England Cricket team arrived in Sri Lanka to play two Test series in Galle

Jan 03, 2021 (LBO) – The England cricket team arrived in Sri Lanka on Sunday to play two Test series against Sri Lanka in Galle. This will be preceded by a period of quarantine and training, the British High Commission said. The first test match begins on 14 January, followed by the second on 22 […]

| New Confessions of an Economic Hit Man

The New Confessions of an Economic Hit Man author John Perkins joins to detail how he used to operate on behalf of the rich and powerful to coerce leaders of developing countries to accept massive loans as a ploy to bankrupt them into signing away their resource rights for pennies on the dollar — or […]

ASPI recorded a growth of 10.5-pct in 2020; market turnover highest since 2011

Jan 01, 2021 (LBO) – The benchmark All Share Price Index (ASPI) of Colombo Stock Exchange (CSE) closed 2020 recording a growth of 10.5%, the highest annual increase the index has seen since 2014. The ASPI ended 2020 on 6774.22 points. Meanwhile, the S&P SL20 index, which features the CSE’s 20 largest and most liquid […]

ComBank launches Sri Lanka’s first ‘WhatsApp Banking’ facility

A simple “Hi” is all it now takes to access services at the Commercial Bank of Ceylon. Demonstrating its innovative use of new-age communications, the country’s largest private bank has pioneered a ground-breaking product on the world’s most widely-used messaging platform WhatsApp to become the first Sri Lankan bank to offer Banking Services on the […]

New Year motivates us to move towards a new meaningful height in life

Jan 01, 2021 (LBO) – The dawn of the New Year motivates us to move towards a new meaningful height in life while providing an opportunity to clearly understand the challenges we face at each passing moment, President Gotabaya Rajapaksa said in his new year message. New Year Message The dawn of the New Year […]

K C Vignarajah writes letter to President Gotabaya Rajapaksa

H. E  President Gotabaya Rajapaksa,                                                                     31st Dec 2019. President, Democratic Socialist Republic of Sri Lanka, Presidential Secretariat, Colombo 1 Dear President, Congratulations, concerns & Best Wishes to uplift our motherland. I have the honour and humility to address you on matters where I have decades of experience, expertise, enterprise, & visionary zeal for the betterment of our beloved […]

CSE indices comparison for 2019: ASPI up 1.3-pct, S&P SL20 down 6.3-pct

Dec 31, 2019 (LBO) – Colombo Stock Exchange ended the year 2019 on Tuesday with a positive note, rounding up the gain of All Share Price Index (ASPI) by 1.27 percent to 6,129 as compared to the beginning of the year. The ASPI is the broad market index of the CSE and is designed to […]

CICT ends 2019 with 2.9mn TEUs, 40-pct of Colombo Port’s volume

Dec 31, 2019 (LBO) – Colombo International Container Terminals (CICT) has announced it handled a total of 2.9 million TEUs in 2019, achieving an 8.6 percent increase in its throughput and accounting for 40 percent of the volume of the Port of Colombo in the 12 months ending 31st December 2019. The Company, which manages […]

ISM APAC appoints its first Sri Lankan Managing Director

ISM APAC, the regional arm of Netherlands based e-commerce company ISM e-Group, marked the dawn of a new era as it announced the appointment of its first Sri Lankan Managing Director, Priyantha Bethmage as the two Dutch General Managers of the company bid farewell. With its head office located in IT Park Orion City in […]

Loud music not allowed in buses from tomorrow: Transport Ministry

Dec 31, 2019 (LBO) – Sri Lanka’s Transport Ministry says that it will not allow loud music in buses from 01 January 2020 and advises passengers to use the hotline 1955 to lodge any complaint regarding the matter. According to the Ministry, a collection of 1,000 classical audio songs and high-quality music videos will be […]

Plastics & Rubber Institute signs MOU with Institute in Singapore

The Plastics and Rubber Institute of Sri Lanka has signed an MOU with the Plastics and Rubber Institute of Singapore. This was announced by the President of the PRISL, Kaushal Rajapaksa at the Institute’s Annual Awards Night held recently at the Taj Samudra Hotel. Hon. Deshamanya Karu Jayasuriya, Speaker of the Parliament of Sri Lanka […]

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