Author: lbostgadmin
Central Bank to continue exchange of altered currency notes
Mar 30, 2018 (LBO) – Central Bank has decided to continue the service of exchange of willfully mutilated, altered and defaced currency notes from CBSL until further notice.The decision has been made considering the difficulties faced by the general public in exchanging willfully defaced currency notes after 31 March, 2018.After 31 March, general public can […]
Sri Lanka records 4-pct unemployment rate in 4Q 2017
The Department of Census and Statistics (DCS) Sri Lanka has released the results of the Sri Lanka labour force survey for the fourth quarter of 2017 (October, November, December).Labour Force Survey (LFS) is designed to measure the levels and trends of employment, unemployment and labour force in Sri Lanka. This survey has been conducted quarterly, […]
Coca-Cola CEO meets Prime Minister in Sri Lanka
Mar 29, 2018 (LBO) – President and CEO of Coca-Cola, James Quincey has met with Prime Minister Ranil Wickremesinghe during his maiden visit to Sri Lanka.Affirming the company’s commitment to Sri Lanka, the company and its bottling partner has committed to contribute 50 million dollars into the ecosystem of the country over the next 5 […]
‘s Basel III sub-debt issue final A-(lka)
Fitch Ratings has assigned Nations Trust Bank PLC’s (NTB, A(lka)/Stable) Sri Lanka rupee-denominated proposed Basel III-compliant subordinated unsecured debentures a final National Long-Term Rating of ‘A-(lka)’. The final rating is the same as the expected rating assigned on 16 October 2017 and follows the receipt of documents conforming to information already received. The debentures, totalling […]
World leader in car production opens new door for Sri Lanka rubber, tyres
Sri Lanka’s rubber sector received a major opening from world’s leader in car production on 28 March. Slovakia, world’s leader in car production has called for using Sri Lankan rubber –specially rubber tyres -in its record setting car manufacturing industry. “We want to diversify our rubber intake and to this end want to expand the […]
Oral health is much more than just a nice smile
(PRESS RELEASE) – World Oral Health Day (WOHD) is celebrated every year on 20thof March. It is an international day to celebrate the benefits of a healthy mouth and to promote worldwide awareness of the issues around oral health and the importance of oral hygiene tomaintain general health and well-being. Under the theme of “Say […]
Thumps up from US on GSP for Sri Lanka and others
Mar 29, 2018 (LBO) – Sri Lanka will be regaining the United States Generalised System of Preferences (GSP) trade concession which expired on December 31, 2017.When President Donald Trump signs the budget bill on Friday the the US government will be re-authorizing the process. Other countries will also be benifitting from this scheme.Nearly 3,500 different products from Sri […]
‘s revamped corporate website
Mar 29, 2018 (LBO) – The revamped corporate website of the Central Bank of Sri Lanka (CBSL) was launched by Governor Dr.Indrajit Coomaraswamy, Wednesday. The URL for the site is https://www.cbsl.gov.lk.The main features of the new website include additional content, more dynamic and interactive features with improved functionality, mobile compatibility and active social media integration.This […]
President gazettes Central Bank & SEC under Finance Minister
Mar 28, 2018 (LBO) – President Maithripala Sirisena has gazetted Central Bank and SEC under Finance Minister, few days ahead of the no-confidence motion against Prime Minister Ranil Wickremesinghe. Accordingly, Monetary Law Act and Securities and Exchange Commission Act has been classified as additional laws to be implemented by the Finance Minister. Central Bank and Securities and Exchange […]
Sri Lanka to call EOI for Colombo Port North Harbour feasibility
Mar 28, 2018 (LBO) – Cabinet nod has been received to select a suitable consultancy firm to conduct a feasibility study for the proposed Colombo Port North Harbour project.As per the cabinet proposal presented by Ports Minister Mahinda Samarasinghe, Expressions of Interest (EOI) and Request for Proposals (RFP) are to be called for the purpose […]
SriLankan partners with Air Seychelles to increase destinations
Mar 28, 2018 (LBO) – SriLankan Airlines and Air Seychelles have entered into a special prorate agreement that will enhance their respective route networks and provide greater travel options in a seamless manner to passengers of both airlines with effect from 1st April 2018. Accordingly, passengers on SriLankan Airlines will have expanded options to fly […]
Team Phoenix from Moratuwa University wins SLASSCOM 4iR Hackathon
Team Phoenix from the University of Moratuwa were adjudged the winners of the inaugural SLASSCOM 4iR Hackathon at the grand finale of the event that was held at the Kingsbury Colombo recently. Organized by the Sri Lanka Association of Software and Service Companies (SLASCOM) in partnership with Virtusa and Virtusa xLabs, the event sought to […]