Flemington completes 5 years in condominium development industry in SL
Sep 07, 2020 (LBO) – A recent entrant into Colombo’s property development arena, The Flemington recently celebrated 5 years in the industry. During the …
Industry
SriLankan Airlines completes a post COVID-19 traveler sentiment survey
Sep 07, 2020 (LBO) – SriLankan Airlines recently carried out a survey amongst its FlySmiLes loyalty membership to capture how the COVID-19 pandemic has …
CEAT ups ‘2-wheeler’ tyre production
Sep 07, 2020 (LBO) – Maximising capacity utilisation at its manufacturing plants at Kelaniya and Kalutara, the Company pushed production of tyres for …
SL-China biz council to facilitate growth in trade, tourism and investment
Sep 07, 2020 (LBO) – The 19th Annual General Meeting of the Sri Lanka – China Business Council (SLCHBC) of the Ceylon Chamber of Commerce was held …
SLT Group to improve connectivity at the Lankagama-Neluwa village
Following the President’s visit to the Lankagama-Neluwa village on 29th August 2020, where he stated that he will direct the SLT Group to provide a solution …
Council for Business with Britain to strengthen the UK-SL trade corridor
Sep 04, 2020 (LBO) – The newly elected President of the Council for Business with Britain says efforts will primarily be focused on enhancing business …
UNDP: COVID-19 will widen poverty gap between women and men
Sep 04, 2020 (LBO) – The COVID-19 crisis will dramatically increase the poverty rate for women and widen the gap between men and women who live in …
USD 30Mn invested towards Softlogic Life’s growth by Finnfund, NorFund & Munich Re
Softlogic Life Insurance PLC announced the inking of landmark deals with Development Financial Institutions; Finnish Fund for Industrial Cooperation Ltd – …
Savings accounts and fixed deposits can now be opened using NTB mobile app
Sep 02, 2020 (LBO) – Nations Trust Bank recently introduced the unique feature of opening Savings Accounts and Fixed Deposits on the Nations Mobile App. …
Asia Securities Investment Banking and CCC announces webinar on Financial Restructuring
Sep 02, 2020 (LBO) – The Chamber Academy in collaboration with Asia Securities Investment Banking Team is conducting a knowledge-sharing webinar on …
Digital finance, a lifeline during COVID-19, can deliver long-term financing of SDGs
Sep 02, 2020 (LBO) – The unprecedented social and economic crisis caused by the COVID-19 pandemic has put a spotlight on the role of digital finance in …
Yarl Geek Challenge developing products, developing services, developing people
By Jekhan Aruliah Shhh! Here’s a secret for all Yarl Geek Challenge (YGC) competitors. If you thought YGC is about creating great products you’d be right. …
ADB to formally withdraw from financing new coal-fired energy projects
Aug 31, 2020 (LBO) – Independent Evaluation at the Asian Development Bank (ADB) recommends that the bank revisit its energy policy and formally withdraw from …
Digital finance can deliver long-term financing of SDGs
Aug 31, 2020 (LBO) – The unprecedented social and economic crisis caused by the COVID-19 pandemic has put a spotlight on the role of digital finance in …
JKH ranked as Sri Lanka’s most respected entity for 15th year
Aug 31, 2020 (LBO) – For a record 15th year, John Keells Holdings PLC (JKH), was ranked as the Most Respected entity in Sri Lanka, in the recently …
Fitch rates National Development Bank’s Basel III Sub Debt Final A-(lka)
Aug 31, 2020 (LBO) – Fitch Ratings Lanka has assigned National Development Bank’s proposed Basel III-compliant subordinated unsecured debentures a …
Debt moratorium for tourism sector businesses & individuals extended for six more months
Aug 31, 2020 (LBO) – Sri Lanka’s Central Bank requests licensed banks to provide a debt moratorium to COVID-19 affected businesses and individuals in …
Permit holders can purchase new vehicles locally with concessions: Finance Ministry
Aug 28, 2020 (LBO) – Sri Lanka’s Finance Ministry says that they have issued a circular allowing the vehicle permit holders to purchase unregistered …
EDB and Foreign Ministry accelerate efforts to boost exports
Aug 28, 2020 (LBO) – The Export Development Board (EDB) and the Foreign Ministry are working closely together to increase the country’s export revenue …
President envisages reducing foreign exchange spent on fish imports
Aug 28, 2020 (LBO) – President Gotabaya Rajapaksa says plans should be mooted from several directions to reduce the foreign exchange spent annual on fish …