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Sri Lanka ranked 89th in 2018 Corruption Perceptions Index
Jan 30, 2019 (LBO) – Sri Lanka is ranked 89th in the world and 3rd in South Asia, behind Bhutan (25th) and India (78th) with a score of 38 on the CPI 2018 retaining the same score from 2017.The 2018 Corruption Perceptions Index (CPI) released Tuesday by Transparency International reveals that the continued failure of most […]
Sri Lanka computer literacy at 27.5-pct: Digital literacy growing
Jan 30, 2019 (LBO) – Overall computer literacy reported in 1st half of 2018 for Sri Lanka is 27.5 percent, a new survey shows. This is an decrease of 0.8 percentage points from 2017 (1st half) to 2018 (1st half). When the digital literacy is considered two out of every five (aged 5 – 69) has […]
Web Development & Design Trends That Will Change the Digital Landscape In 2019
With every new year, arises the need for change. And yes, this also applies to the development and design of your website. If you are thinking about upping your web development offerings, you will have to incorporate the rising new website design, user interface and user experience (UI/UX) offerings as well. Because no matter how […]
Sampath Bank says ‘incident’ reported in media already corrected
Jan 29, 2019 (LBO) – Sampath Bank says they have already taken appropriate measures to correct what they called an ‘incident’ occurred several months ago, to ensure no recurrence. Referring to an article appeared on a website this morning that is being shared on social media about a financial irregularity, the bank said in a stock […]
ODEL’s ‘At Leisure’ Spring 2019 collection a nod to athleisure
Fashion and fitness morph in ODEL’s versatile new Spring 2019 collection that dares to envisage clothing that is equally suited for work, a walk or even a cocktail, in comfort, confidence and style. Titled ‘At Leisure,’ the collection rides on the zest of healthy and active living that has become an aspiration of the modern […]
Sri Lanka reserves at USD7.0Bn
Jan 29, 2019 (LBO) – Sri Lanka Governments’s gross official reserves stood at US dollars 7.0 billion which was equivalent to 3.7 months of imports at end November 2018, data shows. Total foreign assets, which consist of gross official reserves and foreign assets of the banking sector, amounted to US dollars 9.7 billion as at […]
Sri Lanka exports grow 4.1-pct USD980Mn in Nov 2018
Jan 29, 2019 (LBO) – Sri Lanka’s deficit in the trade account narrowed significantly in November 2018 (year-on-year) following a decline in import expenditure, the Central Bank said. Exports grew by 4.1 per cent while imports contracted by 9.1 per cent in November 2018 (year-on-year). “The deficit in the trade account narrowed significantly in November […]
Ground breaking ceremony kicks off construction for TRI-ZEN
Jan 29, 2019 9LBO) – John Keells Properties celebrated the beginning of construction for their newest development, TRI-ZEN, during a special groundbreaking ceremony recently. The groundbreaking ceremony was held in the presence of the Deputy Chairman and the Group Finance Director of John Keells Holdings PLC Gihan Cooray, President of John Keells Property Sector Suresh Rajendra, […]
PwC, Singapore Polytechnic to conduct two day course in AI & machine learning
Both, AI and Machine Learning have been recognised as important technological trends that are here to stay, in the backdrop of these technologies setting an important precedent in helping empower employees of a multitude of enterprises to add more value to their existing enterprises by increasingly empowering the automation of a number of procedures, from […]
DIMO walks Sri Lankan fashion industry to international ramps
Young Sri Lankan Fashion Star, Amesh Wijesekara has reached the international ramps of Mercedes-Benz Fashion Week Berlin, after his breakthrough appearance on the Mercedes-Benz Fashion Week (MBFW) Sri Lanka. Mercedes-Benz Fashion Runways in Sri Lanka is organized annually by the affiliation of two powerful corporates in their respective fields; Diesel & Motor Engineering PLC (DIMO) […]
An insight into Sri Lanka’s economic behaviour: NTB
Jan 28, 2019 (LBO) – Elaborating on the ‘Insight into Sri Lanka’s Economic Behaviour’, executive vice president – treasury and investment banking at Nations Trust Bank, Indrajith Boyagoda shares his views on Sri Lanka’s current economic circumstances and the role of banking in this environment. “It is of significant importance that, the global economy is […]
Sri Lanka Govt introduces more loans for 3-wheel owners and migrant workers
Jan 28, 2019 (LBO) – The Finance Ministry under the Enterprise Sri Lanka concessionary loan scheme is to introduce further concessionary loans to widen the schemes enabling the stake holders to move towards next generation economic activities in their areas of activities. Accordingly migrant workers will be given up to 10 million rupees concessionary housing loans […]