Author: LBO
Sri Lanka Retailers’ Association Unveils Strategic Roadmap for the Future at 9th AGM
The Sri Lanka Retailers’ Association (SLRA) successfully held its 9th Annual General Meeting (AGM) on 23 June 2026 at Hilton Colombo Residencies, bringing together members of the country’s organized retail sector to review the Association’s achievements over the past year and outline its strategic priorities for the future. The AGM formally adopted the Annual Report […]
CDS to Limit Activity on Dormant Accounts Until Reactivation as Part of Investor Protection Measures
Central Depository Systems (Pvt) Ltd (CDS), a subsidiary of the Colombo Stock Exchange (CSE), has announced new measures aimed at protecting dormant CDS accounts that have remained inactive for three years or more. The measure will involve a staggered suspension framework for dormant accounts which can be re-activated at any time quite easily by account […]
Ceylon Chamber Re-elects Chairperson Krishan Balendra at 187th AGM
The Ceylon Chamber of Commerce announced the re-election of Chairperson Krishan Balendra and the election of its Board for the Year 2026/27 at the Chamber’s 187th Annual General Meeting on June 25. High Commissioner of Britain to Sri Lanka, His Excellency Andrew Patrick, attended as Chief Guest. The 2026/27 office-bearers are Chairperson Krishan Balendra, – Chairperson John Keells Holdings PLC, […]
Vietjet opens bookings for first-ever direct flights between Sri Lanka and Vietnam
Vietjet has opened bookings with special launch fares for its new Colombo–Ho Chi Minh City route, scheduled to commence on 18 August 2026. The service will be the first scheduled direct air connection between Sri Lanka and Vietnam, further strengthening tourism, business, and cultural ties between the two countries. To celebrate the new route, Vietjet […]
Memorandum of Understanding MOU Signing Ceremony between the Office on Missing Persons and the Bureau of Rehabilitation
The Office on Missing Persons (OMP) and the Bureau of Rehabilitation (BOR) signed a Memorandum of Understanding (MOU) on 24 June 2026 to strengthen institutional cooperation in matters relating to missing persons. The OMP has previously entered into Memoranda of Understanding with several key state and international institutions, including the Human Rights Commission of Sri […]
IFC Backs New Anthony’s Farm Group to Create Jobs, Support Smallholder Farmers and Drive Sri Lanka’s Poultry Exports
The International Finance Corporation (IFC), a member of the World Bank Group, is supporting New Anthony’s Farm Group (NAF) to expand operations, strengthen efficiency, create jobs and enhance rural livelihoods at one of Sri Lanka’s top poultry producers. IFC’s investment will enable NAF—Sri Lanka’s only fully antibiotic-free poultry producer—to scale capacity, improve value chain efficiency, […]
President sets up 14 member commission to tackle public sector salary, pension issues
President Anura Kumara Dissanayake has established a Salaries and Pensions Commission to address long-standing salary and pension issues affecting public sector employees and pensioners, with retired Ministry Secretary Asoka Peiris appointed as chairman. The commission was formed through Extraordinary Gazette Notification No. 2494/05, dated 22 June 2026. Its core mandate is to recommend sustainable solutions […]
INFRACON 2026 to Unite South Asia’s Infrastructure and Construction Industry in Colombo
Sri Lanka’s premier exhibition dedicated to the infrastructure and construction sector, INFRACON 2026, will be held from 3rd to 5th July 2026 at the Bandaranaike Memorial International Conference Hall (BMICH), Colombo, bringing together leading companies, industry professionals and decision-makers from across South Asia. Organized by Lanka Exhibitions and Conference Services (Pvt.) Ltd. (LECS) in collaboration with SAVOR International Limited of Bangladesh, the […]
United States Transfers Ten Texas-Built Helicopters to Sri Lanka to Strengthen Maritime Security and Disaster Readiness
The United States today formally transferred ten American-made TH-57 Sea Ranger (Bell 206) helicopters to the Sri Lanka Air Force, delivering a major boost to the country’s helicopter training program, search-and-rescue capabilities, and the security of its air and maritime domains — a milestone that reflects the growing strength of the U.S.-Sri Lanka defense partnership. […]
Government to back apparel exporters with land reforms, ‘Plug and Play’ factories
President Anura Kumara Dissanayake chaired a discussion at the Presidential Secretariat on Monda aimed at resolving challenges facing Sri Lanka’s apparel sector and boosting the country’s export earnings. The meeting brought together top business leaders and investors from the industry to discuss practical hurdles and the support needed to roll out the Export Development Board’s […]
Sri Lanka, US reaffirm strong ties as talks focus on trade gap and tariffs
President Anura Kumara Dissanayake met with visiting US Assistant Secretary of State for South and Central Asian Affairs, Dr. Paul Kapur, at the Presidential Secretariat this afternoon (22). The two sides reflected on 77 years of Sri Lanka-US relations, noting how the partnership has grown to cover trade, defence, investment, tourism and people-to-people connections. Kapur […]
Scalable capture: Sri Lanka’s marine plastic problem is compounding, so is the response
Once considered a ‘miracle material’ capable of solving every industrial and consumer problem of the 20th century, today, plastic has become a ‘technofossil’. It has been found in snow at the top of Mount Everest, and as deep as the Marina Trench, across every known ecosystem, ultimately bio-accumulating up the food chain to humans as […]