Commercial Bank wins 19th global finance ‘Best Bank in Sri Lanka’ award

(PRESS RELEASE) The Commercial Bank of Ceylon has been adjudged Sri Lanka’s Best Bank in 2019 by the USA-based Global Finance magazine, giving the Bank its 19th such accolade from this entity alone. Global Finance’s just released list of ‘Best Banks in Asia Pacific 2019’ names Commercial Bank in a pantheon of banking giants of […]

Sri Lanka GDP grows 3.2-pct in 2018

Mar 21, 2019 (LBO) – The Department of Census and Statistics (DCS) releasing the estimated Gross Domestic Product (GDP) data said the islands economic growth rate for the year of 20 18 has been estimated as 3.2 percent. The GDP  for Sri Lanka for the year of 20 18 (January to December) at constant (2010) price […]

Diplomats wax eloquent at DailyFT Fireside Chat

March 20, 2019 (LBO) – The business community in Colombo on Tuesday evening was geared up for 2019’s fireside chat organised by the DailyFT and the International Chamber of Commerce (ICC). 2019’s event in a packed Hilton Ballroom came after 2018’s successful event which featured Sri Lanka’s biggest businessmen. Last year’s event made headlines and […]

EU-Sri Lanka investor dialogue discusses liberalization of shipping sector 

Mar 18, 2019 (LBO) – The 8th EU-Sri Lanka investor dialogue was held at the Ministry of Development Strategies and International Trade and many outstanding matters were resolved through dialogue and the joint efforts of the two sides. “I am very pleased that we have made considerable progress in resolving outstanding issues and building up our […]

President to launch National Action Plan for combating bribery and corruption today

Mar 18, 2019 (LBO) – Sri Lanka’s President Maithripala Sirisena will launch a National Action Plan for combating bribery and corruption, Monday. Four handbooks will also be released alongside the launch which will explore the factors that would shape the course of combating bribery and corruption in the nation. The handbooks are: draft proposal on gift […]

Annasi accharu for American Ambassador on Galle Face Green

March 17, 2019 (LBO) – Sri Lanka’s most prominent foreign envoy, United States Ambassador Alaina Teplitz has taken the time to sample Sri Lankan street food on Galle Face Green.The Ambassador tweeted about her experience which generated the whole gamut of responses.Some hailed her for her down to earth adventurous spirt for sampling street food. […]

Sri Lanka estate workers daily wage hiked to Rs. 800 from April 01st : Fin Min

Mar 13, 2019 (LBO) – Sri Lanka’s Finance Minister said estate workers will receive a 800 rupees daily wage from the present 700 rupees from April 01st 2019. ‘They will receive Rs. 50 daily allowance form April 01st for the next 12 months,’ he told reporters in Colombo a short while ago. ‘The wage which […]

Pakistan High Commissioner briefed Speaker on security situation in region

High Commissioner of Pakistan, Major General (R) Dr.Shahid Ahmad Hashmat paid a courtesy call on Speaker, Karu Jayasuriya on March 7, 2019. The High Commissioner apprised the Speaker on the prevailing situation in the region. He underscored Pakistan’s commitment to peace and stability in the region. Highlighting the repeated overtures by the Prime Minister of […]

Sri Lankan Marini de Livera honored with Intl. Women of Courage Awards 2019

Ten extra ordinary women from around the world were honored with International Women of Courage Awards ( IWOC ) 2019 at the US State Department on 07th March 2019.Sri Lankan Marini de Livera was among the awardees from Bangladesh, Burma, Djibouti, Egypt, Jordan, Montenegro, Peru, Tanzania and Ireland who were felicitated by the State Department. […]

‘s Day

In recognition of International Women’s Day, SriLankan Airlines operated its first all-female crew flight from Colombo to Singapore and return.UL306 of 8th March ’19 landed in Singapore carrying more than 170 passengers onboard. The flight was piloted by Captain Simran Ghumman, First Officer Maneesha Nambuge accompanied by purser Miranda Rodrigo and the cabin crew – […]

Pakistan High Commissioner meets Opposition Leader Mahinda Rajapaksa

High Commissioner of Pakistan, Major General (R) Dr. Shahid Ahmad Hashmat paid a courtesy call on Opposition Leader of Sri Lanka, Mahinda Rajapaksa on March 6, 2019. The High Commissioner briefed him on the latest security situation in the region.He underscored Pakistan’s desire for peace and stability in the region and resolution of all issues […]

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