Author: LBO
UNDP supports DNA Laboratory of Government Analyst Department in procuring critical equipment
Visit to DNA Laboratory and observing of procured equipment The United Nations Development Programme (UNDP) in Sri Lanka handed over 17 critical equipment to strengthen the DNA laboratory of the Government Analyst Department, including an RT PCR machine, PCR system and Crime Lite Serology Kit, with the aim of increasing the efficiency and effectiveness of […]
Sri Lanka records 4.2 percent GDP growth for 2Q 2026
The GDP for the second quarter of 2026 at constant price (2015) has increased to Rs. 3,029,816 million from Rs. 2,908,570 million which was reported in the second quarter of 2025. The GDP growth rate for the second quarter of year 2026 has been reported as 4.2 percent positive growth. The overall Agricultural activities declined […]
MullenLowe Group Sri Lanka Becomes BBDO Sri Lanka
MullenLowe Group Sri Lanka has transitioned to BBDO Sri Lanka following Omnicom’s global integration, marking the next chapter for an agency built on strong creative thinking, strategic depth and measurable business impact. Its people, partnerships, capabilities and market understanding will carry forward into BBDO, connecting an established Sri Lankan operation with one of the world’s […]
Sri Lanka’s AI week needs authority budgets before agents get real power
Sri Lanka is preparing to make artificial intelligence more central to business, government, education, and the digital economy. Sri Lanka AI Week 2026, running from September 28 to October 4, is explicitly designed to turn AI ambition into measurable impact through policy discussions, enterprise transformation, an AI Expo, and a national AI engagement platform. That is […]
Sri Lanka’s Reserves: Build Them Wisely, Not at Any Cost
“The whole is greater than the sum of its parts.” — Aristotle By Prof. Asoka.S.Seneviratne Summary The Governor of the Central Bank of Sri Lanka, Dr Nandalal Weerasinghe, deserves credit for placing the question of foreign-reserve accumulation within its proper broader context: reserves cannot be built sustainably at any cost. At the Reserve Management Conference […]
Foreign Minister Vijitha Herath to Undertake Official Visit to Thailand
Minister of Foreign Affairs, Foreign Employment & Tourism Vijitha Herath will undertake an official visit to Thailand from 14 to 16 September 2026, at the invitation of the Minister of Labour of Thailand. During the visit, Minister Herath will hold discussions with the Minister of Labour, Minister of Tourism and Acting Minister of Foreign Affairs […]
Opinion: How & Why Economic Growth & Development Matter
By Prof. Asoka S. Seneviratne Executive Summary The central question for Sri Lanka is whether economic growth is improving the lives and opportunities of ordinary citizens. Growth is often presented as a headline GDP percentage, but it is morally neutral: it does not automatically guarantee fairness, equitable distribution or improvements in human capability. Sri Lanka’s […]
Sampath Bank Appoints Dilip de S Wijeyeratne as Deputy Chairman
Sampath Bank PLC announced the appointment of Mr. Dilip de S Wijeyeratne as Deputy Chairman, effective 10th September 2026, further strengthening the Bank’s leadership as it advances its strategic priorities and continues to evolve as a purpose-led, technology-enabled financial institution. Mr. Wijeyeratne brings extensive experience across banking, finance, risk management and compliance, investment banking and […]
VIDEO: India’s Defence Minister Is Visiting Sri Lanka After 38 years. Here’s Why
India is making a major push in the Indian Ocean. Defence Minister Rajnath Singh’s Sri Lanka visit comes at a crucial time, as tensions rise across these waters. But why is India turning to Sri Lanka now?
SL appeals to Human Rights High Commissioner to conclude country-specific mandates where national processes demonstrate progress
Addressing the 63rd Session of the United Nations Human Rights Council in Geneva on 08 September 2026 during the General Debate under the Agenda Item 2, Permanent Representative of Sri Lanka to the United Nations in Geneva, Ambassador Sumith Dassanayake emphasized that no Council mandate should be regarded as indefinite. The written update on human […]
Opinion: For the first time, an idea that needs several ministries has the right place to go—the NBFC
By Lalith Kahatapitiya The Cabinet’s announcement of 24 August carried more than an administrative decision. Read carefully, it has the power to become the turning point of Sri Lanka’s economy, if what it promises is built into the Centre from the start. What the Centre is for The Cabinet decision of 24 August creates a […]
Singer partners with Mintpay to make every upgrade more flexible and rewarding
Singer, one of Sri Lanka’s largest and most trusted consumer durables retailers, has partnered with Mintpay, Sri Lanka’s premier payments platform, to give customers a more flexible and rewarding way to pay across its network. With this collaboration, Singer customers can now split the cost into three interest-free instalments with Pay Later or pay upfront […]