Fitch announce re calibration of Sri Lankan National rating scale
Feb 05, 2019 (LBO) - Fitch Ratings said today it will re-calibrate the Sri Lankan National Rating scale to reflect changes in the relative creditworthiness …
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Sri Lanka computer literacy at 27.5-pct: Digital literacy growing
Jan 30, 2019 (LBO) - Overall computer literacy reported in 1st half of 2018 for Sri Lanka is 27.buy cytotec online …
JKH buyback fully subscribed, Rs11bn worth of shares to be repurchased at 160
January 16, 2019 (LBO) - Shareholders have tendered approximately one hundred million shares of John Keells Holdings (JKH) into the company's latest buyback …
China’s CSCEC named as contractors for TRI-ZEN
Jan 14, 2019 (LBO) - Sri Lanka's Braybrooke Residential Towers (Pvt) Ltd announced that it had appointed China State Construction Engineering Corporation Ltd …
Sri Lanka’s Biz Chamber to host 2019 Outlook Seminar
Jan 07, 2019 (LBO) - The Ceylon Chamber of Commerce will organize its annual outlook seminar for 2019 under the theme of ‘Building Resilience Amidst …
Hayleys Advantis partners with Trustworthy.Ae Group to manage Abu Dhabi container facility
Jan 07, 2019 (LBO) - Hayleys Advantis , the transportation and logistics arm of Hayleys PLC, announced that it has entered into a deal with Dubai-based …
Financial sector regulators sign MoU for consolidated risk-based supervision
Jan 04, 2019 (LBO) - The Central Bank of Sri Lanka (CBSL) entered into a Memorandum of Understanding (MoU) with the Securities and Exchange Commission of Sri …
LankaPropertyWeb.com Acquires Lamudi.lk
Jan 04, 2019 (LBO) - Sri Lanka’s leading property portal LankaPropertyWeb has announced the acquisition of the country’s no.2 property portal lamudi.lk. …
I think we are understating Sri Lanka’s GDP under new methodology: CB Governor
Jan 02, 2019 (LBO) – Sri Lanka’s Central Bank Governor on Wednesday pointed out that the authorities need to look at carefully whether they are recording …
HUAWEI’s annual smartphone shipments exceed 200Mn units
Jan 01, 2019 (LBO) - HUAWEI Consumer BG announced recently that its global smartphone shipments for the 2018 year have exceeded 200 million units, thanks to …
First Capital increases equity exposure as global funds reversing towards Asia
Dec 28, 2018 (LBO) – First Capital Research has upgraded its equity exposure to 60 percent with the belief that the events that have unfolded globally may …
CSE announces changes in S&P SL20 with year-end index rebalance
Dec 21, 2018 (LBO) – Colombo Stock Exchange (CSE) has announced the following changes in S&P Sri Lanka 20 index constituents made by S&P Dow Jones …
LSEG Technology implements settlement solution for Singapore Exchange
Dec 20, 2018 (LBO) – LSEG Technology has successfully implemented Settlement and Central Securities Depository functionality for Singapore Exchange (SGX). …
Leapfrog announce investment of USD 12Mn in Sri Lanka’s Softlogic Life
Dec 19, 2018 (LBO) - LeapFrog Investments, a leading profit with purpose investor, today announced a USD 12 million dollar investment in Softlogic Life …
China Securities Depository and Clearing Corporation and CDS Sri Lanka commits to corporation
Dec 18, 2018 (LBO) - Sri Lanka’s Central Depository Systems (Pvt) Ltd (CDS) and China Securities Depository and Clearing Corporation Limited (CSDC) recently …
Ceylon Chamber facilitates efficient document approval process for exporters
Dec 18, 2018 (LBO) - A Memorandum of Understanding was signed between the Ceylon Chamber of Commerce and the Ministry of Foreign Affairs (MoFA) recently, for …
Hayleys Energy commences first oil and gas drillship lay-up at Hambantota, Sri Lanka
Dec 17, 2018 (LBO) - Sri Lanka's Hayleys Energy Services announced the arrival of the oil and gas drillship “Aban Abraham” for a warm lay-up to the …
Kaspersky Lab makes inroads into Sri Lanka with new distributor SATL
Dec 14, 2018 (LBO) - Global cybersecurity company Kaspersky Lab has been successfully expanding its business in the South Asia region. Continuing to have a …
CICT to enhance Colombo Port’s deep water capacity by March 2019
Dec 13, 2018 (LBO) - Colombo International Container Terminals (CICT) has announced a significant equipment addition that will enhance the terminal’s deep …
Gihan Cooray appointed Chairman of Nations Trust Bank
Dec 13, 2018 (LBO) - Nations Trust Bank PLC has announced the appointment of Gihan Cooray as Chairman of the Board of Directors, with effect from December 1st …