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Sri Lanka on alert for heavy rain, strong wind

Sri Lanka on alert for heavy rain, strong wind

Oct 22, 2019 (LBO) – The Department of Meteorology has issued a red advisory for heavy rain, strong wind and rough seas, today. The department says this …

October 22, 2019 | Other News | Read More
Farm Smart: Developing Sri Lanka’s agriculture sector in the 4IR

Farm Smart: Developing Sri Lanka’s agriculture sector in the 4IR

Manoj Thibbotuwawa and Nimesha Dissanayaka Rapid population growth has put tremendous pressure on the world’s agricultural systems to provide safe and …

October 21, 2019 | Agriculture, Economy, Featured, Opinion, Other | Read More
Challenges faced by SL’s real estate market; A direct reflection of the economy

Challenges faced by SL’s real estate market; A direct reflection of the economy

Oct 21, 2019 (LBO) – Real estate is one of the Sri Lanka’s major revenue-generating sources. The country’s post-war impressive growth has led this …

October 21, 2019 | Banking and Finance | Read More
Real-time online payment facility for BOI customers

Real-time online payment facility for BOI customers

Oct 21, 2019 (LBO) – The Board of Investment of Sri Lanka has taken another significant step forward where customers have the convenience of making their …

October 21, 2019 | Banking and Finance, Companies, General Services | Read More
ICRA Lanka revises outlook on issuer rating of BoC to negative

ICRA Lanka revises outlook on issuer rating of BoC to negative

Oct 21, 2019 (LBO) – ICRA Lanka Limited, subsidiary of ICRA limited, a group company of Moody’s Investors Service, has reaffirmed the issuer rating of …

October 21, 2019 | Banking and Finance, Companies, General Services | Read More
Emirates unveils special fares from Colombo to Mexico City

Emirates unveils special fares from Colombo to Mexico City

Travel enthusiasts in Sri Lanka seeking new destinations to conquer can visit Mexico City at a significant saving from 9th December, when Emirates commences …

October 18, 2019 | Aviation, In Pictures, Industry, Other | Read More
Colombo meeting presses for rationalization of areas of cooperation and adoption of a BIMSTEC Charter

Colombo meeting presses for rationalization of areas of cooperation and adoption of a BIMSTEC Charter

Rationalization of areas of cooperation of Bay of Bengal Initiative for Multi Sectoral Technical and Economic Cooperation (BIMSTEC) and draft Charter of the …

October 18, 2019 | In Pictures, Industry, Other | Read More
Uber Eats marks first anniversary as online sales grow

Uber Eats marks first anniversary as online sales grow

Oct 18, 2019 (LBO) – Uber Eats, an on-demand food delivery app, has delivered more than 3 million orders and completed its first successful year of …

October 18, 2019 | General Services, Industry | Read More
SriLankan Airlines clinches South Asia’s No 01 slot again

SriLankan Airlines clinches South Asia’s No 01 slot again

Oct 18, 2019 (LBO) – SriLankan Airlines was adjudged the ‘Leading International Airline’ in South Asia for the third consecutive year at the South …

October 18, 2019 | Aviation, Featured, Industry | Read More
Opinion: Cigarette smuggling in Sri Lanka, Hype vs. Reality

Opinion: Cigarette smuggling in Sri Lanka, Hype vs. Reality

By Harini Weerasekera In the run up to elections, Sri Lanka is once again witnessing various news activities highlighting how the government is losing revenue …

October 17, 2019 | Companies, Economy, Economy & Markets, General Services, Industry, Money, Policy | Read More
EU-Sri Lanka dialogue addresses issues concerning European investments and achieving results

EU-Sri Lanka dialogue addresses issues concerning European investments and achieving results

Oct 17, 2019 (LBO) – The Ministry of Development Strategies and International Trade hosted the 9th European Union – Sri Lanka investor dialogue, an …

October 17, 2019 | General Services, Industry, Trade | Read More
LankaPay, JCB International announce commercial roll-out of National card scheme

LankaPay, JCB International announce commercial roll-out of National card scheme

Oct 16, 2019 (LBO) – LankaClear (Pvt) Limited, the operator of LankaPay, Sri Lanka’s National payment network, together with JCB International Co., …

October 16, 2019 | Banking and Finance, Economy, Economy & Markets, Featured, Industry | Read More
Sri Lanka hosts first meeting of mangrove ecosystems and livelihood action group

Sri Lanka hosts first meeting of mangrove ecosystems and livelihood action group

Oct 16, 2019 (LBO) – The first meeting of the mangrove ecosystems and livelihood action group (MELAG) under the Commonwealth blue charter, was held …

October 16, 2019 | Environment, Featured, Other | Read More
SL calls for integrated , balanced approach for prevention of drug use and abuse

SL calls for integrated , balanced approach for prevention of drug use and abuse

Oct 15, 2019 (LBO) – Sri Lanka has called for an integrated and balanced approach in the prevention of drug use and abuse, noting that tackling this …

October 15, 2019 | Banking and Finance | Read More
Ten books to check out at Big Bad Wolf

Ten books to check out at Big Bad Wolf

Reading calls for exciting times, especially when you know that the World’s Biggest Book Sale is back to Colombo, Sri Lanka for the third consecutive year …

October 15, 2019 | In Pictures, Other | Read More
SL should prepare implementable electricity generation plans: Nishan de Mel

SL should prepare implementable electricity generation plans: Nishan de Mel

Oct 15, 2019 (LBO) – Sri Lanka should prepare implementable and consistent electricity generation plans incorporating PESTAL factors, global trends and …

October 15, 2019 | Featured, Industry, Power | Read More
Sri Lanka assures support to further the global disarmament agenda

Sri Lanka assures support to further the global disarmament agenda

Oct 14, 2019 (LBO) – Foreign Secretary Ravinatha Aryasinha has assured the UN high representative on disarmament Izumi Nakamitsu of Sri Lanka’s …

October 14, 2019 | Other News | Read More
Sri Lanka Retailer’s Association joins Asia counterpart

Sri Lanka Retailer’s Association joins Asia counterpart

Sidath Kodikara President of Sri Lanka Retailers’ Association (SLRA) and Murali Prakash, Vice president of SLRA attended the 19th Asia-Pacific Retailers …

October 11, 2019 | General Services, In Pictures, Industry, Other | Read More
Sri Lanka CB maintains policy rates unchanged

Sri Lanka CB maintains policy rates unchanged

Oct 11, 2019 (LBO) – Sri Lanka’s Monetary Board has decided to maintain the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility …

October 11, 2019 | Banking and Finance, Economy, Economy & Markets, Featured, Forex, Markets, Money, Policy | Read More
AmCham Sri Lanka launches “Meet the Candidate” series

AmCham Sri Lanka launches “Meet the Candidate” series

The American Chamber of Commerce in Sri Lanka announced the ‘Meet the Candidate’ series, at which the main Presidential Candidates will be hosted at a …

October 10, 2019 | In Pictures, Other, People, Politics | Read More
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