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Discussion on Colombo Port City: Potential growth impact for Sri Lanka
The Lakshman Kadirgamar Institute of International Relations and Strategic Studies (LKI), is set to discuss the topic of “Port City Special Economic Zone – A Catalyst for Modern Services in Sri Lanka” on Thursday, 04 June 2020, during a webinar titled “Colombo Port City: Potential growth impact for Sri Lanka” hosted by PwC Sri Lanka. […]
SEC approves rules for digitalization of Colombo Stock Market
Jun 02, 2020 (LBO) – The Securities and Exchange Commission of Sri Lanka (SEC) has approved amendments to the Stockbroker Rules, Central Depository Systems (CDS) Rules and Listing Rules submitted by the Colombo Stock Exchange (CSE), which will enable the stock market to transition from a paper-based to an electronic-based environment. Under the amended rules, […]
ComBank awarded its 20th ‘Best Bank in Sri Lanka’ title by Global Finance
The Commercial Bank of Ceylon has been declared Sri Lanka’s Best Bank in 2020 by the US-based Global Finance magazine, an accolade the Bank wins for the 20th time in the 27 years that Global Finance has presented awards to the world’s best banks. Global Finance’s just-released list of the 28 Best Banks in Asia […]
MillenniumIT ESP launches HealthVision – a Remote Patient Management System
MillenniumIT ESP – one of Sri Lanka’s leading Systems Integrator and Information Systems providers – recently launched HealthVision – a web enabled, mobile responsive remote patient monitoring platform for medical personnel and care givers. This latest solution enables them to connect with their patients from a remote location, record their details regarding health and safety […]
VIDEO: When is a pandemic over?
Explore the three strategies governments and communities can use to contain and end a pandemic, and find out which method is best. Consider the following scenario: a highly infectious, sometimes deadly respiratory virus infects humans for the first time.It spreads rapidly worldwide, and the WHO declares a pandemic.The death toll starts to rise and everyone […]
Criminal operations by underworld drug mafia from prisons must end: President
Jun 02, 2020 (LBO) – President Gotabaya Rajapaksa has emphasized that crimes operated by underworld kingpins and drug mafia from prisons must be put to an end without delay. Specific information relating to criminal activities and drug peddling operated from prisons have been received. The general public is appalled by this situation, President said. “This […]
Sri Lanka export earning drop 42.3-pct in Mar 2020
Jun 02, 2020 (LBO) – The deficit in the trade account narrowed in March 2020 to US dollars 549 million, from US dollars 592 million in March 2019, as the decline in imports in value terms exceeded the decline in exports, the Central Bank said. However, on a cumulative basis, the trade deficit widened to […]
ICTA denies alleged irregularities alluded to by Dr. Weerawarana
Jun 01, 2020 (LBO) – ICTA categorically denies the alleged irregularities alluded to by Dr. Sanjiva Weerawarana and is considering what actions it should take in this regard. There has been a great deal of speculation subsequent to his blog post, dated 30th May 2020, both in the mainstream and social media, as to the […]
How can we adjust our capitalist system to face post COVID-19 challenges?
An article by Tharaka Balasuriya With the chaos resulting from Covid 19, many have questioned the effectiveness of the neoliberal economic model. A debate about the negative impacts of the open economic system has been on going in Sri Lanka ever since the introduction of free market reforms in 1977. Although successive governments have experimented […]
SLT Rainbowpages.lk further boost businesses in the post Covid-19 era
SLT Digital Info Services (Pvt) Ltd (SLTDS), the Digital Marketing and Directory Information Services arm of Sri Lanka Telecom PLC (SLT), is proud to announce that it’s SLT RAINBOW PAGES (RBP) national business directory information search facility has been improved tremendously, both in online and offline mediums. As a result of the technological advancement in […]
PM MR sworn in as Minister of Community Empowerment, Estate Infrastructure Development
Jun 01, 2020 (LBO) – Prime Minister Mahinda Rajapaksa was sworn in as the new Cabinet Minister of Community Empowerment and Estate Infrastructure Development before President Gotabaya Rajapaksa at the Presidential Secretariat, today (01). With the demise of Minister Arumugam Thondaman, the ministerial portfolio fell vacant. Secretary to the President, P.B. Jayasundera was also present […]
ComBank raises another Rs.10Bn to support COVID-19 affected SME exporters
Jun 01, 2020 (LBO) – The Commercial Bank of Ceylon has announced the commitment of approximately Rs 10 billion to a Bank-funded COVID-19 Support Loan Scheme to assist affected SME enterprises. This assistance would be in addition to the working capital loans scheme implemented under a credit line provided by the Central Bank of Sri […]