Delegation from State Department observes US funded demining activities
A delegation from the U.S. Department of State’s Office of Weapons Removal and Abatement visited Sri Lanka from October 8 to 12, 2018 to observe U. online …
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Sri Lanka’s first national SME study calls for apex Commission & licensing agency
Sri Lanka’s first ever nation-wide study on the country’s SMEs recommend an apex SME Advisory Commission integrating the three top national SME …
Ambassador Gunasekera pays farewell calls on dignitaries of Korean government
On completion of tenure as the Ambassador of Sri Lanka to the Republic of Korea, Ambassador Manisha Gunasekera paid farewell calls on high level dignitaries of …
Smuggled Cigarettes: A challenge to Govt.’s revenue and health objectives
(RIU) -Sri Lanka is one of the first middle-income countries to adopt a strong tobacco control policy. The country ratified the Framework Convention on …
Two Sri Lankan Fintech startups win gold & merit at Asia Pacific ICT Alliance awards
The 18th Asia Pacific ICT Alliance (APITCA) awards 2018, which was held in Guangzhou, China from the 10th to 14th October, named DirectPay as the overall …
Fitch publishes Cargills Bank’s first-time ‘BB(lka)’ rating; outlook stable
Fitch has published Sri Lanka-based Cargills Bank Ltd's (CBL) National Long-Term Rating of 'BB(lka)' with a Stable Outlook. KEY RATING DRIVERS NATIONAL RATINGS …
High Court issues interim order against Dr. Ali Gulamhusein and Malayandi Jeyapragash
October 19, 2018 (LBO) - Colombo Stock Exchange (CSE) listed Ceylon & Foreign Trades (CFT) recently released a disclosure with regard to its legal matters. …
ICRA Lanka upgrades issuer rating of Softlogic Holdings
Rating action ICRA Lanka Limited, subsidiary of ICRA Limited, a group company of Moody’s Investors Service has upgraded the issuer rating of Softlogic …
Western Union & Sampath Bank offer international money transfer services in Sri Lanka
(PRESS RELEASE) - Western Union, a leader in cross-border, cross-currency money movement and Sampath Bank, one of Sri Lanka’s leading private commercial …
Opinion: Khashoggi Killing – Imagine if Sri Lanka had done it
October 16, 2018 (LBO) - Imagine a team of 15 highly trained Sri Lankan intelligence operatives board a private plane and embark on a journey to Istanbul, one …
Sri Lanka DoC in breakthrough entry to world’s largest retail market
Sri Lanka’s Department of Commerce (DoC) has reported the country’s largest ever global trade linkage for Sri Lankan exports sector so far on 16 October in …
Microsoft co-founder Paul Allen dead at 65, net worth of $ 20bn, never married, no children
October 16, 2018 (LBO) - One of the worlds richest people, Paul Allen has died of cancer at age 65. He leaves behind no wife or children, and is survived by …
Sri Lanka successfully launches a platform to define the Indian Ocean’s future
Oct 15, 2018 (LBO) - Sri Lanka's Prime Minister Ranil Wickremesinghe,highlighted the need to maintain freedom of navigation and freedom of digital connectivity …
Full Supreme Court decision on Duminda Silva appeal published
October 14, 2018 (LBO) - The full Supreme Court decision on the Duminda Silva appeal case has been published. It was a unanimous decision of a five judge …
President appoints and CC approves Judge Nalin Perera as the 46th Chief Justice of Sri Lanka
October 13, 2018 (LBO) - President Maithripala Sirisena has appointed and the Constitutional Council has confirmed the new 46th Chief Justice (CJ). The …
Global sporting retailer, Decathlon, opens 1st store at Battaramulla
Opening up a whole new world of sports innovation for Sri Lanka, Decathlon Sri Lanka has launched its first store at Battaramulla on 13th October 2018, located …
Developing economies of G-24 call for global action to contain risks
Oct 11, 2018 (LBO) – Concern over rising risks to emerging market economies were center stage this week as global Finance Ministers and Central Bank …
Need for accountants to leap forward takes centre stage at CA Sri Lanka National Conference
As disruption becomes part and parcel in today’s continuously evolving world, the increasing need for Chartered Accountants to boldly leap forward, if they …
MillenniumIT announces transition of organisation’s name to LSEG Technology
MillenniumIT, a part of London Stock Exchange Group (LSEG) today announced the transition of the organisation’s name to LSEG Technology. As a leading global …
US Embassy launches cultural heritage preservation project in Jaffna
Oct 10, 2018 (LBO) – US Embassy recently launched a two-year project to preserve pre-historic artifacts in the collection of the University of Jaffna. The …