Category: Other
CA Sri Lanka’s groundbreaking alliance with ICAEW
Turning a new leaf in the country’s dynamic accounting profession, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) broke new ground on Monday as it entered into a strategic alliance with one of the world’s most respected and prestigious accounting bodies, the Institute of Chartered Accountants in England and Wales (ICAEW). The […]
CEAT announces immediate pass-on of tax reductions to customers
Says expects beneficial impact on operating costs in public transport and carriage of goods CEAT Kelani Holdings, which manufactures nearly half of Sri Lanka’s pneumatic tyre requirements, has announced that it has already begun passing on the full benefit of the recent tax reductions to its customers. While every segment of tyre users would benefit […]
Global initiative by FAO to control Fall Armyworm; mobile app to launch in local languages
Dec 16, 2019 (LBO) – The Food and Agriculture Organization of the United Nations (FAO) has launched a pioneering initiative – “Global Action for Fall Armyworm Control”, that aims to mobilize USD 500 million over 2020–22 to take radical, direct and coordinated measures to fight Fall Armyworm at a global level. In Sri Lanka, FAO […]
Mobitel to play critical role as connectivity partner for Hatton National Bank
(PRESS RELEASE) – HNB as the communication and solutions partner. MEB offers industry-best ICT services and provide tailor made business solutions using big data, data science and advance data analytics which has consistently attracted the nation’s blue chip corporates to opt for Mobitel as their Communications Partner. We will put this expertise to strategic use […]
Sri Lanka to be represented in World Business Angels Investment Forum
Dec 16, 2019 (LBO) – Talal Rafi, a Sri Lankan entrepreneur and consultant will be Sri Lanka’s representative to the World Business Angels Investment Forum (WBAF) and will be representing Sri Lanka at the WBAF World Congress in Istanbul, Turkey in February 2020 as well as in the Global Startup Committee. “The participation of Talal […]
Sri Lanka to review process adopted to revise original scope of Colombo Financial City
Dec 12, 2019 (LBO) – Sri Lanka’s cabinet nod has been received to appoint an expert committee to look into the process adopted by the previous government to revise the original scope of the Colombo Financial City. With the help of external consultants and the Legal Draftsman, a Bill has already been drafted to establish […]
New pathway – Dual Membership for CA Sri Lanka students
Dec 12, 2019 (LBO) – A landmark agreement is scheduled to be signed to provide a new pathway to students of CA Sri Lanka on 16 December together with the Institute of Chartered Accountants in England and Wales (ICAEW). The agreement allows CA Students to obtain the membership of the most prestigious professional accountants organisation […]
BASL condemns recent references made to role of Judges & prosecutors
Dec 12, 2019 (LBO) – The Bar Association of Sri Lanka condemns recent statements made with reference to concluded cases, pending litigation, role of Judges, role of prosecutors and the right of representation relating to litigants who are parties to court. It is a basic tenet in our criminal justice system that every suspect or […]
Sri Lanka to benefit from US “Clean Cities, Blue Oceans” global initiative
Dec 12, 2019 (LBO) – The United States Agency for International Development (USAID), On December 5, launched its “Clean Cities, Blue Ocean” (CCBO) program in Sri Lanka and the Maldives, the most recent countries to join this flagship initiative to mitigate ocean plastic. CCBO is a 48 million dollar, a five-year global initiative that helps […]
Sri Lanka in the high human development category, says UNDP’s latest report
Sri Lanka’s Human Development Index value for 2018 is 0.780— which puts the country in the high human development category—positioning it at 71 out of 189 countries and territories, according to the 2019 Human Development Report released by the United Nations Development Programme. Launched on 10 December 2019 at an event held at the United […]
Sri Lanka ranks 71 out of 189 countries in Human Development Index
Dec 10, 2019 (LBO) – Sri Lanka’s Human Development Index value for 2018 is 0.780— which puts the country in the high human development category—positioning it at 71 out of 189 countries and territories, according to the latest Human Development report. Further to the global launch, the first official copy of the report titled, ‘Beyond […]
Sri Lanka elected Chair of Biological Weapons Convention Meet
Dec 09, 2019 (LBO) – The Meeting of States Parties (MSP) to the Convention on Biological Weapons, which concluded its four-day session in Geneva today unanimously endorsed Sri Lanka as the Chair of the Meeting of States Parties to be held in 2020. Sri Lanka’s Permanent Representative to the UN in Geneva Ambassador A.L.A. Azeez […]