UNDP: COVID-19 could push number of people living in extreme poverty to over 1Bn by 2030
Severe long-term effects of the COVID-19 pandemic could push an additional 207 million people into extreme poverty on top of the current pandemic trajectory, …
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World Bank says SL’s high-level of informal employment a concern
Dec 07, 2020 (LBO) – Around 70 percent of Sri Lanka’s workforce are informally employed and there are generally three reasons to be concerned about …
Foreign Minister discusses SL’s bilateral cooperation with Cuban ambassador
The Ambassador of the Republic of Cuba in Sri Lanka, Juana Elena Ramos Rodriguez met Foreign Minister Dinesh Gunawardena recently at the Ministry. The meeting …
SL Central Bank Governor W D Lakshman speaks at Economic Summit 2020
Dec 02, 2020 (LBO) – Governor of Sri Lanka’s Central Bank W D Lakshman says Sri Lanka pushing up investor confidence with strong political …
Uber Eats marks second anniversary in Sri Lanka, completes 10 million orders
Uber Eats is marking its second year anniversary in Sri Lanka after successfully delivering 10 million orders to hungry eaters. The platform more than doubled …
President makes new appointments to Judiciary including 6 supreme court judges
President Gotabaya Rajapaksa yesterday made several key Judiciary appointments with twenty one new judges to superior courts sworn in, yesterday. Judges …
ADB and Sri Lanka sign USD400Mn loan agreement to uplift secondary education
Dec 01, 2020 (LBO) – The Asian Development Bank (ADB) and the Government of Sri Lanka today signed a US 400 million dollars loan agreement to support the …
Private sector an equal partner in economic revival: Dr. Hans Wijayasuriya
Dec 02, 2020 (LBO) – Chairman of the Ceylon Chamber of Commerce has called on the private sector to be an equal partner in securing an accelerated …
Addressing poverty: Towards empowered Sri Lankan households
2020 has been a profoundly challenging year for Sri Lanka and the world at large with the COVID-19 pandemic causing an unprecedented crisis, so much so that …
Sampath Bank offers attractive loans for commercial & residential solar power projects
Extending its support to the Sri Lankan Government’s intention to increase the use of solar power among commercial and residential sectors, Sampath Bank PLC …
OCTAVE: Integrating advanced analytics with front-line business decisions
OCTAVE, the John Keells Group’s Data and Advanced Analytics Center of Excellence is making strides to build a world-class analytics practice to derive the …
Sri Lanka vehicle registrations continue to dip in Oct 2020
Sri Lanka’s vehicle registrations in October hit a record low across the board, including all commercial vehicle categories, due to the economic impact of …
SL can build back better from COVID-19 and realize inclusive, resilient growth
Nov 27, 2020 (LBO) – World Bank’s new Country Director for Maldives, Nepal and Sri Lanka, Faris Hadad-Zervos, completing his first visit to the island …
Lotus Tower shines bright in orange to shed light on gender-based violence
Every year, iconic buildings around the world are illuminated in orange during the ‘16 Days of Activism Against Gender-based Violence’, a global …
Asia Securities wealth management launches new money market fund
Asia Securities Wealth Management (Pvt) Ltd., the investment management arm of Asia Securities, launched the Asia Securities Money Market Fund today. Regulated …
Sri Lanka Govt and ADB sign USD 165Mn loan agreement to aid COVID hit SMEs
The Asian Development Bank (ADB) and the Government of Sri Lanka today signed a $165 million loan agreement to provide immediate financing support for small …
Addressing poverty: Towards empowered Sri Lankan households
2020 has been a profoundly challenging year for Sri Lanka and the world at large with the COVID-19 pandemic causing an unprecedented crisis, so much so that …
Sri Lanka and China discuss consolidating bilateral relations
Foreign Secretary Admiral Prof. Jayanath Colombage together with Vice Minister of the Ministry of Foreign Affairs of China, Luo Zhaohui,chaired the …
Emirates offers expanded, multi-risk travel insurance coverage
Emirates customers can now plan their travels and fly with even greater assurance and peace of mind, with the airline’s latest industry-first initiative to …
Sovereign bond opportunity is “too good to miss” says new Chair of Ceylon Asset Management
The new Chairman of Ceylon Asset Management (CAM), Mr. Malaka Bandara highlighted “this is a rare opportunity to invest in SL Sovereign Bonds at discounted …