Global GDP forecast revised up modestly as recovery surprises: Fitch Ratings
Sep 08, 2020 (LBO) – Fitch Ratings in its latest Global Economic Outlook (GEO) released Monday expects global GDP to fall by 4.4% in 2020, a modest upward …
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President removes tax imposed on gem & jewelry industry; Rs.1Mn loan at 4-pct interest
President Gotabaya Rajapaksa decides to remove the 14% income tax imposed on the profit earned by the gem and jewelry manufacturers and the 15% tax on gold …
SLT Group to improve connectivity at the Lankagama-Neluwa village
Following the President’s visit to the Lankagama-Neluwa village on 29th August 2020, where he stated that he will direct the SLT Group to provide a solution …
UNDP: COVID-19 will widen poverty gap between women and men
Sep 04, 2020 (LBO) - The COVID-19 crisis will dramatically increase the poverty rate for women and widen the gap between men and women who live in poverty, …
US warns countries to guard against China Communications Construction Company
Sep 04, 2020 (LBO) – The United State hopes countries will examine their dealings with China Communications Construction Company (CCCC) to guard against the …
United States donates 200 ventilators to support Sri Lanka’s response to COVID-19
Sep 02, 2020 (LBO) – The United States Government, through the U.S. Agency for International Development (USAID), has donated 200 brand-new, state-of-the-art …
Opinion: Importance of nurturing the condominium industry in Sri Lanka
By Blue Ocean Group of Companies The real estate and construction industry in Sri Lanka is one of the major revenue-generating sources with its growth or …
SriLankan Airlines continuous to fly to selected international destinations
SriLankan Airlines says that the airline continues to fly to selected international destinations including Italy- Milan, United Kingdom-London, Japan – …
President plans to promote Kitul and Palmyra into main export crops
President Gotabaya Rajapaksa revealed his intention to develop Kitul(Fishtail Palms) and Palmyra Palms plantation into main export crops of Sri Lanka in order …
JICA completes development of island wide sewerage master plan
Aug 26, 2020 (LBO) – Japan International Cooperation Agency (JICA) has extended support for the development of Sewerage Master Plan to the National Water …
Opinion: How can Sri Lanka’s democracy be gender-inclusive?
By Sathya Karuarathne Sri Lanka’s general election dawned at a crucial time of extreme uncertainty and precariousness. The island’s political, social, and …
CCC & PwC Sri Lanka to host awareness webinar on Real Estate Investment Trusts
The Ceylon Chamber of Commerce and PwC Sri Lanka will be jointly hosting an awareness webinar on the Real Estate Investment Trusts (REITs) Framework. Real …
Commercial Bank launches a Credit Card exclusively for SMEs
The Commercial Bank of Ceylon has given fresh expression to its commitment to Small & Medium Enterprises (SMEs) with the launch of an exclusive Credit Card …
Acting Ambassador for China calls on State Minister Ajith Nivard Cabraal
Acting Ambassador for China Hu Wei led a Delegation on a courtesy call on the State Minister Ajith Nivard Cabraal at the Finance Ministry this morning …
Oil Palm industry calls for urgent engagement with Govt. over-cultivation ban
Aug 24, 2020 (LBO) - The Palm Oil Industry Association (POIA) has said in a statement that while it respects the decisions relating to the industry contained …
Digging of new Mutwal Storm Water Drainage Tunnel completed helping Colombo flood control
Aug 21, 2020 (LBO) – The breakthrough ceremony of the new Mutwal Storm Water Drainage Tunnel was held today under the patronage of State Minister of Urban …
State Minister Tharaka Balasuriya reiterates need to reinforce ties with Asia
Aug 19, 2020 (LBO) – State Minister of Regional Co-operation Tharaka Balasuriya highlights the importance of regional cooperation within Sri Lanka’s …
Finetech recognized as Google Expertise Partners for Work Transformation & Google Meet
Finetech, the Google Premier Partner for Sri Lanka, Maldives and Bangladesh has been recognized by Google as an Expertise Partner in the areas of Work …
HNB & People’s Bank partner with Sanken Group to finance Capitol TwinPeaks to completion
Hatton National Bank (HNB) and People’s Bank together with the Sanken Group signed an agreement, on 12th August 2020, to ensure balance funding, for the …
Minister of Justice Ali Sabry commences his duties
President's Counsel, Ali Sabry commenced his duties as the Minister of Justice at the Ministry of Justice this afternoon