Individual incidents shouldn’t be used to attack entire Judiciary: BASL
Jan 17, 2020 (LBO) – Bar Association of Sri Lanka emphasizes that individual incidents cannot be permitted to be used to attack the entire judiciary as the …
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Planters’ Association urges policy makers to make final decision on oil palm cultivation
Jan 17, 2020 (LBO) – Planters’ Association of Ceylon urges policy makers to urgently convene a meeting of all stakeholders in order to make a final …
US-China deal helps world growth stabilise; uncertainties persist: Fitch
Jan 17, 2020 (LBO) – The signing of the US-China “Phase One” trade deal will boost business confidence and supports our view that global economic …
Masatsugu Asakawa assumes office as President of Asian Development Bank today
“I am honored to assume the role of ADB President and to begin working in close cooperation with our 68 member countries. ADB has been a trusted partner …
Mobitel & ‘CareerMe’ takes on career guidance for students, teachers and parents
Reiterating its pledge in leading Sri Lanka towards an info com and knowledge rich society, Mobitel, Sri Lanka’s National Mobile Service provider, has …
Daraz partners with department of Samurdhi development to uplift rural entrepreneurs
Daraz Sri Lanka partners with the Department of Samurdhi Development to enhance the economic engagement and success of small-scale entrepreneurs in rural Sri …
Cabinet nod to increase estate worker daily wage to 1,000 rupees
Jan 15, 2020 (LBO) – Sri Lanka’s Cabinet of Ministers have decided that the minimum daily wage of estate workers to be 1,000 rupees with effect from …
Crystal Property Group raises Rs180mn equity investment from Singapore firm
Crystal Property Group Pvt Ltd (CPG), developers of Sri-Lanka’s first boutique condo hotel Crystal Sands – Villas in the Sky (www.crystalsands.lk) …
US-Iran tensions: Sri Lanka urges all parties to act with utmost restraint
Jan 06, 2020 (LBO) – Sri Lanka urges all parties to act with utmost restraint and maintain peace and security through constructive dialogue in order to …
Hong Kong based CMPort expands its global footprint in terminal operations
China Merchants Port Holdings (CMPort) and French Container Shipping Company, CMA CGM, entered into the Master Agreement which will see their jointly-owned …
Mobitel offers attractive data plans for YouTube, Facebook and WhatsApp
Understanding the rapid demand for videos, Mobitel has announced the launch of its latest proposition, offering both Pre-Paid and Post-Paid customers to stream …
Richard Quest to feature Sri Lanka on CNN Business Traveller program
Jan 03, 2020 (LBO) – Global media icon Richard Quest will feature Sri Lanka and its recovery efforts post-Easter Sunday terror attacks on the latest edition …
Sri Lanka tea exports up in Nov 2019
Jan 02, 2020 (LBO) – Sri Lanka tea exports for November 2019 totalled 21.9 M/kgs, showing a marginal gain of 0.6 M/kgs vis-à-vis 21.3 M/kgs of November …
2020 New Year celebrations around the world (VIDEO)
Jan 01, 2020 (LBO) – Major cities around the world kick-started the New Year with firework displays, dazzling performances, and shows. As the last revellers …
Plastics & Rubber Institute signs MOU with Institute in Singapore
The Plastics and Rubber Institute of Sri Lanka has signed an MOU with the Plastics and Rubber Institute of Singapore. This was announced by the President of …
Canada supports women’s rights organizations in Sri Lanka
Dec 24, 2019 (LBO) – The High Commission of Canada to Sri Lanka together with the Asia Foundation launched their flagship development initiative in Sri Lanka …
First Capital wins Silver – Investment Banking Category at Annual Report Awards
First Capital Holdings PLC, the only listed investment bank in Sri Lanka, won the Silver Award under the newly introduced industry category “Investment …
‘Revitalized Africa Policy’ to guide Sri Lanka’s engagement with Africa
Dec 20, 2019 (LBO) – Foreign Secretary Ravinatha Aryasinha has said the operationalization of the recently developed ‘RevitalizedAfrica Policy’, …
Colombo Coffee Company receives Rs100Mn investment from Akbar Brothers
Colombo Coffee Company (CCC), Sri Lanka’s largest coffee solutions provider and café operator, reached an agreement with Akbar Brothers for a LKR 100Mn …
President inspects Narahenpita Economic Centre
President Gotabaya Rajapaksa went on an inspection tour in the special economic centre in Narahenpita yesterday evening (18). President paid attention to the …