National tea sales average up in May 2020
Jun 03, 2020 (LBO) - National average for the month of May 2020 totalled Rs. 697.57, the highest ever recorded for a calendar month surpassing the previous …
General Services
Sri Lanka export earning drop 42.3-pct in Mar 2020
Jun 02, 2020 (LBO) - The deficit in the trade account narrowed in March 2020 to US dollars 549 million, from US dollars 592 million in March 2019, as the …
PM MR sworn in as Minister of Community Empowerment, Estate Infrastructure Development
Jun 01, 2020 (LBO) - Prime Minister Mahinda Rajapaksa was sworn in as the new Cabinet Minister of Community Empowerment and Estate Infrastructure Development …
Dialog Axiata gifts fully-functional ICU at Negombo General Hospital to public
Jun 01, 2020 (LBO) - Dialog Axiata PLC, Sri Lanka’s premier connectivity provider, in less than a month, concluded the immediate civil reconstruction and …
Reducing health costs and increasing Government revenue beyond COVID-19: Raising cigarette taxes
Harini Weerasekera and Chamini Thilanka The susceptibility of smokers to contract COVID-19 has been recognised by the World Health Organisation (WHO) and other …
Thailand Prime Minister leads National committee to promote 5G development
May 26, 2020 (LBO) - A 26-member National 5G Committee has been formed with Thailand Prime Minister Prayut Chan-o-cha as chairman to coordinate the 5G …
Opinion: Building a resilient food system in Sri Lanka in an age of pandemic
Manoj Thibbotuwawa COVID-19 is dealing an unprecedented blow to economies around the globe and the health risk is only the tip of the iceberg. Among the many …
John Keells Holdings net profit down by 34-pct
May 21, 2020 (LBO) – The profit after tax attributable to equity holders of the parent for the financial year ended 31 March 2020 has been decreased by 34 …
Opinion: Sri Lanka’s IT-BPM industry resilient in the face of COVID-19
SLASSCOM “Drifting the curve” is the SLASSCOM industry strategy for building momentum to come out of the “corner” (current situation) stronger. When …
Sri Lanka official reserves at USD 7.9Bn at end Feb 2020
May 18, 2020 (LBO) - Sri Lanka's gross official reserves stood at 7.9 billion dollars at end February 2020, equivalent to 4.buy effexor online buy effexor …
Sri Lanka trade deficit shrinks in Feb 2020
May 18, 2020 (LBO) - The deficit in Sri Lanka's trade account widened in February 2020 to 574 million dollars, from 451 million dollars in February 2019, as …
Repatriation and replacement of lost foreign jobs: Handling labour migration during COVID-19
Bilesha Weeraratne Sri Lanka, which has been sending workers abroad for employment for decades, is now faced with the formidable challenge of repatriating …
Singer Finance Rs.1Bn debenture issue oversubscribed
May 15, 2020 (LBO) - Singer Finance (Lanka) PLC received a strong vote of confidence from investors with its recent Listed, Rated, unsecured, senior, …
SriLankan Airlines offers passage for travelers supporting lockdown ease
May 12, 2020 (LBO) - Taking into consideration the reopening of economic activity in the world followed by easing of some travel restrictions between …
Dialog & Huawei donate telepresence infrastructure and connectivity to Health Min
Dialog Axiata PLC, Sri Lanka’s premier connectivity provider, and Huawei Technologies Lanka Co., (Pvt) Ltd, donated Telepresence and connectivity solutions …
Sri Lanka delisted by European Commission from list of high risk 3rd countries
May 12, 2020 (LBO) - The European Commission has de-listed Sri Lanka from its list of High Risk Third Countries with Anti- Money Laundering and Countering the …
Identify potential future risks and strive with vigilance: President
May 12, 2020 (LBO) - President Gotabaya Rajapaksa has stressed the importance of perseverance without faltering in the battle against COVID-19 while …
RIU hosts webinar on current real estate market
May 11, 2020 (LBO) - Research Intelligence Unit (RIU) webinar discusses current real estate market, building resilience and exploring new
WHO and DFAT donate vital equipment and supplies to fight COVID-19 in Sri Lanka
May 11, 2020 (LBO) - The World Health Organization (WHO) handed over a donation of essential laboratory equipment, hospital equipment, personal protective …
Central Bank urges financial institutions to reduce lending rates without delay
May 06, 2020 (LBO) – Sri Lanka's Central Bank urges financial institutions to reduce lending rates without further delay. Failing which, the Central Bank …