Sri Lanka trade deficit improves in Aug 2020
Oct 12, 2020 (LBO) – Sri Lanka’s trade deficit improved on a year-on-year basis with the deficit in the trade account in August 2020 narrowing to …
China grants RMB 600Mn for medical care, education, water supply, etc. in rural areas
Oct 12, 2020 (LBO) – Sri Lanka and China signed an agreement on economic and technical cooperation for providing RMB 600 million (Rs. 16.5 billion) in …
Sri Lanka and China discuss economic revival and COVID-19 assistance
Oct 11, 2020 (LBO) – As part of the Government’s sustained efforts at strengthening neighbourly relations, the Foreign Ministry facilitated on Friday …
Fitch publishes Lakdhanavi Limited’s first time ‘AA+(lka)’ rating
Oct 11, 2020 (LBO) – Fitch Ratings has published Sri Lanka-based power producer Lakdhanavi Limited’s first-time National Long-Term Rating of …
Brandix stands firm that it followed all quarantine protocols
Oct 11, 2020 (LBO) – Brandix on Sunday said that they can confirm with proof that all stipulated protocol was followed concerning their employees and …
Opinion: Solution for COVID-19 free workplaces, a testing method for Sri Lankan companies
By Nishan Sumanadeera Post COVID-19 lockdown and a Post General Election 2020, most Sri Lankans never thought or hardly imagined of a resurgence of the worst …
President requests China to participate in Sri Lanka’s tea auction; open market for SL items
Oct 09, 2020 (LBO) – Sri Lanka’s President Gotabaya Rajapaksa requests China to participate in Sri Lanka’s tea auction as it will be a major boost to …
China to recommence discussions on FTA with Sri Lanka
Oct 09, 2020 (LBO) – Plans afoot to recommence discussions on China – Sri Lanka Free Trade Agreement and to complete the Hambantota Industrial Scheme …
China will stand with Sri Lanka to protect country’s sovereignty at UNHRC: high-level delegation
Oct 09, 2020 (LBO) – China will firmly stand with Sri Lanka extend to protect the country’s independence, sovereignty, and territorial integrity at …
Opinion: COVID-19, Where do we go from here?
Co-authored by Ms. Ayushka Nugaliyadda and Ms. Sarika Warusavitarana of Citra Social Innovation Lab Nearly ten months on from the declaration of COVID-19 as a …
Registrar of Companies Dept. temporarily closes to public
Oct 09, 2020 (LBO) – The Department of Registrar of Companies has decided to temporarily suspend the entry of public to the premises until further …
COVID-19 to add as many as 150 million extreme poor by 2021: World Bank
Oct 08, 2020 (LBO) – Global extreme poverty is expected to rise in 2020 for the first time in over 20 years as the disruption of the COVID-19 pandemic …
Opinion: COVID-19 | Where do we go from here?
Co-authored by Ayushka Nugaliyadda & Sarika Warusavitarana of Citra Social Innovation Lab Nearly ten months on from the declaration of COVID-19 as a global …
UNDP and VTA partner for skills development of youth
Oct 08, 2020 (LBO) – The United Nations Development Programme (UNDP) and the Vocational Training Authority of Sri Lanka (VTA) signed a Memorandum of …
Chinese delegation to visit Colombo today
Oct 08, 2020 (LBO) – A high-powered Chinese delegation led by former Chinese Foreign Minister and the current Communist Party Political Bureau member his …
VIDEO: How do you spot a fake face mask?
The sale of fake face masks is on the rise and it could endanger efforts to stem the spread of the COVID 19 outbreak. The difference can be found in the filter …
Cabinet approves new orders for ‘Special Deposit Accounts’
Oct 07, 2020 (LBO) – The approval of the Cabinet of Ministers was granted at their meeting held in April 2020 for the issuance of orders under the …
COPA to introduce mechanism to report corruption and irregularities in state institutions
Oct 07, 2020 (LBO) – The Committee on Public Accounts (COPA) directed its attention on developing a mechanism to make way in order to immediately report …
Fitch places Abans Finance’s ‘BB+(lka)’ rating on Rating Watch Evolving
Oct 07, 2020 (LBO) – Fitch Ratings has placed Abans Finance PLC’s (AFP) National Long-Term Rating of ‘BB+(lka)’ on Rating Watch Evolving …
SLRA concludes webinars on recovering sales and profitability after the COVID pandemic
The Sri Lankan Retailers Association, the apex body for organised retailing in Sri Lanka, with a view to uplift the industry post COVID, carried out a series …