Tripartite MOU signed between BOI, EDB & Business France to enhance trade

A Memorandum of Understanding was signed between the Board of Investment of Sri Lanka, the Export Development Board of Sri Lanka and Business France today.Mr. Dumindra Ratnayake, Chairman of the BOI, Mrs.Indira Malwatte, Chairperson of the EDB and Ms Sophie Clavelier, Head of Business France, South Asia, signed the MOU on behalf of the respective […]

British High Commissioner to Sri Lanka visits LSEG Sri Lanka

A delegation led by British High Commissioner to Sri Lanka and Ambassador to Maldives, H.E. James Dauris visited London Stock Exchange Group (LSEG) Sri Lanka at the Group’s facility in Trace Expert City, Colombo 10. The High Commissioner was welcomed by Dee Liyanwela, Head of LSEG Sri Lanka along with members of the leadership team. […]

Ambeon Holdings announces an interim dividend of 1.25 rupees per share

Subsequent to the transformation and repositioning of the Ambeon Group, which included restructuring of its diversified businesses to bring about collective focus, optimize investments and increase shareholder value, Ambeon Holdings PLC announced today of an interim dividend to all its shareholders. The total dividend payout announced is LKR 446 million translating into LKR. 1.25 per […]

Sri Lanka to bring down Chinese suppliers who supply canned fish with worms

Stepping in and mediating on time, Sri Lanka has successfully turned around the issue of spoilt canned fish imports muddle following in-depth and multi-level talks with all the key stakeholders in Colombo on 10 July. “We invite a canned fish supplier delegation from China to Sri Lanka for discussions” said the Minister of Industry and […]

”’ voted best Booker Prize winner in history

July 10, 2018 (LBO) – Sri Lankan born Michael Ondaatje’s novel “The English Patient” has been voted the best Man Booker Prize winner ever in the 50 year history of the award. Many of Ondaatje’s works have Sri Lankan subject matter or influence giving his writings a deep connection to the island where he spent […]

World Finance Banking Awards recognize Sampath Bank as Best Retail and Commercial Bank

Sampath Bank was recognized as Sri Lanka’s ‘Best Retail Bank’ and ‘Best Commercial Bank’ for the 5th consecutive year at the prestigious World Finance Banking Awards awarded by UK based World Finance magazine. Continuing to win accolades both within the island and around the world, the Bank has reigned supreme at this forum, bringing home […]

Udaya Seneviratne assumes duties as Presidents secretary

Jul 06, 2018 (LBO) – Sri Lanka’s President Maithripala Sirisena has appointed Udaya Seneviratne as his new secretary following the resignation of Austin Fernando. “Mr. Udaya R. Senaviratne assumed duties as Secretary to the President this afternoon (Friday) at the Presidential Secretariat,” the Presidents media unit tweeted. He worked as the Secretary of the Ministry of science […]

Pradeep Moraes of Altair named Sri Lanka Real Estate Personality of the Year

The PropertyGuru Asia Property Awards (Sri Lanka) competition, which is being held for the very first time in Colombo on 12 July 2018, has chosen its first-ever Sri Lanka Real Estate Personality of the year. Pradeep Moraes, director at Indocean Developers – the company behind the twin tower Altair, designed by celebrated architect Moshe Safdie […]

‘s farewell speech

July 6, 2018 (LBO) – Secretary to the President and lifelong public servant Austin Fernando’s farewell speech reproduced in full from the Colombo Telegraph: Born on 12th June 1942, having had my primary education at Hikkaduwa Sinhala School, post-primary education at Richmond College, Galle, I was admitted to University of Ceylon, Peradeniya in July 1960. […]

Janashakthi and ayubo.life partner to spread the benefits of wellness

Revolutionizing Insurance consumption, Janashakthi Life is partnering with ayubo.life to provide their corporate policyholders with the renowned benefits of wellness. Understanding that preventative measures yield better healthcare results over the long term, Janashakthi Insurance has made this revolutionary service available to their corporate policyholders, ensuring that companies are able to remain competitive in the modern […]

CA Sri Lanka, CMA & AAT unveils ‘Creating a Profession Par Excellence’

Global accounting body president in high praise of Sri Lankan accounting bodies President of the International Federation of Accountants (IFAC), Ms. Rachel Grimes praised the country’s top three local accounting bodies; CA Sri Lanka, CMA Sri Lanka and AAT Sri Lanka for coming together to strengthen the profession by launching the ‘Creating a profession Par […]

Sri Lanka retains Tier 2 ranking in US Trafficking in Persons Report

July 05, 2018 (LBO) – Sri Lanka retained its Tier 2 ranking in the US State Department Trafficking in Persons (TIP) Report for the second consecutive year, according to the 2018 report released recently. The TIP report 2018 states that the Government of Sri Lanka demonstrated increasing efforts compared to the previous reporting period and […]

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