Banks suspended from purchasing ISBs of Sri Lanka for three months
Dec 24, 2020 (LBO) – Licensed commercial banks and National Savings Bank are required to suspend the purchase of Sri Lanka ISBs with immediate effect for a …
Dec 24, 2020 (LBO) – Licensed commercial banks and National Savings Bank are required to suspend the purchase of Sri Lanka ISBs with immediate effect for a …
Dec 24, 2020 (LBO) – The Central Bank says it is of the view that the recent increase in volatility of the exchange rate is unwarranted and unacceptable. …
Dec 24, 2020 (LBO) – Export earnings in November 2020 amounted to US$ 748.58 Mn, which was 20.97% lower than November 2019 and 11.84% lower than October …
By Jekhan Aruliah An appreciation on the retirement of a man who fled Sri Lanka’s communal riots in 1984 to settle in Australia, and returned three decades …
Dec 22, 2020 (LBO) – Fitch Ratings has recalibrated its Sri Lankan National Rating scale to reflect changes in the relative creditworthiness among Sri Lankan …
Dec 21, 2020 (LBO) – The Government in recognition of the role of Sri Lankan’s employed overseas and their contribution to the economy amidst, the …
Ambassador of Indonesia in Colombo I. Gusti Ngurah Ardiyasa paid a courtesy call on Foreign Minister Dinesh Gunawardena at the Foreign Ministry recently. …
President has directed to provide a Supplementary Festival Credit facility to all interested employees in the public and private sector as well as Samurdhi …
Real Estate is one of the largest markets/industries in the world. In 2018, Real Estate market transactions reached $1.75 trillion. It is important to note …
Union Assurance PLC, a John Keells Company announces the launch of Clicklife, a turnkey product that offers protection plans in a secure, streamlined, and …
Dec 16, 2020 (LBO) – Sri Lanka has recorded a 1.5 percent of economic growth rate for the third quarter of 2020 and a negative 16.3 percent of economic …
The industry of software development in Sri Lanka is always on its toes when it comes to the latest happenings in the digital world – and for good reason. …
Dec 14, 2020 (LBO) – Suresh de Mel, a well-known entrepreneur, assumed duties as the new Chairman of the Sri Lanka Export Development Board (EDB). He …
Dec 11, 2020 (LBO) – Sri Lanka's Finance Ministry says that it is premature for S&P to announce a rating downgrade when the well-articulated policy …
Dec 11, 2020 (LBO) – President Gotabaya Rajapaksa says that his objective is to bring about a balanced growth in all sectors of the economy and suggested to …
Dec 10, 2020 (LBO) – The United States launched a new LKR 3.6 billion (USD 19.5million) initiative to help small businesses and economically empower Sri …
Top economists and business leaders discussed the outlook for the global and local economy during the first session of the Sri Lanka Economic Summit 2020 …
As a leading technology solutions provider and AWS partner in the country, we’ve been at the forefront of observing numerous digital trends throughout the …
By Advocata Sri Lanka’s exorbitant taxes on sanitary napkins had the media spotlight over the last few weeks - this is not a new issue. In 2018 the total …
Dec 08, 2020 (LBO) - Renuka Holding PLC (RHL) has announced plans to raise Rs. 1.031 billion via a Rights Issue closing on the 16th of December to carry out …