Tag: lbo
President seeks public cooperation to fight COVID – 19
Mar 12, 2020 (LBO) – President Gotabaya Rajapaksa seeks cooperation of all sections of the society to stop the spread of COVID – 19 in Sri Lanka. The country will have to face disastrous consequences if we behave in an irresponsible manner, the President emphasizes. Many countries in the world have been affected by the […]
Largest participation of emerging designers at HSBC Colombo Fashion Week 2020
Mar 11, 2020 (LBO) – This season, CFW sees the highest participation of high potential Emerging Designers, a testimony to the development of the next generation of designers will be showcased on 19th March. The showcase will be held at the spectacular 35th floor of One Galle Face Tower, overlooking the magnificent cityscape of Colombo. […]
Mobitel demonstrates 5G at One Galle Face Mall
Mar 11, 2020 (LBO) – Mobitel, a connectivity provider demonstrated the latest 5G connectivity at One Galle Face Mall recently. This event, a milestone in the history of broadband in the region, was graced by Oshada Senanayake, Director General of the Telecommunications Regulatory Commission of Sri Lanka (TRCSL), Rohan Fernando, Chairman of SLT and Mobitel […]
ICTA to use design thinking to increase usage of the LGN 2.0 within public sector
Mar 11, 2020 9LBO) – Citra Social Innovation Lab, facilitated a design thinking workshop on recommendations to increase usage of the Lanka Government Network 2.0 (LGN 2.0) within the public sector. The LGN 2.0, provided by the Information and Communication Technology Agency (ICTA), is a secure, private network that aims to connect all government organizations […]
UNDP partners Facebook to support youth innovation and entrepreneurship
Today’s generation of adolescents and youth stands at 1.8 billion people – the largest our world has ever seen. Most of these young people live in developing countries. The energy, enthusiasm, and innovation of this large youth generation can bring a huge demographic dividend to countries and to our world. In this context, Facebook recently […]
ICRA Lanka assigns [SL]A-rating for Prime Lands and Prime Residencies
Mar 11, 2020 (LBO) – Rating action ICRA Lanka Limited, Subsidiary of ICRA Limited, Group Company of Moody’s Investors Service has assigned the Issuer rating of [SL]A- (pronounced SL A minus1) with Stable outlook for Prime Lands Residencies (Pvt) Limited (“PRIMER”/ “the Company”). ICRA Lanka has taken a consolidated view of the Prime Group, in […]
Opinion: Is life insurance an absolute necessity?
By Indu Attygala The global life insurance industry is estimated to have grown by around 3% in the past years. Much of this growth has been led by the robust performance of investment products in emerging markets, especially in Asia. In comparison, the Sri Lankan Life insurance industry was the most attractive industry by the […]
Opinion: The cost of being a Sri Lankan woman
By Nishtha Chadha This year’s International Women’s Day theme is #EachforEqual – a concept grounded in the idea of ‘Collective Individualism’. Collective Individualism is the idea that each of us is part of one whole. Our individual actions, conversations, behaviours and mindsets go beyond the confines of our individual lives, and can have a significant […]
Sri Lanka stocks close down
Mar 11, 2020 (LBO) – Following global markets, the Colombo Bourse took an expected beating Tuesday with both indices tumbling heavily during the initial ten minutes of trading. With the S&P SL20 index succumbing to a 5% drop at the initial hour, a trading halt was imposed for half an hour. Although, the initial panic […]
CSE trading halted temporarily: Trading to re-commence by 10.12 am
Mar 10, 2020 (LBO) – Trading at Sri Lanka’s Colombo Stock Exchange (CSE) has been halted temporarily following the S and P index dropping below 5 percent, stockbrokers said. The S and P index fell 124.28 points or 5.01 percent soon after it opened for trading Tuesday following a long weekend break. “The market will […]
WHO officially declared COVID-19 a pandemic
Mar 10, 2020 (LBO) – The World Health Organization officially declared COVID-19 a pandemic. As cases of the coronavirus surge in Italy, Iran, South Korea, the U.S. and elsewhere, many scientists say it’s plain that the world is in the grips of a pandemic — a serious global outbreak. Until now, the World Health Organization […]