LVL Energy Fund 6-month profit exceeds previous full year profit
LVL Energy Fund PLC with an operational footprint covering Sri Lanka, Bangladesh and Nepal, recorded a strong financial performance in the first half of the …
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IFS celebrates 21 years of operations in Sri Lanka
IFS, the global enterprise applications company, is proud to be celebrating 21 years of operations in Sri Lanka. Having initially established its presence in …
Constitutional Crisis – Samantha Power says targeted sanctions should be on the table
November 10, 2018 (LBO) – Former United States Ambassador to the United Nations and human rights expert Samantha Power has taken an aggressive stance …
Pathway to membership of CA ANZ available for members of CA Sri Lanka
The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) and the Chartered Accountants Australia & New Zealand (CA ANZ) signed a landmark …
Anura Priyadharshana Yapa assumed duties as State Minister of Finance
Anura Priyadharshana Yapa assumed duties as the Minister of State for Finance at the finance ministry, Friday. Minister of Finance and Economic Affairs, Prime …
Sri Lanka’s Watawala Plantations records PAT of Rs.554Mn
Nov 09, 2018 (LBO) – Watawala Plantations PLC reported a profit after tax (PAT) of 554 million rupees for the six months ended 30 September 2018. The …
Sri Lanka tea prices mixed in Oct 2018
Nov 09, 2018 (LBO) – Sri Lanka’s low growns teas continued to meet with good demand, whilst high and mid grown small leaf teas continued to witness …
US President Donald Trump sacks Attorney General
Nov 08, 2018 (LBO) – US President Donald Trump has sacked his Attorney General Jeff Sessions, a day after the Republicans lost control of the lower house of …
Nestlé opens third milk chilling centre in Mannar district
(PRESS RELEASE) – Continuing its strong dairy development drive in the country, Nestlé has opened its third milk chilling centre in the Mannar …
Sri Lanka Public Services Trade Union asks Speaker to act on parliamentary majority
Nov 09, 2018 (LBO) – The Public Services National Trade Union Federation called on Speaker Karu Jayasuriya to go along with the 116 legislators who …
CA Sri Lanka renews agreement with CPA Australia
The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) renewed the Mutual Recognition Agreement (MRA) with CPA Australia recently, in an effort to …
CSE & GRI announce next round of workshops for listed companies
The Colombo Stock Exchange (CSE) announces the next round of workshops on corporate transparency and sustainability to be conducted in partnership with the …
Democrats retake House, Republicans retain Senate in US midterm elections
Nov 07, 2018 (LBO) – Democrats will seize the control of the lower house of Congress in midterm elections while Trump’s Republicans will retain control …
Allianz tops Dow Jones Sustainability Index 2018
Sector leader in prestigious sustainability rating with 85 out of 100 points, second time in a row Best in sector in climate strategy, human capital …
Emirates takes Sri Lanka’s popular culture to the skies
There’s nothing quite like watching a movie in one’s own language, or listening to the music of a favourite local artist to feel at home even at 35,000 …
AIA Insurance partners with Sampath Bank to facilitate premium payments
AIA Insurance Lanka has entered into a strategic partnership with Sampath Bank on insurance premium payments to enhance customer convenience. Appointing …
Parliament to be reconvened on Wednesday not Monday
Nov 02, 2018 (LBO) – Sri Lanka’s Parliament will be reconvened on Wednesday the 7th of November and not Monday as earlier scheduled, the speaker has been …
US, Japan, France, Afghanistan new Ambassadors present credentials to President
Nov 01, 2018 (LBO) – New Ambassadors of the United States, Japan, France, and Afghanistan have presented credentials to President Maithripala Sirisena today …
PropertyGuru doubles down on Southeast Asia with funding round
(PRESS RELEASE) Group bolsters its regional leadership with the new funding and full consolidation of Vietnam’s No. 1 property portal, Batdongsan.com.vn …