CA Sri Lanka Techno Fair 2019 to unveil digital technologies for businesses
With the onset of the fourth industrial revolution, and with businesses increasingly embracing technology to become more efficient and sustainable, the …
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EU issues statement on Sri Lanka’s communal violence
May 17, 2019 (LBO) – The Delegation of the European Union (EU) issuing a joint statement said they were concerned about the recent incidents of communal …
DFCC maintains profitability under volatile market conditions
DFCC’s Total Assets grew by LKR 15,652 million to LKR 390,560 million DFCC recorded Tier 1 and total capital adequacy ratios of 10.34% and 15.45% …
Samsung customers can binge on free K-POP & other content via My Galaxy App
In exciting news for Samsung Galaxy customers, K-POP content is now available FREE on My Galaxy App on Samsung Galaxy smartphones. Increasing in popularity …
Sampath Bank’s Net Interest Income up by 23-pct in Q1 2019
Sampath Bank reported a net interest income of Rs. 10.2 Bn for Q1 2019 reflecting a noteworthy growth of 23.2% over the figure reported in Q1 2018, a …
HNB launches its own digital wallet and payment app, Solo eWallet
Laying the foundation for a comprehensive digital payment ecosystem in Sri Lanka, the country’s most innovative bank, Hatton National Bank PLC, announced …
USD 70mn loan facility from IDA to strengthen services of Local Govt Authorities
The International Development Association (IDA) of the World Bank has provided a loan facility of USD 70 million to strengthen the service provided by 134 …
US-China trade tensions: Fitch says further tariff escalation would hamper global growth
May 13, 2019 (LBO) – The US decision to increase tariffs to 25 percent on an additional 200 billion dollars of imports from China marks a significant …
Justice Minister rejects claims that US diplomat interfered with Sri Lankan Judiciary
May 13, 2019 (LBO) – Sri Lanka’s Justice Minister Thalatha Athukorale yesterday condemned the allegations made by Udaya Gammanpila in Parliament that a …
Macquarie CEO Shemara Wikramanayake’s pay tops $ 18mn
May 12, 2019 (LBO) – Shemara Wikramanayake, CEO of global investment bank Macquarie, earned over $18mn in the last fiscal year. Her total annual …
Five key policy lessons from the terror attacks in Sri Lanka
By: Ganeshan Wignaraja Over 250 people died in last month’s IS-linked Easter bombings in Sri Lanka, making it one of the worst terror attacks since …
Nirj Deva seeking a 5th term in the European Parliament
May 11, 2019 (LBO) – Niranjan Deva Aditya, more commonly known as the Hon. Nirj Deva, is seeking a fifth term in the European Parliament elections …
Softlogic Restaurants ranked among Asia’s Best Workplaces in 2019
Softlogic Restaurants Pvt Ltd., part of the Softlogic group of companies, and the Master Franchisee in Sri Lanka for global brands Burger King, Baskin-Robbins …
Sri Lanka’s National tea sales average down in April 2019
May 09, 2019 (LBO) – Sri Lanka’s tea sales for the month of April 2019 showed a decrease when compared with the same period last year, a new …
Suwa Seriya ambulance service launches 1990 Mobile App
May 08, 2019 (LBO) – The “1990 Suwa Seriya” pre-hospital care ambulance service today launched its new Emergency Dispatch Management (EDM) System and …
CA Sri Lanka Library goes digital giving professionals & students 24/7 access
The library of the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) heralded a new era in digital transformation last week, as it launched its …
SriLankan appoints new Chief Commercial Officer & Chief Financial Officer
SriLankan Airlines, the National Carrier of Sri Lanka and a member of the prestigious oneworld alliance, has appointed Mr. Joshua Bustos as its Chief …
PwC supports next generation of family businesses via NextGen 2019
During a period of extraordinary transformation, how can the next generation of family businesses play a role in tackling digital disruption and rapid …
UK Security and Economic Crime Minister visits Sri Lanka
The UK Minister for Security and Economic Crime, Ben Wallace, is returning from Sri Lanka following a two-day visit. The Minister, who arrived on Thursday 2 …
UN Under-Secretary General meets PM; pledges support
May 02, 2019 (LBO) – The Under-Secretary General of the United Nations Miguel Angel Moratinos visited Sri Lanka and paid a courtesy call on the Prime …