Author: LBO
Research Vessel Dr. Fridtjof Nansen Completes Marine Scientific Survey in Sri Lankan Waters
The Research Vessel Dr. Fridtjof Nansen has successfully completed a marine scientific survey in Sri Lankan waters and departed Colombo, marking the conclusion of a critical mission to strengthen the country’s ocean knowledge base. As part of the EAF-Nansen Programme of the Food and Agriculture Organization of the United Nations (FAO) and Norway, the vessel […]
UNICEF Sri Lanka Statement on Cabinet Approval of the Global Charter on Child Care Reforms
UNICEF welcomes the Cabinet’s approval on 4 May of the Global Charter for Child Care Reforms – a landmark decision that strengthens protection for children and builds momentum for Sri Lanka’s existing Alternative Care Policy. Over the years, UNICEF has partnered with the Government of Sri Lanka to advance care reform. This includes supporting the […]
Ceylon Chamber to Host Mineral Sands Technical Conference with Mineral Technologies Australia
As Sri Lanka looks to better position its mineral sands resources within a globally competitive and responsibly developed industrial framework, The Ceylon Chamber of Commerce will host a one-day Technical Conference on the mineral sands sector on 17 June at the Galle Face Hotel, Colombo from 9.00 a.m. to 5.00 p.m. As global demand for […]
New threat to IT services? Anthropic to launch AI services firm: What it means
Anthropic has teamed up with Goldman Sachs, Blackstone and other global investors to launch a $1.5B venture focused on deploying AI directly inside companies. Instead of just selling tools, the new firm will embed engineers into businesses to build and integrate Claude AI into real workflows—targeting the biggest gap in AI adoption: implementation. With backing […]
How the best AI development companies in Sri Lanka are transforming the future of enterprise AI
When mentioning enterprise AI, the first things that often come to mind for most are LLMs, chatbots and the occasional forecasting abilities brought on by custom solutions. However, numerous leading offshore software development companies in Sri Lanka will tell you that there’s more to enterprise AI than prompt-based tools and automatic recommendations. There are multiple […]
Assembly Election 2026 Results: Winners, Losers And India’s Political Reset Explained
Election 2026 results are reshaping India’s political map. From Vijay’s historic surge in Tamil Nadu to BJP’s expanding national footprint, Mamata Banerjee’s setback in Bengal, and leadership shifts in Kerala and Assam, this election signals disruption at every level. Who rose, who fell, and what comes next?
SL & Australia Partner with FAO on AUD 2 Mn Initiative to Restore Climate-Resilient Vegetable Livelihoods in Cyclone-Affected Highlands
The Ministry of Agriculture, Livestock, Lands and Irrigation, the Government of Australia, and the Food and Agriculture Organization of the United Nations (FAO) marked the launch of a AUD 2 million (USD 1.4 million) recovery initiative to restore and transform vegetable production systems in the cyclone-affected districts of Nuwara Eliya and Badulla. The agreement was […]
President of Viet Nam and General Secretary of Viet Nam Communist Party to undertake a State Visit to Sri Lanka
The President of the Socialist Republic of Viet Nam and the General Secretary of the Communist Party of Viet Nam, Tô Lâm will undertake a State Visit to Sri Lanka from 07-08 May 2026. The visit takes place at the invitation of President Anura Kumara Disanayaka following his State Visit to Viet Nam in 2025 to commemorate […]
Planters seek coordinated response to stabilise tea production and key export markets
The Planters’ Association of Ceylon (PA), the apex body of Sri Lanka’s Plantation industry, has called for an urgent review and streamlining of the industry’s cost structures in light of the unprecedented crisis in West Asia and the Strait of Hormuz. Currently, approximately 45% of Sri Lanka’s total annual Tea exports – equivalent to approximately US$ […]
Nations Trust Bank completes the transfer of HSBC Sri Lanka’s Retail Banking Business to its portfolio
Nations Trust Bank PLC (NTB) has announced that the transfer of Hongkong and Shanghai Banking Corporation’s (HSBC) Retail Banking business in Sri Lanka to NTB has officially been completed, with the acquired portfolio transitioning to NTB effective 1st May 2026. NTB has integrated HSBC Sri Lanka’s retail banking customers into its operations, ensuring continuity of […]
CCPI based headline inflation accelerated in April 2026 amidst tensions in the Middle East
The Colombo Consumer Price Index (CCPI, 2021=100) based headline inflation (year-on-year, Y-o-Y) accelerated in April 2026 reflecting the spillovers from the ongoing war in the Middle East, particularly the significant upward adjustments in domestic energy prices. Accordingly, headline inflation (Y-o-Y) was recorded at 5.4% in April 2026 compared to 2.2% in March 2026. Food […]
VIDEO: Anthropic Mythos AI – Why Banks, Governments Fear This Cybersecurity Tool
A powerful new AI model from Anthropic is raising alarm across the global financial system. Called Mythos, it can detect and exploit hidden software vulnerabilities faster than human experts, triggering fears of more sophisticated cyberattacks. With access restricted to a handful of firms, banks and regulators are now scrambling to assess the risks, from disruptions […]