Author: LBO Admin
Opinion: Are Residential apartments the best asset class in town?
By The Research Intelligence Unit, Colombo It was said many years ago that Sri Lankans would never take to apartments because indigenous values demanded dwellings to have gardens, be accommodating to continuous refurbishments and for properties to be transferable from one generation to the next. Over the past two decades, we have witnessed the complete […]
New Livestock Insurance Scheme to Be Launched to Protect Sri Lankan Leopards
The United Nations Development Programme (UNDP) in Sri Lanka under its Biodiversity Finance Initiative (BIOFIN) together with the Wildlife and Nature Protection Society (WNPS) and LOLC, under the guidance of the Department of Wildlife Conservation is launching a groundbreaking “Livestock Insurance Scheme in Sri Lanka. This initiative aims to reduce retaliatory killings of the endangered Sri […]
National Program for Developing 1000 Entrepreneurs
The “National Program for Developing 1000 Entrepreneurs” is an innovative initiative aimed at empowering the SME sector in Sri Lanka by enhancing the knowledge, skills, productivity, and export capacity of entrepreneurs, thereby contributing to the strengthening of the national economy. This program is being implemented by the Ministry of Industry and Entrepreneur Development in collaboration […]
‘Invest Sri Lanka’ forum to be held in Singapore to boost foreign investment
The Colombo Stock Exchange (CSE), in collaboration with the Securities and Exchange Commission of Sri Lanka (SEC) and the stock broking industry, are conducting an ‘Invest Sri Lanka’ Investor Forum in Singapore on 12 th August 2025. Building on the momentum of the successful foreign investor forum held in Colombo during March this year, the […]
TikTok releases Q1 2025 community guidelines enforcement report
TikTok has released its Q1 2025 Community Guidelines Enforcement Report, showcasing its ongoing commitment to creating a safe digital space for its users. The report, which covers data from January to March 2025, details the proactive steps TikTok has taken to identify and remove content that violates its Community Guidelines, ensuring a positive experiencefor its […]
Sri Lanka expresses deep concern over the decision of Israel
Sri Lanka expresses deep concern over the decision by Israel to seize control of Gaza, which will lead to further escalation of violence and suffering of the people of Gaza. Sri Lanka calls for an immediate ceasefire and urges all parties to resolve differences through diplomatic dialogue in order to establish sustainable peace. Ministry of […]
‘s Ultra-Rich to Vegas of South Asia
By Jithendra Antonio In a transformative declaration that reverberates through South Asia’s economic corridors, gaming tycoon Lawrence Ho’s recent bold proclamation at the August 2025 launch of the US $1.2 billion City of Dreams Sri Lanka has crystallized what many strategic analysts have long envisioned. According to Ho’s statement at the City of Dreams launch […]
Is an increase in the tobacco tax incidence a practical policy option in Sri Lanka?
By Sri Lal Somaweera The recent COPF discussions sparked debate on a push to raise Sri Lanka’s tax on cigarettes to be 75% of the price of the cigarette. This has resurfaced policy discussions, echoing a longstanding recommendation from the World Health Organization’s (WHO). Their aim is clear: discourage smoking, improve public health, and boost […]
VIDEO: Apple CEO Tim Cook wants to work with suppliers to move more chip production to US
Pres. Trump and Apple CEO Tim Cook speak in the Oval Office on Apple’s latest manufacturing announcement.
Beneficial Ownership Law Enacted with TISL’s Amendments for Enhanced Transparency & Accountability
The Speaker, Dr. Jagath Wickramaratne, endorsed the certificate on the Companies (Amendment) Bill on 04 August and accordingly, the Companies (Amendment) Act No. 12 of 2025 is now enacted. Transparency International Sri Lanka (TISL) welcomes the constructive response of the Attorney General to the concerns raised in TISL’s petition filed in the Supreme Court challenging […]
EDB Addresses US Tariff Challenge with Industry Leaders
Government officials and export sector representatives unite to address 20% US tariff impact on Sri Lankan goods The Sri Lanka Export Development Board (EDB) held a successful discussion today (06th) regarding the 20% tariff recently imposed by the United States on Sri Lankan goods. High-level government officials and numerous export sector representatives gathered for this […]
Sri Lanka’s nation branding should not bet on gambling: MTI Consulting
The grand launch of the Melco-operated City of Dreams has sparked bold comparisons, with some advocating for Sri Lanka to become the “Macau of India.” While MTI Consulting acknowledges the economic potential of a vibrant casino sub-brand, it strongly cautions that Sri Lanka’s nation brand must not be ‘hijacked’ by the gambling industry. MTI urges Sri Lankan […]