Meeting between CBSL Governor and Governor of Qatar Central Bank

The Governor of the CBSL, Ajith Nivard Cabraal had discussions with the Governor of QCB, Sheikh Abdulla Bin Saoud Al-Thani, regarding CBSL and QCB collaboration to strengthen SL-Qatar economic ties and measures to mitigate the impact of COVID-19 pandemic on the economies.

Experts discuss framing a green development pathway for Sri Lanka

Experts from the government, private sector, UN agencies, think tanks, and other development partners, came together at this week’s kickstarter sessions of the Colombo Development Dialogues on Green Development, held on 12 and 14 October 2021. With over 450 participants joining in virtually, they sought to come to a common understanding of a localised, Sri […]

State Minister Balasuriya and BOI woo French investment to Sri Lanka

State Minister of Regional Cooperation Tharaka Balasuriya, along with the Chairman of the Board of Investment Sanjay Mohottala, carried out a series of business meeting in France last week on the sidelines of the IFTM TopRESA Travel mart that took place in Paris. This included a series of high level meetings with a number of […]

NDB Brand Ambassador Dimuth Karunaratne Surprises the New vKYC Customers

In an effort to bring in some excitement to the lives of the customers of NDB Bank during these uncertain times, Dimuth Karunaratne – Sri Lanka Test Cricket Captain and the Bank’s Brand Ambassador personally joined with NDB to conduct the video Know-Your-Customer verification process for customers. Accordingly, Karunaratne made a surprise appearance in the […]

Video Interview: Women in leadership – Sonali Dharmawardene

Continuing with our women in leadership interview series, this month LBO is featuring Sonali Dharmawardene, a very sucessful fashion designer and entrepreuner in Sri Lanka who has pushed boundaries and found balance to rise to the top of her industry. Sonali has taken one of the oldest Sri Lankan Artisan Crafts and put her own […]

Baurs share short term solutions for Sri Lanka’s organic agriculture conversion

A. Baur & Co. (Pvt.) Ltd., widely known as Baurs, a diversified business group and one of the pioneering innovators in agriculture in Sri Lanka, recently shared preliminary key insights and solutions for the country’s farming industry to successfully master the conversion from conventional to organic, backed by scientific evidence and sound knowledge drawing from […]

UNDP introduces Colombo development dialogues on green development

Rapid socio-economic, technological, environmental, and other changes around the world have posed unprecedented challenges to us all. These challenges are especially pertinent against the backdrop of climate change, increased urbanization and widening inequalities, coupled with the ramifications of the COVID-19 outbreak. However, this has also amplified the need for countries to re-align their economic recovery […]

First Capital’s ‘Performance First’ culture now certified by great place to work

The ‘Performance First’ work ethic embraced by First Capital Holdings PLC, a Janashakthi Group Company, received industry validation recently as it was certified as a great workplace by the independent analysts at Great Place to Work® in Sri Lanka. First Capital employees engaged in a multi-faceted anonymous survey conducted by Great Place to Work® on […]

Daraz celebrates five successful years in Sri Lanka

Five years ago, a small and young team of around 100, were operating under the name of Kaymu.lk, building the foundation for a stable e-commerce platform in Sri Lanka. Recognizing the potential of the operations, Daraz stepped forward to invest on this business, contributing with international level financial and technological prowess. Since its launch in […]

Opinion: Navigating through high maritime freight rates

By Imesha Dissanayake Maritime Freight rates have been on an upward trend since the second half of 2020. The Drewry’s composite World Container Index (WCI) as at 30th September 2021 increased to USD 10,361 per 40ft container, which is 292% higher than the same period in 2020. The average composite index of the WCI (Drewry), […]

“Immediate investigation into Sri Lankans revealed in Pandora papers” President

President Gotabaya Rajapaksa has ordered the Commission to Investigate Allegations of Bribery or Corruption to launch an immediate investigation into the Sri Lankans and the related transactions revealed in the Pandora Papers and submit a report in a month. It was published in the media that according to the papers, information has come to light […]

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