ADB gives Rs.110Mn grant for SL to combat COVID-19
Mar 14, 2020 (LBO) – The Asian Development Bank (ADB) has allocated a $ 600,000 grant from the Health System Enhancement Project to the Government of Sri …
Industry
New Rules to Accelerate NPL Recognition by Sri Lankan FLCs
Mar 14, 2020 (LBO) – Tighter regulation in Sri Lanka on classification and measurement of credit facilities for finance and leasing companies (FLCs) will …
Travel ban imposed on all passengers from Iran, South Korea and Italy : CAA
Mar 13, 2020 (LBO) – The Civil Aviation Authority (CAA) informed all airlines not to carry passengers to Sri Lanka from Italy, South Korea and Iran with …
Identify right model to develop the country: President tells researchers
Mar 13, 2020 (LBO) – President Gotabaya Rajapaksa requested the heads of research organizations to find ways and means to uplift a small country like Sri …
CSE trading halted temporarily as S & P drops below 5-pct
Mar 12, 2020 (LBO) – Trading at Sri Lanka’s Colombo Stock Exchange (CSE) has been halted temporarily for 30 minutes following the S and P index …
Sri Lanka temporarily halts on-arrival visa for tourists
Mar 12, 2020 9LBO) – Sri Lanka’s Government has temporarily suspend the on-arrival-visa facility for foreign tourists until further notice as a …
SEC to take measures to support stock market
Mar 12, 2020 (LBO) – The Members of the Commission of the Securities and Exchange Commission of Sri Lanka (SEC) convened a special meeting Thursday to …
CSE recovers ASPI and S&P making gains during trading
Mar 12, 2020 (LBO) – The Colombo bourse recovered some of its losses after Wednesdays panic selling which led to the indices falling to an 8 year low, a …
President seeks public cooperation to fight COVID – 19
Mar 12, 2020 (LBO) – President Gotabaya Rajapaksa seeks cooperation of all sections of the society to stop the spread of COVID – 19 in Sri Lanka. The …
Largest participation of emerging designers at HSBC Colombo Fashion Week 2020
Mar 11, 2020 (LBO) – This season, CFW sees the highest participation of high potential Emerging Designers, a testimony to the development of the next …
Mobitel demonstrates 5G at One Galle Face Mall
Mar 11, 2020 (LBO) – Mobitel, a connectivity provider demonstrated the latest 5G connectivity at One Galle Face Mall recently. This event, a milestone in …
Fitch Ratings to review Sri Lanka national ratings assigned to tier 2 debt
Mar 11, 2020 (LBO) – Fitch Ratings will review the National Ratings assigned to the issues of Tier 2 debt of Sri Lankan banks and non-bank financial …
ICTA to use design thinking to increase usage of the LGN 2.0 within public sector
Mar 11, 2020 9LBO) – Citra Social Innovation Lab, facilitated a design thinking workshop on recommendations to increase usage of the Lanka Government …
![ICRA Lanka assigns [SL]A-rating for Prime Lands and Prime Residencies](https://www.lankabusinessonline.com/wp-content/uploads/2015/09/ICRA-lanka-rating.jpg "ICRA Lanka assigns [SL]A-rating for Prime Lands and Prime Residencies")
ICRA Lanka assigns [SL]A-rating for Prime Lands and Prime Residencies
Mar 11, 2020 (LBO) – Rating action ICRA Lanka Limited, Subsidiary of ICRA Limited, Group Company of Moody’s Investors Service has assigned the Issuer …
Opinion: Is life insurance an absolute necessity?
By Indu Attygala The global life insurance industry is estimated to have grown by around 3% in the past years. Much of this growth has been led by the robust …
Opinion: The cost of being a Sri Lankan woman
By Nishtha Chadha This year’s International Women’s Day theme is #EachforEqual – a concept grounded in the idea of ‘Collective Individualism’. …
Sri Lanka stocks close down
Mar 11, 2020 (LBO) – Following global markets, the Colombo Bourse took an expected beating Tuesday with both indices tumbling heavily during the initial …
CSE trading halted temporarily: Trading to re-commence by 10.12 am
Mar 10, 2020 (LBO) – Trading at Sri Lanka’s Colombo Stock Exchange (CSE) has been halted temporarily following the S and P index dropping below 5 …
SriLankan Airlines suspends flights to Kuwait : Qatar suspends travel to and from island
Mar 10, 2020 (LBO) – SriLankan Airlines has suspended its services between Sri Lanka and Kuwait from 6 March to 12 March. The move is following a …
Women in the workforce and why it matters for Sri Lanka: World Bank
To mark this year’s International Women’s day, we’re discussing how Sri Lanka can benefit from more women joining the workforce and what can be done …