostic initiative rolled-out in Colombo
A high level team from United Nations Industrial Development Organization (UNIDO), Vienna joined by no less than the UN Resident Coordinator Sri Lanka launched …
Star Garment Group becomes Sri Lanka’s largest carbon neutral entity
Star Garment Group, a leading global manufacturing company, announced that it has been certified as CarbonNeutral® by The Sustainable Future Group (SFG), Sri …
Pakistan Naval Chief to visit Sri Lanka
Jan 24, 2020 (LBO) – Pakistan’s Chief of Naval Staff, Admiral Zafar Mahmood Abbasi NI (M) is scheduled to visit Sri Lanka on the invitation of SL Navy …
Fitch affirms Sri Lanka Telecom at ‘AA+(lka)’; Outlook negative
Jan 24, 2020 (LBO) – Fitch Ratings has affirmed Sir Lanka Telecom PLC’s (SLT) National Long-Term Rating at ‘AA+(Ika)’. The outlook is …
SriLankan Airlines takes action with regard to Coronavirus outbreak
Jan 24, 2020 (LBO) – SriLankan Airlines has implemented a series of precautionary measures to mitigate the risks from the current coronavirus epidemic in the …
Forensic audit finds Rs20bn loss to Sri Lanka from bond sales from 2005 to 2016
Jan 24, 2020 (LBO) – Sri Lanka may have lost 20 billion rupees from direct placements as well as from auctions of bonds, between 2005 and March 2016, a …
First Capital Treasuries announces Rs750mn debenture issue
Jan 23, 2020 (LBO) – First Capital Treasuries, the Primary Dealer arm and a subsidiary of First Capital Holdings has announced that it intends to issue …
VIDEO: Is capitalism dying?
Capitalism has been embraced in the West for generations, transforming how societies worked and lived in the process. However its time may be running out, as …
Viraj Dayaratne assumes duties as SEC Chairman
Dayaratne PC, had his education at the S. Thomas’ Preparatory School, Kollupitiya and at S. Thomas’ College, Mount Lavinia. He entered the Sri Lanka Law …
Sri Lanka SMEs call for deadline extension
Jan 22, 2020 (LBO) – Sri Lanka’s Confederation of Micro, Small and Medium Industries (COSMI) said that the landmark loan moratorium for SMEs offered by the …
Fitch revises outlook on 5 banks to negative; downgrades PLC; affirms HNB
Jan 22, 2020 (LBO) – Fitch Ratings has revised the Outlook to Negative from Stable on the Long-Term Issuer Default Ratings (IDR) and National Long-Term …
VIDEO: What is Cloud Computing
Cloud computing is the on-demand delivery of IT resources such as compute, databases, and storage via the Internet with pay-as-you-go pricing. Instead of …
Sri Lanka democracy index slightly improved in 2019
Jan 22, 2020 (LBO) – Sri Lanka’s democracy as measured by the Economist Intelligence Unit’s Democracy Index has been slightly improved to 6.27 (overall …
Tax changes included in proposed Inland Revenue Amendment Bill
Jan 22, 2020 (LBO) – Sri Lanka’s Finance Ministry announced the list of tax changes introduced in the proposed Inland Revenue Amendment Bill which is to be …
Viraj Dayaratne appointed as Chairman of SEC
Jan 22, 2020 (LBO) – Additional Solicitor General Viraj Dayaratne PC has been appointed as the Chairman of the Securities and Exchange Commission of Sri …
Sri Lanka’s inflation increased to 6.2-pct in December
Jan 22, 2020 (LBO) – Sri Lanka’s headline inflation as measured by the year-on-year change in the National Consumer Price Index increased to 6.2 …