COVID-19 outbreak likely to affect Sri Lanka’s economic performance : Central Bank
Mar 05, 2020 (LBO) – The exact impact on the Sri Lankan Economy would depend on the extent of the global spread of the COVID-19 outbreak, its persistence …
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Policy interest rates of Central Bank of Sri Lanka to remain unchanged
Mar 05, 2020 (LBO) – The Monetary Board of the Central Bank of Sri Lanka, at its meeting held on 04 March 2020, decided to maintain the Standing Deposit …
Sri Lanka national tea sale average up in Feb 2020; Highest since April 2018
Mar 05, 2020 (LBO) – National average for the month of February 2020 totalled Rs. 601.91 vis-à-vis Rs. 588.85 of January 2020, showing an increase of …
Secretary General of BIMSTEC calls on Minister of Foreign Relations
Mar 05, 2020 (LBO) – Ambassador Shahidul Islam Secretary General of Bay of Bengal Initiative for Multi Sectoral Technical Cooperation (BIMSTEC) commended …
Our people-centric economic model aims at overcoming development slowdown:President
Mar 05, 2020 (LBO) – Accelerating our economic development is the primary challenge facing Sri Lanka today and most of the security issues that Sri Lanka …
HSBC CFW introduces impact-based responsible program for the Sri Lankan fashion industry
Mar 04, 2020 (LBO) – The “Responsibility in Fashion” program by HSBC Colombo Fashion Week introduces three responsibility and circularity-based …
World Bank announces up to USD12Bn immediate support for COVID-19
Mar 04, 2020 (LBO) – As COVID-19 reaches more than 60 countries, the World Bank Group is making available an initial package of up to $12 billion in …
President orders to ensure adequate fertilizer supply during Yala season
Mar 04, 2020 (LBO) – President Gotabaya Rajapaksa has directed officials to ensure supply of the required amount of fertilizer for the Yala season …
Sri Lanka to host UN World Tourism Organization Conference in June
Mar 03, 2020 (LBO) – The 32nd joint meeting of UN World Tourism Organization’s Commission for East Asia and the Pacific and the UNWTO Commission for …
Sri Lanka Finance companies face added regulatory pressure
Mar 03, 2020 (LBO) – Sri Lanka’s finance and leasing sector will face added pressure for consolidation as deadlines for the implementation of …
Easter Sunday attacks: Second interim report handed over to President
Mar 03, 2020 (LBO) – The second interim report of the Presidential Commission of Inquiry appointed to probe Easter Sunday attacks was handed over to …
Parliament dissolved: General elections on Apr 25th
Mar 03, 2020 (LBO) – Sri Lanka’s President Gotabaya Rajapaksa dissolved Parliament last night calling for a General Election is to be held on April …
Opinion: Why we drink our own champagne
By Sal Laher, chief digital & information officer, IFS Both service providers as well as their customers rely on technology to help their operations and …
President recognizes 109 government institutions with high performance awards
Mar 02, 2020 (LBO) – On the recommendation of the Committee on Public Accounts (COPA), government bodies which have achieved a high performance level in …
Securities and Exchange Commission DG removed with immediate effect
Mar 02, 2020 (LBO) – Securities and Exchange Commission (SEC) Director General (DG) Vajira Wijegunawardane, appointed in 2015 with an overall service to …
‘Sancharaka Udawa’ to play pivotal role in boosting tourism industry
Mar 02, 2020 (LBO) – The Sri Lanka Association of Inbound Tour Operators (SLAITO) announced that the 10th edition of the Sancharaka Udawa -Sri Lanka’s …
UN rights chief regrets Sri Lanka withdrawal from resolution
Feb 28, 2020 (LBO) – The United Nations’ human rights chief expressed regret on Sri Lankan government’s decision to withdraw its …
HNB posts group PAT of Rs. 15Bn
Feb 26, 2020 (LBO) – HNB PLC weathered external headwinds in 2019 to post 15 billion rupees in Group Profit After Taxes (PAT) and 14 billion rupees in …
FM will formally inform decision of govt. to withdraw co-sponsorship of resolution
Feb 26, 2020 (LBO) – Minister of Foreign Relations, Skills Development, Employment and Labour Relations, Dinesh Gunawardena who leads the Sri Lanka …
Sri Lanka raids and finds substandard lubricants products worth Rs. 2.5Mn
Feb 19, 2020 (LBO) – Sri Lanka carried -out an Island-wide raid on substandard and unauthorised lubricants products as the Consumer Affairs Authority …